Each license includes the right to utilize the Item through communication to the public (performance), broadcast, display, distribution, and reproduction, but only as a part of the End Product which you have created with the Item.
For example, if an Item contains a set of icons and you use more than one of these in a single End Product, you need only register the Item once. If you make five End Products using icons from the set then you first need to register the set five times: once for each End Product.