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License
License contract clause examples

#[[Organization A:Organization]] hereby grants [[Bank of America:Organization]] a nonexclusive, worldwide, irrevocable, perpetual license to install, use, execute and copy the Software described in each Product License Schedule as necessary to conduct [[Bank of America:Organization]] business in accordance with the terms and restrictions of this Section and any special terms and restrictions stated on the applicable Product License Schedule.

#[[Organization A:Organization]] hereby grants [[Bank of America:Organization]] a nonexclusive, worldwide, irrevocable, perpetual license to: # any patents related to or necessary or desirable to use the Software to the extent such patents are now held, licensed to or hereafter acquired by [[Organization A:Organization]], for the purpose of allowing [[Bank of America:Organization]] and its Affiliates and permitted assigns to install, copy, use, execute, modify, distribute (as necessary or useful for [[Bank of America:Organization]] and its Affiliates and permitted assigns to enjoy their rights as set forth in the Agreement), make, have made, enhance, improve and alter the Software (both in Object Code and Source Code form) as necessary to conduct [[Bank of America:Organization]] business in accordance with the terms and restrictions or this Section; # any Copyrights now held, licensed to or hereafter acquired by [[Organization A:Organization]] in the Software for the purpose of allowing [[Bank of America:Organization]] and its Affiliates an permitted assigns to install, copy, use, execute, modify, distribute (as necessary or useful for [[Bank of America:Organization]] and its Affiliates and permitted assigns to enjoy their fights as set forth In the Agreement, produce derivative works from and

#[[Organization A:Organization]] hereby grants to [[Bank of America:Organization]] a nonexclusive, fully paid, irrevocable, royalty-free, world-wide license to use, modify, copy, produce derivative works from, display, disclose to persons who have entered into a written agreement containing substantially the same confidentiality provisions as in this Agreement for the purpose of maintaining the Software for [[Bank of America:Organization]], and otherwise to utilize the Software and the Source Code and other materials necessary to maintain and improve the Software for use by [[Bank of America:Organization]], subject always to the limitations In this Agreement on reproduction and use of the Software.

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