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Third Party Licenses means all licenses and other agreements with third parties relating to any Intellectual Property or products that the Company is licensed or otherwise authorized by such third parties to use, market, distribute or incorporate into products marketed and distributed by the Company.
Licensing agreements are legal contracts that are written between two partiesa licensor and licensee.
Third party contracts are agreements that involve a person who isn't a party to a contract but is involved with the transaction. This person may be a buyer representing one of the parties.
Third Party License means a written agreement between a Party or its Affiliates and a Third Party to license or acquire Third Party Intellectual Property Rights for use in connection with the Research, Development, Manufacture, or Commercialization of a Candidate or Product, including for clarity, any such agreement
Precisely identifying which intellectual property will be the subject of the license is necessary to ensure both parties are on the same page and not exceeding their rights.Scope of the Grant.Exclusivity.Territory.Term.Compensation.Termination.Conclusion.
An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
Multi-user license - This license allows you to install a program onto multiple computers used by multiple users. Typically this may be a set number of users. For example, a five user multi-user license allows up to five people to use the program.
A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
licensing agreement is a contractual arrangement between two or more parties in which each party is granted rights to a piece of technology, product, research, or other subject. Crosslicenses generally occur between companies that hold patents over different aspects of the same product.
Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.