Common use of License Back to Seller Clause in Contracts

License Back to Seller. As of the Closing Date, Purchaser hereby grants to Seller and its current and future Subsidiaries, under the Patents and any patent issuing from the Patent Applications, and for the lives thereof, a worldwide, irrevocable, fully paid-up, royalty-free, perpetual, non-exclusive past release and future license to make, have made, use, purchase, provide, sell, offer for sale, lease, import, export, host, and otherwise distribute any past, present or future technology, software, products, equipment or services of Seller and such Subsidiaries (including without limitation any past, present or future combinations of the foregoing, collectively “Seller’s Covered Technology”), and to practice any method or process. This license extends to and includes third parties to which Seller or such Subsidiaries provide the Seller’s Covered Technology (including, Onstream Confidential without limitation, any customers, suppliers, licensees, distributors, and end-users of Seller or such Subsidiaries) in connection with their authorized manufacture, having manufactured (including software replication under license), purchase, provision, use, sale, offer for sale, lease, distribution, hosting, exportation, or importation of any of Seller’s Covered Technology. Without limiting the foregoing, the license granted hereunder includes Seller’s and such Subsidiaries’ right to supply Seller’s Covered Technology as components for use in their intended manner in combination with other products and services so long as for any given Patent or patent issuing from the Patent Applications such Seller’s Covered Technology constitutes a material part of the inventions patented under such Patent or patent issuing from the Patent Applications; provided, however, that no license, covenant or other patent rights are being provided to any third party for unlicensed third party components per se. For the life of the Patents and any patent issuing from the Patent Applications, Purchaser (on behalf of itself and any assignees) also covenants not to rely on any of Seller’s Covered Technology (in whole or in part) to meet any element of any infringement claim of the Patents or any patent issuing from the Patent Applications against Seller, its Subsidiaries or any third party. For the avoidance of doubt, the foregoing does not grant Seller any rights to sublicense the Patents or any patent issuing from the Patent Applications apart from Seller’s Covered Technology

Appears in 2 contracts

Samples: Confidential Patent Purchase Agreement, Confidential Patent Purchase Agreement (Onstream Media CORP)

AutoNDA by SimpleDocs

License Back to Seller. As of the Closing Date, Purchaser hereby grants to Seller Microsoft and its current and future Subsidiaries, under the Patents and any patent issuing from the Patent ApplicationsPatents, and for the lives thereof, a worldwide, irrevocable, fully paid-up, royalty-free, perpetual, non-exclusive past release and future license to make, have made, use, use purchase, provide, sell, offer for sale, lease, import, export, host, and otherwise distribute any past, present or future technology, software, products, equipment or services of Seller Microsoft and such Subsidiaries (including without limitation any past, present or future combinations of the foregoing, collectively “Seller’s Covered Technology”), and to practice any method or process. This license extends to and includes third parties to which Seller Microsoft or such Subsidiaries provide the Seller’s Covered Technology (including, Onstream Confidential without limitation, any customers, suppliers, licensees, distributors, and end-users of Seller Microsoft or such Subsidiaries) in connection with their authorized manufacture, having manufactured (including software replication under license), purchase, provision, use, sale, offer for sale, lease, distribution, hosting, exportation, or importation of any of Seller’s Covered Technology. Without limiting the foregoing, the license granted hereunder includes SellerMicrosoft’s and such Subsidiaries’ right to supply Seller’s Covered Technology as components for use in their intended manner in combination with other products and services so long as for any given Patent or patent issuing from the Patent Applications such Seller’s Covered Technology constitutes a material part of the inventions patented under such Patent or patent issuing from the Patent ApplicationsPatent; provided, however, that no license, covenant or other patent Patent rights are being provided to any third party for unlicensed third party components per se. For the life of the Patents and any patent issuing from the Patent ApplicationsPatents, Purchaser (on behalf of itself and any assignees) also covenants not to rely on any of Seller’s Covered Technology (in whole or in part) to meet any element of any infringement claim of the Patents or any patent issuing from the Patent Applications against Seller, its Subsidiaries or any third party. For the avoidance of doubt, the foregoing does not grant Seller any rights to sublicense the Patents or any patent issuing from the Patent Applications apart from Seller’s Covered Technology

Appears in 1 contract

Samples: Confidential Patent Purchase Agreement

AutoNDA by SimpleDocs

License Back to Seller. As of the Closing Date, Purchaser hereby grants to Seller Microsoft and its current and future Subsidiaries, under the Patents and any patent issuing from the Patent ApplicationsPatents, and for the lives thereof, a worldwide, irrevocable, fully paid-up, royalty-free, perpetual, non-exclusive past release and future license to make, have made, use, use purchase, provide, sell, offer for sale, lease, import, export, host, and otherwise distribute any past, present or future technology, software, products, equipment or services of Seller Microsoft and such Subsidiaries (including without limitation any past, present or future combinations of the foregoing, collectively “Seller’s Covered Technology”), and to practice any method or process. This license extends to and includes third parties to which Seller Microsoft or such Subsidiaries provide the Seller’s Covered Technology (including, Onstream Confidential without limitation, any customers, suppliers, licensees, distributors, and end-users of Seller Microsoft or such Subsidiaries) in connection with their authorized manufacture, having manufactured (including Microsoft Confidential Page 3 software replication under license), purchase, provision, use, sale, offer for sale, lease, distribution, hosting, exportation, or importation of any of Seller’s Covered Technology. Without limiting the foregoing, the license granted hereunder includes SellerMicrosoft’s and such Subsidiaries’ right to supply Seller’s Covered Technology as components for use in their intended manner in combination with other products and services so long as for any given Patent or patent issuing from the Patent Applications such Seller’s Covered Technology constitutes a material part of the inventions patented under such Patent or patent issuing from the Patent ApplicationsPatent; provided, however, that no license, covenant or other patent Patent rights are being provided to any third party for unlicensed third party components per se. For the life of the Patents and any patent issuing from the Patent ApplicationsPatents, Purchaser (on behalf of itself and any assignees) also covenants not to rely on any of Seller’s Covered Technology (in whole or in part) to meet any element of any infringement claim of the Patents or any patent issuing from the Patent Applications against Seller, its Subsidiaries or any third party. For the avoidance of doubt, the foregoing does not grant Seller any rights to sublicense the Patents or any patent issuing from the Patent Applications apart from Seller’s Covered Technology

Appears in 1 contract

Samples: Confidential Patent Purchase Agreement (Single Touch Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.