Define: Letter of Assurance
Letter of Assurance means a documented commitment, including attachments, stating a party's intent on ownership, enforcement, or licensing of specific claims.
Letter of Assurance means a documented commitment, including attachments, stating a party's intent on ownership, enforcement, or licensing of specific claims.
Relevant Circumstances
- When one party wants to ensure the authenticity of claimed ownership and licensing.
- When there's a need to enforce specified claims.