Common use of Limited License Clause in Contracts

Limited License. ISO hereby grants to Merchant a limited, revocable, worldwide, non-exclusive, non sub-licensable and non-transferable license under intellectual property rights owned or licensed by ISO, to use Gateway Services, provided however that: (a) such license is subject to all obligations and restrictions imposed on Merchant in this Agreement; (b) such license extends only to Merchant’s employees and contractors, but only to the extent that such employees and contractors use the Gateway Services for the sole purpose of collecting payments on behalf of Merchant, and for no other purpose whatsoever; (c) such license extends only to Merchant’s use of Gateway Services solely to perform the functions specified herein and in compliance therewith, and (d) while exercising such license, Merchant shall treat the Gateway Services as ISO’s Confidential Information under this Agreement.

Limited License. ISO hereby grants to Merchant a limited, revocable, worldwide, non-non- exclusive, non sub-licensable and non-transferable license under intellectual property rights owned or licensed by ISO, to use Gateway Services, provided however that: (a) such license is subject to all obligations and restrictions imposed on Merchant in this Agreement; (b) such license extends only to Merchant’s employees and contractors, but only to the extent that such employees and contractors use the Gateway Services for the sole purpose of collecting payments on behalf of Merchant, and for no other purpose whatsoever; (c) such license extends only to Merchant’s use of Gateway Services solely to perform the functions specified herein and in compliance therewith, and (d) while exercising such license, Merchant shall treat the Gateway Services as ISO’s Confidential Information under this Agreement.