7) Facility HEREBY grants to the Releasees (and grants to the Releasees the right to grant to others), as well as their successors and assigns, in perpetuity, the irrevocable right (but not the obligation), with or without grantors knowledge, to film, tape, photograph, record, exhibit, edit, alter, copy, reproduce, license, sell, rent, disclose, display, publish, distribute, broadcast, webcast, prepare derivative works from or otherwise preserve, use and/or exploit in any format and/or manner now known or hereafter developed, whether commercial or non-commercial in nature the Facility (collectively, the “Use and Materials”). Facility agrees that Releasees shall own and have the right to the Use and Materials, for their own account, throughout the universe and in perpetuity. Facility acknowledges and agrees that it shall not be entitled to receive any compensation whatsoever in connection with the Releasees’ exercise of its Use and Materials rights.