Grant of Licenses. As of the Effective Date and thereafter during the Term, subject to the terms and conditions of this Agreement, (a) School grants to TMS a non-exclusive, non-transferable, royalty free, revocable license to use School’s Intellectual Property solely in connection with the Services or as necessary for TMS to perform its obligations under this Agreement, and (b) TMS grants to School a non- exclusive, non-transferable, royalty free, revocable license to use TMS’s Intellectual Property solely as necessary to access or utilize the Services. Neither Party shall use, transfer, assignment, lease, or sublicense, in whole or in part, any of the other Party’s Intellectual Property without such other Party’s prior written consent, except as otherwise set forth in this Agreement.
Appears in 14 contracts
Samples: Student Refund Management Services Agreement, Student Refund Management Services Agreement, Student Refund Management Services Agreement
