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Licence Rental Agreement
"I need a License Rental Agreement for a tech startup renting office space with licensed access to shared lab equipment and testing facilities, starting March 1, 2025, with specific provisions for data security and 24/7 access rights."
1. Parties: Identification and details of the licensor/landlord and licensee/tenant
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation
4. Grant of License and Rental Rights: Scope of the license and rental rights being granted
5. Term and Commencement: Duration of the agreement and start date
6. Fees and Payment Terms: License fees, rent, payment schedule, and payment methods
7. Deposit and Security: Details of any security deposit or bank guarantee required
8. Use of Property/Licensed Items: Permitted use and restrictions on use
9. Maintenance and Repairs: Responsibilities for maintenance and repairs
10. Insurance: Required insurance coverage for both parties
11. Compliance with Laws: Obligations to comply with applicable laws and regulations
12. Assignment and Subletting: Rights and restrictions regarding transfer of rights
13. Termination: Grounds for termination and termination process
14. Consequences of Termination: Rights and obligations upon termination
15. Liability and Indemnification: Allocation of risks and responsibilities
16. Notices: Process for formal communications between parties
17. Governing Law and Jurisdiction: Dutch law as governing law and jurisdiction for disputes
18. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.
1. Fit-out Works: Include when premises require modification or fit-out before use
2. Environmental Provisions: Include for properties where environmental compliance is significant
3. Service Level Agreement: Include when specific service levels need to be maintained
4. Data Protection: Include when personal data processing is involved
5. Intellectual Property Rights: Include when IP rights beyond basic licensing are involved
6. Force Majeure: Include when specific force majeure provisions are needed beyond standard provisions
7. Change Control: Include when frequent changes to services or premises are anticipated
8. Break Clause: Include when early termination options are desired
1. Property/Licensed Items Description: Detailed description of the property or items being licensed/rented
2. Plan/Drawings: Floor plans, location maps, or technical drawings
3. Fee Schedule: Detailed breakdown of all fees, charges, and payment terms
4. Service Specifications: Detailed description of any services included
5. Condition Report: Initial condition of property or items at commencement
6. House Rules: Building or facility rules and regulations
7. Maintenance Schedule: Detailed maintenance responsibilities and schedules
8. Form of Bank Guarantee: Template for required bank guarantee if applicable
Authors
Applicable Laws
Business Day
Commencement Date
Common Areas
Confidential Information
Deposit
Event of Default
Expiry Date
Fees
Force Majeure Event
House Rules
Initial Term
Insurance Requirements
Licensed Items
Licensed Rights
Licensed Space
Licensor's Property
Maintenance Services
Normal Business Hours
Notice
Occupier
Payment Date
Permitted Use
Premium Services
Property
Renewal Term
Rent
Service Charges
Service Level Requirements
Term
Termination Date
Utilities
VAT
Working Hours
Rental Rights
Term and Duration
Payment Terms
Security Deposit
Permitted Use
Access Rights
Maintenance and Repairs
Alterations and Improvements
Insurance
Utilities and Services
Common Areas
Assignment and Subletting
Compliance with Laws
Health and Safety
Environmental Compliance
Property Management
Service Levels
Intellectual Property
Confidentiality
Data Protection
Force Majeure
Default and Remedies
Termination
Consequences of Termination
Liability and Indemnification
Dispute Resolution
Notices
Governing Law
Entire Agreement
Severability
Waiver
Amendment
Third Party Rights
Counterparts
Real Estate
Technology
Manufacturing
Retail
Co-working Spaces
Healthcare
Education
Hospitality
Telecommunications
Professional Services
Media and Entertainment
Research and Development
Legal
Operations
Facilities Management
Real Estate
Finance
Procurement
Risk and Compliance
Commercial
Property Management
Corporate Services
Business Development
Legal Counsel
Property Manager
Facilities Director
Operations Manager
Commercial Director
Real Estate Manager
Compliance Officer
Contract Manager
Business Development Manager
Asset Manager
Chief Financial Officer
Risk Manager
General Counsel
Corporate Services Manager
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