Document background
The Revocable License Agreement is essential in situations where temporary or conditional access to intellectual property, technology, or other proprietary assets needs to be granted while maintaining significant control over the licensed material. This document type is particularly relevant in the Canadian legal context, where it must comply with federal intellectual property laws and provincial contract laws. It is commonly used when the licensor wants to retain the ability to terminate the license quickly if certain conditions are not met or circumstances change. The agreement typically includes detailed terms about the scope of the license, usage restrictions, grounds for revocation, and the process for termination. This type of agreement is particularly useful for trial periods, temporary authorizations, or situations where ongoing compliance monitoring is necessary.
