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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 License: Specific terms of the license grant, including purpose and scope
5. Duration: Term of the license, including commencement date and any renewal provisions
6. License Fee: Amount, payment schedule, and method of payment
7. Permitted Use: Detailed description of how the property may be used by the Licensee
8. Licensee's Obligations: Responsibilities of the Licensee regarding property use, maintenance, and compliance
9. Licensor's Obligations: Responsibilities of the Licensor including maintenance and access provisions
10. Utilities and Outgoings: Responsibility for utilities, taxes, and other property-related expenses
11. Insurance: Insurance requirements for both parties
12. Termination: Circumstances under which the agreement can be terminated and consequences
13. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
14. Notices: Process and addresses for serving notices under the agreement
1. Security Deposit: Terms of security deposit if required by Licensor
2. Fit-out Works: Include when Licensee is permitted to make alterations or improvements
3. Shared Facilities: Include when the property includes common areas or shared facilities
4. Environmental Compliance: Include for properties with specific environmental requirements or concerns
5. Force Majeure: Include to address unforeseen circumstances affecting property use
6. Assignment and Sublicensing: Include if transfer of rights needs to be specifically addressed
7. Intellectual Property: Include if the property use involves any IP rights
8. Dispute Resolution: Include if specific dispute resolution mechanisms are preferred over court proceedings
1. Property Description: Detailed description of the licensed property including boundaries and measurements
2. Plan/Layout: Floor plans or site maps of the licensed property
3. Payment Schedule: Detailed breakdown of license fee, payment dates, and escalation terms
4. Permitted Use Details: Specific details of permitted activities and usage restrictions
5. Condition Report: Documentation of property condition at commencement of license
6. House Rules: Building or facility rules and regulations if applicable
7. Maintenance Schedule: Details of maintenance responsibilities and schedules
8. Required Approvals: List of necessary permits, licenses, or approvals for property use
Applicable Laws
Business Day
Commencement Date
Common Areas
Consideration
Effective Date
Event of Default
Expiry Date
Force Majeure Event
Government Authority
Initial Term
License
License Fee
Licensed Property
Licensee
Licensor
Maintenance Charges
Operating Hours
Permitted Use
Property
Renewal Term
Security Deposit
Service Charges
Term
Utilities
Working Hours
Duration
Payment Terms
Security Deposit
Permitted Use
Restrictions on Use
Property Access
Maintenance and Repairs
Utilities and Services
Insurance
Indemnification
Property Damage
Alterations and Improvements
Assignment and Sublicensing
Compliance with Laws
Environmental Compliance
Health and Safety
Force Majeure
Default and Remedies
Termination
Surrender of Property
Notices
Dispute Resolution
Governing Law
Stamp Duty and Registration
Entire Agreement
Severability
Amendments
Waiver
Representations and Warranties
Real Estate
Commercial Property
Retail
Hospitality
Industrial
Manufacturing
Warehousing
Education
Healthcare
Information Technology
Co-working Spaces
Entertainment
Sports and Recreation
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Administration
Procurement
Business Development
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Corporate Lawyer
Business Development Manager
Operations Director
Chief Financial Officer
Compliance Officer
Risk Manager
Commercial Director
Administrative Manager
Asset Manager
Property Developer
Procurement Manager
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