Common use of Lease and License Clause in Contracts

Lease and License. a. XpressKey. If Keyholder has selected the XpressKey (the “XpressKey”), Organization leases to Keyholder, and Keyholder leases from Organization, the XpressKey (which may be new or refurbished). In addition, Organization grants to Keyholder (i) a limited non-exclusive, non-transferable, revocable sub-license to use the network, the use of which Organization licenses from UTC Fire & Security Americas Corporation, Inc. (“UTCFS”), which is necessary for the use and operation of the XpressKey (the “Network”) for the Term (as defined in Section 3 below) and (ii) a limited, non-exclusive, nontransferable, revocable sub-license to use the software Organization licenses from UTCFS (the "Software") for the Term. The equipment and software incorporated in the XpressKey enable the Keyholder to obtain a current update code for the XpressKey; to open and perform other iBox functions with the XpressKey; and to upload property-showing data with the XpressKey.

Lease and License. a. XpressKey. If Keyholder has selected the XpressKey (the “XpressKey”), Organization leases to Keyholder, and Keyholder leases from Organization, the XpressKey (which may be new or refurbished). In addition, Organization grants to Keyholder (i) a limited non-exclusive, non-non- transferable, revocable sub-license to use the network, the use of which Organization licenses from UTC Fire & Security Americas Corporation, Inc. (“UTCFS”), which is necessary for the use and operation of the XpressKey (the “Network”) for the Term (as defined in Section 3 below) and (ii) a limited, non-exclusive, nontransferable, revocable sub-license to use the software Organization licenses from UTCFS (the "Software") for the Term. The equipment and software incorporated in the XpressKey enable the Keyholder to obtain a current update code for the XpressKey; to open and perform other iBox functions with the XpressKey; and to upload property-showing data with the XpressKey.

Lease and License. a. XpressKeyXpressKEY. If Keyholder has selected the XpressKey XpressKEY (the “XpressKey”" XpressKEY "), Organization leases to Keyholder, and Keyholder leases from Organization, the XpressKey XpressKEY (which may be new or refurbished)}. In addition, Organization grants to Keyholder (i) a limited non-exclusive, non-transferable, revocable sub-license to use the network, the use of which Organization licenses from UTC Fire & Security Americas Corporation, Inc. (“"UTCFS”"), which is necessary for the use and operation of the XpressKey XpressKEY (the “"Network”") for the Term (as defined in Section 3 below) and (ii) a limited, non-exclusive, nontransferable, revocable sub-license to use the software Organization licenses from UTCFS (the "Software") for the Term. The equipment and software incorporated in the XpressKey XpressKEY enable the Keyholder to obtain a current update code for the XpressKeyXpressKEY; to open and perform other iBox functions with the XpressKeyXpressKEY; and to upload property-showing data with the XpressKeyXpressKEY.