License To Use Property Agreement Template for Philippines

1. Parties: Identification and details of the Licensor and Licensee, including their legal capacity to enter into the agreement

2. Background: Context of the agreement, brief description of the property, and the parties' intention to enter into a license arrangement

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Permitted Use', 'License Fee', and other relevant definitions

4. Grant of License: Specific terms of the license grant, including scope and nature of permitted use

5. Duration and Term: Period of the license, including start date, end date, and any renewal provisions

6. License Fee and Payment Terms: Amount, payment schedule, method of payment, and consequences of late payment

7. Licensee's Obligations: Responsibilities of the Licensee including maintenance, compliance with laws, and proper use of the property

8. Licensor's Obligations: Responsibilities of the Licensor including access, maintenance of structure (if applicable), and essential services

9. Insurance and Liability: Insurance requirements and allocation of risks between parties

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

11. Return of Property: Conditions and requirements for returning the property upon license expiration or termination

12. Governing Law and Dispute Resolution: Specification of Philippine law as governing law and dispute resolution mechanisms

13. General Provisions: Standard clauses including notices, entire agreement, amendments, and severability

1. Schedule 1 - Property Description: Detailed description of the licensed property, including location, boundaries, and included fixtures/fittings

2. Schedule 2 - Permitted Use: Detailed specification of allowed activities and use restrictions

3. Schedule 3 - License Fee Schedule: Detailed breakdown of fees, payment dates, and escalation provisions

4. Schedule 4 - Condition Report: Documentation of property condition at commencement of license

5. Schedule 5 - Operating Hours and Access: Specific details about access times and operational restrictions

6. Schedule 6 - Maintenance Schedule: Details of maintenance responsibilities and schedules for both parties

7. Appendix A - Required Permits and Licenses: List of necessary permits and licenses required for the permitted use

8. Appendix B - Insurance Requirements: Detailed insurance requirements including types, coverage amounts, and named insureds