Common use of Licence to Contract Property Clause in Contracts

Licence to Contract Property. PCS grants Customer a worldwide, perpetual, non-exclusive, non-transferable, royalty-free license to copy, maintain, use and run (as applicable) solely for its internal business purposes associated with its use of Purchased Services any software code, documentation or similar deliverables, including any know-how contained therein, developed by PCS for Customer as part of Professional Services under this Agreement (“Contract Property”). PCS and Customer each retains all right, title and interest in its respective IPR and PCS retains all ownership rights in the Contract Property.

Appears in 9 contracts

Samples: Master Services Agreement, Master Services Agreement, Master Services Agreement

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