Common use of License Term Clause in Contracts

License Term. The license granted under this Article III will be effective as of immediately after the Distribution and will automatically expire at the earlier of (I) the end of the period set forth in Schedule F with respect to each Shared Real Property, or (II) the expiration date of the relevant underlying lease pertaining to each Shared Real Property (in which case the Service Provider shall provide to the Service Recipient written notice thirty (30) days prior to such expiration).

Appears in 6 contracts

Samples: Transition Services Agreement (Garrett Motion Inc.), Transition Services Agreement (Nuance Communications, Inc.), Transition Services Agreement (Cerence LLC)

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License Term. The license granted under this Article III will be effective as of immediately after the Distribution and will automatically expire at the earlier of (Ii) the end of the period set forth in Schedule F with respect to each Shared Real Property, or (IIii) the expiration date of the relevant underlying lease pertaining to each Shared Real Property (in which case the Service Provider shall provide to the Service Recipient written notice thirty (30) days prior to such expiration).

Appears in 3 contracts

Samples: Transition Services Agreement (Resideo Technologies, Inc.), Transition Services Agreement (Resideo Technologies, Inc.), Transition Services Agreement (Resideo Technologies, Inc.)

License Term. The license granted under this Article III II will be effective as of immediately after the Distribution and will automatically expire at the earlier of (I) the end of the period set forth in Schedule F E with respect to each Shared Real Property, or (II) the expiration date of the relevant underlying lease pertaining to each Shared Real Property (in which case the Service Provider shall provide to the Service Recipient written notice thirty (30) 30 days prior to such expiration).

Appears in 2 contracts

Samples: Transition Services Agreement (AdvanSix Inc.), Transition Services Agreement (AdvanSix Inc.)

License Term. The license granted under this Article III II will be effective as of immediately after the Distribution and will automatically expire at the earlier of (I) the end of the period set forth in Schedule F with respect to each Shared Real Property, or (II) the expiration date of the relevant underlying lease pertaining to each Shared Real Property (in which case the Service Provider shall provide to the Service Recipient written notice thirty (30) 30 days prior to such expiration).

Appears in 1 contract

Samples: Transition Services Agreement (AdvanSix Inc.)

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License Term. The license granted under this Article III will be effective as of immediately after the Distribution and will automatically expire at the earlier of (I) the end of the period set forth in Schedule F with respect to each Shared Real Property, or (II) the expiration date of the relevant underlying lease pertaining to each Shared Real Property (in which case the Service Provider shall provide to the Service Recipient written notice thirty (30) 30 days prior to such expiration).

Appears in 1 contract

Samples: Transition Services Agreement (Garrett Transportation Systems Inc.)

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