Common use of The License Clause in Contracts

The License. This is a license, not a sale. Footage Firm (owner of XxxxxXxxxxx.xxx) continues to own all Stock Files. Subject to your acceptance of the terms of this Agreement, Footage Firm hereby grants to you a limited non-exclusive, revocable, non-transferable, worldwide right to use the Stock Files as follows: You may use the Stock Files for nearly any project, including feature films, broadcast, commercial, industrial, educational video, print projects, multimedia, games, and the internet, but solely to the extent the Stock File is incorporated into any work with substantial value added by you such that transformed or derivative work is not recognizable as the Stock File nor is the Stock File capable of being downloaded, extracted or accessed by a third party as a stand-alone file (satisfaction of these conditions will constitute the work as a “Derivative Work” for the purposes of this Agreement). Thus, you could incorporate Stock Files in Derivative Works that include promotional materials, packaging, web page design, broadcast, products for sale, electronic and print publication, comps, and layouts. "Non-transferable" as used herein means that except as specifically provided in this Agreement, you may not sell, rent, load, give, sublicense, or otherwise transfer to anyone, the Stock File or the right to use the Stock File. You may however, transfer Stock Files to a third party for the sole purpose of causing such third party to produce and/or manufacture Derivative Works subject to the terms and conditions herein. You cannot otherwise use the Stock Files.

The License. This is a license, not a sale. Footage Firm (owner of XxxxxXxxxxx.xxx) continues to own all Stock Files. Subject to your acceptance of the terms of this Agreement, Footage Firm hereby grants to you a limited non-exclusive, revocable, non-transferable, worldwide right to use the Stock Files as follows: You may use the Stock Files for nearly any project, including feature films, broadcast, commercial, industrial, educational video, print projects, multimedia, games, and the internet, but solely to the extent the Stock File is incorporated into any work with substantial value added by you such that the transformed or derivative work is not recognizable as the Stock File nor is the Stock File capable of being downloaded, extracted or accessed by a third party as a stand-alone file (satisfaction of these conditions will constitute the work as a “"Derivative Work” " for the purposes of this Agreement). Thus, you could incorporate Stock Files in Derivative Works that include videos, promotional materials, packaging, web page design, broadcast, products for sale, electronic and print publication, compsbroadcasts, and layoutsmusical works. "Non-transferableNontransferable" as used herein means that except as specifically provided in this Agreement, you may not sell, rent, load, give, sublicense, or otherwise transfer to anyone, the Stock File or the right to use the original Stock File. You The restriction in the previous sentence applies only to the original Stock File and does not restrict in any way your right to transfer, distribute, sell, or otherwise use the Derivative Work. Additionally, you may however, transfer the original Stock Files to a third party for the sole purpose of causing such third party to produce and/or manufacture Derivative Works subject to the terms and conditions herein. You cannot otherwise use the Stock Files.