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Facility Rental Agreement
"I need a Facility Rental Agreement for a corporate events space in Singapore, with capacity for 200 people, including specific provisions for audio-visual equipment usage and catering services, starting from March 2025 for a 12-month term."
1. Parties: Identification and details of the facility owner/manager and the renter
2. Background: Context of the rental arrangement and facility description
3. Definitions: Key terms used throughout the agreement
4. Rental Terms: Duration, rental fees, payment terms, and deposit requirements
5. Permitted Use: Specified purposes for which the facility may be used
6. Operating Hours: Agreed times for facility access and use
7. Maintenance and Care: Responsibilities for facility upkeep and maintenance
8. Safety and Compliance: Safety requirements and regulatory compliance obligations
9. Liability and Insurance: Risk allocation and insurance requirements
10. Termination: Conditions for ending the agreement
1. Security Deposit: Terms for security deposit, typically used for higher-value or higher-risk rentals
2. Utilities and Services: Allocation of utility costs and additional services when not included in base rental
3. Equipment Use: Terms for use of facility equipment when equipment is included in rental
4. Subletting: Provisions regarding subletting rights for longer-term rentals
5. Force Majeure: Provisions for unforeseen circumstances, typically included in longer-term or high-value agreements
1. Facility Floor Plan: Detailed layout of the rented facility
2. Equipment Inventory: List of equipment included in the rental
3. Fee Schedule: Detailed breakdown of all applicable fees
4. Operating Procedures: Specific procedures for facility use
5. Insurance Requirements: Detailed insurance specifications
6. Safety Guidelines: Safety procedures and emergency protocols
7. Maintenance Schedule: Regular maintenance timeline and responsibilities
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