licensee in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
A licensee is an individual or entity that has been granted permission to use a specific asset, such as a trademark or intellectual property, under the terms of a licensing agreement.
Sample Sentences
- The licensee must adhere to all regulations set forth in the agreement.
- As a licensee, she is granted permission to use the trademark in her marketing materials.
- The company revoked the license of the previous licensee due to multiple violations.
- Each licensee is responsible for ensuring that their products meet safety standards.
- The software license agreement clearly outlines the rights and obligations of the licensee.