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 ?
For a business that has been operating without a license or with an expired license, the penalty fee is normally 50 percent of the licensing fee multiplied by the number of years of operating without a current license.
Officers aware of the local licensing requirements may take appropriate action when they observe a vehicle carrying construction equipment and displaying a company name without a license number.
There is a hold feature, and it is the feature that the licensing officer will look at to see if this export license application successfully navigated the watch list.
The prepayment, standard in industry for protection of intellectual property and trade secrets, is required only upon signing a license agreement, which occurs after a company has had an opportunity to review significant disclosure of technical information concerning Microsoft's protocol technology.
The group's charter is to facilitate effective software license contracting by setting institutional priorities, negotiating legal terms and conditions directly with vendors, and assisting other staff in the development of good contracting practices.
Their concerns about licensing are understandable, because of the potential cost of the classes and licenses.
Developing a customer service department that can provide good site license leads.
Before being able to use the network to handle licensing efforts, states would have to enact the NAIC's model licensing law so they could issue nonresident licenses to agents that have licenses from their home states.
If someone is involved in a collision and doesn't have a license, a lot of times they're afraid of getting caught driving.
Additional patent holder meetings are planned, and work on the joint license will continue.
The annual Nonresident Sport Fishing License will increase to $84 from $78.
Structuring Patent Licensing Transactions is an authoritative, insiders perspective on key strategies for creating and negotiating patent license agreements on behalf of clients.