Common use of Extent of License Clause in Contracts

Extent of License. The right granted in paragraph 1 hereof shall be exclusive within the Field of Use, but subject to any outstanding license agreements which LICENSOR may currently have in force with other third parties. This license is not assignable or transferable in any manner whatsoever, nor does LICENSEE have the right to grant any sub-licenses except to affiliates, unless LICENSEE has obtained prior written consent of LICENSOR.

Appears in 4 contracts

Samples: Lease Agreement (Halliburton Co), Lease Agreement (Halliburton Co), License Agreement (Dresser Inc)

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