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License Agreements

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LA 1393 High Tech Executive Suites License Agreement

This form is a contractual revocable license agreement (in lieu of a lease) for a tenant (referred to in the License as the Client) taking space in an executive suites complex. In addition to the office(s) provided, the landlord (referred to in the License as the Owner) also provides high tech communications services to the Client.

The characterization of the transaction as a license by the Owner (as opposed to a lease) is presumably to avoid having to use traditional remedies (i.e., unlawful detainer, etc.) in the event of tenant default. Here, the Owner apparently hopes to use the contractual remedies contained in the license in lieu of traditional real estate lease remedies.

Number of Single Spaced Pages: 18

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LA1393

LA 235 Telecommunications Equipment License Agreement for Space in a High Rise Office Building

This License Agreement permits a telecommunications vendor to locate equipment in an office building. The agreement is characterized as a license agreement to avoid the possessory rights that accrue to the tenant under a lease agreement.

The licensee (the telecommunications company) receives the right to locate its equipment in a suite in the office building, and the licensor (landlord) gets paid for allowing the licensee to do so.

Number of Single Spaced Pages: 12

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LA235

LA 1387 Professional Sports Stadium Luxury Box License Agreement

This form is a license agreement for a private box in a stadium which features National Football League (NFL) and Major League Baseball (MLB) sporting events.

The Owner of the box licenses its use to the Licensee for a period of years. Furnishings and decor of the box are specified, as well as rights for tickets, parking and use of the box.

Number of Single Spaced Pages: 19

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LA1387

LA 129 Pro-Owner License Agreement For Parking Lot With Percentage Rent Payable By Operator Licensee

This is a license agreement whereby a property owner licenses the property to a parking lot operator who manages the parking lot operation. The licensee pays the owner (licensor) fixed and percentage rent.

Number of Single Spaced Pages: 15

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LA129