Revocable Land Use License: A licence allows the non-exclusive use of surface surface areas and is revocable for no reason and the infrastructure is temporary. We hope that this practice note will help you understand the possible consequences if you include (or do not include) explicit provisions in your licenses regarding retraction and terminability (and the interaction between the two concepts) and how best to use these terms to achieve the desired results. Most courts are able to revoke simple, non-exclusive licences with an unspecified duration that are not revocable as they see fit. This means that the licensee can terminate the license at any time, with or without reason. Conversely, courts are generally so that simple, non-exclusive licences, which are not revocable but indicate a fixed term, are not terminated for the specified period of time. However, the results may vary depending on contract law and federal principles. We find that many people are not aware of these standard rules. Due to the lack of absolute clarity about the standard rules themselves and the impact that other provisions of a licensing agreement may have on their application, we believe it is important not to remain silent about retraction in a licence. Intellectual property licenses generally contain a long list of adjectives, some of which, in our experience, are often misunderstood.
„Revocable“ and „irrevocable“ are two examples. Licensed parties often contain or save these words, without understanding the impact this can have on the license and on the overall contract. As the law is a little murky on this issue, we propose this practice note to explain and make some recommendations on the use of these terms. Revocable Licensing Agreement with Jamestown OTS, L.P. for space at Times Square Station Complex, New York, N.Y. Intellectual property licensing agreements are rarely single-sentence licensing agreements and, therefore, the term „irrevocable“ or „revocable“ must be interpreted in the overall context of the contract in which the licence is granted. The general rules for the interpretation of the contract and other contractual conditions, including explicit conditions relating to termination, remedies and the survival of termination, affect whether, in all situations, the granting of a licence is not terminated, terminated or granted at will in certain situations. For example, if such decisions are made for a particular licensing agreement, the terms „revocable“ and „irrevocable“ have the meaning you expect. A „revocable“ license may be terminated by the licensee at any time during the term of the licence agreement, with or without reason. On the other hand, an „irrevocable“ licence cannot be terminated, although there are some differences in authority as to whether, for some reason or reason, the licence cannot be terminated, but can nevertheless be terminated because of a violation.
Despite the fairly clear importance of these conditions, the interpretation of a licence, including any of these conditions, depends on how the concept is pooled with the other provisions of the contract in question, including termination clauses. Given the laws that are not always clear and the impact of different parts of a licensing agreement on the interpretation of standardization, we propose some good practices: a meeting with engineering staff should be scheduled to coordinate the processing time for compulsory licenses (normally it takes 4 to 6 months). Before the presentation of the administrative audit (i.e.: