Document background
The Loan License Agreement is specifically designed for situations where a party seeks both to license intellectual property or technology and obtain financing for its implementation or use. This dual-purpose agreement, governed by German law, is particularly valuable when companies need to acquire technology rights while securing the necessary funding through a single transaction. The document includes comprehensive provisions covering both the licensing aspects (such as scope of use, intellectual property rights, and technical specifications) and the loan elements (including repayment terms, interest rates, and security arrangements). It's commonly used in technology implementations, software deployments, or industrial equipment acquisitions where the licensee requires financing to access the technology. The agreement ensures compliance with German legal requirements, including the BGB, commercial law, and intellectual property regulations.
