Source Code Escrow Material definition

Source Code Escrow Material means the source code, macros, specialized routines, procedures and documentation, and any improvements, revisions, upgrades, enhancements and updates thereto, that are sufficient to allow for the complete restoration and utilization of the machine executable code of the latest version of the Program licensed by Gateway hereunder.
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Examples of Source Code Escrow Material in a sentence

  • If Supplier (i) ceases, for any reason, to support the Product, (ii) ceases to do business, and its business and support of the Product is not continued by another corporation or entity which assumes and performs Supplier’s obligations under this Agreement, or (iii) undertakes or has instituted against it any action described in Section 9.B below, then the Source Code Escrow Material shall be delivered and released to Gateway immediately.

  • In such event, Supplier grants Gateway the right to use, execute, modify, and reproduce the Source Code Escrow Material or any portion thereof for the sole purpose of supporting its customers who have acquired the Product from Gateway.

  • Supplier shall, at its own expense, maintain on deposit with a nationally recognized bank, trust company or escrow company, machine readable copies of current versions of all Source Code Escrow Material.