# Premises

> the area from time to time allocated by the Licensor within the Building shown edged COLOUR on the Plan OR such Premises as the Licensor may in its sole

**Term:** Premises  
**Last updated:** 2026-06-12

## Definition

any premises to which any lease, licence or other right to occupy is to be granted by the Council to the Mutual, as set out in the Transfer Agreement;.

## Context

### Relevant circumstances

- When occupation of a specified area is granted under a lease or licence
- If the licensor can reallocate space at its discretion
- Where the scope of premises is defined by a plan or transfer agreement

### Relevant sectors

- Real Estate
- Construction
- Legal Services

## Relevant contract types

- [Service Agreement](https://www.genieai.co/en-us/template-type/service-agreement)
- [Sale Agreement](https://www.genieai.co/en-us/template-type/sale-agreement)
- [Partnership Agreement](https://www.genieai.co/en-us/template-type/partnership-agreement)

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