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License To Occupy Agreement
"I need a License To Occupy Agreement for a pop-up retail space in Singapore's Orchard Road area, starting from March 2025 for a 6-month period, with an option to extend for another 3 months."
1. Parties: Identifies the licensor and licensee with full legal names and addresses
2. Background: Explains the context and purpose of the license to occupy
3. Definitions: Defines key terms used throughout the agreement
4. Grant of License: Specifies the terms of the license, including premises and permitted use
5. Duration: Specifies the term of the license and any renewal options
6. License Fee: Details the fee structure and payment terms
7. Licensee's Obligations: Lists all responsibilities and obligations of the licensee
8. Licensor's Obligations: Lists all responsibilities and obligations of the licensor
9. Termination: Specifies conditions for termination and notice requirements
1. Insurance: Details insurance requirements when specific coverage is required
2. Alterations: Conditions for making changes to the premises when modifications might be needed
3. Assignment and Sublicensing: Rules regarding transfer of license rights when transfer needs to be addressed
4. Utilities and Services: Arrangements for utilities and services when not included in license fee
1. Schedule 1 - Property Description: Detailed description of the licensed premises
2. Schedule 2 - Plan: Floor plan or site plan of the licensed area
3. Schedule 3 - Inventory: List of fixtures, fittings, and equipment included when furnished premises are licensed
4. Schedule 4 - House Rules: Building or facility rules and regulations when premises are part of a larger facility
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