How is Software Problem defined in a legal contract?
- Software Problem means a situation where functionalities of a certain system do not perform as they were originally designed and documented in the system's online user help. Seen in 3 SEC filings
- Software Problem means a circumstance where a system is not functioning according to its specifications, generating substantially incorrect data, or causing a system to crash. Seen in 3 SEC filings
- Software Problem means a defect in the software media distribution and functionality that is inconsistent with the software specifications. Seen in 2 SEC filings
- Software Problem means an error condition that is repeatable and reproducible, causing a product to not function according to the specifications mentioned in the User Documentation,including for all updates, releases, or versions when properly installed and operated. Seen in 1 SEC Filing
Please note that the term 'Software Problem' does not refer to any specific product, system or organization. It simply defines a general situation or problem occurring in software operation or functionality. Avoid associating this term with a specific scenario or context when using it in your own contracts or legal documents.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of software problem' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Software Problem means malfunctioning system functionalities, not in accordance with documented specifications.
Relevant Contract Types
- Software Development Agreement
- Software License Agreement
- Software Maintenance Agreement
- Terms of Service Agreement
Relevant Circumstances
- Negotiating or drafting a software development, licensing, or maintenance contract.
- Resolving a dispute relating to a software problem.
- Defining the scope of technical support or maintenance services.
Relevant Sectors
Genie Definition 2
Software Problem means an error causing a product to not function properly according to the User Documentation.
Relevant Contract Types
- Software Development Agreement
- Software License Agreement
- Product Purchase Agreement
- End User License Agreement
Relevant Circumstances
- Negotiating a software license or purchase agreement where the software product must meet certain user documentation specifications.
- Describing the scope of warranty or indemnity clauses in a software or product purchase agreement.
Relevant Sectors
Software Problem means malfunctioning system functionalities, not in accordance with documented specifications.
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