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.