Common use of Mandatory Updates Clause in Contracts

Mandatory Updates. In the event COREL provides Licensee with an Update to address a threatened or actual security breach in the Software, to replace technologies that may infringe third party intellectual property rights or for any other reason of similar significance to COREL (such Updates hereinafter referred to as “Mandatory Updates”), Licensee agrees to promptly, and in no event later than ten (10) business days after COREL provides such Mandatory Update to Licensee, cease Use of any Software that has not been updated with the Mandatory Update and inform all Authorised Users to do the same. If Licensee fails to comply within the time frame specified in this Section 8.2, COREL may terminate this Agreement immediately upon notice to Licensee.