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AG 1999 06 21
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AG 1999 06 21
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Last modified
3/25/2002 6:00:16 PM
Creation date
11/27/2017 11:49:25 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
6/21/1999
Board
Board of Commissioners
Meeting Type
Regular
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SECTION 9 <br /> <br />LICENSE OF SOURCE CODE <br /> <br /> 9.1. License of Source Code. In the event the Source Code shall be delivered <br />out of escrow to Licensee pursuant to the terms of this Agreement, Licensee shall be <br />licensed by Licensor, and Licensor does so hereby license Licensee, subject to such <br />condition, to use, modify, maintain, and update the Source Code in all such respects as <br />may be necessary for Licensee to maintain and update the License Programs in <br />accordance with the description of such services in the License Agreement, and object <br />code resulting from such use shall be owned by Licensee for purposes of operating the <br />System, but not for sale or transfer to any third party. <br /> <br /> SECTION 10 <br /> <br />RIGHT OF ESCROW AGENT TO FILE INTERPLEADER OR ACTION <br /> <br /> 10.1. Interpleader. Notwithstanding any other provision of this Agreement, in the <br />event Escrow Agent shall receive conflicting demands from Licensor and Licensee <br />respecting release of the Source Code to Licensee hereunder, Escrow Agent may, in its <br />sole, but reasonable discretion, file an interpleader action with respect thereto in any court <br />of competent jurisdiction and deposit the Source Code with the Clerk of Court or withhold <br />release of the Source Code until instructed otherwise by court order. <br /> <br />SECTION 11 <br /> <br />FEES OF ESCROW AGENT <br /> <br /> 11.1. Fees of Escrow A,qent. Licensor shall pay to Escrow Agent, annually in <br />advance during the terms, hereof the fees of the Escrow Agent at its then current rate for <br />its performance of services hereunder. <br /> <br /> SECTION 12 <br /> <br /> LIMITATION OF OBLIGATIONS OF ESCROW AGENT <br /> <br /> 12.1. Limitation of Obligations of Escrow Aqent. Escrow Agent shall not be <br />required to inquire into the truth of any statements or representations contained in any <br /> <br /> <br />
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