Common use of License of Intellectual Property Rights Clause in Contracts

License of Intellectual Property Rights. The Licensor agrees and will cause its subsidiaries to agree to grant a license to the Licensee in accordance with the provisions of this Agreement, the Licensee agrees to accept from the Licensor and its subsidiaries the license to all the Intellectual Property Rights in the possession of the Licensor and its subsidiaries, including but not limited to the Intellectual Property Rights as shown in the Exhibit (which may be updated from time to time) in part and in full (the “Intellectual Property Rights”), or the right to use the Intellectual Property Rights to carry out business activities.

License of Intellectual Property Rights. The Licensor agrees and will cause its subsidiaries to agree to grant a license to the Licensee in accordance with the provisions of this Agreement, the Licensee agrees to accept from the Licensor and its subsidiaries the license to all the Intellectual Property Rights intellectual property rights in the possession of the Licensor and its subsidiaries, including but not limited to the Intellectual Property Rights intellectual property rights as shown in the Exhibit (which may be updated from time to time) in part and in full (the “Intellectual Property Rights”), or the right to use the Intellectual Property Rights to carry out business activities.