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Storage Licence Agreement
"I need a Storage Licence Agreement for a temperature-controlled warehouse facility in Manchester, where we'll be storing pharmaceutical products for multiple pharmaceutical companies starting from March 2025, with specific provisions for access control and environmental monitoring."
1. Parties: Details of the licensor and licensee
2. Background: Context of the agreement and brief description of the storage facility
3. Definitions: Key terms used throughout the agreement
4. Licence Grant: Specific terms of the storage licence including space allocation
5. Licence Fee: Payment terms and review mechanisms
6. Duration and Termination: Term of licence and termination provisions
7. Licensee Obligations: Responsibilities of the storage user
8. Licensor Obligations: Responsibilities of the storage provider
1. Insurance: Insurance requirements and responsibilities for both parties including minimum coverage requirements
2. Security: Security arrangements, access protocols, and key/code management
3. Environmental Controls: Specific environmental requirements for temperature, humidity and specialist storage conditions
1. Schedule 1 - Storage Space Plan: Detailed plan showing the licensed storage area and its dimensions
2. Schedule 2 - Permitted Use: Specific details of allowed storage items and prohibited goods
3. Schedule 3 - Operating Hours: Access times and facility operating hours including holiday arrangements
4. Schedule 4 - Fee Schedule: Detailed breakdown of fees, charges and payment terms
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