Common use of License Granted Clause in Contracts

License Granted. Supplier grants NCR a perpetual, worldwide, non- exclusive, non-transferable license to use any software Product or software component of a Product (“Software”) as an end user. If the Software is for re-sale, Supplier grants NCR a royalty-free, perpetual, worldwide, non-exclusive, non- transferable license to distribute and re-sell it either directly or indirectly by (a) transferring the package to its customer without altering the package or its contents, in which case Supplier will license the software directly to the end user subject to the license terms it provided in the package; or (b) licensing the software to its customers pursuant to its standard terms and conditions. Supplier grants to NCR a perpetual worldwide non-exclusive license to use Supplier's trademarks and trade names on or in connection with the Software. Supplier warrants that the Software does not incorporate any “open source” component whose license terms would, with respect to any portion of the Software, require NCR to: (a) disclose or distribute it in source code form; (b) license it for the purpose of making derivative works; or (c) distribute it at no charge.

Appears in 3 contracts

Samples: Purchase Order Agreement, Purchase Order Agreement, Purchase Agreement

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License Granted. Supplier grants NCR a perpetual, worldwide, non- exclusive, non-transferable license to use any software Product or software component of a Product (“Software”) as an end user. If the Software is for re-sale, Supplier grants NCR a royalty-free, perpetual, worldwide, non-exclusive, non- transferable license to distribute and re-sell it either directly or indirectly by (a) transferring the package to its customer without altering the package or its contents, in which case Supplier will license the software directly to the end user subject to the license terms it provided in the package; or (b) licensing the software to its customers pursuant to its standard terms and conditions. Supplier grants to NCR a perpetual worldwide non-exclusive license to use Supplier's trademarks and trade names on or in connection with the Software. Supplier warrants that the Software does not incorporate any “open source” component whose license terms would, with respect to any portion of the Software, require NCR to: (a) disclose or distribute it in source code form; (b) license it for the purpose of making derivative works; or or (c) distribute it at no charge.

Appears in 2 contracts

Samples: Purchase Order Agreement, Purchase Order Agreement

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