Tarrant Texas Seismic Data License Agreement - Form A
Description
How to fill out Seismic Data License Agreement - Form A?
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FAQ
The Seismic License provides Buyers with a 25-year license to certain proprietary geological and geophysical information held by APC permitting the Buyers to access and use such seismic data in connection with their ownership and operation of the Comanche Assets.
A licensing agreement can be a profitable option for solo entrepreneurs, inventors and many business owners. Licensing is essentially an agreement between you (the licensor) and another party (the licensee) to take your product to market. In return, you receive either a lump sum or royalty payments for each item sold.
A data license is a legal document that specifies the standard set of terms and conditions regarding sharing and re-use of your data.
An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
Data license agreements (DLA), or data use agreements (DUA) are documents that describe what kind of data is being shared with recipients. A DLA clearly states the purpose and duration of access being provided to the recipient, along with restrictions and security protocols that the recipient of the data must follow.
Generally, there are three types of licensing agreements: exclusive, sole, or non-exclusive. In an exclusive license, the licensee is only the party that can use the licensed intellectual property.
