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Licensee

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Definitions Edit

Export control law Edit

A licensee is "[t]he person to whom a license has been issued by BIS."[1]

General Edit

A licensee is one who is entitled by a license agreement to acquire or exercise certain rights in or to some property (usually intellectual property) owned or controlled by a licensor. A licensee obtains no ownership rights in the property that he or she receives under the contract.

References Edit

  1. U.S. Export Administration Regulations, Part 772 (15 C.F.R. §772.1).

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