Common use of Technology Systems and Technology Systems IP License Clause in Contracts

Technology Systems and Technology Systems IP License. Licensor hereby grants to Licensee a non-exclusive, worldwide, fully paid-up, royalty-free, perpetual (subject to Section 5.2), non-sublicensable license to: (i) load, reproduce and use the Technology Systems IP and Assigned Technology Systems IP on an unlimited number of servers, mainframe, and mid-range computers or client workstations within Licensee’s organization; (ii) use the Technology Systems, including, but not limited to, the servers, mainframe, and mid-range computers or client workstations within Licensor’s operation; (iii) modify, enhance, upgrade, create derivative works based upon and otherwise maintain and support the Technology Systems IP; and (iv) reproduce the Technology Systems IP for archival or back-up purposes, in each case, solely in connection with Licensee’s management of the Property and any Other Manager Properties.

Technology Systems and Technology Systems IP License. Licensor hereby grants to Licensee a non-exclusive, worldwide, fully paid-up, royalty-free, perpetual (subject to Section 5.2), non-sublicensable license to: (i) load, reproduce and use the Technology Systems IP and Assigned Technology Systems IP on an unlimited number of servers, mainframe, and mid-range computers or client workstations within Licensee’s organization; (ii) use the Technology Systems, including, but not limited to, the servers, mainframe, and mid-range computers or client workstations within Licensor’s operation; (iii) modify, enhance, upgrade, create derivative works based upon and otherwise maintain and support the Technology Systems IP; and (iv) reproduce the Technology Systems IP for archival or back-up purposes, in each case, solely in connection with Licensee’s management of the Property Properties, the other Company Managed Properties and any Other Manager Properties.