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by theobon
3116 days ago
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Typically these are worded as part of support & maintenance and is triggered by failure to meet that obligation. Acquisition, merger, spin-out, JV or bankruptcy would not trigger it provided support is maintained. Also, the force majeure clause typically allows some reasonable timeline to reinstate support before it is triggered. I would think the positive of a large client greatly outweighs the liability of the code escrow. |
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