Common use of Grant of License License Restrictions Clause in Contracts

Grant of License License Restrictions. a. Conditioned upon Licensee's compliance with the terms and conditions hereof, Licensor hereby grants to Licensee a non-exclusive, limited license, without right to sublicense, for the term of this Agreement to use the EViews Software as intended by Licensor for Licensee's authorized internal purposes only, subject to the terms and conditions of this Agreement. b. The Software is licensed for one of the following uses: (i) use on a single machine by one or more users, or (ii) use by a single user on multiple machines. The Software is not licensed for use by more than one individual on more than one machine. c. Licensee may transfer the Software and license to another party if the other party agrees to accept the terms and conditions of this Agreement; provided, that if Licensee transfers the Software, Licensee must, at the same time, either transfer all copies of the Software whether in printed or in machine-readable form to the same party or destroy any copies not transferred. Licensee may not use or keep any copies of the Software if Licensee has transferred it to another party. d. The EViews Software is licensed, not sold, to the Licensee. Licensee may not copy, distribute, sublicense, commercialize or otherwise exploit the EViews Software. Any attempt to sublicense any of the rights, duties or obligations hereunder is void. Licensee may not use, copy, modify, or transfer the Software, or any copy, modification or merged portion, in whole or in part, except as expressly provided for in this Agreement. Licensee may not remove any copyright notice, trademark, or service mark from the EViews Software. Licensee may not translate, disassemble, decompile, reverse engineer, modify, or create derivative works from or of the EViews Software. Licensee may not use the EViews Software to support, enhance or maintain any third party's use of the EViews Software. The EViews Software may not be used in an "ASP", hosted or service bureau model for the benefit of third parties. Licensee may not export or re-export the EViews Software. Licensee acknowledges that the EViews Software contains trade secrets, and accordingly, Licensee will preserve the confidentiality of the EViews Software with at least the same degree of care with which Licensee protects its own most confidential information. If Licensee takes any prohibited action, this license is automatically terminated (in addition to any other rights or remedies that Licensor may have). e. The EViews Software (including all modifications thereto or derivative works prepared there from, whether authorized or not) and all intellectual property rights in any of the foregoing are and shall remain the sole and exclusive property of Licensor or its licensors, as applicable. No ownership, interest or title to the EViews Software, or any intellectual property rights therein, is transferred to Licensee under this License. All right, title and interest in the EViews Software remains the sole and exclusive property of Licensor.

Grant of License License Restrictions. a. Conditioned upon Licensee's ’s compliance with the terms and conditions hereof, Licensor hereby grants to Licensee a non-exclusive, limited license, without right to sublicense, for the term of this Agreement to use the EViews Software as intended by Licensor for Licensee's ’s authorized internal purposes only, subject to the terms and conditions of this Agreement. b. The Software is licensed for one of the following uses: (i) use on a single machine by one or more users, or (ii) use by a single user on multiple machines. The Software is not licensed for use by more than one individual on more than one machine. c. Licensee may transfer the Software and license to another party if the other party agrees to accept the terms and conditions of this Agreement; provided, that if Licensee transfers the Software, Licensee must, at the same time, either transfer all copies of the Software whether in printed or in machine-readable form to the same party or destroy any copies not transferred. Licensee may not use or keep any copies of the Software if Licensee has transferred it to another party. d. The EViews Software is licensed, not sold, to the Licensee. Licensee may not copy, distribute, sublicense, commercialize or otherwise exploit the EViews Software. Any attempt to sublicense any of the rights, duties or obligations hereunder is void. Licensee may not use, copy, modify, or transfer the Software, or any copy, modification or merged portion, in whole or in part, except as expressly provided for in this Agreement. Licensee may not remove any copyright notice, trademark, or service mark ▇▇▇▇ from the EViews Software. Licensee may not translate, disassemble, decompile, reverse engineer, modify, or create derivative works from or of the EViews Software. Licensee may not use the EViews Software to support, enhance or maintain any third party's ’s use of the EViews Software. The EViews Software may not be used in an "ASP", hosted or service bureau model for the benefit of third parties. Licensee may not export or re-export the EViews Software. Licensee acknowledges that the EViews Software contains trade secrets, and accordingly, Licensee will preserve the confidentiality of the EViews Software with at least the same degree of care with which Licensee protects its own most confidential information. If Licensee takes any prohibited action, this license is automatically terminated (in addition to any other rights or remedies that Licensor may have). e. The EViews Software (including all modifications thereto or derivative works prepared there from, whether authorized or not) and all intellectual property rights in any of the foregoing are and shall remain the sole and exclusive property of Licensor or its licensors, as applicable. No ownership, interest or title to the EViews Software, or any intellectual property rights therein, is transferred to Licensee under this License. All right, title and interest in the EViews Software remains the sole and exclusive property of Licensor.