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 ?
As a LICENSOR, a company must ensure its assets are protected and that the insolvent counterparty can continue to perform, often paying royalties, or the company-licensor can retract and recover the intellectual property assets.
In both supplemental agreements, it was provided further that CEZA will "consider and accept the offer" of companies as its other licensees provided they are not currently hosted, appointed or authorized by either licensors.
But a lot of these manufacturers do not deal with licensors or agents directly, instead taking on sub-licensee contracts for regional licensees.
One-Blue, LLC, is the one-stop shop for patents essential to the Blu-ray Disc(TM) standard from leading licensors, including Columbia Technology Ventures, CyberLink, Dell, Fujitsu, Hewlett-Packard, Hitachi Consumer Electronics Co.
When I was running global IP at Cisco, would-be licensors often claimed they had a "large pile" of patents that they claimed we also infringed (supposedly worth tens or hundreds millions of dollars in license fees), but they disclosed specifics about as few of those patents as possible.
Fifteen patent owners are licensors in the pool operated by One-Blue, namely Cyberlink, Dell, Fujitsu, Hewlett- Packard, Hitachi, JVC Kenwood, LG, Panasonic, Philips, Pioneer, Samsung, Sharp, Sony, Taiyo Yuden, and Yamaha.
Courts interpreting this revised comment developed inconsistent rules as to whether, and under what circumstances, the "apparent manufacturer" doctrine applied to trademark licensors. Some courts concluded that, pursuant to comment (a) of [section] 400, a licensor does not "put out" a product as his own unless he "sells, leases, gifts, or loans the product." (8)
Licensors used such relief to their tactical advantage, and these situations came to a head in the 1986 landmark case of Lubrizol Enterprises Inc.
Through the Mediabox-DAM application Licensors and Agents are able to grant their Licensees controlled access to the high-resolution artwork, logos, images, documents and other digital materials according to the contractual rights the Licensee has acquired.
In this book/CD-ROM package, Classen (University of Baltimore Law School) examines some of the issues that both licensors and licensees may confront in the negotiation of a software license, and looks at related issues such a software development and maintenance and support.
Licensors often want to maintain discretion to set and approve or disapprove quality of goods and services, but licensees may want a reasonable discretion standard.
In turn, licensing exclusivity represents an important concern for licensors as well as licensees.

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