Common use of Voya IP Clause in Contracts

Voya IP. To the extent BNY Mellon requires use of the Voya IP in connection with providing the Services, Voya hereby grants BNY Mellon a global, royalty-free, fully paid up, revocable, nonexclusive, nontransferable license for BNY Mellon and BNY Mellon Agents to access and use the Voya IP (but only to the extent permitted by an applicable third-party license agreement), provided that (a) any restrictions in such third-party license agreements have been disclosed to BNY Mellon in writing in advance, and (b) Voya shall be responsible for obtaining necessary consents for BNY Mellon to access and use the Voya IP. Such license shall be only for the Term and shall be limited to the extent necessary for BNY Mellon and BNY Mellon Agents to perform their obligations hereunder.

Appears in 15 contracts

Samples: Fund Administration Support Services Agreement (Voya Enhanced Securitized Income Fund), Fund Administration Support Services Agreement (Voya MUTUAL FUNDS), Fund Administration Support Services Agreement (Voya Separate Portfolios Trust)

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