Common use of Tangible Research Property Clause in Contracts

Tangible Research Property. Subject to the terms and conditions of this Agreement, WU hereby grants to Licensee, and Licensee hereby accepts, a nontransferable, nonexclusive and royalty-bearing license, for the Term of this Agreement, to use the Tangible Research Property solely for the purpose of exploiting the licenses granted to Licensee in Sections 2.1 and 2.2 above. For the avoidance of doubt, Licensee acknowledges and agrees that no license is granted or implied to use the Tangible Research Property for any other purpose.

Tangible Research Property. Subject to the terms and conditions of this Agreement, WU hereby grants to Licensee, and Licensee hereby accepts, a nontransferablenon-transferable (except pursuant to Section 15.6), nonexclusive and royalty-bearing license, for the Term of this AgreementTerm, to use the Tangible Research Property solely for the purpose of exploiting making, having made, selling, offering for sale, using, and importing Licensed Products, solely in the licenses granted to Licensee Territory and in Sections 2.1 and 2.2 abovethe Field. For the avoidance of doubt, Licensee acknowledges and agrees that no license is granted or implied to use the Tangible Research Property for any other purpose.