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#FABFILTER MB NOT REGESTERING LICENSE#
In consideration for Licensee’s payment of the License Fee, the Producer hereby grants Licensee a limited non-exclusive, nontransferable license and the right to incorporate, include and/or use the Beat in the preparation of one (1) new song or to incorporate the Beat into a new piece of instrumental music created by the Licensee.Term: The Term of this Agreement shall be ten (10) years and this license shall expire on the ten (10) year anniversary of the Effective Date.Licensee will receive the Beat via email, to the email address Licensee provided to Licensor. Licensor shall use commercially reasonable efforts to deliver the Beat to Licensee immediately after payment of the License Fee is made.
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Licensor agrees to deliver the Beat as a high-quality MP3, as such terms are understood in the music industry.The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. License Fee: The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement.This Agreement is issued solely in connection with and for Licensee's use of the Beat pursuant and subject to all terms and conditions set forth herein. This Non-Exclusive Basic License License Agreement (the “Agreement”), having been made on and effective as of Thu, 05:34:47 -0400 (the “Effective Date”) by and between Jonathan Maronnier p/k/a JBiT (the “Producer” or “Licensor”) and Licensee residing at (“You” or “Licensee”), sets forth the terms and conditions of the Licensee’s use, and the rights granted in, the Producer’s instrumental music file entitled Sample Track Title (the “Beat”) in consideration for Licensee’s payment of $ 20 (the “License Fee”), on a so-called “Basic License” basis.