A licensor is any person or organization that grants legal permission to another person or organization (the licensee) to engage in an activity. In intellectual property law, for example, a licensor may grant limited rights or permissions to use a patent, trademark, or other intellectual property to make, do and/or sell something.
This sort of licence might be used where a Sponsor and University have reached an agreement under Lambert Model Agreement 2 where the Sponsor should be granted an exclusive licence to use identified IP in the results of research collaboration.
This sort of licence might be used where a Sponsor and University have reached an agreement under Lambert Model Agreement 2 where the Sponsor should be granted an exclusive licence to use identified IP in the results of research collaboration.
