Royalty Agreement - FOLIO Ontology

Identification

IRI:

https://folio.openlegalstandard.org/R8zFMn1zrVHs3LogvTb1QVD

Label Royalty Agreement

Preferred Label Royalty Purchase Agreement

Identifier N/A

Alternative Labels

None

Definition

A Royalty Agreement is a contract between two parties where one party agrees to pay the other for the use of intellectual property or physical assets. The payment, often a percentage of revenues from using the asset, is termed as royalty.

Class Relationships

Sub Class Of

• Intellectual Property Agreement

Is Defined By

N/A

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

None

Description

None

Notes

• None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available