Common use of Grant of Know-How License Clause in Contracts

Grant of Know-How License. (a) Upon the terms and subject to the conditions set forth in this Agreement, Ultra hereby grants to Delta a perpetual, non-transferrable, non-assignable, royalty-free limited license to access, use, copy and make Improvements to the Ultra Licensed Know-How in accordance with and as permitted by this Agreement (the “Ultra Know-How License”). During the Term, the Ultra Know-How License shall be (i) limited solely to the Delta Field and Shared Field and (ii) exclusive in the Delta Field even as against Ultra (other than and subject to any rights in respect of the Ultra Licensed Know-How granted by Ultra or any Ultra Subsidiaries to any Third Party prior to the date of this Agreement).

Appears in 4 contracts

Samples: Intellectual Property Matters Agreement (Perspecta Inc.), Intellectual Property Matters Agreement (DXC Technology Co), Matters Agreement

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Grant of Know-How License. (a) Upon the terms and subject to the conditions set forth in this Agreement, Ultra Delta hereby grants to Delta Ultra a perpetual, non-transferrable, non-assignable, royalty-free limited license to access, use, copy copy, and make Improvements to the Ultra Delta Licensed Know-How in accordance with and as permitted by this Agreement (the “Ultra Know-How License”). During the Term, the Ultra Know-How License shall be (i) limited solely to the Delta Ultra Field and Shared Field and (ii) exclusive in the Delta Ultra Field even as against Ultra (other than and subject to any rights in respect of the Ultra Delta Licensed Know-How granted by Ultra Delta or any Ultra Delta Subsidiaries to any Third Party prior to the date of this Agreement)) even as against Delta.

Appears in 4 contracts

Samples: Intellectual Property Matters Agreement (Perspecta Inc.), Intellectual Property Matters Agreement (DXC Technology Co), Matters Agreement

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