IP Licensing · glossary
A licence that keeps everyone else out of its scope, the owner included (section 29(1) of the Trade Marks Act 1994). Under clause 2.4, only the Sheffield company may use the marks on these pumps in the UK and Ireland during the Term. Not even Kelderwick IP may. Licence 2.4 · Chapter 2 · see Non-exclusive licence
Explained in Chapter 2, The Grant: What, Where, How Long, of IP Licensing.
An exclusive licence keeps everyone else out, the owner included. Section 29(1) of the Trade Marks Act 1994 defines it that way: only the licensee may use the mark in the way the licence allows. A non-exclusive licence leaves the owner free to use the same rights and to license them to others.Read Chapter 2, The Grant: What, Where, How Long →
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