Common use of Licensor grants to Licensee Clause in Contracts

Licensor grants to Licensee. during the Term of this Agreement a non-exclusive license to use the Brand Content, including, without limitation, the Marks and Licensor’s proprietary management systems in connection with Licensee’s Business only. Such license may not be assigned, pledged, encumbered or otherwise transferred by Licensee, voluntarily or involuntarily, by operation of law or otherwise, without Licensor’s prior written consent, and any attempt to do so will immediately void the license granted under this Agreement.

Appears in 2 contracts

Sources: Brand License Agreement, Brand License Agreement (CNL Funds)