The
licensor granted exclusive rights to the software to the licensee.
译文：许可方将该软件的独家权利授予了被许可方。
The
licensor reserves the right to terminate the license agreement under certain circumstances.
译文：许可方有权在特定情况下终止许可协议。
The licensee is prohibited from sublicensing the technology without explicit permission from the
licensor.
译文：未经许可方明确许可，被许可方不得转授技术。
The
licensor holds the copyright for all intellectual property in the product.
译文：许可方拥有该产品中所有知识产权的版权。
The licensing agreement outlines the terms and conditions for using the patented invention.
译文：许可协议详细规定了使用专利发明的条款和条件。
The
licensor has the right to collect royalties on any commercial use of the licensed content.
译文：许可方有权对任何商业使用许可内容收取版税。
The license was granted on a non-exclusive, non-transferable basis.
译文：许可是在非独家、不可转让的基础上授予的。
The licensee must comply with all applicable laws and regulations when exercising their rights under the license.
译文：被许可人在行使许可权时必须遵守所有适用的法律和法规。
The
licensor has the option to renew the license at the end of its term.
译文：许可方有权在许可期满后续签许可。
The license agreement includes provisions for resolving disputes between the parties.
译文：许可协议包含解决双方争议的规定。
The Walt Disney Co, the world's largest licensor by retail sales, is rolling out a new cross-border strategy to facilitate brands in China to better land their Disney licensed products abroad, amid its continuous efforts to boost its franchised products to attract more young and family consumers.
全球零售额最大的许可方华特迪士尼公司（Walt Disney Co）正在推出一项新的跨境战略，以促进中国品牌更好地将其迪士尼许可产品带到国外，同时不断努力推广其特许产品，以吸引更多年轻人和家庭消费者。
Second, the assertion that the royalty discount violates China's WTO MFN commitment is totally absurd in that the royalty discount is not about paying a foreign licensor less compared to a domestic licensor, nor about a lesser amount to be paid by a domestic licensee compared to a foreign licensee.
In fact, this ruling of differentiated royalty rates could also equally apply to, say Huawei as a licensor, collecting royalties here in China and, say, Apple as a licensee, that stands to pay royalties here in China.
Royalties are usually collected in a country for the simple fact that a licensor has registered patents in that country.
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