Define: Sublicence

Sublicence
Sublicence
Quick Summary of Sublicence

A sublicence is a form of permission granted by an individual who already possesses the authority to use something, enabling another individual to also utilise it. It can be likened to sharing a toy with a friend, but only with the approval of your parent.

Full Definition Of Sublicence

A sublicence is a licence that allows another party to have some or all of the rights granted under an original licence. For instance, if Company A has a licence to use a specific software, it can give a sublicence to Company B to also use the software. Depending on the terms of the sublicence, Company B will have some or all of the same rights as Company A. Another example is when a university licences its technology to a startup company, which can then sublicence the technology to other companies for a fee. These examples demonstrate how a sublicence enables a party to share or transfer some or all of the rights granted under an original licence to another party.

Sublicence FAQ'S

A sublicense is a legal agreement that allows a third party to use, sell, or distribute a product or service that is already licensed by the original licensee.

No, you cannot sublicense a product or service without obtaining the necessary permission from the original licensee. It is important to review the terms of the original license agreement to determine if sublicensing is allowed.

Sublicensing can provide additional revenue streams for the original licensee, as well as expand the reach and distribution of the licensed product or service.

Yes, a sublicense can be revoked if the original licensee determines that the sublicensee is not complying with the terms of the agreement or if there is a breach of contract.

Yes, it is possible to sublicense a product or service to multiple parties, depending on the terms of the original license agreement. However, it is important to ensure that each sublicensee is aware of their rights and obligations.

The ability to modify the licensed product or service is typically outlined in the original license agreement. It is important to review the terms to determine if any modifications are allowed and if they require additional permissions.

The transferability of a sublicense is typically outlined in the original license agreement. Some agreements may allow for the transfer of sublicenses, while others may require the consent of the original licensee.

If a sublicensee breaches the terms of the sublicense agreement, the original licensee may have the right to terminate the sublicense and seek legal remedies for any damages incurred.

The ability to sue the original licensee will depend on the terms of the sublicense agreement and any applicable laws. It is advisable to consult with a legal professional to understand the specific rights and remedies available.

In some cases, a sublicensee may have the ability to negotiate certain terms of the sublicense agreement with the original licensee. However, the extent of negotiation will depend on the original licensee’s willingness to modify the terms and the importance of the sublicensee to the overall licensing arrangement.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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