Lisensor Obligations Sample Clauses

The 'Licensor Obligations' clause defines the specific duties and responsibilities that the licensor must fulfill under the agreement. Typically, this includes providing the licensed material or intellectual property in a timely manner, ensuring that the material is free from third-party claims, and offering support or updates as agreed. For example, a software licensor may be required to deliver the latest version of the software and provide technical assistance. The core function of this clause is to clearly outline what is expected from the licensor, thereby ensuring accountability and reducing the risk of disputes over performance.