Common use of Rights to Use Clause in Contracts

Rights to Use. Seller hereby grants, and agrees to grant, to Buyer, its affiliates, agents and subcontractors an irrevocable, non-exclusive, worldwide license to use any intellectual property that is used in the manufacture of the Goods to make, have made, use and sell the Goods. This license may be exercised only upon the transfer of the supply of the Goods from Seller to another supplier or to Buyer and will be subject to Buyer’s payment of a reasonable royalty with respect to any of Seller’s patented intellectual property that is used in the manufacture of the Goods unless the transfer of supply occurs as a result of Buyer’s termination of all or a portion of this Contract based on an Insolvency Event or Seller’s breach, in which case the license will be royalty free. Upon Xxxxx’s request, Xxxxxx agrees to provide all documents necessary for Xxxxx’s use of such intellectual property.

Appears in 2 contracts

Samples: General Terms and Conditions, General Terms and Conditions

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Rights to Use. Seller hereby grants, and agrees to grant, to Buyer, its affiliates, agents and subcontractors an irrevocable, non-exclusive, worldwide license to use any intellectual property that is used in the manufacture of the Goods to make, have made, use and sell the Goods. This license may be exercised only upon the transfer of the supply of the Goods from Seller to another supplier or to Buyer and will be subject to Buyer’s payment of a reasonable royalty with respect to any of Seller’s patented intellectual property that is used in the manufacture of the Goods unless the transfer of supply occurs as a result of BuyerXxxxx’s termination of all or a portion of this Contract based on an Insolvency Event or Seller’s breach, in which case the license will be royalty free. Upon Xxxxx’s request, Xxxxxx agrees to provide all documents necessary for Xxxxx’s use of such intellectual property.

Appears in 2 contracts

Samples: General Terms and Conditions, General Terms and Conditions

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Rights to Use. Seller hereby grants, and agrees to grant, to Buyer, its affiliatessubsidiaries, agents and subcontractors an irrevocable, non-exclusive, worldwide license to use any intellectual property that is used in the manufacture of the Goods to make, have made, use and sell the Goods. This license may be exercised only upon the transfer of the supply of the Goods from Seller to another supplier or to Buyer and will be subject to Buyer’s payment of a reasonable royalty with respect to any of Seller’s patented intellectual property that is used in the manufacture of the Goods unless the transfer of supply occurs as a result of BuyerXxxxx’s termination of all or a portion of this Contract based on an Insolvency Event or Seller’s breach, in which case the license will be royalty free. Upon Xxxxx’s request, Xxxxxx agrees to provide all documents necessary for Xxxxx’s use of such intellectual property.

Appears in 1 contract

Samples: General Terms and Conditions

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