Common use of License to Xxxxxxx Clause in Contracts

License to Xxxxxxx. Veralto hereby grants to Xxxxxxx a worldwide, non-exclusive, irrevocable, perpetual license to use, modify, enhance and improve Veralto Improvements. The foregoing license shall be sublicenseable solely (i) to other members of the Xxxxxxx Group, (ii) to third parties to the extent reasonably necessary to support the business of the Xxxxxxx Group and subject to appropriate confidentiality and non-use obligations, and (iii) to members of the Xxxxxxx Group in connection with the business or assets of such member, that, on or after the Distribution Date are sold, spun-off, split-off, merged or otherwise transferred to a third party.

Appears in 3 contracts

Samples: DBS License Agreement (Veralto Corp), DBS License Agreement (Danaher Corp /De/), DBS License Agreement (Veralto Corp)

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License to Xxxxxxx. Veralto Envista hereby grants to Xxxxxxx a worldwide, non-exclusive, irrevocablenon-transferable, perpetual license to use, modify, enhance and improve Veralto Envista Improvements. The foregoing license shall be sublicenseable solely (i) to other members of the Xxxxxxx Group, (ii) to third parties to the extent reasonably necessary to support the business of the Xxxxxxx Group and subject to appropriate confidentiality and non-use obligations, and (iii) to members of the Xxxxxxx Group in connection with the business or assets of such member, that, on or after the Distribution Effective Date are sold, spun-off, split-off, merged or otherwise transferred to a third party.

Appears in 2 contracts

Samples: DBS License Agreement (Envista Holdings Corp), DBS License Agreement (Envista Holdings Corp)

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