License to Models Clause Samples
The "License to Models" clause grants one party the legal right to use, access, or incorporate specific models—such as software, data models, or machine learning algorithms—provided by the other party. This clause typically outlines the scope of permitted use, any restrictions (such as non-commercial use or limitations on modification), and may specify whether sublicensing or distribution is allowed. Its core practical function is to clearly define the boundaries and permissions for using proprietary models, thereby preventing unauthorized use and ensuring both parties understand their rights and obligations regarding the models.
License to Models a non-exclusive, non- sublicensable, non-transferable license to (i) execute and use the Models for its internal business purposes in conjunction with the Software; (ii) modify the Baseline Models and Community Models to create Community Models; and (iii) modify the Baseline Models to create Private Models for its internal business purposes.
License to Models a non-exclusive, non- sublicensable, non-transferable license to (i) execute and use the Models provided by Instabase for its internal business purposes in conjunction with the Software; and (ii) modify the Baseline Models to create Private Models for its internal business purposes.