Common use of License by Service Provider Clause in Contracts

License by Service Provider. Service Provider hereby grants, and shall procure that its relevant Affiliates shall grant, to Service Recipient and its Affiliates (and, in the event SpinCo is the applicable Service Provider, Parent shall hereby retain) a royalty-free, non-exclusive, non-transferable (except as set out in Section 10.5), non-sub-licensable license during the term of this Agreement to use the Intellectual Property Rights controlled by Service Provider and its Affiliates only to the extent necessary for Service Recipient’s receipt of the Transition Services and the Migration Support in accordance with this Agreement.

Appears in 4 contracts

Samples: Transition Services Agreement (Solventum Corp), Transition Services Agreement (3m Co), Transition Services Agreement (Solventum Corp)

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