Common use of Approved Software Clause in Contracts

Approved Software. The software specified in the Remote Deposit Capture User Guide as provided by Bank shall be purchased or leased by you at your sole expense. You also agree to maintain the Approved Software and to acquire all upgrades or replacement versions thereof at your sole expense. We retain the right to specify different software for use by you in connection with the Service, and you agree to acquire and substitute such new or upgraded software not later than the installation date specified by us after which date we will no longer support any prior version of such software.

Appears in 3 contracts

Sources: Master Services Agreement, Remote Deposit Capture Service Addendum, Master Services Agreement