🏡 Licence extension notice

The Licence Extension Notice (Assign/Carry Out Works/Charge/Underlet) under UK law template is an official document that outlines the necessary procedure and requirements for seeking an extension of a license agreement. This legal template is specifically designed for situations where the licensee intends to assign or transfer the license, carry out modifications or renovations on the licensed premises, charge the license in favour of another party, or sublet the premises to another individual or entity.

The template provides a comprehensive framework to address the key aspects of extending a license agreement. It includes sections to specify the details of the existing license, such as the parties involved, the duration of the license, and any relevant terms and conditions. Additionally, it incorporates provisions to identify the proposed changes or actions to be undertaken within the extension period.

With respect to assigning the license, the template outlines the process and necessitates obtaining consent from the licensor. It also delineates the responsibilities of the parties involved, including the assignee and the original licensee, in ensuring a smooth transition of rights and obligations.

In cases where the licensee wishes to carry out works or modifications on the licensed premises, the template offers a section to describe the nature of the proposed changes and the agreed timeline in which they must be completed. It serves as a formal request to the licensor and outlines any required authorizations or conditions that need to be met.

Furthermore, when seeking to charge or encumber the license, the template elucidates the necessary steps to be taken to secure the interest of the chargor. It ensures compliance with legal procedures and requires the involvement of all relevant parties to safeguard the rights and interests of the chargor and the licensee.

Lastly, if the licensee intends to sublet the licensed premises, the template incorporates provisions to address the relevant criteria and requisites for such an arrangement. It highlights the need for consent from the licensor and specifies the responsibilities and liabilities of the sub-licensor.

Overall, the Licence Extension Notice (Assign/Carry Out Works/Charge/Underlet) under UK law template serves as a legally sound and structured document to navigate the complexities of extending a license agreement. By adhering to this template, all parties involved can ensure transparency, compliance, and protect their respective rights and obligations.