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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
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Terms of the license grant, including duration and purpose
5. License Fee: Amount, payment terms, and review mechanisms for the license fee
6. Security Deposit: Details of deposit amount, terms of holding and return
7. Licensee's Obligations: Core responsibilities and obligations of the Licensee
8. Licensor's Obligations: Core responsibilities and obligations of the Licensor
9. Property Maintenance: Responsibilities for maintenance, repairs, and upkeep
10. Utilities and Services: Arrangements for utilities, services, and associated costs
11. Insurance: Insurance requirements for both parties
12. Access and Inspection: Licensor's rights of access and property inspection
13. Termination: Grounds and procedures for termination of the license
14. Notices: Process and requirements for formal communications
15. Governing Law: Specification of Nigerian law as governing law
16. Dispute Resolution: Procedures for handling disputes between parties
1. Assignment and Subletting: Include when transfer or subletting rights need to be addressed
2. Alterations and Improvements: Include when the Licensee may need to make changes to the property
3. Common Areas: Include for properties with shared facilities or spaces
4. Special Conditions: Include when there are property-specific rules or requirements
5. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
6. Environmental Compliance: Include for properties with specific environmental requirements
7. Security Arrangements: Include when specific security measures are required
8. Option to Renew: Include when offering potential extension of the license term
1. Schedule 1 - Property Description: Detailed description of the licensed property including floor plans and boundaries
2. Schedule 2 - Inventory: List of fixtures, fittings, and furniture included in the license
3. Schedule 3 - Service Charges: Breakdown of service charges and payment calculations
4. Schedule 4 - House Rules: Specific rules and regulations for use of the property
5. Schedule 5 - Condition Report: Initial condition report of the property
6. Appendix A - Utility Agreements: Copies of relevant utility arrangements and agreements
7. Appendix B - Insurance Certificates: Copies of required insurance documentation
8. Appendix C - Required Permits: Copies of necessary permits and certifications
Commencement Date
Common Areas
Condition Report
Default Rate
Deposit
Duration
End Date
Fixtures and Fittings
House Rules
Insurance Requirements
Licensed Area
License Fee
License Period
Licensee
Licensor
Notices
Permitted Use
Property
Renewal Period
Review Date
Service Charges
Services
Term
Termination Date
Utilities
Working Day
Security Deposit
Payment Date
Relevant Authority
Force Majeure Event
Occupational Requirements
Permitted Hours
Building
Maintenance Obligations
Duration
License Fee
Payment Terms
Security Deposit
Permitted Use
Access Rights
Utilities and Services
Maintenance and Repair
Alterations
Insurance
Property Rules
Health and Safety
Environmental Compliance
Assignment and Subletting
Force Majeure
Default and Remedies
Termination
Surrender
Property Condition
Quiet Enjoyment
Indemnification
Dispute Resolution
Governing Law
Notices
Representations and Warranties
Compliance with Laws
Security Arrangements
Common Areas Usage
Service Charges
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial
Hospitality
Education
Healthcare
Coworking Space
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Compliance
Risk Management
Finance
Business Development
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Corporate Real Estate Manager
Asset Manager
Operations Manager
Commercial Property Manager
Leasing Manager
Real Estate Director
Chief Operating Officer
General Counsel
Compliance Officer
Business Development Manager
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