Shrinkwrap Software definition
Examples of Shrinkwrap Software in a sentence
Seller will follow the required and appropriate procedures as specified in the Shrink-wrap Software licenses and by law to assign and transfer its rights in the Shrink-wrap Software to Purchaser, and, if required to record such assignment.
Schedule 2.1(a)(ii) lists all Intellectual Property in the Purchased Assets that any Person has licensed to the Company or otherwise authorized the Company to use (except for licenses of Shrinkwrap Software) (collectively, the “Third Party Intellectual Property”).
The Prepackaged Software License, also known as a "Shrink-wrap" Software License, is designed for use with software sold through retailers or other mass market retailers such as Best Buy or Wal*Mart.
The Company has made available to the Purchaser accurate and complete copies of the Contracts governing such Third Party Intellectual Property (except for licenses of Internally Used Shrinkwrap Software).
Schedule 5.13(a) also sets forth a true and complete list of the following: (X) Owned Intellectual Property: (i) material unregistered Trademarks of the Company that are used in the Business to market the Company’s products and services (ii) material proprietary Software offerings (excluding Internally Used Shrinkwrap Software used in the Business), and (Y) databases that are used in or are necessary to conduct the Business as currently conducted.