The Commercial Property Licence Agreement serves as a crucial legal instrument in the Canadian commercial real estate market, offering a more flexible alternative to traditional lease arrangements. This document is particularly valuable for businesses seeking temporary space, pop-up operations, or shared workspace arrangements. It outlines the rights granted by the property owner, usage limitations, fee structures, and operational requirements while ensuring compliance with relevant provincial and federal regulations. The agreement is designed to protect both parties' interests while maintaining the distinct nature of a licence versus a leasehold interest, making it especially suitable for short-term commercial arrangements or situations where exclusive possession is not intended.
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1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of Licence: Specific terms of the licence grant and permitted use of the property
5. Licence Period: Duration of the licence, including start and end dates, and any renewal options
6. Licence Fee: Amount, payment terms, and schedule of the licence fee
7. Security Deposit: Details of any required security deposit and terms for its return
8. Permitted Use: Specific description of how the licensee may use the property
9. Licensee's Obligations: Key responsibilities and obligations of the licensee
10. Licensor's Obligations: Key responsibilities and obligations of the licensor
11. Insurance and Liability: Insurance requirements and allocation of liability between parties
12. Maintenance and Repairs: Responsibilities for property maintenance and repairs
13. Utilities and Services: Arrangements for utilities and additional services
14. Access and Security: Terms regarding access to the property and security arrangements
15. Termination: Circumstances and process for terminating the licence
16. Governing Law: Specification of applicable law and jurisdiction
17. General Provisions: Standard boilerplate clauses including notices, entire agreement, and amendments
1. Fit-Out Works: Include when the licensee needs to perform initial modifications to the property
2. Shared Facilities: Include when the property includes shared areas or facilities
3. Environmental Matters: Include when there are specific environmental considerations or requirements
4. Operating Hours: Include when there are restrictions on hours of operation
5. Sublicensing and Assignment: Include when transfer rights need to be addressed
6. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
7. Option to Purchase: Include when the licensee is granted an option to purchase the property
8. Competitor Restrictions: Include when there are restrictions on competing businesses
9. Signage Rights: Include when specific provisions for external or internal signage are needed
10. Parking: Include when specific parking arrangements need to be detailed
1. Property Description: Detailed description and plans of the licensed property
2. Licence Fee Schedule: Detailed breakdown of licence fees and payment schedule
3. Services and Utilities: Detailed list of services provided and utility arrangements
4. Building Rules and Regulations: Specific rules and regulations governing the use of the property
5. Condition Report: Detailed report on the condition of the property at commencement
6. Fit-out Specifications: Technical specifications for any permitted modifications
7. Insurance Requirements: Detailed insurance requirements and minimum coverage levels
8. Operating Hours and Access Procedures: Detailed procedures for access and permitted operating hours
9. Maintenance Schedule: Detailed maintenance responsibilities and schedules
10. Emergency Procedures: Emergency protocols and contact information
Relevant legal definitions
Permitted Use
Licensed Area
Common Areas
Licence Fee
Licence Period
Commencement Date
Expiry Date
Operating Hours
Security Deposit
Additional Services
Service Charges
Building
Building Rules
Business Day
Force Majeure Event
Hazardous Materials
Insurance Requirements
Licensor's Property
Maintenance
Notice
Occupier's Liability
Operating Costs
Permitted Hours
Property Manager
Renewal Period
Schedule of Condition
Services
Signage
Utilities
Working Days
Applicable Laws
Emergency
Environmental Laws
Health and Safety Requirements
Intellectual Property Rights
Payment Due Date
Regulatory Requirements
Security Systems
Term
Termination Date
Visitors
Licensed Area
Common Areas
Licence Fee
Licence Period
Commencement Date
Expiry Date
Operating Hours
Security Deposit
Additional Services
Service Charges
Building
Building Rules
Business Day
Force Majeure Event
Hazardous Materials
Insurance Requirements
Licensor's Property
Maintenance
Notice
Occupier's Liability
Operating Costs
Permitted Hours
Property Manager
Renewal Period
Schedule of Condition
Services
Signage
Utilities
Working Days
Applicable Laws
Emergency
Environmental Laws
Health and Safety Requirements
Intellectual Property Rights
Payment Due Date
Regulatory Requirements
Security Systems
Term
Termination Date
Visitors
Clauses
Parties and Definitions
Grant of Licence
Term and Renewal
Licence Fee
Payment Terms
Security Deposit
Permitted Use
Access Rights
Common Areas
Operating Hours
Utilities and Services
Maintenance and Repair
Alterations and Improvements
Insurance
Liability and Indemnification
Health and Safety
Environmental Compliance
Property Rules and Regulations
Assignment and Sublicensing
Default and Remedies
Termination
Force Majeure
Notices
Dispute Resolution
Governing Law
Confidentiality
Representations and Warranties
Entire Agreement
Severability
Amendment
Waiver
Costs and Expenses
Third Party Rights
Relationship of Parties
Compliance with Laws
Security and Access Control
Signage Rights
Emergency Procedures
Intellectual Property
Data Protection
Anti-Corruption
Grant of Licence
Term and Renewal
Licence Fee
Payment Terms
Security Deposit
Permitted Use
Access Rights
Common Areas
Operating Hours
Utilities and Services
Maintenance and Repair
Alterations and Improvements
Insurance
Liability and Indemnification
Health and Safety
Environmental Compliance
Property Rules and Regulations
Assignment and Sublicensing
Default and Remedies
Termination
Force Majeure
Notices
Dispute Resolution
Governing Law
Confidentiality
Representations and Warranties
Entire Agreement
Severability
Amendment
Waiver
Costs and Expenses
Third Party Rights
Relationship of Parties
Compliance with Laws
Security and Access Control
Signage Rights
Emergency Procedures
Intellectual Property
Data Protection
Anti-Corruption
Relevant Industries
Real Estate
Retail
Hospitality
Professional Services
Healthcare
Technology
Financial Services
Entertainment
Education
Manufacturing
Logistics
Food and Beverage
Coworking Spaces
Pop-up Retail
Event Management
Relevant Teams
Legal
Real Estate
Operations
Facilities Management
Finance
Risk and Compliance
Business Development
Property Management
Asset Management
Administration
Relevant Roles
Property Manager
Real Estate Manager
Facilities Manager
Commercial Director
Legal Counsel
Business Development Manager
Operations Manager
Asset Manager
Chief Financial Officer
Risk Manager
Compliance Officer
Real Estate Agent
Property Administrator
Contract Manager
Space Planning Manager
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