THIS LICENSE AGREEMENT is entered into on 08 September 2024
Between
(1) PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the Licensor)
(2) PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the Licensee)
Whereas
A. The Licensor owns the intellectual property rights and title in the Licensed Products
B. The Licensee wishes to obtain a license to use the Licensed property.
C. The Licensor has agreed to grant a licence to the Licensee to exploit certain rights in the Licensed property on the terms and conditions set out in this Agreement.
It Is Agreed as follows:
1. Definitions
1.1 In this Agreement unless the context otherwise requires the following expressions shall have the following meanings:
Commencement Date means the date on which this Agreement shall commence as specified in Schedule 1;
Licensed Products means DESCRIPTION
Purpose means the limited purpose set out in Schedule 1, for which the Licensee is authorised to use the Licensed property pursuant to this Agreement;
Schedule means Schedule 1 to this Agreement;
Term means the Term of this Agreement as set out in clauses 10; and
Territory means the territory specified in Schedule 1.
2. Interpretation
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