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Revocable Licence Agreement
"I need a Revocable Licence Agreement to allow a pop-up retail business to use part of my commercial property in London for 6 months starting March 2025, with monthly fees and the ability to terminate with 30 days' notice."
1. Parties: Identifies and defines the licensor and licensee
2. Background: Sets out context and purpose of the licence
3. Definitions: Defines key terms used throughout the agreement
4. Grant of Licence: Specifies the rights being granted and their scope
5. Duration and Termination: Sets out term and circumstances for revocation
6. Fees and Payment: Details any licence fees and payment terms
7. Licensee Obligations: Lists responsibilities and restrictions on licensee
1. Insurance: Insurance requirements and obligations for licensed activities
2. Intellectual Property: IP rights, restrictions and protection measures
3. Data Protection: Obligations and compliance requirements for handling personal data
4. Assignment and Sub-licensing: Provisions governing transfer rights and sub-licensing permissions
1. Schedule 1: Licensed Area: Detailed description or plans of licensed premises/area
2. Schedule 2: Permitted Use: Detailed specification of allowed activities
3. Schedule 3: Fee Schedule: Detailed breakdown of fees and payment terms
4. Schedule 4: House Rules: Specific rules and regulations for use of licensed area
Authors
Business Day
Commencement Date
Common Areas
Effective Date
Fee
House Rules
Intellectual Property Rights
Law
Licence
Licence Period
Licensed Area
Licensed Rights
Licensee
Licensor
Parties
Permitted Hours
Permitted Use
Premises
Property
Regulations
Services
Term
Termination Date
Working Hours
Duration and Termination
Fees and Payment
Permitted Use
Licensee Obligations
Licensor Obligations
Insurance
Liability and Indemnity
Health and Safety
Access Rights
Alterations
Assignment and Sub-licensing
Notices
Force Majeure
Confidentiality
Entire Agreement
Variation
Severability
Waiver
Third Party Rights
Governing Law
Jurisdiction
Statutory Compliance
Maintenance and Repair
Utilities and Services
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