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Property License Agreement
"I need a Property License Agreement for a pop-up retail space in Auckland CBD, starting March 1, 2025, for a 6-month period, with an option to extend for another 3 months; the agreement should include specific provisions for operating hours and shared facilities use."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement, including property details and purpose of the license
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Grant of License: Specific terms of the license grant, including scope and limitations
5. License Period: Duration of the license, including start date, end date, and any renewal options
6. License Fee and Payment Terms: Details of fees, payment schedule, and payment methods
7. Permitted Use: Specific allowed uses of the property under the license
8. Licensee's Obligations: Key responsibilities and obligations of the licensee
9. Licensor's Obligations: Key responsibilities and obligations of the licensor
10. Insurance and Liability: Insurance requirements and allocation of liability between parties
11. Termination: Circumstances and process for termination of the license
12. General Provisions: Standard legal provisions including notices, governing law, and dispute resolution
13. Execution: Signature blocks and execution details
1. Property Maintenance: Detailed maintenance obligations when the license includes responsibility for property upkeep
2. Alterations and Improvements: Terms regarding modifications to the property, if permitted
3. Sublicensing and Assignment: Terms regarding transfer rights, if applicable
4. Security Deposit: Terms regarding any required security deposit and its management
5. Utilities and Services: Responsibility for utilities and services when relevant to the licensed property
6. Access and Security: Specific provisions about access rights and security measures
7. Health and Safety: Specific health and safety requirements for high-risk or commercial properties
8. Environmental Obligations: Environmental compliance requirements for properties with environmental considerations
9. Force Majeure: Provisions for unforeseen circumstances affecting the license
1. Property Description: Detailed description of the licensed property including plans and photographs
2. Fee Schedule: Detailed breakdown of all fees, charges, and payment terms
3. Permitted Use Details: Specific details about permitted activities and any restrictions
4. Maintenance Schedule: Detailed maintenance responsibilities and schedules
5. Insurance Requirements: Specific insurance requirements and minimum coverage levels
6. Property Rules and Regulations: Specific rules and regulations governing the use of the property
7. Condition Report: Initial condition report of the property
8. Required Consents and Permits: List of required regulatory consents and permits
Authors
Business Day
Commencement Date
Common Areas
Confidential Information
Default Event
Expiry Date
Force Majeure Event
GST
Improvements
License
License Fee
License Period
Licensed Area
Licensee
Licensee's Personnel
Licensor
Licensor's Representative
Outgoings
Permitted Use
Property
Related Entity
Security Deposit
Services
Term
Utilities
Working Hours
Duration and Renewal
License Fee
Payment Terms
Permitted Use
Access Rights
Property Maintenance
Alterations and Improvements
Insurance
Liability and Indemnity
Licensee Obligations
Licensor Obligations
Utilities and Services
Security Deposit
Assignment and Sublicensing
Termination
Default and Remedies
Force Majeure
Health and Safety
Environmental Compliance
Confidentiality
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Costs
GST and Taxes
Variation
Waiver
Real Estate
Commercial Property
Retail
Hospitality
Agriculture
Industrial
Education
Healthcare
Technology
Entertainment
Sports and Recreation
Mining and Resources
Telecommunications
Government and Public Sector
Legal
Property Management
Operations
Facilities
Commercial
Risk and Compliance
Business Development
Asset Management
Contract Administration
Real Estate
Property Manager
Real Estate Agent
Facilities Manager
Legal Counsel
Commercial Director
Operations Manager
Business Development Manager
Asset Manager
Compliance Officer
Risk Manager
Contract Administrator
Property Development Manager
Leasing Manager
General Counsel
Chief Operating Officer
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