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LSDefine

Simple English definitions for legal terms

nonmetered license

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A quick definition of nonmetered license:

A nonmetered license is a type of agreement that allows someone to use a patent in exchange for a flat percentage of sales, regardless of how much the patent is actually used. However, this type of license has been rejected by the Supreme Court as patent misuse, as the buyer has the right to insist on paying only for actual use. In simpler terms, a nonmetered license is an agreement to use a patent where the payment is not based on how much the patent is used, but rather a fixed percentage of sales.

A more thorough explanation:

A nonmetered license is a type of patent license agreement where the licensee pays a flat percentage of sales in exchange for the right to use the patent, regardless of how much the patent is actually used. For example, if a company agrees to pay a 5% royalty on sales of a product that uses a patented technology, they would pay that 5% regardless of whether they sell 100 units or 10,000 units.

However, the Supreme Court has rejected nonmetered licenses as patent misuse, stating that the buyer has the right to insist on paying only for actual use. This means that nonmetered licenses are not commonly used in patent agreements.

Example: Company A agrees to pay a 3% royalty on sales of their new product that uses a patented technology. Even if they only sell a few units, they still have to pay the 3% royalty on those sales.

This example illustrates how a nonmetered license works by showing that the licensee pays a flat percentage of sales regardless of how much the patent is actually used.

nonmerchantable title | non molestando

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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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