The Storage License Agreement serves as the primary legal instrument for establishing storage arrangements in Malaysia, whether for commercial, industrial, or personal use. This document is essential when a party requires secure storage space and a facility owner/operator wishes to grant such usage rights while maintaining proper legal protections. The agreement encompasses crucial elements such as space allocation, payment terms, access rights, security measures, and risk allocation, all while ensuring compliance with Malaysian legal requirements including the Warehouse Keepers Act 1963, Contracts Act 1950, and relevant safety regulations. It's particularly relevant in today's growing storage industry, where clear legal frameworks are necessary to protect both facility operators and clients.
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1. Parties: Identification of the licensor (storage facility owner/operator) and licensee (customer), including full legal names and registration details
2. Background: Context of the agreement, including brief description of the storage facility and purpose of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Specific details of the storage space being licensed, including unit number, size, and location
5. Term and Renewal: Duration of the license agreement and provisions for renewal
6. License Fees and Payment: Payment terms, amounts, due dates, and payment methods
7. Security Deposit: Details of security deposit requirements, terms of holding, and conditions for refund
8. Use of Storage Space: Permitted uses, restrictions, and prohibited items
9. Access and Security: Access hours, security measures, and access procedures
10. Maintenance and Repairs: Responsibilities for maintenance of the storage space
11. Risk and Insurance: Risk allocation, insurance requirements, and liability provisions
12. Termination: Grounds for termination, notice requirements, and consequences
13. Governing Law: Specification of Malaysian law as governing law and jurisdiction
1. Additional Services: Details of any additional services offered such as climate control, packaging, or transportation
2. Security Systems: Detailed provisions regarding security systems when enhanced security measures are required
3. Dangerous Goods: Special provisions for storage of dangerous or regulated goods, if permitted
4. Force Majeure: Provisions for unforeseen circumstances affecting the storage facility
5. Assignment and Subletting: Provisions regarding transfer of rights or subletting, if allowed
6. Pest Control: Specific provisions for pest control measures in facilities requiring enhanced cleanliness
7. Environmental Controls: Provisions for temperature and humidity control in climate-controlled units
8. Operating Hours: Detailed provisions regarding operating hours when specific access times are crucial
1. Schedule 1 - Storage Unit Details: Detailed specification of the storage unit(s), including exact location, dimensions, and features
2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees, including storage fees, additional service charges, and late payment penalties
3. Schedule 3 - Facility Rules and Regulations: Comprehensive rules and regulations for use of the storage facility
4. Schedule 4 - Prohibited Items List: Detailed list of items prohibited from storage
5. Schedule 5 - Access Procedures: Detailed procedures for accessing the storage facility and individual units
6. Appendix A - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
7. Appendix B - Maintenance Schedule: Schedule of regular maintenance and cleaning procedures
Relevant legal definitions
Access Hours
Additional Services
Agreement
Business Day
Commencement Date
Common Areas
Deposit
Expiry Date
Facility
Facility Rules
Identity Card
License Fee
License Period
Licensed Space
Licensee
Licensor
Operating Hours
Payment Date
Permitted Use
Prohibited Items
Property
Security Access Code
Security System
Storage Space
Storage Unit
Term
Termination Date
Visitor
Additional Services
Agreement
Business Day
Commencement Date
Common Areas
Deposit
Expiry Date
Facility
Facility Rules
Identity Card
License Fee
License Period
Licensed Space
Licensee
Licensor
Operating Hours
Payment Date
Permitted Use
Prohibited Items
Property
Security Access Code
Security System
Storage Space
Storage Unit
Term
Termination Date
Visitor
Clauses
Parties and Definitions
Grant of License
Term and Renewal
Fees and Payment
Security Deposit
Access Rights
Use Restrictions
Maintenance and Repairs
Health and Safety
Security Measures
Insurance Requirements
Risk and Liability
Indemnification
Termination
Force Majeure
Assignment and Subletting
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Compliance with Laws
Property Rights
Default and Remedies
Confidentiality
Grant of License
Term and Renewal
Fees and Payment
Security Deposit
Access Rights
Use Restrictions
Maintenance and Repairs
Health and Safety
Security Measures
Insurance Requirements
Risk and Liability
Indemnification
Termination
Force Majeure
Assignment and Subletting
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Compliance with Laws
Property Rights
Default and Remedies
Confidentiality
Relevant Industries
Logistics
Retail
E-commerce
Manufacturing
Real Estate
Warehousing
Self-Storage
Commercial Storage
Construction
Document Storage
Industrial Storage
Small Business
Relevant Teams
Legal
Operations
Facilities Management
Property Management
Contract Administration
Risk Management
Client Relations
Security
Compliance
Business Development
Warehouse Operations
Relevant Roles
Facility Manager
Operations Director
Legal Counsel
Property Manager
Contract Administrator
Storage Facility Supervisor
Warehouse Manager
Compliance Officer
Risk Manager
Business Development Manager
Client Relations Manager
Security Manager
Logistics Manager
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