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1. Parties: Identification of the Licensor and Licensee with full legal names, registration details, and addresses
2. Background: Context of the agreement, nature of the property, and confirmation that the Licensor has authority to grant the license
3. Definitions: Key terms used throughout the agreement, including Property, Common Areas, Permitted Use, License Fee, and Service Charges
4. Grant of License: Specific terms of the license grant, clarifying this is a license not a lease, and detailed description of the licensed area
5. Term and Renewal: Duration of the license, commencement date, expiry date, and any renewal options
6. License Fee and Payment Terms: Amount, payment frequency, method of payment, and consequences of late payment
7. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit
8. Permitted Use: Specific allowed uses of the property and any restrictions
9. Licensee's Obligations: Core responsibilities including maintenance, compliance with laws, and conduct requirements
10. Licensor's Obligations: Core responsibilities including access, services, and maintenance of common areas
11. Insurance: Required insurance coverage for both parties
12. Termination: Grounds for termination, notice requirements, and consequences of termination
13. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for disputes
14. Notices: Process and addresses for formal communications between parties
1. Service Charges: Details of additional charges for services, utilities, and maintenance - used when these are not included in the main license fee
2. Fit-out Works: Requirements and conditions for any tenant improvements - included when the licensee will undertake modifications
3. Assignment and Sublicensing: Rights and restrictions regarding transfer of the license - relevant for corporate licensees
4. Force Majeure: Provisions for unexpected events preventing performance - particularly relevant post-COVID
5. Break Clause: Early termination options - included when flexibility is required
6. Guarantees: Parent company or personal guarantees - used for corporate licensees or high-value agreements
7. Operating Hours: Specific times for access and operation - relevant for commercial properties
8. Signage Rights: Terms for displaying business signs - important for retail or commercial premises
1. Property Plan: Detailed floor plan showing the licensed area and common areas
2. Inventory: List of any furniture, fixtures, or equipment included in the license
3. Service Level Agreement: Detailed specification of services to be provided by the licensor
4. House Rules: Building regulations and operational procedures
5. Fit-out Guidelines: Technical specifications and requirements for any permitted modifications
6. Utility Charges: Breakdown of utility charges and calculation methods
7. Form of Bank Guarantee: Template for any required bank guarantee
8. Handover Protocol: Procedure and checklist for property handover and return
Applicable Laws
Approvals
Business Days
Commencement Date
Common Areas
Competent Authority
Default Interest Rate
Expiry Date
Force Majeure Event
Fit-out Works
Government Entity
House Rules
Initial Term
License
Licensed Area
License Fee
Licensee
Licensor
Maintenance Charges
Operating Hours
Permitted Use
Premises
Property
Renewal Term
RERA
Security Deposit
Service Charges
Services
Term
Utilities
VAT
Working Hours
Grant of License
Term and Renewal
License Fee
Security Deposit
Payment Terms
Permitted Use
Utilities and Services
Access Rights
Maintenance and Repair
Alterations and Improvements
Insurance
Liability and Indemnification
Assignment and Sublicensing
Force Majeure
Default and Remedies
Termination
Registration Requirements
Compliance with Laws
Health and Safety
Environmental Protection
Property Rules and Regulations
Notices
Dispute Resolution
Governing Law and Jurisdiction
Confidentiality
Anti-Corruption
Severability
Entire Agreement
Variation and Waiver
Third Party Rights
Costs and Expenses
Force Majeure
Real Estate
Commercial Property
Retail
Hospitality
Office Space
Co-working Spaces
Industrial and Warehousing
Education
Healthcare
Retail Banking
Technology Parks
Free Zones
Mixed-use Developments
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Property Services
Business Development
Contract Administration
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Operations Director
Commercial Director
Chief Financial Officer
Compliance Officer
Asset Manager
Leasing Manager
Business Development Manager
Contract Administrator
Risk Manager
Space Planning Manager
Property Services Director
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