Common use of Licensee Technology Clause in Contracts

Licensee Technology. Licensee represents and warrants in recognition of mutual benefits to be derived by Licensee, that it shall grant to Licensor a nonexclusive, royalty free license, with the right to sublicense, to make, use, and sell any Licensee made improvement or enhancement or improvement or enhancement made on behalf of Licensee, to the Licensed Product (Licensee Technology). With regard to technology developed by Licensee, Licensee represents and warrants that it shall have the sole and exclusive right to grant the license to manufacture, use, sell, and otherwise transfer Licensee's Technology relating to the System to Licensor.

Appears in 1 contract

Sources: License Agreement (Id Technologies Corp)

Licensee Technology. Licensee represents and warrants in recognition of mutual benefits to be derived by Licensee, that it shall grant to Licensor a nonexclusive, royalty free license, with the right to sublicense, to make, use, and sell any Licensee made improvement or enhancement enhancement, or improvement or enhancement made on behalf of Licensee, to the Licensed Product (Licensee Technology). With regard to technology developed by Licensee, Licensee represents and warrants that it its shall have the eth sole and exclusive right to grant the license to manufacture, use, sell, and otherwise transfer Licensee's Technology relating to the System to Licensor.

Appears in 1 contract

Sources: License Agreement (Id Technologies Corp)

Licensee Technology. Licensee represents and warrants in recognition of mutual benefits to be derived by Licensee, that it shall grant to Licensor a nonexclusive, royalty free license, with the right to sublicense, to make, use, and sell any Licensee made improvement or enhancement enhancement, or improvement or enhancement made on behalf of Licensee, to the Licensed Product (Licensee Technology). With regard to technology developed by Licensee, Licensee represents and warrants that it shall have the sole and exclusive right to grant the license to manufacture, use, sell, and otherwise transfer Licensee's Technology relating to the System to Licensor.

Appears in 1 contract

Sources: License Agreement (Id Technologies Corp)