Common use of Licensed Area Clause in Contracts

Licensed Area. Licensor hereby grants to Licensee and Licensee hereby accepts from Licensor a license to use the Building and the Property, subject to the terms and conditions contained herein.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Seachange International Inc), License Agreement (Seachange International Inc)

Licensed Area. Licensor hereby grants to Licensee and Licensee hereby accepts from Licensor a revocable license to use the Building and the PropertyLicensed Area, subject to the terms and conditions contained herein.

Appears in 1 contract

Sources: Mezzanine Agreement