RELEASE OF TECHNOLOGY ESCROW MATERIALS Sample Clauses

The 'Release of Technology Escrow Materials' clause defines the conditions under which materials held in escrow, such as source code or technical documentation, are released to a beneficiary. Typically, this clause outlines specific trigger events—like the licensor's bankruptcy, failure to support the technology, or breach of contract—that must occur before the escrow agent is authorized to provide the materials to the licensee. By establishing clear procedures and criteria for release, this clause ensures that the licensee can access critical technology assets if the licensor is unable or unwilling to fulfill their obligations, thereby mitigating operational risks and protecting the licensee's interests.
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RELEASE OF TECHNOLOGY ESCROW MATERIALS. Release of the Technology Escrow Materials to Sprint will be on the terms and conditions (including notice, redeposit and other provisions) set forth in the Technology Escrow Agreement. Any release will, in any event, be granted to Sprint whenever Sprint provides written notice to the Technology Escrow Agent, with a copy to Z-Tel, stating that a Triggering Event has occurred and demanding release of the Technology Escrow Materials to Sprint. Any Technology Escrow Materials released to Sprint under this Section 14.6 will be subject to the Technology License.
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RELEASE OF TECHNOLOGY ESCROW MATERIALS. Release of the Technology Escrow Materials to MCI shall be on terms and conditions (including notice, redeposit and other provisions) as set forth in the Technology Escrow Agreement, but such release shall in any event be granted to MCI whenever MCI provides written notice to the Technology Escrow Agent, with copy to Z-Tel, a) stating that a Primary Z-Tel Triggering Event has occurred and describing that event, or b) stating that a Secondary Z-Tel Triggering Event has occurred, describing that event, and certifying that MCI has tendered to Z-Tel in immediately available funds the difference, if any, between ******** and the amount previously paid by MCI to Z-Tel in Software License Fees, and
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Related to RELEASE OF TECHNOLOGY ESCROW MATERIALS

  • Proprietary Information and Inventions You agree to execute, deliver and be bound by the provisions of the Proprietary Information and Inventions Agreement attached hereto as Exhibit C.

  • Technical Information The Employer agrees to provide to the Union such information that is available relating to employees in the bargaining unit, as may be required by the Union for collective bargaining purposes.

  • Confidential Information and Invention Assignment Agreement Executive acknowledges that he has previously executed and delivered to an officer of the Company the Company’s Confidential Information and Invention Assignment Agreement (the “Confidentiality Agreement”) and that the Confidentiality Agreement remains in full force and effect.

  • Patent/Copyright Materials/Proprietary Infringement Unless otherwise expressly provided in this Contract, Contractor shall be solely responsible for clearing the right to use any patented or copyrighted materials in the performance of this Contract. Contractor warrants that any software as modified through services provided hereunder will not infringe upon or violate any patent, proprietary right or trade secret right of any third party. Contractor agrees that, in accordance with the more specific requirement contained in paragraph 18 below, it shall indemnify, defend and hold County and County Indemnitees harmless from any and all such claims and be responsible for payment of all costs, damages, penalties and expenses related to or arising from such claim(s), including, but not limited to, attorney’s fees, costs and expenses.

  • Confidential Information and Invention Assignment Agreements Executive’s receipt of any payments or benefits under Section 3 (other than the accrued benefits set forth in Section 3(a)(i) or Section 3(b)(i)) will be subject to Executive continuing to comply with the terms of the At-Will Employment, Confidential Information, Invention Assignment and Arbitration Agreement between the Company and Executive, as such agreement may be amended from time to time.