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1. Parties: Identification and details of the Licensor and Licensee, including their legal status and addresses
2. Background: Context of the agreement, description of the property, and purpose of the license
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Specific terms of the license being granted, including scope and nature of permitted use
5. Term and Termination: Duration of the license and circumstances under which it can be terminated
6. License Fee and Payment Terms: Amount, payment schedule, and method of payment for the license
7. Permitted Use: Detailed description of how the property may be used and any restrictions
8. Licensee's Obligations: Responsibilities and duties of the Licensee regarding property use and maintenance
9. Licensor's Obligations: Responsibilities and duties of the Licensor in maintaining the property and ensuring peaceful use
10. Insurance and Liability: Insurance requirements and allocation of risks between parties
11. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes
12. Notices: Process and addresses for formal communications between parties
13. Execution: Signature blocks and execution formalities
1. Utilities and Services: Include when the license includes responsibility for utilities or additional services
2. Alterations and Improvements: Include when Licensee is permitted to make changes to the property
3. Security Deposit: Include when a security deposit is required from the Licensee
4. Sub-licensing Rights: Include if sub-licensing is permitted and under what conditions
5. Force Majeure: Include for longer-term licenses to address unforeseen circumstances
6. Environmental Compliance: Include for properties where environmental concerns are relevant
7. Assignment: Include when transfer of rights needs to be addressed
8. Intellectual Property: Include when the licensed property involves or contains intellectual property
1. Property Description: Detailed description of the property including location, dimensions, and features
2. Payment Schedule: Detailed breakdown of license fees, payment dates, and payment methods
3. Permitted Use Guidelines: Specific rules and guidelines for property use
4. Maintenance Schedule: List of maintenance responsibilities and schedules for both parties
5. Property Condition Report: Documentation of property condition at commencement of license
6. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
7. Property Rules and Regulations: Any specific rules or regulations governing the property use
8. Required Permits and Licenses: List of governmental or regulatory permits required for property use
Commencement Date
Common Areas
Confidential Information
Effective Date
Event of Default
Force Majeure Event
Governmental Authority
Initial Term
License
License Fee
Licensed Area
Licensed Property
Licensee
Licensor
Maintenance Charges
Normal Business Hours
Notices
Parties
Permitted Use
Property
Property Rules
Renewal Term
Security Deposit
Services
Term
Termination Date
Utilities
Utility Charges
Working Day
Term and Duration
Payment Terms
Permitted Use
Property Access
Maintenance and Repairs
Utilities and Services
Insurance
Liability and Indemnification
Compliance with Laws
Assignment and Sublicensing
Alterations and Improvements
Security Deposit
Default and Remedies
Termination
Force Majeure
Notices
Dispute Resolution
Governing Law
Confidentiality
Health and Safety
Environmental Compliance
Property Rules and Regulations
Representations and Warranties
Entire Agreement
Severability
Amendment and Modification
Waiver
Registration and Stamp Duty
Costs and Expenses
Real Estate
Commercial Property
Retail
Manufacturing
Education
Healthcare
Hospitality
Technology
Agriculture
Religious Institutions
Entertainment
Sports and Recreation
Logistics
Warehousing
Office Space
Legal
Operations
Facilities Management
Real Estate
Finance
Compliance
Risk Management
Property Management
Business Development
Administration
Property Manager
Facilities Manager
Real Estate Director
Legal Counsel
Corporate Lawyer
Operations Manager
Business Development Manager
Asset Manager
Contract Administrator
Compliance Officer
Chief Financial Officer
Risk Manager
Property Development Manager
Site Manager
General Counsel
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