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Template for Licence Agreement whereby the Licensor grants the Licensee the right to use the licensed product for a specified purpose. This is drafted in favour of the Licensor.
A License Agreement sets out the terms upon which the Licensee obtains the license to use any licensed product from the Licensor. It outlines will the scope of the license, restrictions on use of the license and payment obligations.
The Licensee undertakes that:
(a) it shall use the Licensed Property only in relation to the Purpose specified in Schedule 1.
(b) it shall conform to any statutory or other regulatory requirements in respect of them which may be applicable from time to time within the Territory including without limitation securing all third-party permissions and clearances as may be necessary to enable the Licensee to exercise the rights granted under this agreement;
(c) will not distribute, sell, license or sub-license, let, trade or expose for sale the Licensed Property to a third party.
(d) will not use the Licensed Property in any way that allows a standalone file or content file to be downloaded, extracted, or redistributed by others.
Both the Licensor's and Licensee's information should be provided in this agreement, along with their principal places of business.
The license fee should also be specified and a clear description of the photographs to be licensed by the licensee /photographer.