Common use of License From Us Clause in Contracts

License From Us. Subject to your acceptance of these Terms, we give you a personal, worldwide, royalty-free, non- assignable and non-exclusive license to use the software provided to you by us as part of the System as provided to you by us (referred to as the "Software"). This license is for the sole purpose of enabling you to use and enjoy the benefit of the System as provided by us, in the manner permitted by these Terms. This Agreement and your license granted under this Agreement are personal to you (and your Personnel (as defined below) in the course of their work for you), and do not include the right to sublicense your rights under this Agreement to any third party. You may not transfer or assign, by operation of law or otherwise, this Agreement or your license to any third party without our prior written consent, which may be withheld in our sole discretion for any reason or for no reason. Notwithstanding the foregoing, you may permit your employees, consultants or other third-party service providers (collectively, Personnel) to access and use your account on your behalf; provided that you shall be responsible for ensuring that your Personnel comply with these Terms and any applicable end user license agreement to which they assent. If you acquire a third party entity or acquire substantially all of the assets of a third party entity, or are acquired by a third party, in each case, whether by merger, change of control, sale of assets, consolidation or otherwise, such event shall be considered an assignment of this Agreement for this purpose. Any assignment or attempted assignment in violation of these terms shall be of no effect, and shall constitute a breach of this Agreement and result in the immediate and automatic termination of your license rights under this Agreement; any renewal of such rights shall, if then available, be at our sole discretion, and will be on terms and conditions applicable at the time of renewal.

Appears in 1 contract

Samples: Commercial License Agreement

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