A license agreement is a written agreement between two parties in which one owner allows another party to use that property under a certain set of parameters. A license agreement or license agreement typically includes a licensor and a licensee. Britannica.com: Encyclopedia articles about the agreement, when people are together, get together, etc., they work together and don`t face each other Finally, he and his commissioners have reversed or reversed dozens of other environmental rules, practices and agreements over the past four years. Middle English Agreement, borrowed from the Anglo-French Agreement, approval, of the “to please, consent, agree” agreement + -ment -ment This decision went hand in hand with an agreement between parties to offer all registered voters the opportunity to vote by mail or to vote earlier, according to the Louisville Courier Journal. These sample sentences are automatically selected from various online information sources to reflect the current use of the word “agreement”. The opinions expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us your feedback. For obvious reasons, the conclusion of such an agreement would have required the presence and signature of both candidates. An example of a restaurant license agreement would be if a McDonald`s franchisee has a licensing agreement with McDonald`s Corporation that allows them to use the company`s branding and marketing materials.
And toy manufacturers regularly sign licensing agreements with movie studios, giving them legal authority to produce figurines based on the popular similarities of movie characters. The bargaining power of both parties to a licensing agreement often depends on the type of product. For example, a film studio that licenses the likeness of a popular superhero to an action figure creator could have significant bargaining power in this negotiation, as the manufacturer is likely to benefit enormously from such an agreement. The film studio therefore has the leverage to take its business elsewhere if the manufacturer is cold on its feet. Such an agreement currently exists for pandemic influenza, Phelan notes, but not for any other type of disease or vaccine. Ronald Reagan approved the deal and the USTR reviewed Korean practices until the end of his term. In November 2014, this agreement was extended by four months, with some additional restrictions for Iran. whether or not in accordance with a fact, rule or principle, examples of licensing can be found in many different industries. An example of a license agreement is an agreement between software copyright holders and a company that allows them to use the computer software for their day-to-day business operations. Licensing agreements are often used for the commercialization of technologies. When an idea resonates in a group or country, the people in it informally agree with it or can easily collaborate on licensing agreements that describe the terms under which one party may use another party`s property.
While the properties in question may include a variety of elements, including real estate and personal effects, licensing agreements are most often used for intellectual property such as patents and trademarks, as well as copyrights for written materials and visual arts. Note: Under customary law, the agreement is a necessary element of a valid contract. In accordance with Article 1-201(3) of the Unified Commercial Code, the agreement is the agreement of the parties expressly represented by their language or implicitly by other circumstances (in the context of business). “I thought we had already reached an agreement,” Simpson said with some warmth. The good news is that California struck a deal with the U.S. Forest Service in August to scale up those efforts, with the goal of treating one million acres a year over the next two decades. By agreement all parties met in the Indian Spring in early February 1825 to consider a second treaty. In addition to providing a detailed description of all parties involved, licensing agreements detail how parties are allowed to use real estate, including the following parameters: Those entering into a licensing agreement should consult with a lawyer as there are complexities that are difficult to understand for those who do not have a thorough understanding of intellectual property law. “The CIA has since disbursed more than $1 million as part of the deal,” the report said. I agree with a lot of things. I heard Nancy Pelosi say she didn`t want to leave until we had a deal.
The deal has three main points, all of which Iran has fulfilled, according to the IAEA. A requirement for parts of a sentence in standard English; the pieces must correspond to e.B. in number and in person. The action you were trying to take required permissions that your account doesn`t have. Try to log in as a different user. When people are united, they have the same goals or beliefs The deal can make its own fortune and doesn`t have to wait to become gifted. Article 10 reserves the rights of Poland and declares that this Agreement does not apply to Poland. If the problem persists, please visit our Help Center and let us know. The subject and verb of a sentence or simple sentence must correspond personally, as in “It`s a boy”. The subject, he and the verb, are both in the third person.
The subject and verb must also correspond in number, as in “We are girls”. The subject, us and the verb, are both plural. Nouns and pronouns should also match in number, person, and gender, as in “Every boy must pay attention to his manners.” The noun Garçon and the pronoun his are both singular, both in the third person, and both masculine. If people agree, they all agree on what to do We have temporarily blocked your IP address from accessing Vocabulary.com because we have detected behavior that violates our Terms of Service. If you think we have blocked you by mistake, please email us at firstname.lastname@example.org and let us know. Be sure to provide your current IP address, which you can obtain by clicking here. to think in the same way or to have the same opinion as someone else. .