ANTISHELVING CLAUSE antishelving clause

Patents. A provision in a patent-licensing contract, usu. one in which payment is based on royalties, requiring 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.

• The licensee generally agrees to commercially exploit the patent or else risk losing the license or exclusivity. Antishelving clauses are also used in trademark licenses.

— Also termed antishelving provision; shelving clause; shelving provision. [Cases: Patents 211(1). C.J.S. Patents § 348.]


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双语律师Julie,国际知名法学院法律专业,擅长翻译各类与证券监管、合规与执法相关的法律文件。
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