InterDigital Inc (IDCC)

[0nceinalifetime]

I've always believed the MFL (Most Favorable Licensee) clause was a clause that could only be used to reduce royalty obligations of a manufacturer.

For example, say Nokia discovered that NEC was only paying 50% as much as Nokia. Nokia could then use that discovery to make the legitimate case that they too should get the same deal.

However, in this report it appears they are using "MFL" to speak to specific manufactures as these manufacturers will determine Nokia's rate. My impression is the the most favorable licensee will determine the rate, past or future, not one specific company. After all, why use the term "most favorable" if that's not what it means?

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