Worldwide License Agreement Meaning

The less common definitions of “unrestricted or provincial” and “universal” correspond to the common understanding of the term “global” as used in licensing agreements. If the court adopted one of these definitions, the satellite operator would probably have been able to defend its use of the software in terrestrial circulation. However, the software company would certainly push the court to adopt one of the most common and restrictive definitions. Unless previously reported, as envisaged below, the validity of the global global licence expires on the 20th anniversary of the date of this letter contract. The benefits of licensing can be viewed from two angles: licensees and licensees. Licensing agreements are often used for the commercialization of technologies. Of course, the introduction of an atmospheric standard such as the Kermén line would result in an adverse result for the satellite operator. To counter this, the satellite operator could argue that the use of an atmospheric standard is not the only option to determine when something has left the “world”, even under a restrictive definition of “global”. A satellite in Earth orbit, even if it is above the atmosphere, still “includes” the whole world, because it remains gripped by the earth`s gravity. According to this broad interpretation of Webster`s definition of “global” (“involving the whole world”), a spacecraft would not exceed the scope of a global license until it had left the attraction of Earth`s gravity; A satellite orbiting the Earth would therefore always correspond to a worldwide licensing agreement. A licensing agreement is a legal contract between two parties, the licensee and the licensee. In a typical licensing agreement, the donor grants the purchaser the right to manufacture and sell products, apply a brand name or trademark, or use the licensee`s patented technology. In return, the taker generally submits to a number of conditions relating to the use of the licensee`s property and undertakes to publicize the payments in the form of royalties.

Outside of Hollywood, most license lawyers probably wouldn`t spend much time thinking about the geographic scope of global intellectual property licenses. However, my own experience suggests that for those of us in the space industry, it is worth spending a few moments thinking about how a court might interpret this term in the space context. Imagine the case of a satellite operator installing a standard software product on his satellite. The Click-Through license agreement included in the software gives the user a worldwide license to install and use the program for general commercial purposes. Like most of us” “accepts” the technician who installs the software, the terms of the license agreement click-through, without reading them accurately. Once the satellite is put into orbit, the company that produced the software sues the satellite operator for violating the geographic scope of the license agreement and requires additional payments to cover the use of the software in space.