The following IP precedent provides comprehensive and up to date legal information covering:
This Agreement is made on [insert date]
[insert licensor name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (Licensor); and
[insert licensee name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (Licensee),
each of the Licensor and the Licensee being a party and together the Licensor and the Licensee are the parties.
The Licensor is the [author and] [exclusive] proprietor of certain rights in works protected by copyright.
The Licensee is [insert description of Licensee’s background/the background to the licence or relevant transaction].
The Licensor has agreed to grant a licence to the Licensee and the Licensee has agreed to take a licence on the terms of this Agreement.
The parties agree:
Definitions and interpretation
In this Agreement:
means any entity that directly or indirectly Controls, is controlled by or is under common Control with, another entity;
means information disclosed by or on behalf of a party (the Disclosing Party) to the other party (the Receiving Party) under or in connection with this Agreement which is marked as confidential, or which the Disclosing Party has indicated to the Receiving Party is confidential, or which would be regarded as confidential by a
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Disposal and devolutionThe equity of redemption arises as soon as the mortgage is made. It is an interest in the land which the mortgagor can:•transfer, lease or mortgage inter vivos, or•by will (it passes on intestacy)No cloggingIt is a fundamental principle of a mortgage that there must be no clog
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