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Label License
1. Parties: Identification of the licensor (record label) and licensee, including full legal names and addresses
2. Background: Context of the agreement, including brief description of the parties' business and purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of Rights: Scope of the license, including specific rights granted and any restrictions
5. Territory: Geographic regions where the license applies
6. Term: Duration of the agreement, including start date and any renewal provisions
7. Financial Terms: Royalty rates, advances, payment terms, and accounting provisions
8. Delivery and Technical Requirements: Specifications for delivery of recordings and associated materials
9. Marketing and Promotion: Obligations regarding marketing, promotion, and advertising of the licensed material
10. Intellectual Property: Protection of IP rights, warranties, and representations regarding ownership
11. Reporting and Auditing: Requirements for sales reporting, accounting, and audit rights
12. Confidentiality: Provisions protecting confidential information of both parties
13. Termination: Grounds for termination and consequences of termination
14. General Provisions: Standard legal provisions including governing law, jurisdiction, and notices
1. Digital Distribution: Specific provisions for digital platforms and streaming services, required if digital distribution is part of the license
2. Sub-licensing: Terms for sub-licensing rights, needed if licensee is permitted to sub-license
3. Minimum Performance Requirements: Specific sales or revenue targets, included when performance benchmarks are required
4. Artist Approval Rights: Provisions regarding artist approval of usage, needed when required by artist agreements
5. Synchronization Rights: Terms for sync licensing, included if sync rights are part of the deal
6. Manufacturing and Distribution: Physical product requirements, needed if physical formats are included
7. Territory-Specific Requirements: Special provisions for specific territories, needed for multi-territory deals
8. Data Protection: GDPR and data protection provisions, required if personal data processing is involved
1. Schedule 1 - Licensed Recordings: Complete list of recordings covered by the license
2. Schedule 2 - Royalty Rates: Detailed breakdown of royalty rates for different formats and territories
3. Schedule 3 - Technical Specifications: Detailed technical requirements for recordings and artwork
4. Schedule 4 - Approved Digital Platforms: List of approved digital service providers and platforms
5. Schedule 5 - Marketing Commitments: Detailed marketing and promotion requirements
6. Schedule 6 - Reporting Templates: Templates for sales and royalty reporting
7. Appendix A - Label Style Guide: Guidelines for use of label branding and logos
8. Appendix B - Artist Restrictions: Any specific restrictions or requirements from artist agreements
Authors
Advance
Accounting Period
Approved Digital Service Provider
Artwork
Associated Materials
Authorized Distribution Channels
Collective Management Organization
Commencement Date
Confidential Information
Content Protection Measures
Contract Period
Copyright
Digital Distribution
Digital Download
Effective Date
Force Majeure
Gross Receipts
Initial Period
Intellectual Property Rights
Label
Licensed Material
Licensed Rights
Licensed Recordings
Marketing Materials
Master Recording
Metadata
Minimum Guarantee
Net Receipts
Option Period
Permitted Use
Physical Product
Publishing Rights
Related Rights
Reporting Period
Royalty Rate
Sound Recording
Streaming
Sub-License
Technical Specifications
Territory
Term
Third Party Platform
Trade Marks
User Generated Content
Video Recording
Territory and Term
Royalties
Payment Terms
Delivery
Technical Requirements
Distribution Rights
Marketing and Promotion
Intellectual Property
Quality Control
Sub-Licensing
Reporting
Audit Rights
Warranties and Representations
Indemnification
Confidentiality
Data Protection
Force Majeure
Assignment
Termination
Post-Termination Rights
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Waiver
Amendment
Third Party Rights
Anti-Corruption
Competition Law Compliance
Tax
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