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Parking License Agreement
"I need a Parking License Agreement for a commercial office building in Mumbai, where we're licensing 50 parking spaces to a corporate tenant from January 1, 2025, with EV charging facilities for 10 spaces and 24/7 access with security monitoring."
1. Parties: Identification of the licensor (parking space owner/operator) and licensee (party receiving parking rights), including full legal names and addresses
2. Background: Context of the agreement, including brief description of the parking facility and purpose of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Specific details of the parking rights being granted, including location, number of spaces, and type of vehicles permitted
5. Term and Renewal: Duration of the license agreement and conditions for renewal
6. License Fee and Payment Terms: Amount, payment schedule, and method of payment for the parking license
7. Operating Hours and Access: Specified times during which the parking facility can be accessed and used
8. Security and Safety: Safety measures, security arrangements, and related responsibilities
9. Maintenance and Repairs: Responsibilities for maintaining the parking area and handling repairs
10. Rules and Regulations: Specific rules governing the use of the parking facility
11. Liability and Insurance: Allocation of risks, insurance requirements, and liability limitations
12. Termination: Circumstances and procedures for terminating the agreement
13. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction over disputes
14. Notices: Process and addresses for sending formal communications between parties
1. Vehicle Registration: Required for agreements where specific vehicles must be registered for use of the parking space
2. Security Deposit: Include when a security deposit is required from the licensee
3. Additional Services: Used when the agreement includes valet parking, car washing, or other supplementary services
4. Sublicensing Rights: Include when the licensee is permitted to sublicense the parking space
5. Electric Vehicle Charging: Required when the parking space includes EV charging facilities
6. Commercial Operations: Include for parking spaces used for commercial purposes (e.g., delivery vehicles)
7. Force Majeure: Include when parties want to address extraordinary circumstances affecting the agreement
8. Environmental Compliance: Required for facilities with specific environmental requirements or concerns
1. Schedule A - Parking Space Plan: Detailed plan showing the exact location and dimensions of the licensed parking space(s)
2. Schedule B - Fee Schedule: Detailed breakdown of all applicable fees, including any periodic increases
3. Schedule C - Operating Rules: Comprehensive list of rules and regulations for using the parking facility
4. Schedule D - Maintenance Schedule: Timeline and scope of regular maintenance activities
5. Schedule E - Permitted Vehicles: List of registered vehicles authorized to use the parking space
6. Appendix 1 - Access Procedures: Details of access mechanisms, key cards, or other entry systems
7. Appendix 2 - Emergency Procedures: Emergency contact information and procedures
Authors
Applicable Laws
Authorized Vehicle
Business Day
Commencement Date
Common Areas
Consideration
Designated Parking Space
Effective Date
Emergency
Expiry Date
Force Majeure Event
Initial Term
License
License Fee
Licensed Premises
Licensee
Licensor
Operating Hours
Parking Access Card
Parking Facility
Parking Management System
Parking Rules and Regulations
Parking Space
Permitted Use
Premises
Property
Renewal Term
Security Deposit
Term
Termination Date
Unauthorized Parking
Vehicle
Visitor Parking
Term and Renewal
License Fee
Payment Terms
Security Deposit
Use of Premises
Operating Hours
Access Rights
Vehicle Registration
Parking Rules
Maintenance and Repairs
Safety and Security
Insurance
Liability and Indemnification
Assignment and Sublicensing
Termination
Default and Remedies
Force Majeure
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Representations and Warranties
Compliance with Laws
Emergency Procedures
Environmental Compliance
Real Estate
Property Management
Retail
Commercial Property
Residential Property
Parking Management
Facilities Management
Shopping Centers
Business Parks
Corporate Services
Hospitality
Transportation
Automotive
Legal
Operations
Facilities Management
Property Management
Asset Management
Security
Administration
Real Estate
Contract Management
Risk Management
Property Manager
Facility Manager
Real Estate Manager
Operations Manager
Building Manager
Asset Manager
Legal Counsel
Contract Administrator
Parking Operations Manager
Site Supervisor
Commercial Property Manager
Residential Property Manager
Security Manager
Business Park Manager
Mall Manager
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