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The Portfolio License Agreement is designed for situations where multiple intellectual property assets, products, or services need to be licensed together as a comprehensive package. This agreement type is particularly suitable for businesses operating in Hong Kong seeking to streamline their licensing arrangements by consolidating multiple licenses into a single agreement. It addresses key aspects such as usage rights, territorial restrictions, payment structures, and compliance requirements while adhering to Hong Kong's legal framework, including its intellectual property laws, competition regulations, and contract principles. The agreement is commonly used in technology licensing, content distribution, software licensing, and other scenarios where portfolio-wide licensing is more efficient than individual licenses for each item. It includes provisions for protecting intellectual property rights, ensuring compliance with local regulations, and managing the commercial relationship between the parties.
