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Document Id : 8804
File Type : Microsoft Word
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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.
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