Define: Duly Licensed
Duly Licensed means holding a valid license as required by [governing law].
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Duly Licensed means holding a valid license as required by [governing law].
Relevant Circumstances
- When hiring professional services or experts.
- When engaging vendors to provide products or services.
- When granting or receiving a license for software, technology, or IP.
- When hiring freelancers in licensed professions.