Party Licensors Sample Clauses

The 'Party Licensors' clause defines which parties in an agreement are granting licenses to certain intellectual property or rights. Typically, this clause identifies the specific entities or individuals who hold the rights and are authorized to permit their use, often detailing the scope and limitations of the licenses provided. By clearly designating the licensors, this clause ensures that all parties understand who is responsible for granting rights, thereby preventing disputes over ownership or authorization.