This CARPARK RENTAL AGREEMENT is entered into on 04 May 2024

Between

(1)            PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Licensor")

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Licensee")

Whereas

The Licensor shall grant and the Licensee shall occupy the Carpark Space at Premises for the Term of Licence (as defined below) and both parties agree to observe and perform the terms and conditions as follows: 

1. Licence 

The Licensor hereby grants to the Licensee permission to the carpark space (the "Space") at ADDRESS (the “Premises”) as the Licensor shall from time to time designate for a term of TERM months, commencing on COMMENCEMENT_DATE and expiring on END_DATE. 

2. Licence Fee

2.1 The Licence Fee is CURRENCY RENT on a PERIOD basis, the licence fee includes fixtures, fittings and equipment, and other items and fees as listed in the Schedule (if any).

2.2 The Licensee shall make PERIOD payment in full, the Licence Fee is payable on the first day of each period beginning with the first payment on or before COMMENCEMENT_DATE. 

2.3 For the avoidance of doubt, the Licensee shall not be entitled to use the Premises until the Deposit and the initial Licence Fee has been paid in full. 

2.4 The Licence Fee cannot be increased during the term of this Licence.

3. Deposit

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