Common use of Grants of Licenses Clause in Contracts

Grants of Licenses. 2.1 IR hereby grants to Purchaser a non-exclusive, non-transferable (subject to Section 8.5 hereof), perpetual, irrevocable, world-wide, fully paid-up, royalty-free license, non-sublicensable, except for the right to sublicense to its Affiliates, to use the Licensed IP Rights to design, develop, prepare derivative works of, make, have made, import, use, market, offer for sale, sell, distribute, import and service Licensed Products.

Grants of Licenses. 2.1 IR Purchaser hereby grants to Purchaser IR a non-exclusive, non-transferable (subject to Section 8.5 hereof), perpetual, irrevocable, world-wide, fully paid-up, royalty-free license, non-sublicensable, except for the right to sublicense to its Affiliates, to use the Licensed IP Rights to design, develop, prepare derivative works of, make, have made, import, use, market, offer for sale, sell, distribute, import sell and service Licensed Productsotherwise commercialize products and services.

Grants of Licenses. 2.1 IR 2.1. Purchaser hereby grants to Purchaser IR a non-exclusive, non-transferable (subject to Section 8.5 1.24 hereof), perpetual, irrevocable, world-wide, fully paid-up, royalty-free license, non-sublicensable, except for the right to sublicense to its Affiliates, to use the Licensed IP Rights to design, develop, prepare derivative works of, make, have made, import, use, market, offer for sale, sell, distribute, import sell and service Licensed Productsotherwise commercialize products and services.