All Countries
Commercial
Commercial Licensing Agreement

Commercial Licensing Agreement Template for Denmark

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Commercial Licensing Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Commercial Licensing Agreement

Celebrated by
Collaborations with
Investors
Document background
The Commercial Licensing Agreement is a crucial legal instrument used in Danish business transactions where one party wishes to grant another the right to use their intellectual property, technology, or commercial assets while retaining ownership. This document is essential in situations requiring formal authorization for the use of protected assets, whether it's software, patents, trademarks, or other intellectual property. Subject to Danish law and relevant EU regulations, it provides a comprehensive framework for managing the licensing relationship, including specific provisions for scope, territory, duration, payment terms, and quality control. The agreement is particularly important in the Danish market where intellectual property protection and commercial certainty are paramount, and it must comply with both Danish contract law principles and EU directives governing commercial licensing arrangements.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee, including registered addresses and company registration numbers

2. Background: Context of the agreement, including brief description of the licensed property and purpose of the licensing arrangement

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Grant of License: Scope of the license, including type (exclusive/non-exclusive), territory, and permitted uses

5. Term and Termination: Duration of the agreement, renewal terms, and circumstances for termination

6. License Fees and Payment Terms: Financial terms, including license fees, royalties, payment schedule, and reporting requirements

7. Intellectual Property Rights: Confirmation of ownership rights, protection of IP, and handling of improvements or derivatives

8. Obligations of the Licensor: Licensor's commitments regarding delivery, maintenance, and support of the licensed property

9. Obligations of the Licensee: Licensee's commitments regarding use, protection, and exploitation of the licensed property

10. Warranties and Representations: Warranties regarding ownership, right to license, and quality of the licensed property

11. Limitation of Liability: Limits on parties' liability and exclusions of certain types of damages

12. Confidentiality: Protection of confidential information exchanged during the agreement

13. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes

14. General Provisions: Standard provisions including assignment, severability, entire agreement, and amendments

Optional Sections

1. Quality Control: Required when licensing trademarks or when product quality standards must be maintained

2. Sub-licensing Rights: Include when licensee is permitted to sub-license the licensed property

3. Source Code Escrow: Required for software licenses where source code access may be needed in specific circumstances

4. Training and Support: Include when the license includes ongoing technical support or training services

5. Data Protection: Required when personal data processing is involved in the licensed activities

6. Export Control: Include for international licensing arrangements involving regulated technologies

7. Insurance Requirements: Include when specific insurance coverage is required for the licensed activities

8. Change Control Procedure: Required for complex technical licenses where changes to specifications may be needed

Suggested Schedules

1. Schedule 1 - Licensed Property: Detailed description of the licensed intellectual property, including technical specifications

2. Schedule 2 - License Fees and Royalties: Detailed breakdown of all financial terms, including calculation methods for royalties

3. Schedule 3 - Technical Requirements: Technical specifications, performance requirements, and compatibility standards

4. Schedule 4 - Service Levels: Service level agreements for support and maintenance, if applicable

5. Schedule 5 - Approved Sub-licensees: List of pre-approved sub-licensees, if sub-licensing is permitted

6. Appendix A - Reporting Templates: Standard forms for usage reports and royalty calculations

7. Appendix B - Quality Control Standards: Detailed quality control procedures and standards

8. Appendix C - Trademark Usage Guidelines: Guidelines for proper use of licensed trademarks and branding

Authors

Linkedin in social icon imageX social icon image
Relevant legal definitions
Agreement
Affiliate
Business Day
Commencement Date
Confidential Information
Documentation
Effective Date
Force Majeure
Intellectual Property Rights
License
Licensed Property
License Fee
License Period
Licensed Territory
Licensed Products
Net Sales
Permitted Purpose
Prohibited Uses
Royalty
Reporting Period
Specifications
Source Code
Sub-license
Technical Information
Term
Termination Date
Third Party
Trade Marks
Updates
Use
User
Working Hours
Background IP
Foreground IP
Improvements
Quality Standards
Support Services
Maintenance Services
Authorized Users
Commercial Purpose
Derivative Works
Distribution Rights
End User
Implementation Period
Intellectual Property Claims
Know-How
Material Breach
Modifications
Patent Rights
Proprietary Rights
Revenue
Technical Support
Territory
Trademarks
Clauses
Grant of License
License Scope
Territory
Duration
Payment Terms
Royalties
Intellectual Property Rights
Warranties
Indemnification
Confidentiality
Non-Competition
Quality Control
Performance Standards
Audit Rights
Record Keeping
Technical Support
Maintenance
Sub-licensing
Assignment
Termination
Force Majeure
Dispute Resolution
Governing Law
Liability Limitation
Insurance
Compliance
Data Protection
Export Control
Anti-Corruption
Notices
Amendment
Severability
Entire Agreement
Representations
Reporting Requirements
Training
Implementation
Documentation
Change Control
Survival
Relevant Industries
Relevant Teams
Relevant Roles
Industries
Danish Contracts Act (Aftaleloven): The fundamental law governing contract formation, validity, and enforcement in Denmark. It covers offer and acceptance, authority, and invalidity of contracts.
Danish Copyright Act (Ophavsretsloven): Regulates copyright protection and licensing of intellectual property rights in Denmark, essential for defining the scope of licensed rights.
Danish Marketing Practices Act (Markedsføringsloven): Governs fair business practices and marketing activities, relevant for commercial licensing agreements and related promotional activities.
EU General Data Protection Regulation (GDPR): If the licensed product involves personal data processing, GDPR compliance must be addressed in the agreement.
EU Competition Law and Danish Competition Act: Ensures the licensing agreement doesn't contain anti-competitive provisions or abuse dominant market positions.
Danish Sale of Goods Act (Købeloven): While primarily for goods, its principles may apply to licensing agreements, especially regarding warranties and defects.
Danish Interest Act (Renteloven): Governs interest rates on late payments and payment terms in commercial contracts.
Danish E-Commerce Act (E-handelsloven): Relevant if the licensing agreement involves digital content or online services.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

No items found.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.