Define: Licence Fee

The meaning of “Licence Fee” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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What is the most popular definition of 'Licence Fee'?

the amount of PS1 per annum then as reviewed pursuant to clause 3 and which shall cover fees for the maintenance, repair and decoration of the Common Parts by the Licensor together with rates and utilities supplied during the Designated Hours but which for the avoidance of doubt shall exclude the Facilities Charge.