license

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license

An authorization for a particular person or entity to do some act on the land or property of another. Licenses are revocable at will, grant no exclusivity, and are not assignable.The one who receives the license is the licensee;the one who grants it is the licensor.

References in periodicals archive ?
Alternatively, if the government is likely to be the only customer, but Company X envisions that it will be retained to produce and sell the widget to the government, the company may find it acceptable to use the government funding and have the government retain the nonexclusive license since Company X is confident that the government will be paying Company X to provide the widgets.
Nonexclusive license to Nano Lab, a Boston-based manufacturer of vertically aligned carbon nanotubes.
One of the assets is all of Y's rights in certain software previously used by Y under the terms of a nonexclusive license from the software developer.
The nonexclusive license covers services offered by UPS in the "Travel and Transportation Services" Field of Use including customer service delivered through automated systems and live agents.
Ryogen offers nonexclusive licenses under the AmP patent and patent applications to the research community on attractive terms.
The nonexclusive license covers services offered by Humana and its subsidiaries in the "Automated Health Care Services" Field of Use, including customer service provided via automated systems and live agents.
The nonexclusive license covers services offered by Global Crossing in the Group Conferencing Field of Use including collaborative and conferencing services delivered through automated systems and live agents.
In 2003, Chiron granted nonexclusive licenses to its HCV technology to Boehringer-Ingelheim International GmbH, Gilead Sciences, Pfizer, Rigel Pharmaceuticals and Vertex Pharmaceuticals.
The nonexclusive license covers services offered by Navy Federal Credit Union in the "Financial Services Call Processing" Field of Use including customer service delivered through automated systems and live agents.
Chiron Corporation today announced that it has granted to Boehringer Ingelheim International GmbH a nonexclusive license for the research, development and commercialization of small molecule therapeutics against hepatitis C virus (HCV) drug targets.
As part of the settlement, PSEG has agreed to pay an undisclosed sum for a nonexclusive license under a comprehensive portfolio of patents that Katz owns relating to interactive voice applications.
As part of the settlement, Toolz has entered into a nonexclusive license agreement pursuant to which Toolz has agreed to pay Trimble a lump-sum licensing fee, as well as royalties based on future sales of certain Toolz products.