Common use of Use of Rights Clause in Contracts

Use of Rights. (a) Aspect hereby grants to NK a non-exclusive, worldwide right and license during the Agreement Term to practice the Rights in order to manufacture, use and sell the Product as a component of multi-parameter module patient monitoring systems manufactured by or for NK. Specifically, but without limitation, the Rights may not be used to make, use or distribute the Product for incorporation into stand-alone EEG/BIS monitors.

Use of Rights. (a) Aspect hereby grants to NK a non-exclusive, worldwide right and license during the Agreement Term to practice the Rights in order to manufacture, use and sell the Product as a component of multi-parameter module modular patient monitoring systems manufactured by or for NK. Specifically, but without limitation, the Rights may not be used to make, use or distribute the Product for incorporation into stand-alone EEG/BIS monitors.