All Templates
Lease a property
🏠 Lease agreement
Licence To Assign A Commercial Underlease (With Guarantee)
Licence To Assign A Commercial Underlease (With Guarantee)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏠 Lease agreementBusiness activity
Lease a propertyThis legal template, known as the "Licence to Assign a Commercial Underlease (With Guarantee) under UK law," relates to the transfer of a commercial underlease with the involvement of a guarantee. In UK commercial lease arrangements, an underlease allows a tenant (assignor) to sublet all or part of a leased commercial property to a third party (assignee). However, to proceed with such a transfer, obtaining the necessary consent and licenses from the landlord is crucial.
This template outlines the terms and conditions for granting consent (license) from the landlord to the assignor. It includes provisions related to the assignment of the commercial underlease and the involvement of a guarantee. Typically, the assignor seeks consent to transfer their rights and obligations as the original tenant to a new party, the assignee, who wishes to assume the tenancy.
The document reflects the key aspects associated with this process under UK law. It provides a detailed description of the underlease, including the premises, duration, and any specific terms or restrictions. Additionally, the template sets out the conditions necessary for the assignor to obtain consent from the landlord, such as submitting a formal application, providing necessary documentation, and paying any required fees.
Furthermore, the template addresses the necessary provisions related to the assignee's guarantee. This guarantee ensures that the assignor, as well as the assignee, will fulfill their respective obligations to the landlord during the remaining term of the underlease. The guarantee may require the assignee to provide a guarantee deposit, financial references, or personal guarantees from directors or guarantors.
Overall, this legal template is primarily concerned with facilitating the process of assigning a commercial underlease with the landlord's consent under UK law. It covers various aspects related to the transfer, including the terms and conditions of the underlease, the requirements for obtaining consent, and the involvement of a guarantee to secure the landlord's interests.
This template outlines the terms and conditions for granting consent (license) from the landlord to the assignor. It includes provisions related to the assignment of the commercial underlease and the involvement of a guarantee. Typically, the assignor seeks consent to transfer their rights and obligations as the original tenant to a new party, the assignee, who wishes to assume the tenancy.
The document reflects the key aspects associated with this process under UK law. It provides a detailed description of the underlease, including the premises, duration, and any specific terms or restrictions. Additionally, the template sets out the conditions necessary for the assignor to obtain consent from the landlord, such as submitting a formal application, providing necessary documentation, and paying any required fees.
Furthermore, the template addresses the necessary provisions related to the assignee's guarantee. This guarantee ensures that the assignor, as well as the assignee, will fulfill their respective obligations to the landlord during the remaining term of the underlease. The guarantee may require the assignee to provide a guarantee deposit, financial references, or personal guarantees from directors or guarantors.
Overall, this legal template is primarily concerned with facilitating the process of assigning a commercial underlease with the landlord's consent under UK law. It covers various aspects related to the transfer, including the terms and conditions of the underlease, the requirements for obtaining consent, and the involvement of a guarantee to secure the landlord's interests.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Standard Sub-Contact Conditions for Building
This legal template pertains to the Standard Sub-Contract Conditions specifically designed for building projects under the jurisdiction of UK law. The template outlines the contractual terms and conditions agreed upon between the main contractor and a sub-contractor for the construction project. It covers various aspects related to the sub-contract, including scope of work, payment terms, obligations and responsibilities of each party, dispute resolution mechanisms, termination clauses, and compliance with applicable laws and regulations. The template aims to provide a standardized framework for sub-contracting agreements in the construction industry in the UK, ensuring clarity, fairness, and legal compliance for all parties involved.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
5
DISCUSSIONS
2
Subscription Letter (Short Form)
The Subscription Letter (Short Form) under UK law is a legal template that outlines a binding agreement between a service provider and a subscriber for the provision of particular services on a recurring basis. It sets out the terms and conditions of the subscription, including the scope of the services, payment details, and any limitations or restrictions that may apply. The letter ensures that both parties are in agreement regarding the duration and renewal terms of the subscription, as well as the rights and obligations of each party. Additionally, it may include provisions related to data protection, termination or cancellation procedures, dispute resolution mechanisms, and any governing law to be followed. By using this standard template, businesses and individuals can establish a clear and legally sound subscription agreement under UK law to provide or receive ongoing services in a structured and efficient manner.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
6
RATINGS
3
DISCUSSIONS
0
Substance Abuse In Workplace Policy
The "Substance Abuse in Workplace Policy" template under UK law is a comprehensive document that outlines guidelines, procedures, and regulations pertaining to the issue of substance abuse in the workplace. It addresses the legal context, employer's responsibility, and employees' obligations regarding substance abuse prevention, intervention, and discipline in a professional setting.
This policy focuses on the prevention and management of substance abuse-related incidents, which could include alcohol, illegal drugs, prescription drugs, or any other substances that may impair an employee's ability to perform their job safely and efficiently. It aims to create a safe, healthy, and productive work environment by establishing a structured framework for addressing potential substance abuse concerns.
The template provides a clear statement of the company's stance towards substance abuse, emphasizing that it is strictly prohibited within the organization. It outlines the legal requirements and obligations for both employers and employees, including compliance with applicable legislation, maintaining confidentiality, and ensuring fair treatment of employees throughout the process.
Additionally, the policy template includes guidelines on recognizing signs of substance abuse, procedures for reporting concerns, conducting investigations, and providing appropriate support or rehabilitation options for affected employees. It also establishes disciplinary measures for non-compliance or substance abuse incidents, ensuring consistency and fairness in dealing with such situations.
The document may further include provisions on education and awareness programs, such as training sessions and informational materials, to promote a culture of transparency, prevention, and support within the workplace. It may also address issues surrounding drug testing, privacy considerations, and referrals to external resources or counseling services.
Overall, this legal template aims to assist employers in proactively addressing substance abuse concerns within their organization, adhering to UK law while safeguarding the well-being of employees and ensuring a productive work environment for all.
This policy focuses on the prevention and management of substance abuse-related incidents, which could include alcohol, illegal drugs, prescription drugs, or any other substances that may impair an employee's ability to perform their job safely and efficiently. It aims to create a safe, healthy, and productive work environment by establishing a structured framework for addressing potential substance abuse concerns.
The template provides a clear statement of the company's stance towards substance abuse, emphasizing that it is strictly prohibited within the organization. It outlines the legal requirements and obligations for both employers and employees, including compliance with applicable legislation, maintaining confidentiality, and ensuring fair treatment of employees throughout the process.
Additionally, the policy template includes guidelines on recognizing signs of substance abuse, procedures for reporting concerns, conducting investigations, and providing appropriate support or rehabilitation options for affected employees. It also establishes disciplinary measures for non-compliance or substance abuse incidents, ensuring consistency and fairness in dealing with such situations.
The document may further include provisions on education and awareness programs, such as training sessions and informational materials, to promote a culture of transparency, prevention, and support within the workplace. It may also address issues surrounding drug testing, privacy considerations, and referrals to external resources or counseling services.
Overall, this legal template aims to assist employers in proactively addressing substance abuse concerns within their organization, adhering to UK law while safeguarding the well-being of employees and ensuring a productive work environment for all.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
3
RATINGS
0
DISCUSSIONS
0