by Marine Yborra | Mar 31, 2021 | Escrow
Consider the following scenario: you’re a SaaS company that’s been in business for a while now. You’ve been working on a deal for quite some time and are about to close it. And suddenly, the prospective partner wants you to use software escrow...
by Marine Yborra | Mar 9, 2021 | Escrow
What is a software escrow agreement?A software escrow agreement is a contract between a software supplier and their client that grants the client access to the supplier’s software source code in the event of supplier deficiency (bankruptcy for example).Normally, the...
by Marine Yborra | Mar 3, 2021 | Escrow
What is a Software Escrow Agreement? DefinitionPlacing assets in escrow (“Escrow”) means entrusting the asset with a third-party who undertakes to safekeep and release it to another party upon the occurrence of a pre-defined event. A person or entity (“Digital...