Common use of Return of Deposit Materials Clause in Contracts

Return of Deposit Materials. In the event the Deposit Materials are released and, prior to any effective date of termination of the Release Period, any involuntary bankruptcy or insolvency proceeding referenced in Section 7.1(c)(iii) is dismissed, then the CBOT shall (a) return to LIFFE all Deposit Materials and any Bug Fixes created by or on behalf of the CBOT; (b) provide LIFFE with any modified source code (including source code pertaining to any Bug Fixes created by or on behalf of the CBOT); or (c) destroy any and all copies of the Deposit Materials in the CBOT's possession and/or control, via a method that renders all such copies permanently unrecoverable, and certify any such copies as destroyed via such a method.

Appears in 2 contracts

Sources: Software License Agreement (Cbot Holdings Inc), Software License Agreement (Cbot Holdings Inc)