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Jan 12, 2023 · The license grant clause is a way for contracting parties to establish specific exceptions to this general prohibition by allowing a licensee to use the subject IP for certain purposes. License grant clauses are, of course, commonly found in license agreements. However, as the examples below illustrate, these clauses can also be found in other ...
SOFTWARE LICENSE GRANT Where Product is acquired on a licensed basis the following shall constitute the license grant: Software License Terms (a) Software that is made available by a Provider to Recipient in connection with any Service (any such Software being referred to herein as “TSA-Licensed Software”) provided hereunder will be subject ...
License grant clause samples. (a) License Grant. Licensor hereby grants to the Company, and the Company hereby accepts, subject to the terms and conditions of this Agreement, an exclusive, non-transferable license for the Term and in the Territory to Use the Licensed Intellectual Property solely within the Licensed Field and, where it relates ...
When two parties enter a contract allowing one party to use the intellectual property of the other party, this is known as a licensing agreement. License agreements include warranties and indemnities and introduce liability in relation to the use of the IP in question. United Airlines created a light and a dark side themed flight – which ...
Sep 7, 2016 · Licensing – The Grant Clause. One of the most important clauses in a license agreement is the “grant clause”. The grant clause defines the scope of the legal rights that the patent holder (or “Licensor”) gives to the user (“Licensee”). The scope of the grant clause has significant implications for the commercial use of the invention.
- rgearhart@gearhartlaw.com
The scope of the license, a vital determinant of the licensee's authority, outlines the precise boundaries within which the licensed intellectual property can be employed. This clause is key in defining the extent of the licensee's rights and obligations. A well-drafted scope of the license clause guarantees that both parties have a clear ...
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We have organized these clauses into groups of similarly worded clauses. License Grant. 3.1 License to Surface. 3.1.1 Subject to the terms and conditions of this Agreement, Imprimis hereby grants to Surface a non-exclusive, irrevocable, perpetual, non-transferable (except in connection with a permitted assignment of this Agreement), worldwide ...
