Common use of Licenses; Agreements Clause in Contracts

Licenses; Agreements. (i) Neither the Company nor any Subsidiary has granted any options, licenses or agreements of any kind relating to any Company-Owned Intellectual Property outside of Standard Outbound IP Licenses and neither the Company nor any Subsidiary is otherwise bound by or a party to any option, license or agreement of any kind with respect to any of the Company-Owned Intellectual Property. All customer and end user licenses to the Company Products have been granted solely on a Software-as-a-Service basis, and no such licensee has been provided with direct access to any Company Source Code. (ii) Neither the Company nor any Subsidiary is obligated to pay any royalties or other payments to third parties with respect to the marketing, sale, distribution, manufacture, license or use of any Company Products or Company-Owned Intellectual Property.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Docusign Inc)

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Licenses; Agreements. (i) Neither the Company nor any Subsidiary has granted or entered into any options, licenses or agreements of any kind relating to any Company-Owned Intellectual Property outside of other than pursuant to Standard Outbound IP Licenses and other non-exclusive licenses of Company-Owned Intellectual Property to customers in the ordinary course of business consistent with past practice and neither the Company nor any Subsidiary is otherwise bound by or a party to any option, license or agreement of any kind with respect to any of the Company-Owned Intellectual Property. All customer and end user licenses to the Company Products have been granted solely on a Software-as-a-Service basis, and no such licensee has been provided with direct access to any Company Source Code. (ii) Neither the Company nor any Subsidiary is obligated to pay any royalties or other payments to third parties with respect to the marketing, sale, distribution, manufacture, license or use of any Company Products or Company-Owned Intellectual Property.

Appears in 1 contract

Samples: Share Purchase Agreement (Docusign, Inc.)

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Licenses; Agreements. (i) Neither the Company nor any Subsidiary has granted any options, licenses or agreements of any kind relating to any Company-Company Owned Intellectual Property outside of Standard Outbound IP Licenses and neither normal nonexclusive end use terms of service or licenses entered into by users of the Company Products in the ordinary course, nor is the Company or any Subsidiary is otherwise bound by or a party to any option, license or agreement of any kind with respect to any of the Company-Company Owned Intellectual Property. All customer and Property outside of normal nonexclusive end user terms of service or licenses to the entered into by users of Company Products have been granted solely on a Software-as-a-Service basis, and no such licensee has been provided with direct access to any Company Source Code. (ii) in the ordinary course. Neither the Company nor any Subsidiary is obligated to pay any royalties or other payments to third parties with respect to the marketing, sale, distribution, manufacture, license or use of any Company Products or Company-Owned Intellectual PropertyProperty or any other property or rights.

Appears in 1 contract

Samples: Merger Agreement (Zuora Inc)

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