Common use of Computer Data Clause in Contracts

Computer Data. Not later than the Closing Date, Seller shall have procured for the Company sufficient rights to the Company’s customer lists, software, technical information, data, and data processing technology used by the Company in the Business and set forth on Schedule 5.8, such that the Company may continue to use the same or equivalent software following the Closing in the ordinary course of business. The Parties acknowledge and agree that, prior to Closing, Seller will remove all proprietary data and software owned by Seller or its Affiliates (other than the Company) from the Company’s files, software, servers and other hardware; provided that such proprietary data and software does not primarily relate to the Company or the Business.

Appears in 3 contracts

Sources: Membership Interest Purchase Agreement, Membership Interest Purchase Agreement, Membership Interest Purchase Agreement (Atlas Resource Partners, L.P.)