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nonexclusive license

 

Definitions from the Web

Nonexclusive License

A nonexclusive license is a legal agreement granting permission or rights to use a particular intellectual property, such as copyrighted material or patented technology. The license allows multiple individuals or entities to use the intellectual property, while the licensor retains the right to also grant the same permission to others.

Senses:
  1. Legal: A license that allows more than one person or entity to use a particular intellectual property.
Sample Sentences:
  • John obtained a nonexclusive license to use the company's software for his personal project.
  • The artist signed a nonexclusive license agreement with a publishing company, allowing them to use her artwork in various products.
  • The nonexclusive license granted to the software developers enabled them to utilize certain functionalities in their applications.
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