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LSDefine

Simple English definitions for legal terms

shelving

Read a random definition: disinterested witness

A quick definition of shelving:

Shelving is when someone has a patent for an invention, but they don't use it or sell it for a certain amount of time. This can be a problem for the person who owns the patent because they might not make any money from it. To prevent this from happening, they can put an antishelving clause in the contract. This means that the person who has the patent has to use it or sell it within a certain amount of time or they might lose the right to use it. This can also apply to trademarks.

A more thorough explanation:

Definition: Shelving refers to the failure to begin or the stopping of commercial use of a patent during a specified period, usually the term of the license. It is a problem that usually applies to patented inventions, but licenses for trademarked products may also address shelving. An antishelving clause is a provision in a patent-licensing contract that requires the licensee to put the patented article into commercial use within a specified time and to notify the patentee if the licensee decides to stop selling or manufacturing it.

Examples: A company obtains a license to use a patented technology for a new product. The license agreement includes an antishelving clause that requires the company to begin selling the product within six months of receiving the license. If the company fails to do so, the license may be terminated. Another example is a trademark license that includes a shelving provision, which requires the licensee to continue using the trademark in commerce or risk losing the license.

Explanation: The examples illustrate how shelving and antishelving clauses work in patent and trademark licensing agreements. The purpose of these provisions is to ensure that the licensed product is put into commercial use and not left unused or abandoned. By requiring the licensee to begin selling the product within a specified time, the patentee or trademark owner can protect their intellectual property rights and prevent the licensee from monopolizing the technology or trademark without actually using it in commerce.

shelter hearing | shelving clause

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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