Licensed Term Sample Clauses
The Licensed Term clause defines the specific duration during which the licensee is permitted to use the licensed intellectual property or rights. Typically, this clause will state a start and end date, or reference an event that triggers the beginning or conclusion of the license period. For example, it may grant usage rights for a fixed number of years or until a particular project is completed. Its core practical function is to clearly establish the timeframe of the license, preventing disputes over unauthorized use outside the agreed period and ensuring both parties understand their rights and obligations regarding timing.
Licensed Term. Please see Exhibit A.
Licensed Term. Perpetuity.
Licensed Term. Licensee shall have the non-exclusive Rights Granted in perpetuity.
Licensed Term. Licensee shall have the non-exclusive right to use the Licensed Material for a Licensed Use in perpetuity.
Licensed Term. Licensee shall have the non-exclusive right to manufacture and sell records, tapes and compact discs derived from the Licensed Master in perpetuity.
(a) Licensee agrees to pay Owners a Record Royalty of percent ( %) of the retail list price ("Owners Basic Rate") of all Records SOLD and NOT RETURNED, after all Licensee recoups from the sale of all Records all advance payments paid to Owner, and Owner's proportional share of recording costs, artwork charges, and promotional costs.
(b) The specified percent royalty rate for a given Record embodying the Licensed Master shall be equal to a fraction of Owner's Basic Rate, the numerator of which is the total number of times the License master is embodied on the Compilation Album and the denominator of which is the total number of master recordings (including the Licensed Master) embodied on the New Record.
Licensed Term. Licensee shall have the non-exclusive right to manufacture compact discs derived from the Licensed Master for a period of One (1) Year from the date of this Agreement.
Licensed Term. Licensee shall have the non-exclusive right to manufacture and sell records, tapes and compact discs derived from the Licensed Master in perpetuity.
Licensed Term. Licensee shall have the non-exclusive right to manufacture and distribute compilation albums derived from the Licensed Master and sell records, tapes and compact discs derived from the Licensed Master in perpetuity.
Licensed Term. The term of the License commences on the date of execution of this Agreement and expires eight (8) years from the date hereof; provided, however, that this Agreement shall automatically terminate immediately upon any termination of the Administrative Services Agreement dated as of the same date hereof between DCA, Licensee and certain other parties.
Licensed Term. The License under this Agreement shall remain in -------------- effect for a period of three (3) years from the effective date of this Agreement, unless it is terminated earlier in accordance with the provisions and terms contained herein.