Common use of GRANT OF LICENSE AND LICENSE FEE Clause in Contracts

GRANT OF LICENSE AND LICENSE FEE. 2.1 (a) Exclusive License Grant to CTI for Other Markets. MAS hereby grants to CTI: (i) a royalty-bearing (for such time period as is set forth in Section 2.2), exclusive, worldwide sublicense, with a right to further sublicense, under the Baylor Technology and Improvements to make, use, sell, offer for sale and import any instrumentation, device or non-drug consumable for use by customers in the Other Markets; and (ii) a royalty-free, exclusive, worldwide license, with a right to sublicense, under the MAS Technology to make, use, sell, offer for sale and import any instrumentation, device or non-drug consumable for use by customers in the Other Markets.

GRANT OF LICENSE AND LICENSE FEE. 2.1 (a) Exclusive License Grant to EXCLUSIVE LICENSE GRANT TO CTI for Other MarketsFOR OTHER MARKETS. MAS hereby grants to CTI: (i) a royalty-bearing (for such time period as is set forth in Section 2.2), exclusive, worldwide sublicense, with a right to further sublicense, under the Baylor Technology and Improvements to make, use, sell, offer for sale and import any instrumentation, device or non-drug consumable for use by customers in the Other Markets; and (ii) a royalty-free, exclusive, worldwide license, with a right to sublicense, under the MAS Technology to make, use, sell, offer for sale and import any instrumentation, device or non-drug consumable for use by customers in the Other Markets.