Define: Non-Exclusive
Non-Exclusive means permissions or rights granted are not restricted to a sole entity and can be utilized or assigned to others.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Non-Exclusive means permissions or rights granted are not restricted to a sole entity and can be utilized or assigned to others.
Relevant Circumstances
- When a licence permits the licensor to grant the same rights to others
- If a distributor or agent has no exclusivity in their territory
- Where commercial protection must instead come from minimum commitments