The Lease and License Agreement serves as a crucial legal instrument in Danish commercial property transactions, combining traditional lease elements with specific licensed rights. This document is particularly relevant when a property arrangement includes both physical space occupation and the right to use certain intellectual property, branded elements, or specific facilities. It's commonly used in commercial centers, branded retail locations, serviced offices, and industrial facilities where both property usage and operational rights need to be granted. The agreement must comply with Danish property law, particularly the Lejeloven and Erhvervslejeloven, while also addressing modern business needs. It's designed to provide comprehensive coverage of both parties' rights and obligations, including detailed provisions for property use, maintenance, fees, and the scope of licensed rights, making it suitable for complex commercial arrangements in the Danish market.
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Key Requirements PROMPT example:
Lease And License Agreement
I need a Lease and License Agreement for a retail space in central Copenhagen, approximately 200 square meters, starting from March 1, 2025, which includes rights to use the building's trademarked name 'Nordic Design Center' in our marketing materials.
1. Parties: Identification and details of the lessor/licensor and lessee/licensee
2. Background: Context of the agreement and brief description of the property and licensed rights
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the leased property and its boundaries
5. Grant of Lease and License: Formal grant of lease rights and any associated licenses
6. Term and Commencement: Duration of the agreement and commencement date
7. Rent and License Fees: Payment terms, amounts, and adjustment mechanisms
8. Deposit and Prepayments: Security deposit requirements and any advance payments
9. Use of Property: Permitted uses and restrictions on property use
10. Maintenance and Repairs: Responsibilities for maintenance, repairs, and replacements
11. Utilities and Services: Provisions regarding utilities, services, and associated costs
12. Insurance: Required insurance coverage and obligations
13. Assignment and Subletting: Rights and restrictions regarding transfer of rights
14. Termination: Grounds for termination and procedure
15. Liability and Indemnification: Allocation of risks and indemnification obligations
16. Governing Law and Jurisdiction: Applicable law and dispute resolution provisions
1. Fit-out Works: Details of any permitted or required tenant improvements - include when premises require modification
2. Environmental Provisions: Specific environmental obligations - include for industrial or environmentally sensitive properties
3. Operating Hours: Restrictions on hours of operation - include for retail or commercial properties
4. Signage Rights: Rights and restrictions regarding exterior and interior signage - include for commercial properties
5. Common Areas: Rights and obligations regarding shared facilities - include for multi-tenant buildings
6. Parking: Allocation and rules for parking spaces - include when parking is relevant
7. Option to Renew: Terms for lease renewal - include when offering renewal rights
8. Right of First Refusal: Rights to match third-party offers - include when agreed
9. Force Majeure: Provisions for unforeseen circumstances - include for longer-term agreements
10. Green Lease Provisions: Environmental sustainability requirements - include for green buildings or when parties desire
1. Floor Plan: Detailed plans showing the leased premises
2. Rent Schedule: Detailed breakdown of rent payments and escalations
3. Service Charge Schedule: Breakdown of service charges and calculation method
4. Condition Report: Documentation of property condition at lease commencement
5. Building Rules: General rules and regulations for the property
6. Fit-out Specifications: Technical specifications for any permitted modifications
7. Utilities Schedule: Details of utility arrangements and responsibilities
8. Insurance Requirements: Detailed insurance specifications
9. Maintenance Schedule: Detailed maintenance responsibilities and standards
10. Licensed Rights Schedule: Detailed description of any licensed intellectual property or rights
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Retail
Office Space
Industrial
Manufacturing
Hospitality
Technology
Healthcare
Education
Logistics
Warehousing
Entertainment
Food and Beverage
Professional Services
Telecommunications
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Finance
Procurement
Risk and Compliance
Corporate Services
Business Development
Property Management
Asset Management
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Real Estate Director
Facilities Manager
Property Manager
Legal Counsel
Commercial Director
Operations Manager
Asset Manager
Procurement Manager
Business Development Manager
Real Estate Investment Manager
Corporate Services Manager
Risk Manager
Compliance Officer
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