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Revocable License To Use Property
"I need a Revocable License To Use Property agreement for a pop-up retail space in a Hong Kong shopping center, starting March 1, 2025, where I'll be selling seasonal merchandise and need flexibility to terminate with 30 days' notice."
1. Parties: Identification of the Licensor (property owner/controller) and Licensee (user of the property), including full legal names and addresses
2. Background: Context of the agreement, nature of the property, and purpose of the license
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Permitted Use', 'License Period', and 'License Fee'
4. Grant of License: Clear statement of the permission granted, emphasizing its revocable nature and specific limitations
5. License Period: Duration of the license, including start date and any renewal provisions
6. License Fee: Amount payable, payment schedule, and method of payment
7. Permitted Use: Specific description of how the Licensee may use the property, including any restrictions
8. Licensee's Obligations: Key responsibilities including maintenance, compliance with laws, and conduct requirements
9. Licensor's Rights: Including right of inspection, revocation conditions, and other reserved rights
10. Termination: Grounds for termination, notice requirements, and consequences of termination
11. Governing Law: Specification of Hong Kong law as governing law and jurisdiction
1. Utilities and Services: Used when the license includes provision of utilities or services, specifying responsibilities for payment and maintenance
2. Security Deposit: Include when a security deposit is required, specifying amount, holding conditions, and return terms
3. Insurance: Used when specific insurance requirements are imposed on either party
4. Alterations: Include when the Licensee may need to make changes to the property
5. Assignment and Sublicensing: Used when there's a need to explicitly prohibit or regulate transfer of rights
6. Indemnification: Include when specific indemnity provisions are required beyond standard liability
7. Force Majeure: Used when parties want to address circumstances beyond their control
8. Confidentiality: Include when the arrangement involves sensitive information or trade secrets
1. Schedule 1 - Property Description: Detailed description of the licensed property, including floor plans or photographs
2. Schedule 2 - License Fee Schedule: Breakdown of fees, payment dates, and any escalation provisions
3. Schedule 3 - House Rules: Specific rules and regulations governing the use of the property
4. Schedule 4 - Inventory: List of any furniture, equipment, or fixtures included in the license
5. Schedule 5 - Condition Report: Documentation of the property's condition at the start of the license
6. Appendix A - Required Permits: Copies of any necessary permits or authorizations
7. Appendix B - Insurance Requirements: Detailed insurance specifications if required
Authors
Business Day
Business Hours
Commencement Date
Common Areas
Condition Report
Confidential Information
Fees
Force Majeure Event
Government Authority
House Rules
Insurance Requirements
License
License Fee
License Period
Licensed Area
Licensee
Licensee's Representatives
Licensor
Licensor's Representative
Maintenance Services
Notices
Operating Expenses
Permitted Use
Property
Revocation Notice
Security Deposit
Service Charges
Termination Date
Utilities
Working Hours
Duration
Fees and Payment
Permitted Use
Property Access
Maintenance and Repairs
Utilities and Services
Insurance
Liability and Indemnification
Termination
Revocation Rights
Security Deposit
Property Rules
Compliance with Laws
Health and Safety
Alterations
Assignment and Sublicensing
Force Majeure
Notices
Confidentiality
Dispute Resolution
Governing Law
Entire Agreement
Severability
Representations and Warranties
Rights of Entry
Property Condition
Building Rules
Emergency Procedures
Intellectual Property
Real Estate
Commercial Property
Retail
Hospitality
Corporate Services
Events and Entertainment
Education
Healthcare
Industrial and Manufacturing
Technology
Coworking Spaces
Pop-up Retail
Legal
Operations
Facilities Management
Real Estate
Property Management
Compliance
Risk Management
Administrative Services
Business Development
Asset Management
Property Manager
Facilities Manager
Real Estate Director
Legal Counsel
Operations Manager
Events Coordinator
Business Development Manager
Retail Manager
Corporate Real Estate Manager
Asset Manager
Property Administrator
Compliance Officer
Space Planning Manager
Real Estate Transaction Manager
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