Common use of Software Licenses Clause in Contracts

Software Licenses. To the extent that a Party (each, a "distributing Party") receives one or more copies of any software of the other Party hereunder, it shall have the right to use that software internally in order to exercise its rights hereunder. The foregoing use right shall not include the right to copy and distribute such software, copies of which must be purchased from the other Party. In addition and subject to Section 3.5(b), the Parties acknowledge that any software or other proprietary portion of the applicable Products is licensed, not sold, to the distributing Party and its end user customers, and that such license shall be pursuant to the distributing Party's customary license terms used for the distributing Party's customary license terms used for the distributing Party's software or proprietary products as are in effect from time to time.

Appears in 4 contracts

Samples: Manufacturing and Distribution Agreement (Diametrics Medical Inc), Manufacturing and Distribution Agreement (Koninklijke Philips Electronics Nv), Support and Services Agreement (Koninklijke Philips Electronics Nv)

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