What Does "In Perpetuity" Mean?
What Does “In Perpetuity” Mean?
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There are certain contract terms that come up regularly in music and entertainment contracts and people often ask me what these common terms mean. One of the most common is the phrase “in perpetuity.” According to Black’s Law Dictionary, the definition of “in perpetuity” is “… that a thing is forever or for all time.”
In practice, the phrase “in perpetuity” usually…
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