Licence Rental Agreement Template for Philippines

1. Fit-out Works: Include when the licensee is permitted to make modifications or improvements to the property

2. Sublicensing Rights: Include when the licensee may be granted rights to sublicense the property

3. Intellectual Property Rights: Include when the license involves use of trademarks, logos, or other IP

4. Environmental Compliance: Include for properties where environmental regulations are significant

5. Force Majeure: Include specific force majeure provisions beyond standard terms, particularly relevant post-COVID

6. Assignment: Include when transfer of rights needs to be specifically addressed

7. Common Areas: Include for properties within larger complexes with shared facilities

8. Security and Access: Include when specific security arrangements or access protocols are required

1. Property Description: Detailed description of the licensed property including floor plans, boundaries, and facilities

2. Payment Schedule: Detailed breakdown of all fees, payment dates, and escalation provisions

3. Condition Report: Documentation of property condition at commencement of license

4. House Rules: Building or facility rules and regulations

5. Fit-out Guidelines: Technical specifications and requirements for any permitted modifications

6. Service Level Agreement: Details of any services provided as part of the license

7. Insurance Requirements: Specific insurance types and coverage levels required

8. Permitted Use Guidelines: Detailed description of allowed activities and use restrictions