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Topic:"Contract Terms" in M03433

Matter: CI# 38900 - P-128.10 - NSPI WO - Opsym-Incumbent Generation Dispatch Modeling $959,107
1 passage 1 document

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N-1Non-Confidential Work Order 7/30/2010 1 passage
4.4.1. Escrow Agreements p. pp. 21-23
4.4.1. Escrow Agreements Escrow agreements protect Nova Scotia Power's interests by ensuring a third party has the source code for the application. In the case of bankruptcy or a dispute with the vendor, NSP would have the opportunity to a...

AI summary Escrow agreements safeguard Nova Scotia Power's (NSP) interests by requiring a third party to hold application source code, ensuring NSP can access it during bankruptcy or vendor disputes. This protects NSP's business continuity and operational control.

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