Common use of Intellectual Property Licenses Clause in Contracts

Intellectual Property Licenses. Section 3.01. L-3, on behalf of itself and its Subsidiaries, hereby grants as of the Closing Date to CMI and its Subsidiaries a non-assignable, worldwide, fully paid-up, non-exclusive license for the duration of the Term, including the right to grant sublicenses (but such sublicenses may be granted only to Subsidiaries, contractors for whom Licensee is acting as a subcontractor (who will also have the right to sub-license to end-user customers) and end-user customers of Licensee), under the L-3 Intellectual Property, to manufacture, have manufactured, use, offer to sell, and sell, lease, license or otherwise transfer any and all methods, apparatus, processes, compositions and products, and offer and provide any services, in each case in connection with all fields of activity other than the fields of activity of the Business of L-3. Any sublicense permitted hereunder shall not extend beyond the Term.

Intellectual Property Licenses. Section 3.01. L-3, on behalf of itself and its Subsidiaries, Buyer hereby grants as of the Closing Date to CMI and its Subsidiaries a non-assignable, worldwide, fully paid-up, royalty-free, non-exclusive license for the duration of the Term, including the right to grant sublicenses (but such sublicenses may be granted only to SubsidiariesAffiliates of CMI, contractors for whom Licensee CMI or any of its Affiliates is acting as a subcontractor (who will also have the right to sub-license sublicense to end-user customers) and end-user customers of LicenseeCMI or any of its Affiliates), under the L-3 Buyer Intellectual Property, to manufacture, have manufactured, use, offer to sell, and sell, lease, license or otherwise transfer any and all methods, apparatus, processes, compositions and products, and offer and provide any services, in each case in connection with all fields of activity other than the fields of activity of the Business business of L-3Buyer. Any sublicense permitted hereunder shall not extend beyond the Term.