Common use of License Contract Clause in Contracts

License Contract. ‌ (1) The owner of a certificate of registration of a utility model may, by contract, grant to a person, whether natural person or legal entity, a license enabling him to exploit the registered utility model. (2) The duration of the license may not be longer than that of the utility model registration. (3) The license contract shall be drawn up in writing and signed by the parties. (4) The license contract shall be entered in the Special Register of Utility Models. It shall not be binding on third parties until it is entered in the said Register and published in the form specified in the Implementing Regulations relating to this Annex. (5) The license shall be cancelled from the Register at the request of the owner of the certificate of registration of the utility model or the licensee on presentation of proof of the expiry or termination of the license contract. (6) In the absence of provisions to the contrary in the license contract, the grant of a license shall not preclude the licensor from either granting licenses to other persons, subject to notifying the licensee, or exploiting the registered utility model himself. (7) The grant of an exclusive license shall preclude the licensor from granting licenses to other persons and, in the absence of provisions to the contrary in the license contract, from exploiting the registered utility model himself.

License Contract. ‌ (1) The owner of a certificate of registration of a utility model may, by contract, grant to a person, whether natural person or legal entity, a license enabling him to exploit the registered utility model. (2) The duration of the license may not be longer than that of the utility model registration. (3) The license contract shall be drawn up in writing and signed by the parties. (4) The license contract shall be entered in the Special Register of Utility Models. It shall not be binding on third parties until it is entered in the said Register and published in the form specified in the Implementing Regulations relating to this Annex. (5) The license shall be cancelled from the Register at the request of the owner of the certificate of registration of the utility model or the licensee on presentation of proof of the expiry or termination of the license contract. (6) In the absence of provisions to the contrary in the license contract, the grant of a license shall not preclude the licensor from either granting licenses to other persons, subject to notifying the licensee, or exploiting the registered utility model himself. (7) The grant of an exclusive license shall preclude the licensor from granting licenses to other persons and, in the absence of provisions to the contrary in the license contract, from exploiting the registered utility model himself.

License Contract. ‌ (1) The owner of a certificate of registration of a utility model may, by contract, grant to a person, whether natural person or legal entity, entity a license enabling him to exploit the registered utility model. (2) The duration validity of the license may not be longer than that of the utility model registrationmodel. (3) The license contract shall be drawn up prepared in writing and signed by the parties. (4) The license contract shall be entered in the Special Register special register of Utility Modelsutility models. It shall not be binding on third parties until it is entered in the said Register register and published in the form format specified in the Implementing Regulations implementing regulations relating to this Annex. (5) The license shall be cancelled removed from the Register register at the request of the owner of the certificate of registration of the utility model or the licensee on presentation of proof of the expiry or termination of the license contract. (6) In the absence of provisions to the contrary Unless otherwise provided in the license contract, the grant of a license shall not preclude the licensor from either granting licenses to other persons, subject to notifying the licensee, or from exploiting the registered utility model himself. (7) The grant of an exclusive license shall preclude the licensor from granting licenses to other persons and, in the absence of provisions to the contrary in the license contract, from exploiting working the registered utility model himself.