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The Importance of Escrow Agreements in Software and Technology License Agreements

Julie Machal-Fulks, Texas Lawyer, 6/6/16

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.