Common use of License Grant & Restrictions Clause in Contracts

License Grant & Restrictions. ADvendio hereby grants to Customer a non-exclusive, non-transferable, worldwide right to use the ADvendio On-Demand Service, solely for Customer’s own internal business purposes, subject to the terms and conditions of this Agreement. Customer may grant sublicenses to affiliated companies, in which Customer owns the majority of shares and/or voting rights (hereinafter “Customer Affiliates”) and may grant sublicenses to franchisees of Customer for the time they are bound by a franchise agreement with Customer (hereinafter “Franchisees”). Upon request by ADvendio, Customer will identify to ADvendio all Customer Affiliates and Franchisees to which a sublicense has been granted as well as the number of respective Users of such Customer Affiliates and Franchisees. Under no circumstances Customer may grant a sublicense or any other use or access rights to entities which are direct or indirect competitors of ADvendio. All rights not expressly granted to Customer are reserved by ADvendio and its licensors.

Appears in 3 contracts

Sources: Master Subscription Agreement, Master Subscription Agreement, Master Subscription Agreement