Common use of Program License Clause in Contracts

Program License. Subject to termination pursuant to Section 5 below, Phoenix hereby grants Intercept a non-exclusive worldwide, perpetual, irrevocable right and license to install, use, copy, modify, adapt, translate, and create Derivative Works of (under sublicense or otherwise) all versions of the Program, including all source code and object code, and to authorize others to do some or all of the foregoing subject to the limitations set forth herein.

Program License. Subject to termination pursuant to Section 5 below, Phoenix Intercept hereby grants Intercept Phoenix a non-exclusive worldwide, perpetual, irrevocable right and license to install, use, copy, modify, adapt, translate, and create Derivative Works of (under sublicense or otherwise) all versions of the Program, including all source code and object code, and to authorize others to do some or all of the foregoing subject to the limitations set forth herein.