Trade Mark Licence For Asset Purchases
Publisher one
ƵSource file
Jurisdiction
England and WalesCost
Free to useContract party
Relevant sectors
Type of legal document
🧑⚖️ Trade mark licenseBusiness activity
License a trade markA trade mark license is an agreement between the owner of a trade mark and another party, authorizing the use of the trade mark in relation to certain goods and services. The license may be exclusive or non-exclusive, and may be subject to conditions and limitations.
The main purpose of this template is to grant the licensee the right to use the trademark owned by the licensor in connection with a particular asset purchase transaction. The template outlines the terms and conditions governing the use of the trademark, including the scope of usage, quality control measures, and any restrictions or limitations.
By using this template, both parties can protect their rights and ensure that the licensed trademark is used in a manner that upholds its integrity and reputation. It provides clarity on the responsibilities and obligations of both the licensor and the licensee and helps avoid potential disputes or violations that may arise during or after the asset purchase.
This trade mark license template also covers important aspects such as duration of the license, payment terms, termination conditions, indemnification provisions, and dispute resolution mechanisms. It adheres to the specific requirements and regulations outlined in UK law, ensuring compliance with statutory procedures and guidelines.
Overall, this legal template serves as a comprehensive agreement that facilitates the granting of a trade mark license for asset purchases in the UK, protecting the interests of both the licensor and licensee and promoting a secure and transparent business transaction.
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