tying

tying
A term which, as used in a contract of lease of patented machinery means that the lessee has secured only limited rights of use, and that if he exceeds such limited rights by agreeing not to use the machines of others he may lose his lease.
See also tying arrangement
@ tying arrangement
A condition imposed by a seller or lessor that a buyer or lessee may obtain a desired product (the "tying" product) only if it also agrees to take an additional product (the "tied" product), which may or may not be desired. Some tying arrangements violate either No. 3 of the Clayton Act or No. 1 of the Sherman Act.
See also tying
- reciprocal dealing arrangement
- variable proportion tying arrangement.
@ variable proportion tying arrangement
A tying arrangement in which different buyers use different amounts of the tied product in proportion to their use of the tying product. For example, an arrangement in which the lessor of photocopy machines requires all lessees to purchase their photocopying paper from the lessor. Commonly used by lessors as price discrimination devices
See also tying
- tying arrangement
@

Black's law dictionary. . 1990.

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