Financing arrangements: Effect on licensor's rights

  1. Law
  2. Maryland Code
  3. Commercial Law
  4. Maryland Uniform Computer Information Transactions Act
  5. Transfer of Interests and Rights; Ownership and Transfers; Financing Arrangements
  6. Financing Arrangements.
  7. Financing arrangements: Effect on licensor's rights

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    (a)    The creation of a financier’s interest does not place any obligations on or alter the rights of a licensor.

    (b)    A financier’s interest does not attach to any intellectual property rights of the licensor unless the licensor expressly consents to such attachment in a license or another record.


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