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Licence Rental Agreement
"I need a Licence Rental Agreement for a co-working space in Singapore's CBD, granting flexible access to 10 desk spaces starting from March 2025, with monthly payment terms and the option to terminate with 30 days' notice."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Grant of Licence: Terms of the licence grant and permitted use
5. Licence Period: Duration and renewal terms
6. Licence Fee: Payment terms and schedule
7. Obligations of Licensee: Responsibilities and restrictions on the licensee
8. Termination: Conditions for ending the agreement
1. Security Deposit: Terms for security deposit, when required by licensor
2. Utilities and Services: Responsibility for utilities and service charges when not included in licence fee
3. Maintenance and Repairs: Responsibilities for upkeep when specific maintenance obligations need to be defined
4. Insurance: Insurance requirements when specific coverage is required
1. Schedule 1 - Property Details: Detailed description of licensed premises
2. Schedule 2 - Inventory List: List of furniture and fittings included in licence
3. Schedule 3 - House Rules: Building or property specific rules and regulations
4. Appendix A - Floor Plan: Layout and dimensions of licensed premises
Authors
Commencement Date
Common Areas
Inventory
Licence Fee
Licence Period
Licensed Premises
Licensor
Licensee
Permitted Use
Property
Security Deposit
Service Charge
Utilities
Working Day
Building
Building Rules
Force Majeure Event
GST
Interest Rate
Notice
Payment Due Date
Relevant Authorities
Term
Termination Date
Licence Period
Licence Fee
Payment Terms
Security Deposit
Permitted Use
Access Rights
Common Areas
Utilities and Services
Maintenance and Repairs
Alterations
Insurance
Liability and Indemnity
Assignment and Sublicensing
Termination
Force Majeure
Property Rules and Regulations
Notices
Quiet Enjoyment
Health and Safety
Compliance with Laws
Default and Remedies
Governing Law
Dispute Resolution
Entire Agreement
Severability
Variation
Costs
GST
Representations and Warranties
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