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Pharmacy License Rent Agreement
I need a Pharmacy License Rent Agreement for a 200-square-meter retail space in Dubai Healthcare City, with a 5-year term starting March 1, 2025, including specific provisions for controlled substance storage and 24-hour operation permissions.
1. Parties: Identification of the Landlord and Tenant (pharmacy operator), including trade license details and professional licenses
2. Background: Context of the agreement, including property details and intended use as a pharmacy
3. Definitions: Key terms used throughout the agreement, including technical and regulatory terminology
4. Premises: Detailed description of the rented space, including exact location, size, and permitted usage
5. Term and Renewal: Duration of the lease, commencement date, and renewal terms
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and other financial obligations
7. Licensing and Compliance: Requirements for maintaining pharmacy license and regulatory compliance
8. Use of Premises: Specific conditions for pharmacy operations, storage of medications, and related activities
9. Maintenance and Repairs: Responsibilities for maintaining the premises in accordance with pharmacy regulations
10. Utilities and Services: Provisions for essential services, including specific requirements for pharmacy operations
11. Insurance: Required insurance coverage for both property and pharmacy operations
12. Termination: Conditions for early termination and consequences
13. Governing Law and Jurisdiction: Application of UAE laws and dispute resolution mechanisms
1. Fit-out Works: Specifications for initial pharmacy fit-out, used when premises require modification to meet pharmacy standards
2. Assignment and Subletting: Terms for transferring or sharing the premises, included when such flexibility might be needed
3. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in post-pandemic context
4. Environmental Compliance: Special provisions for handling hazardous materials, included when handling specialized pharmaceutical products
5. Operating Hours: Specific requirements for operating hours, included when mall locations or specific community needs dictate
6. Competition Restrictions: Non-compete clauses, included when in shopping centers or medical facilities with multiple pharmacies
1. Floor Plan: Detailed layout of the premises including required pharmacy sections and storage areas
2. Pharmacy License: Copy of current pharmacy license and related permits
3. Fit-out Specifications: Technical requirements for pharmacy premises including storage conditions and safety measures
4. Rent Payment Schedule: Detailed breakdown of rent payments and escalation terms
5. Maintenance Schedule: Specific maintenance requirements for pharmacy equipment and premises
6. Insurance Requirements: Detailed insurance specifications for pharmacy operations
7. Operating Procedures: Standard operating procedures required by health authorities
8. Handover Protocol: Checklist for premises handover and return conditions
Authors
Beneficial Interest
Business Day
Commencement Date
Common Areas
Competent Authority
Confidential Information
Controlled Substances
Default Interest
Expiry Date
Force Majeure
Governing Law
Handover Date
Healthcare Authority
Lease Period
License
Licensed Premises
Maintenance Charges
Ministry of Health
Operating Hours
Permitted Use
Pharmacy Equipment
Pharmacy License
Pharmacy Regulations
Premises
Professional License
Property
Rent
Rental Year
Security Deposit
Service Charges
Storage Area
Technical Requirements
Tenant Improvements
Term
Trade License
Utilities
Grant of Lease
Term and Renewal
Rent and Payment
Security Deposit
Regulatory Compliance
Licensing Requirements
Use of Premises
Fit-out Requirements
Operating Hours
Storage and Safety
Maintenance and Repairs
Utilities and Services
Insurance
Health and Safety
Environmental Compliance
Access Rights
Alterations and Improvements
Assignment and Subletting
Landlord's Obligations
Tenant's Obligations
Confidentiality
Force Majeure
Default and Remedies
Termination
Indemnification
Notices
Governing Law
Dispute Resolution
Healthcare
Pharmaceuticals
Real Estate
Commercial Property
Retail
Medical Services
Professional Services
Regulatory Compliance
Legal
Real Estate
Facilities Management
Compliance
Healthcare Operations
Property Management
Regulatory Affairs
Business Development
Commercial Operations
Risk Management
Pharmacy Owner
Property Manager
Real Estate Manager
Healthcare Facility Manager
Compliance Officer
Legal Counsel
Commercial Lease Manager
Pharmacy Operations Director
Healthcare Operations Manager
Regulatory Affairs Manager
Facilities Director
Chief Pharmacist
Business Development Manager
Property Development Director
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