Common use of Remanufacturing Services Clause in Contracts

Remanufacturing Services. The Company shall consider Caterpillar’s Remanufacturing Division as its lead remanufacturing provider (i.e., preferred source of remanufactured products and services) and shall invite Caterpillar to bid on remanufacturing services and product supply on terms to be negotiated by the Sourcing Council and Caterpillar on an arms’ length basis. Navistar and the Company shall grant, and shall cause each of their Affiliates to grant, to the Person retained by the Company to provide remanufacturing services (and any Affiliates or subcontractors of such entity) a nonexclusive, royalty-free license under any Intellectual Property owned prior to, on or after the Effective Date by Navistar or the Company, or any of their Affiliates, or to which Navistar or the Company, or any of their Affiliates, prior to, on or after the Effective Date holds rights to for the purpose of providing or arranging to be provided remanufactured products or remanufacturing services to the Company. For the avoidance of doubt, the Master Plan of Cooperation for Remanufacturing Services, dated August 24, 2006, between Navistar and Caterpillar (the “MPC”), the Master Reman Supply Agreement and Reman Product Development Agreement (as defined in the MPC) shall not be deemed to be superseded or otherwise amended by this Agreement.