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 ?
Naturally, the type of licence, and its terms, will greatly influence the royalties paid to the licensor.
Therefore, at any given point in time, or over time, fixed sum royalty arrangements may prove to be economically unfair to either the licensor or the licensee.
WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P INDICES OR ITS THIRD PARTY LICENSORS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE.
Any holder of patents essential to optical formats used in Blu-ray Disc products is invited to submit patents for evaluation and join the licensing program as a new licensor.
Any holder of patents essential to optical formats used in Blu-ray Disc[TM] products is invited to submit patents for evaluation and join the licensing program as a new licensor.
Each of these methods has its advantages; licensors of the technology often offer more than one approach.
based in Van Nuys, is a marketer, licensor and manager of a variety of brands it owns (Cherokee, Sideout, Carole Little and others) and a consultant to brands it represents.
One-Blue is pleased to welcome Fujitsu to its licensing program as the fourteenth licensor.
One-Blue administers the licensing program for patents essential to Blu-ray Disc products and is the joint licensing agent of its licensors.
Likewise, the licensor was at risk for converting or modifying the software.
One-Blue is proud to announce that TAIYO YUDEN joins our licensing program as the thirteenth licensor.
Today One-Blue announced that YAMAHA Corporation (YAMAHA), a world-leading manufacturer of musical instruments and audio & visual products, has joined the One-Blue product licensing program as a licensor.

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