"Licensor" Example Sentences
1. The licensor granted the licensee the right to use their patented technology.
2. The licensor has the authority to terminate the agreement if the licensee fails to comply with the terms.
3. The licensor is responsible for ensuring that their intellectual property remains protected.
4. The licensor and the licensee had a disagreement over the terms of the contract.
5. The licensor was pleased with the licensee's progress in developing the product.
6. The licensor will receive a percentage of the profits generated by the licensee's use of their trademark.
7. The licensor provided the licensee with detailed instructions on how to use their software.
8. The licensor was impressed by the licensee's knowledge of the industry.
9. The licensor is considering granting exclusive rights to the licensee.
10. The licensor has the right to audit the licensee's books to ensure compliance with the contract.
11. The licensor reserves the right to modify the agreement at any time.
12. The licensor may grant sublicenses to the licensee's affiliates.
13. The licensee must acknowledge the licensor's ownership of the intellectual property.
14. The licensor has the right to take legal action if the licensee infringes on their patent.
15. The licensee is responsible for paying the licensor royalties on a regular basis.
16. The licensor's attorneys reviewed and revised the contract before it was signed by the licensee.
17. The licensor's reputation is at stake if the licensee fails to deliver a quality product.
18. The licensee must obtain prior written consent from the licensor before making any modifications to the product.
19. The licensor's trademarks and logos are protected by federal law.
20. The licensee must keep all confidential information obtained from the licensor confidential.
21. The licensor has the right to terminate the agreement if the licensee breaches any of the terms.
22. The licensee's use of the licensor's software is subject to a license agreement.
23. The licensor and the licensee entered into a long-term commercial agreement.
24. The licensee must ensure that their use of the licensor's technology does not violate any third-party rights.
25. The licensor's products are sold under a licensing agreement.
26. The licensee has the option to renew the license at the end of the term.
27. The licensor requires the licensee to provide regular reports on their use of the licensed technology.
28. The licensee must maintain accurate records of all sales and payments made to the licensor.
29. The licensor and the licensee are bound by the terms of the license agreement.
30. The licensee's ability to use the licensor's intellectual property is contingent upon their compliance with the license agreement.
Common Phases
1. The
licensor retains ownership of the intellectual property rights;
2. Upon signing the license agreement, the
licensor grants the licensee permission to use the licensed product;
3. The
licensor may terminate the license agreement if the licensee breaches any of the terms;
4. The
licensor may require the licensee to pay a royalty fee for the use of the licensed product;
5. The
licensor may choose to withhold certain rights from the license agreement.