Phrases with «licensing agreement»

A licensing agreement is a legal contract between two parties that gives permission to one party (the licensee) to use and distribute the intellectual property or copyrighted material of the other party (the licensor) in exchange for a fee or royalty payment. Full definition

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Sentences with «licensing agreement»

  • In many European countries, by contrast, a company that does not itself make use of a patent for three years must negotiate license agreements with other companies wishing to use it. (religion-online.org)
  • He assists with the negotiation of license agreements for the company and also handles all day - to - day legal matters. (telltale.com)
  • Do you read the end user license agreements for software? (kinja.com)
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