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This Perpetual Use License agreement is designed for situations where a permanent, indefinite right to use intellectual property, software, or technology is being granted under Austrian law. The document is particularly suitable for significant licensing transactions where the licensee requires guaranteed long-term access to the licensed material, typically in exchange for a one-time fee. It includes provisions required under Austrian legislation, including the Austrian Civil Code (ABGB), Copyright Act, and where applicable, consumer protection laws and GDPR requirements. The agreement provides comprehensive coverage of license scope, usage rights, technical requirements, and risk allocation, while ensuring compliance with Austrian contract law principles. This type of agreement is commonly used in software licensing, technology transfers, and content licensing where perpetual rights are being granted.
