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The licensee must allow the trademark owner to review their processes. Compensation: This section details the payment arrangement for using the trademark. It may concern a one-time fee, continuing royalties, or a combination. Representations and Warranties: Both parties must provide representations and warranties.
3. Trademark license agreement instructions Introduction of Parties. ... Recitals. ... Section 1: Grant of license. ... Section 2: No assignment or transfer. ... (Optional) Section 3: Territory. ... Section 4: Consideration. ... Section 5: Maintenance of records and audit rights. ... Section 6: Term.
While others prefer to receive a percentage of gross revenue earned by the company that is using their trademark. Depending on the perceived value of your trademark, this licensing fee can range from a few hundred dollars to several thousands.
The Music Master Use License covers the essential contract terms between a Film Producer or Production Company and the copyright owner of the music to use music Masters in a film. This standard Film contract covers: The Start Date of the Agreement. The name of the Film Production.
In order to use that recording, you'll need a master use license. Together, a master use license and a sync license will allow you to add your favorite songs to the films and video games you create. The good news is that you don't have to contact famous celebrities directly in order to obtain these licenses.
The synchronization fees charged by music publishers for major studio films are usually between $15,000 and $60,000 (with the majority ranging from $20,000 to $45,000) but can be lower if the music budget is small or higher if the song is used several times in the motion picture, if the use is under the opening or ...
A music licensing agreement is a legal contract between the owner of the musical composition and a party which wishes to use it. The agreement typically includes provisions specifying what rights are granted, how much money will be paid for these rights, and when the payments will occur.
Master Use License: This is the right to reproduce a specific recording of a song in your film. You clear this right with the record label who owns the specific recording you would like to use; see the liner notes of the recording to find out which company this is.