Common use of Software Covenants Clause in Contracts

Software Covenants. BancTec agrees to comply with each of the following requirements: (a) BancTec shall not copy, alter, modify, translate, decompile, disassemble, reverse engineer or otherwise attempt to derive source code, or create derivative works of the Software, or any part thereof, or knowingly allow others to do so, during or after the Term. (b) Except as otherwise specifically provided in this Agreement, BancTec shall not loan, rent, lease, give, sub-license, or otherwise transfer, nor communicate or otherwise disclose, the Software, including any part or any copy thereof, in whole or in part, to any person. (c) The Software, including all parts thereof, and any copies, in whole or in part, and any and all copyrights thereto, are and remain the property of nFront, irrespective of the ownership of the media on which such Software and any parts or copies thereof are contained. (d) Each copy of the Software sold to Banks by nFront shall include a license agreement, the form of which shall be as set forth in the Exhibit E. (e) BancTec acknowledges that the laws and regulations of the United States restrict the export and re-export of commodities and technical data of United States origin, including the System. BancTec agrees that it shall not export or re-export such Software in any form without nFront's consent, which consent shall, among other things be conditioned upon BancTec receiving the appropriate United States and foreign government licenses and approvals. (f) BancTec shall not, by any act or omission, impair or prejudice the copyright or any other right of whatever nature of nFront in and to the System or any part thereof, and shall not deal with the same in any manner which may allow any third party to obtain any rights in the same which are inconsistent or which conflict with the rights of nFront.