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The Importance of Escrow Agreements in Software and Technology License Agreements

Julie Machal-Fulks, Texas Lawyer, June 2016

Some of their most integral software applications businesses use are under another party’s control. When each party is upholding its end of the licensing bargain, these relationships can be long-lasting and useful. But, in some instances, the licensee can no longer access software on which it relies because the licensor is unable or unwilling to continue ensuring meaningful access.