Operator Intellectual Property Clause Samples

Operator Intellectual Property. The Operator hereby grants the Owner a non-exclusive, royalty-free, non-transferable (other than as permitted below) license to use solely with regard to the providing of Services to the Owner any Intellectual Property Rights owned by the Operator required in connection with the provision of the Services. Such license shall be irrevocable during the life of the Utility Plant and thereafter for such period as may be required to satisfy the Owner’s regulatory, record keeping and reporting obligations. Such license may be transferred by the Owner only to a Person who purchases the Utility Plant or who is retained by the Owner to provide such Services, and subject to the terms of this Agreement applicable to the Operator’s Intellectual Property Rights. With respect to a service provider retained by the Owner to provide the Services (other than the Operator), the Owner shall be liable to the Operator for any breach by such transferee of the terms of this Agreement applicable to the Operator’s Intellectual Property Rights as if the Owner itself had made such breach.