Common use of License by Service Recipient Clause in Contracts

License by Service Recipient. Service Recipient hereby grants, and shall procure that its relevant Affiliates shall grant, to Service Provider and its Affiliates (and, in the event SpinCo is the Service Recipient, Parent shall hereby retain) a royalty-free, non-exclusive, non-transferable (except as set out in Section 10.5), non-sub-licensable (except to subcontractors permitted under this Agreement) license during the term of this Agreement to use the Intellectual Property Rights controlled by Service Recipient and its Affiliates only to the extent necessary for Service Provider’s provision of the Transition Services and the Migration Support in accordance with this Agreement.

Appears in 4 contracts

Samples: Transition Services Agreement (Solventum Corp), Transition Services Agreement (3m Co), Transition Services Agreement (Solventum Corp)

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