Use of Object/Binary Licensed Program with Designated Equipment. Pathnet hereby grants Incumbent a non-exclusive, non-transferable (except as provided in Section 5.1), non-licensable, non-assignable license to Use in machine readable form, the Licensed Program specified in Section 1.1 solely on the Equipment specified in Section 1.2. No license is granted to Use any Licensed Program on any configuration of equipment which is different from or less than the configuration indicated in Section 1.2.
Appears in 2 contracts
Samples: Escrow Agreement (Pathnet Inc), Escrow Agreement (Pathnet Inc)
Use of Object/Binary Licensed Program with Designated Equipment. Pathnet hereby grants Incumbent LLC a non-exclusive, non-transferable (except as provided in Section 5.1), non-licensable, non-assignable license to Use in machine readable form, the Licensed Program specified in Section 1.1 solely on the Equipment specified in Section 1.2. No license is granted to Use any Licensed Program on any configuration of equipment which is different from or less than the configuration indicated in Section 1.2.
Appears in 1 contract
Samples: Pledge Agreement (Pathnet Inc)
Use of Object/Binary Licensed Program with Designated Equipment. Pathnet PathNet hereby grants Incumbent a non-exclusive, non-transferable (except as provided in Section 5.1), non-licensable, non-assignable license to Use in machine readable form, the Licensed Program specified in Section 1.1 solely on the Equipment specified in Section 1.2. No license is granted to Use any Licensed Program on any configuration of equipment which is different from or less than the configuration indicated in Section 1.2.
Appears in 1 contract
Samples: Security Agreement (Pathnet Inc)