Common use of Grant of Nonexclusive License Clause in Contracts

Grant of Nonexclusive License. In connection with the Collateral Agent' exercise of the Collateral Agent' rights under this Article 12, each Borrower hereby grants to the Collateral Agent a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which any Borrower now or hereafter has rights, such license being with respect to the Collateral Agent' exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.

Grant of Nonexclusive License. In connection with the Collateral Agent' 's exercise of the Collateral Agent' 's rights under this Article 12, each Borrower hereby grants to the Collateral Agent a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which any Borrower now or hereafter has rights, such license being with respect to the Collateral Agent' 's exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.

Grant of Nonexclusive License. In connection with the Collateral Agent' ’s exercise of the Collateral Agent' ’s rights under this Article 12, each the Borrower hereby grants to the Collateral Agent a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which any the Borrower now or hereafter has rights, such license being with respect to the Collateral Agent' ’s exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.

Grant of Nonexclusive License. In connection with the Collateral AgentAgents' exercise of the Collateral AgentAgents' rights under this Article 1211, each Borrower hereby grants to the Collateral Agent Agents a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which any Borrower now or hereafter has rights, such license being with respect to the Collateral AgentAgents' exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.