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Lease License
"Need a Lease License agreement for a shared office space in Singapore CBD, starting March 2025, with specific provisions for 24/7 access and the ability to use meeting rooms for up to 20 hours per month."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context and purpose of the license agreement
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Specific terms of the license being granted
5. Term and Termination: Duration of license and termination conditions
6. License Fee: Payment terms and conditions
7. Use of Licensed Area: Permitted use and restrictions
8. Maintenance and Repairs: Responsibilities for upkeep
9. Insurance and Liability: Insurance requirements and liability allocation
10. Governing Law: Applicable law and jurisdiction
1. Security Deposit: Terms for security deposit if required - include when security deposit is required from licensee
2. Utilities and Services: Provisions for utilities and additional services - include when utilities are not included in license fee
3. Assignment and Sublicensing: Rights to transfer or sublicense - include when transfer rights need to be addressed
4. Alterations and Improvements: Rights and restrictions regarding modifications - include when modifications to premises may be needed
1. Schedule 1 - Property Description: Detailed description of licensed premises including floor plans
2. Schedule 2 - License Fee Schedule: Breakdown of fees and payment schedule
3. Schedule 3 - House Rules: Building regulations and conduct rules
4. Schedule 4 - Inventory List: List of furniture/equipment if furnished
5. Schedule 5 - Maintenance Schedule: Regular maintenance responsibilities and schedule
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