IP Licensing · glossary

Grant

The clause of a licence that gives the permission. It answers four questions: what may be used, on which products, where and for how long. Clause 2 makes three grants, for the brand, the know-how and KelderPlan, and clause 2.5 keeps everything else with the owner. Licence 2.1 · Chapter 2 · see Licensed Products, Territory

Explained in Chapter 2, The Grant: What, Where, How Long, of IP Licensing.

How it comes up, in Chapter 2
The clause of a licence that gives the permission is called the grant. A grant answers four questions: what may be used, on which products, where, and for how long. Clause 2 makes three grants, one each for the brand, the know-how and KelderPlan. Each gives different answers, because each has a different job while the factory moves away from its old group.
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Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open IP Licensing → · All terms A–Z →