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 ?
This non-exclusive license is mutually beneficial for FLYHT and the Licensee, remarked FLYHT CEO Thomas R.
In the case of a non-exclusive license, the patent owner does it alone.
Synaptic Pharmaceutical Corporation (Paramus, NJ; 201-261-1331) announced the granting of non-exclusive licenses covering Synaptic's alpha-1 adrenergic receptors and benign prostatic hypertrophy patents to The R.
Ablexis is continuing the commercialization of the AlivaMab Mouse technology through non-exclusive licenses granting broad use of the platform for discovery with no target or field-of-use restrictions.
Ireland-based ERS Genomics has signed a non-exclusive license agreement with Knudra Transgenics, a company involved in model-organism bioengineering.
We are pleased to extend a non-exclusive license under the AVT patent to Electro Flip," said Kathlene Ingham, GPC's Director of Licensing.