What Is The Meaning Of Support Agreement

“Response Time” means the period within which easysoft must make reasonable efforts to respond to a Licensee`s request for assistance in accordance with clause 4.3 below; Easysoft shall not be liable to Licensee for any loss arising out of or in connection with any representation, representation or obligation made prior to the date of performance of this Agreement, except for any statement or obligation confirmed in writing by a duly authorized representative of Easysoft or expressly incorporated or referred to in the Terms of Support. This Agreement is binding and applicable to the legal successors of Easysoft or licensee. Support includes necessities such as food, clothing and shelter and, in some cases, medicine and medical services. A commitment to support is sufficient consideration for the transfer of ownership of a property or for the assignment of a payment. Similarly, an agreement to make a legacy or an agreement in exchange for a commitment of support is enforceable. Capitalized terms used in this Section 15 but not defined herein shall have the meanings described in the Support Agreement. “Support Terms” means these Maintenance and Support Terms. “Services” means easysoft`s provision of assistance with respect to the Software in accordance with clause 4 below under Support; “Support Agreement” means the agreement between Easysoft and Licensee to provide Support in accordance with the Terms of Assistance; Where real property is transferred in exchange for a promise of support, the grantor may reserve a lien or subject it at a reasonable cost to ensure the performance of the beneficiary, and such reservation should be expressly included in the language of the article or contract of support. A support contract can be secured by a mortgage on the promiser`s property, and a beneficiary`s agreement to support the grantor can be secured by a beneficiary`s mortgage. Support contracts are subject to general contract law and require legally sufficient consideration for the promise of support. A moral obligation that has nothing to do with a legal obligation such as that between the parent and the child is not a sufficient consideration for a promise of maintenance. The agreement should carefully define the term “support”, indicating whether the obligation includes payment for medical care and services, as well as funeral expenses. The agreement should specify whether the beneficiary`s choice of residence is limited to the celebrity`s domicile or whether the payment of money instead of the provision of services and material comfort is allowed.

“Software” means the software specified in the Order; “Order” means the Order Document or Order Process that specifies the support service required by Licensee; On the day of the application, the debtors also submitted the restructuring support agreement and plan for information and discussion at the first day hearing. The Terms of Assistance shall be governed by and construed in accordance with English law, and the parties hereby agree to submit to the exclusive jurisdiction of the English courts. If any provision of the Assistance Terms is held by a court to be invalid or unenforceable, the invalidity or unenforceability of that provision will not affect the remaining provisions of the Assistance Terms and any provisions not affected by such invalidity or unenforceability will remain in full force and effect. In view of the impossibility of raising other sufficient capital or additional financing on terms acceptable to the debtor and otherwise remedying a very difficult liquidity situation, the debtor has decided to continue the restructuring of its business in the present case under Chapter 11, in accordance with the Restructuring Support Agreement. “License” means the terms and conditions under which Easysoft Licensee is authorized to use the Software; The waiver by Easysoft or the Licensee of any breach or non-maintenance of any of the Support Terms by the other shall not be construed as a waiver of any subsequent breach of the same or other provisions, nor any delay or omission on the part of Easysoft or the Licensee in the exercise or exercise of any legal capacity or privilege it may or may have hereto, as a waiver of the violations or omissions of the other. .