License Back
Type: noun
Pronunciation: /ly-sense-bak/
Also spelled or known as: License-Back Agreement
Plural: License Back Agreements
Related: Grant of Rights
What does License Back mean? A contractual arrangement in which a rights holder grants rights to another party but receives a license to continue using some or all of those rights.
License-back provisions are commonly found in publishing, recording, software, and intellectual property agreements.
License Back synonyms: License-Back Agreement, Reserved License, Returned License
Example sentence: “The songwriter negotiated a license back to continue performing the composition.”
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