grant of rights

grant of rights

noun authorization, bestowal of authority, ceding of authority, conveyance of authority, conveyance of rights, grant of authority, transfer of rights
References in periodicals archive ?
NYSE:MRK) which includes the grant of rights to Merck to develop anti-cancer therapies that target telomerase utilizing Merck's vaccine platforms.
The grant of rights to market Polar Molecular's products in the secondary markets under the Agreement with PowerRight is an authorized exception to the worldwide Master Distribution Agreement concluded with Lockhart Chemical Company on August 21, 2003, which agreement grants Lockhart rights to market Polar Molecular's products in the secondary market worldwide.
Judge Stein's findings confirm that the e-book is separate and distinct from a traditional print-and-paper book and deserving of a separate grant of rights to be negotiated by authors or agents with each publisher.
Under the terms of the license, PTI is required to pay to the licensor or its nominee a 40% gross profits royalty (less those expenses agreed to by the parties) for each technology license sold, per unit of royalty received, or on any other revenues to PTI which are related to the grant of rights to the use of the MAGRAM(TM).