https://www.proz.com/kudoz/english/law%3A-patents-trademarks-copyright/945164-a-running-royalty-based-license-under-the-xxx-patent-rights.html
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a running royalty based license under the XXX patent rights

English translation: licence and running royalty

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:a running royalty based license under the XXX patent rights
Selected answer:licence and running royalty
Entered by: Cristina Pedrazuela

17:49 Feb 17, 2005
English language (monolingual) [PRO]
Law/Patents - Law: Patents, Trademarks, Copyright / pATENT CONTRACT
English term or phrase: a running royalty based license under the XXX patent rights
If A subsequently grants to any manufacturer or seller of LICENSED PRODUCT, a running royalty based license under the XXX PATENT RIGHTS without any consideration but with royalty rates more favorable to that party than those set forth in this Agreement
cristina
licence and running royalty
Explanation:
Licence agreement between two or more parties where the licensor grants the licence/right to the licensee to use its patent or other industrial/intellectual property for the manufacture of certain products for a certain amount of fee or royalty. The "running royalty" is based on net sales for the duration of the licence, as opposed to a fee, which is a negotiated lump sum.
Selected response from:

juvera
Local time: 01:14
Grading comment
Muchísimas gracias!!!1
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +1licence and running royalty
juvera


Discussion entries: 1





  

Answers


4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
a running royalty based license under the xxx patent rights
licence and running royalty


Explanation:
Licence agreement between two or more parties where the licensor grants the licence/right to the licensee to use its patent or other industrial/intellectual property for the manufacture of certain products for a certain amount of fee or royalty. The "running royalty" is based on net sales for the duration of the licence, as opposed to a fee, which is a negotiated lump sum.

juvera
Local time: 01:14
Specializes in field
Native speaker of: Native in HungarianHungarian
PRO pts in category: 4
Grading comment
Muchísimas gracias!!!1

Peer comments on this answer (and responses from the answerer)
agree  Cristina Pedrazuela: Me ha servido mucho.
4 days
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