Conditions of Licence. (a) The Supplier warrants that it has the authority to grant the Licence. (c) The Software must only be used on the Designated Computer Equipment, unless the consent of the Supplier is obtained to use the Software on alternative equipment. Such consent shall not be unreasonably withheld. (d) The Supplier shall provide Updates or New Releases pursuant to this Agreement at no additional fee. Upon delivery of the Updates or New Releases to the Customer they would automatically become incorporated as an element of the Software governed by this Agreement. (e) The Customer will not create or permit to exist a security interest over the Software or documentation or in any modifications to, or enhancements, Updates or New Releases of, the Software or documentation. For the purposes of the foregoing, "security interest" means a security interest that is subject to the Personal Property Securities Act 2009 (Cth) or any other mortgage, pledge, lien, charge or other arrangement of any kind which in substance secures the payment of money or the performance of any obligation, or that gives a creditor priority over unsecured creditors.
Appears in 2 contracts