Reversion Clause
Type: noun
Pronunciation: /ri-vur-zhun-klawz/
Also spelled or known as: Rights Reversion Clause
Plural: Reversion Clauses
Related: Rights Transfer
What does Reversion Clause mean? A contract clause that returns rights to the original owner under certain conditions.
In music, a Reversion Clause may return publishing, master, or licensing rights after a term expires or obligations are not met.
Reversion Clause synonyms: Rights Reversion Clause, Return of Rights Clause, Reassignment Clause
Example sentence: “The songwriter negotiated a reversion clause in the publishing agreement.”
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