Grant of Sublicense. Subject to the terms and conditions of this Agreement, BlackRock hereby grants to the Trust a sublicense to use the Licensor Patent Rights in the manner set forth in, and subject to the terms of, the License Agreement.
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Sources: Sublicense Agreement (iShares Gold Trust Micro), Sublicense Agreement (iShares Gold Trust Micro), Sublicense Agreement (iShares Gold Trust Micro)
Grant of Sublicense. Subject to the terms and conditions of this Agreement, BlackRock hereby grants to the Trust a non-exclusive, personal, non-transferable (except as provided in Article 10) sublicense to use the Licensor Patent Rights for the term of this Agreement solely for the purpose of establishing, operating and marketing the Licensed Product in the manner set forth in, and subject to the terms of, the License AgreementTerritory.
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