Simple definition
A license intended to continue indefinitely subject to its terms.
A license intended to continue indefinitely subject to its terms.
A contract may use “perpetual license” when describing a license intended to continue indefinitely subject to its terms.
A license intended to continue indefinitely subject to its terms.
This language allocates ownership, licensing, permitted use, or restrictions around inventions, software, content, know-how, and work product.
It can determine who owns project outputs and what rights each party keeps or receives after the relationship ends. Review the exact language rather than relying on the label alone.
A license intended to continue indefinitely subject to its terms.
This language allocates ownership, licensing, permitted use, or restrictions around inventions, software, content, know-how, and work product.
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.