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How is a rights-ready license different than a rights-managed Flexible License Pack (FLP)?

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How is a rights-ready license different than a rights-managed Flexible License Pack (FLP)?

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Rights-ready licenses do not require territory or industry information. All rights-ready licenses are for the duration of the project with a 10-year maximum, except for the Low resolution use category, which has a maximum use term of 3 months.

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