license

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license,

in public law, permission by legal authority to engage in certain acts and also the document showing such permission. Some licenses are required for the protection of the public; they assure professional competence (e.g., physicians) or moral fitness (e.g., tavern keepers). Others are designed primarily to raise revenue or to keep a registry (e.g., automobile licenses). It is a crime to engage in a licensed activity without having first procured a license. In property law, a license is a right that the owner grants some other party to make use of his land. Such licenses are revocable at will if they are not part of a contract. They are personal and hence may not be sold; they expire on the death of the grantee. A license to cross another's land is an easementeasement,
in law, the right to use the land of another for a specified purpose, as distinguished from the right to possess that land. If the easement benefits the holder personally and is not associated with any land he owns, it is an easement in gross (e.g.
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 in gross. In patentpatent,
in law, governmental grant of some privilege, property, or authority. Today patent refers to the granting to the inventor of a useful product or process the privilege to exclude others from making that invention.
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 law, a license is a written authority granted by the owner of a patent to another person, empowering the latter to make or use the patented article for a limited period or in a limited territory.

License

 

(1) An export or import license is an authorization given by a competent state body to carry out foreign trade transactions. Issuing licenses is one of the forms of state control of trade export and import, as well as of foreign exchange. In the capitalist countries the issuing of licenses is used as a way to limit (or completely prohibit) trade with particular countries or groups of countries, protect domestic industry against foreign competition, control the expenditure of foreign exchange, and supplement budget incomes by imposing license charges for issuing the authorization to export and import. In the developing countries the issuing of licenses is used above all to protect the domestic economy from foreign monopolies.

In the socialist countries the issuing of licenses is one form of implementing the state’s monopolies on foreign trade. Licenses are issued by the ministries in charge of foreign trade (in the USSR, the Ministry of Foreign Trade).

(2) An authorization to use an invention or other technical advance, given on the basis of a license agreement or a legal or administrative decision by a competent governmental body, is also known as a license. Ordinarily licenses are issued for an invention that has been patented or for which a patent application has been made. So-called patentless licenses are issued for achievements (including production secrets) that cannot, according to the law of the particular country, be protected by patent or for inventions for which the application to receive a protective document has not been submitted for some reason. The cost for a patent license is usually higher than for a patentless one.

There are three principal types of licenses: simple, exclusive, and full. With a simple license the licenser (holder of the patent) gives the licensee the right to use the invention within the limits established by the agreement, while retaining the right to use it in the same territory and also to grant it to an unlimited range of persons under the same conditions (the licensee does not have the right to issue sublicenses). Under an exclusive license contract, an exclusive right to use the invention within the limits established by the agreement is granted, with the patent holder renouncing his right to use it independently in this territory or to give it to other people. With a full license the holder gives the licensee the right to use all rights based on the patent during the effective period of the patent (this form of license is used comparatively rarely).

On the basis and in the manner established by law, a court or governmental body may, on application by an interested person, establish a mandatory license; that is, it may authorize the use of a patented invention under conditions determined by the body. Such a license is ordinarily issued where the invention is not being used or is used inadequately (from the viewpoint of state interests).

In addition, a mandatory license may be granted if state defense is involved or in cases where an invention is particularly important for the state but no agreement has been reached with the patent holder on issuing licenses. For example, according to Article 112 of the Basic Principles of Civil Legislation of the USSR, such licenses may be given if the Council of Ministers of the USSR so decides.

IU. I. SVIADOSTS

license

A written document authorizing a person to perform specific acts, such as the construction or alteration of a building, or the installation, alteration, use, and/or operation of service equipment therein.

licence

(US), license
a certificate, tag, document, etc., giving official permission to do something
References in periodicals archive ?
First, he should have secured an exclusive license from Huck.
In addition to the successful acquisition of the Extendryl[R] line of cough and cold products in 2005, Auriga recently acquired the exclusive license to market the popular Levall[R] family of common cold remedy prescription drug products from Athlon Pharmaceuticals.
Additionally, the Company entered into an exclusive license with Kirin.
The renewed terms provide Affitech the worldwide exclusive license until the expiry of the patents in the respective territories, and include the capability of Affitech to sublicense the IP to any company or organization worldwide.
OTCBB:FHHI), a high-growth footwear industry company licensing some of the world's most valuable designer brands, has announced its portfolio of exclusive license agreements has grown to a total of 10 separate brands as a result of the Company's continued aggressive rollup business strategy to generate high-growth and high-margin revenues in the $50 billion footwear industry.
OTCBB:NRPT) ("NorPac") jointly announced today that they have mutually agreed to amend the Exclusive License Agreement dated as of November 30, 2003, whereby Balsam was granted a license to market NorPac's proprietary self-chilling beverage container technology to beverage producers and brand owners in both the European Union Countries (the "EU") and The Peoples Republic of China (the "PRC"), by extending the date on which Balsam is required to begin paying guaranteed minimum monthly royalties from January 15, 2006 to January 15, 2007.
AMEX:IG) announces today that it has extended until December 2015 its exclusive license from Novavax (NVAX) for the use of Novasome(R) lipid vesicle encapsulation technology, micellar nano-particles, and the Ultrasponge(R) Technology.