RLS Licensed Software definition
Examples of RLS Licensed Software in a sentence
Licensee acknowledges that no title to the "Teletrac" marks, RLS Licensed Software or RLS Licensed Technical Information, or any part thereof, has been or will be transferred to Licensee.
Other than the RLS Customer Workstation Licensed Software in executable format, which Licensee may sublicense to RLS Customers, Licensee may copy the RLS Licensed Software solely for its own use and solely in connection with the performance of its obligations under this License Agreement.
Licensee acknowledges and assumes all risks that Licensee Technical Modifications may affect the functionality or operation of the RLS Licensed Software or Radio Location System, or both.
Licensee acknowledges that Teletrac shall have no obligation to create RLS Licensed Software Corrections or to provide corrections requested by Licensee.
If there are delays in obtaining any such licenses or consents, Teletrac will make partial deliveries of RLS Licensed Software, in accordance with the terms and conditions of this License Agreement, to the extent feasible.
If this Agreement is terminated by the Underwriters in accordance with the provisions of Section 5, Section 9(a)(i) or Section 11 hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters, reasonably incurred by the Underwriters in connection with this Agreement or the offering contemplated hereunder.
If, as set forth in Section 7.2, 7.5 or 7.6.2, Licensee elects to terminate this License Agreement, or as set forth in Section 7.4, Teletrac elects to terminate this License Agreement, and Licensee elects to continue to operate the Radio Location System in the Territory, then, solely for the purpose of such operations in the Territory, Licensee may continue to use the RLS Licensed Software and RLS Licensed Technical Information.
Licensee shall have no right, either during or after the term of this License Agreement, to sell or disclose to third parties, or to use, other than as part of the Radio Location System in the Territory, Licensee Executable Software Upgrades that are derived from or include any part of the RLS Licensed Software.
During the term of this License Agreement, Teletrac agrees that, within sixty (60) days after the release of any RLS Licensed Software Corrections to at least fifty percent (50%) of Teletrac's Radio Location System operating in the United States, Teletrac will deliver to Licensee, at no charge, copies in executable format of such RLS Licensed Software Corrections.
Licensee agrees that neither it nor its employees will use or copy RLS Licensed Software except as authorized in this License Agreement.