Document background
The Commercial Use License serves as a crucial legal instrument in the Philippine business environment, enabling controlled commercialization of intellectual property and proprietary assets. This document type is essential when a rights holder wishes to permit another entity to use their intellectual property for commercial purposes while maintaining ownership and control over the asset. It must comply with the Philippine Intellectual Property Code (Republic Act No. 8293) and related commercial regulations, making it suitable for both domestic and international transactions involving Philippine entities. The license typically includes comprehensive terms covering usage scope, territorial limitations, quality control measures, and payment structures, while incorporating necessary protections under Philippine law. It's particularly relevant for technology transfers, software licensing, brand licensing, and other commercial IP transactions where clear usage parameters and protection mechanisms are crucial.
