Hardware License definition
Examples of Hardware License in a sentence
With respect to each Tractor, the Hardware License and Software License applicable to such Tractor each have a term of [***] that commences on the Delivery Date, unless terminated earlier as set forth in Section 28.2.
Subject to the Hardware License, Licensee shall use Hardware[***] and shall ensure that such Hardware is used, only in furtherance of the Permitted Use and in accordance with this Agreement.
For clarity, while the Hardware License is an intellectual property license, it does not grant or transfer to Licensee any ownership or other rights under any Intellectual Property Rights in or to any Hardware, other than a limited right to use the Hardware that is provided by Licensor hereunder.