Common use of Use of Intellectual Property Clause in Contracts

Use of Intellectual Property. Each Party, on behalf of itself and the other members of its Group, hereby grants to the members of the other Party’s Group and to their respective Affiliates and Sub-Contractors, if applicable, providing the Services under this Agreement a nonexclusive, nontransferable, world-wide, royalty-free, sublicensable license, for the term of this Agreement, to use the Intellectual Property owned by such Party and the other members of its Group solely to the extent necessary for the other Party, the other members of the other Party’s Group and their respective Affiliates and Sub-Contractors, if applicable, to perform their obligations hereunder.

Appears in 4 contracts

Samples: Transition Services Agreement (Vista Outdoor Inc.), Transition Services Agreement (Revelyst, Inc.), Transition Services Agreement (Vista Outdoor Inc.)

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Use of Intellectual Property. Each Party, on behalf of itself and the other members of its Group, hereby grants to the members of the other Party’s Group and to their respective Affiliates and Sub-Contractors, if applicable, providing the Services under this Agreement a nonexclusive, nontransferable, world-wide, royalty-free, sublicensable license, for the term of this Agreement, to use the Intellectual Property intellectual property owned by such Party and the other members of its Group solely to the extent necessary for the other Party, the other members of the other Party’s its Group and their respective Affiliates and Sub-Contractors, if applicable, to perform their obligations hereunder.

Appears in 3 contracts

Samples: Transition Services Agreement (Dte Energy Co), Transition Services Agreement (DT Midstream, Inc.), Transition Services Agreement (DT Midstream, Inc.)

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