Common use of Grant of Valero License Clause in Contracts

Grant of Valero License. Upon the terms and conditions set forth in this Article 6, VMSC hereby grants and conveys to the Partnership and each of the entities currently or hereafter comprising a part of the Partnership Group a nontransferable, nonexclusive, royalty-free, worldwide right and license (the “Valero License”) to use the trademarks and tradenames owned by VMSC listed on Schedule F (collectively, the “Valero Marks”).