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Storage License Agreement
"I need a Storage License Agreement for my self-storage facility in Singapore, which will offer climate-controlled units and 24/7 access to commercial customers starting from March 2025."
1. Parties: Identification of the licensor (storage facility operator) and licensee (customer)
2. Background: Context of the agreement and brief description of the storage facility and purpose
3. Definitions: Key terms used throughout the agreement including 'Storage Space', 'Term', 'License Fee', etc.
4. Grant of License: Specific terms of the storage license, including space details and permitted use
5. Term and Termination: Duration of the agreement and conditions for termination
6. License Fee and Payment Terms: Payment amounts, schedule, and methods
7. Access and Security: Rules regarding access to storage space and security procedures
8. Permitted Items and Restrictions: What can and cannot be stored in the facility
9. Insurance and Liability: Insurance requirements and limitation of liability provisions
1. Additional Services: Details of any additional services provided (used when facility offers supplementary services like packaging or transport)
2. Climate Control Provisions: Specific conditions for temperature-controlled storage (used for climate-controlled storage units)
3. Security Deposit: Terms relating to security deposit if required (used when security deposit is required)
4. Electronic Access Systems: Provisions for electronic access cards or systems (used when facility uses electronic access systems)
1. Schedule 1 - Storage Space Details: Specific details of the licensed storage space including location and dimensions
2. Schedule 2 - Fee Schedule: Detailed breakdown of all applicable fees and charges
3. Schedule 3 - Facility Rules and Regulations: Comprehensive list of facility rules and operating procedures
4. Schedule 4 - Prohibited Items List: Detailed list of items prohibited from storage
5. Appendix A - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
6. Appendix B - Access Procedures: Detailed procedures for accessing the facility and storage space
Authors
Access Hours
Commencement Date
Common Areas
Facility
Facility Rules
Insurance Requirements
License
License Fee
Licensee
Licensor
Operating Hours
Payment Due Date
Permitted Use
Prohibited Items
Security Deposit
Storage Space
Storage Period
Term
Termination Date
Access Card
Additional Services
Business Day
Force Majeure Event
Goods
Late Payment Interest
Notice
Parties
Security Systems
Service Charges
Stored Items
Working Hours
Term and Renewal
License Fee and Payment
Security Deposit
Access Rights
Permitted Use
Prohibited Items
Health and Safety
Security
Insurance
Liability and Indemnity
Maintenance and Repairs
Default and Remedies
Termination
Force Majeure
Assignment and Sublicensing
Notices
Compliance with Laws
Confidentiality
Data Protection
Dispute Resolution
Governing Law
Entire Agreement
Severability
Variation
Waiver
Third Party Rights
Representations and Warranties
Emergency Procedures
Facility Rules and Regulations
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