Document background
The Limited Use License Agreement is essential for businesses and individuals in India who wish to grant controlled access to their intellectual property while maintaining ownership rights. This document is commonly used when a licensor wants to permit specific, limited use of their proprietary material - such as software, technology, content, or other IP - while imposing clear restrictions on how it can be used, modified, or distributed. Operating under Indian jurisdiction, particularly the Indian Contract Act, 1872, and various IP laws, this agreement type is crucial for protecting intellectual property rights while monetizing them through restricted licensing. It includes detailed terms about usage scope, territorial limitations, payment structures, and compliance requirements, making it suitable for both B2B and B2C scenarios where controlled IP access is necessary.
