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Storage Agreement
"I need a Storage Agreement for my warehouse facility in Singapore that will be renting out temperature-controlled storage units to food businesses, with specific clauses about health and safety compliance and monthly payment terms starting from March 2025."
1. Parties: Identification and details of the storage provider and customer
2. Background: Context of the agreement and brief description of the storage arrangement
3. Definitions: Key terms used throughout the agreement
4. Storage Services: Description of storage space, location, and services provided
5. Term and Termination: Duration of agreement and termination conditions
6. Fees and Payment: Payment terms, rates, and billing procedures
7. Access and Security: Rules regarding access to stored items and security measures
8. Liability and Insurance: Risk allocation and insurance requirements
1. Prohibited Items: List of items not permitted for storage - used when specific items are prohibited due to safety or regulatory requirements
2. Environmental Controls: Specific temperature or humidity requirements - used for climate-controlled storage facilities
3. Additional Services: Extra services like packaging or transport - used when offering services beyond basic storage
1. Schedule 1: Storage Space Details: Specific details of storage unit(s), including size and location
2. Schedule 2: Fee Schedule: Detailed breakdown of storage fees and additional charges
3. Schedule 3: Operating Hours: Facility access times and special arrangements
4. Appendix A: Facility Rules: Detailed rules and regulations for using the storage facility
5. Appendix B: Insurance Requirements: Specific insurance requirements and coverage details
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