Document background
The Limited Use Agreement serves as a crucial legal instrument in the Philippine business environment, particularly valuable in scenarios where controlled access to proprietary assets, software, content, or services is essential. This document type is commonly employed when a party wishes to grant specific, limited rights while retaining overall ownership and control of the asset. Operating under Philippine jurisdiction, it incorporates provisions that comply with local legislation, including the Civil Code of the Philippines, the Intellectual Property Code, and the E-Commerce Act. The agreement typically addresses key aspects such as scope of use, restrictions, duration, payment terms, and termination conditions, while also considering data privacy requirements under the Data Privacy Act of 2012 when applicable. Limited Use Agreements are particularly relevant in today's digital economy, where licensing and restricted access models have become increasingly common across various industries.
