Common use of License of Pre-Existing Intellectual Property Clause in Contracts

License of Pre-Existing Intellectual Property. Contractor grants to the Participating Entity a nonexclusive, perpetual, royalty-free, irrevocable, unlimited license to publish, translate, reproduce, modify, deliver, perform, display, and dispose of the Intellectual Property, and its derivatives, used or delivered under this Master Agreement, but not created under it (“Pre-existing Intellectual Property”). The license shall be subject to any third party rights in the Pre-existing Intellectual Property. Contractor shall obtain, at its own expense, on behalf of the Participating Entity, written consent of the owner for the licensed Pre-existing Intellectual Property.

License of Pre-Existing Intellectual Property. Contractor grants to the Participating Purchasing Entity a nonexclusive, perpetual, royalty-free, irrevocable, unlimited license to publish, translate, reproduce, modify, deliver, perform, display, and dispose of the Intellectual Property, and its derivatives, used or delivered under this Master Agreement, but not created under it (“Pre-existing Intellectual Property”). The license shall be subject to any third party rights in the Pre-existing Intellectual Property. Contractor shall obtain, at its own expense, on behalf of the Participating Purchasing Entity, written consent of the owner for the licensed Pre-Pre- existing Intellectual Property.

License of Pre-Existing Intellectual Property. Contractor grants to the Participating Purchasing Entity a nonexclusive, perpetual, royalty-free, irrevocable, unlimited limited license to publish, translate, reproduce, modify, deliver, perform, display, and dispose of the Intellectual Property, and its derivatives, used or delivered under this Master Agreement, but not created under it (“Pre-existing Intellectual Property”). The license shall be subject to any third party rights in the Pre-existing Intellectual Property. Contractor shall obtain, at its own expense, on behalf of the Participating Purchasing Entity, written consent of the owner for the licensed Pre-existing Intellectual Property.

License of Pre-Existing Intellectual Property. Contractor grants to the Participating Entity a nonexclusive, perpetual, royalty-free, irrevocable, unlimited limited license to publish, translate, reproduce, modify, deliver, perform, display, and dispose the Intellectual Property of Contractor necessary for Participating Entity’s use of the Intellectual Property, and its derivatives, used or delivered Product(s) purchased under this Master Agreement, but not created under it Agreement (“Pre-existing Intellectual Property”). The license shall be subject to the Contractor’s rights and any third party rights in the Pre-existing Intellectual Property. Contractor shall obtain, at its own expense, on behalf of the Participating Entity, written consent of the owner for the licensed Pre-existing Intellectual Property.