Key Clauses Summary
Definition of Licensee – Expands “Licensee” to include creators of Works and their affiliates and representatives.
Grant of Rights – Licensor grants irrevocable rights to record and use the Property in any media for any lawful purpose.
Scope of Use and Waiver – Licensor waives all rights in the Recordings and Works, permitting unrestricted worldwide use and modification.
Access to Property – Authorizes Licensee to enter, use, and bring necessary equipment onto the Property for recording.
Ownership – Confirms that Licensee exclusively owns all Recordings and Works with full discretion over their use.
Waiver of Approval – Licensor waives any right to inspect or approve depictions of the Property.
Release of Claims – Licensor releases Licensee and its designees from any claims related to the Property, Recordings, or Works.
Representations and Warranties – Licensor represents ownership or control of rights, legal capacity, and no conflicting obligations.
Binding Effect – States the Release is binding on Licensor’s heirs, successors, and assigns in perpetuity.