FRAND licensing definition
Examples of FRAND licensing in a sentence
As we have no intention to do so and plan to continue to honor our FRAND undertakings in the future, we are prepared to voluntarily reaffirm Nokia’s continuing commitment to FRAND licensing principles.
Patentees, often repeat players in FRAND licensing disputes, can accumulate information regarding the value of their SEPs from recurring negotiation of license terms.
Third Parties shall be considered third party beneficiaries of the Contract Section, immediately above, entitled "FRAND," with the right to enforce such obligations directly against the Contractor, if the Contractor declines to offer such Third Party the specified FRAND licensing terms.
Section 5 then offers 20 six Core Principles for FRAND licensing, from which the practices addressed above naturally flow, 21 and identifies relevant authorities and other materials demonstrating those Core Principles.
In order to fill the lacunae, the scope of both the Competition Act of 2002 and the Indian Patents Act of 1970 should be extended to include royalty rates, FRAND terms, FRAND licensing, AI algorithms and related matters under the purview of the respective Acts.
The context for this Section is a bi-lateral negotiation for a SEP 18 license for a standardized technology that is subject to a FRAND licensing obligation, and where that 19 FRAND licensing obligation is not subject to a royalty-free limitation.
Upon information and belief, certain Defendants are directly obligated 6 to license their SEPs on FRAND terms and conditions by virtue of the declarations 8 certain defendants are either successors-in-interest to or otherwise the authorized 9 licensing agents for certain alleged SEPs that were originally declared to be essential 10 to standards by other SEP holders who gave irrevocable FRAND licensing 11 commitments and are obligated to license any SEPs they own or control on FRAND 12 terms and conditions.
Nevertheless, in the legal 19 authorities evaluating FRAND licensing terms, the following methodological approaches have 20 been utilized and supported.
The 10th edition is completely updated with the latest developments in licensing law and patent filing rules, and covers industry-standard Fair, Reasonable, and Nondiscriminatory (FRAND) licensing terms.
Use-case based licensing of SEPs is generally inconsistent 4 with such FRAND licensing principles.