IP Licensing · glossary

Licence back

A licence from the licensee to the licensor to use what the licensee has made. Under clause 6.3 Kelderwick IP and its group may use each Improvement worldwide, for ever and free. It is non-exclusive, so the Sheffield company can still use the change and license it to others. Licence 6.3 · Chapter 6 · see Improvement

Explained in Chapter 6, Improvements, of IP Licensing.

How it comes up, in Chapter 6
In return, Kelderwick IP gets a licence back: a licence to use what the licensee has made. Clause 6.3 sets its terms…
Read Chapter 6, Improvements →

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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 →