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The Limited Use License Agreement is essential for organizations and individuals seeking to grant or receive restricted rights to use proprietary material while maintaining control over its usage. This document is commonly used in Canada when a licensor wishes to permit a licensee to use intellectual property, software, content, or other proprietary materials under specific conditions and limitations. It's particularly relevant in scenarios where the licensed material requires protection against unauthorized use or distribution. The agreement must comply with Canadian federal laws including the Copyright Act and PIPEDA, as well as applicable provincial legislation. It typically includes detailed terms about usage restrictions, technical requirements, payment structures, and compliance obligations. This type of agreement is crucial for protecting intellectual property rights while enabling controlled commercial exploitation of proprietary assets.
