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Loan License Agreement
"I need a Loan License Agreement for temporarily licensing our proprietary software to a Singapore-based fintech company, with quarterly repayments and specific usage restrictions for a 24-month term starting March 2025."
1. Parties: Identification of licensor and licensee with full legal names and addresses
2. Background: Context of the agreement and brief description of the licensed material/property
3. Definitions: Key terms used throughout the agreement including Licensed Material, Term, License Fee
4. Grant of License: Specific terms of the license including scope, territory, and usage rights
5. License Fee and Payment Terms: Financial terms including payment schedule, interest rates, and payment method
6. Term and Termination: Duration of agreement and circumstances for termination
7. Confidentiality: Protection of confidential information shared during the agreement
1. Intellectual Property Rights: Specific IP provisions when licensed material involves patents, trademarks, or copyrights
2. Data Protection: PDPA compliance measures for handling personal data under the agreement
3. Technical Support: Support and maintenance terms for software or technical products
4. Export Control: Export compliance provisions for materials subject to export restrictions
1. Schedule 1 - Licensed Material: Detailed description of licensed property/material
2. Schedule 2 - License Fee Schedule: Detailed payment terms and calculations
3. Schedule 3 - Technical Specifications: Technical details of licensed material if applicable
4. Schedule 4 - Service Level Agreement: Performance metrics and support details if applicable
Authors
Applicable Law
Business Day
Commencement Date
Confidential Information
Default Interest Rate
Effective Date
Event of Default
Interest Rate
License
License Fee
Licensed Material
Licensed Rights
Licensed Territory
Licensor's Intellectual Property
Loan Amount
Payment Date
Payment Schedule
Permitted Purpose
Permitted Users
Repayment Schedule
Security Interest
Singapore Dollars
Term
Termination Date
Usage Rights
Working Hours
Assignment and Transfer
Audit Rights
Confidentiality
Default
Dispute Resolution
Force Majeure
Grant of License
Indemnification
Insurance
Interest
Intellectual Property Rights
License Fees
Limitation of Liability
Loan Terms
Notices
Payment Terms
Permitted Use
Repayment
Representations and Warranties
Security
Severability
Sub-licensing
Term and Termination
Territory Restrictions
Usage Restrictions
Waiver
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Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
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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
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Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.