India Leave and Licence Agreement for Business Premises

License part of your business premises to another business with this India Leave and Licence Agreement.

• Allotted Space. The licensee will occupy a specified portion of the square footage of the shop to carry on its business.
• Security Deposit. The licensee will pay an interest-free security deposit, which will be refunded at the end of the licence period, less any amounts owing to the licensor.
• Usage Fee and Charges. The licensee will pay a monthly fee for its use of the licensed area of the premises, plus a portion of the electricity bills.
• No Tenancy. The Agreement does not create a tenancy or sub-tenancy between the parties, and the licensee will have no right, title or interest with respect to the shop premises.