Document background
The Limited License Agreement serves as a crucial legal instrument for businesses and individuals operating under Danish jurisdiction who wish to grant or receive restricted rights to use intellectual property, technology, or other protected assets. This document type is particularly relevant when the owner of intellectual property wants to maintain control while allowing others to use their assets under specific conditions. The agreement must comply with Danish legal requirements, including the Danish Contracts Act and Copyright Act, as well as relevant EU regulations. It typically includes detailed provisions on usage rights, restrictions, payment terms, and termination conditions. The Limited License Agreement is commonly used in software licensing, technology transfer, content distribution, and manufacturing scenarios where controlled use of proprietary assets is essential.
