The Storage License Agreement serves as a crucial legal instrument in Indonesia's business environment, providing a framework for companies requiring secure storage solutions. This document is essential when a business needs to establish formal arrangements for using storage facilities owned or operated by another party. The agreement, governed by Indonesian law including the Civil Code and Law No. 7 of 2014 on Trade, addresses key aspects such as space allocation, operational procedures, security measures, and compliance requirements. It's particularly relevant in today's expanding e-commerce and logistics sectors, where businesses increasingly rely on external storage solutions. The document ensures clear definition of rights and responsibilities while maintaining compliance with local regulations regarding warehousing, safety standards, and business operations.

1. Parties: Identification of the storage facility owner/operator (Licensor) and the party seeking storage rights (Licensee), including their legal details and authorized representatives

2. Background: Context of the agreement, brief description of the storage facility, and general purpose of the arrangement

3. Definitions: Definitions of key terms used throughout the agreement, including technical storage terms and facility-specific terminology

4. Grant of License: Specific details of the storage rights being granted, including location, space allocation, and permitted uses

5. Term and Renewal: Duration of the agreement, commencement date, and conditions for renewal

6. License Fees: Payment terms, fee structure, periodic adjustments, and payment methods

7. Operating Hours and Access: Facility operating hours, access procedures, and security protocols

8. Storage Conditions and Requirements: Standards for storage, permitted items, prohibited items, and maintenance obligations

9. Security and Insurance: Security measures, insurance requirements, and liability coverage obligations

10. Compliance with Laws: Obligations to comply with Indonesian regulations, including environmental and safety requirements

11. Termination: Grounds for termination, notice requirements, and consequences of termination

12. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification obligations

13. Governing Law and Dispute Resolution: Application of Indonesian law and dispute resolution mechanisms