This license to use agreement template has 4 pages and is a MS Word file type listed under our production & operations documents.
Sample of our license to use agreement template:
LICENSE TO USE AGREEMENT This License to Use Agreement (the "Agreement") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Licensee"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTY NAME] (the "Licensor"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS Licensee wishes to obtain the right to use the Licensor's [SPECIFY EQUIPMENT TO BE USED] (the "Equipment"), located at [FULL ADDRESS]; NOW THEREFORE in consideration of the premises, covenants and agreements contained herein, the parties agree as follows: 1. LICENSE 1.1 Grant Subject to the terms of this Agreement, Licensor grants to Licensee a non-exclusive, non-transferable, royalty free, license to use the Equipment. 1.2 Fee The Licensee shall pay Licensor [AMOUNT] for use of it's Equipment. The Licensee shall reimburse the Licensor for its share of the reasonable operating expenses for the Equipment during the Term, which expenses shall be specifically limited to utilities, repair and maintenance costs, and which expenses shall specifically exclude any technician or administrative costs. 2. WARRANTY, LIABILITY, INDEMNITY 2.1 No Warranties or Conditions Licensor does not represent that the use of the Equipment by Licensee will produce any specific results, that the Equipment will be fit for any purpose, or that the Equipment will not cause any damage or harm, it being the intention of the parties that no liability whatsoever will attach to Licensor out of Licensee's use or inability to use the Equipment. Licensor expressly disclaims any implied warranty or condition of merchantability or fitness for a particular purpose with respect to the Equipment. 2.2 No Recourse Licensee shall have no recourse against Licensor, whether by way of any claim, suit or action for any loss, liability, damage, or cost that Licensee may suffer or incur at any time, by reason of its use or inability to use the Equipment. 2.3 Limit on Liability In no event will Licensor be liable to Licensee for any indirect, incidental, special or consequential damages whatsoever, including but not limited to loss of revenue or profit, lost or damaged data or other commercial or economic loss, arising out of any breach of this Agreement, any use or inability to use the Equipment, or any claim made by a third party, even if Licensor has been advised of the possibility of such damage or claim. 2.4 Indemnity Licensee shall defend, indemnify and hold Licensor harmless from any Claim for any personal injury (including death) or loss of or damage to any property (including the Equipment) caused by any act or omission of Licensee, its licensed affiliates, sub-contractors, agents or employees (collectively the "Licensee's Representatives") in connection with or related to Licensee's or Licensee's Representatives' use of the Equipment. 3. TERM & TERMINATION 3.1 Term This Agreement shall terminate on [DATE], unless terminated earlier in accordance with the provisions of Subsection 3.2. 3.2 Termination by Licensee Licensee may terminate this Agreement by written notice, which termination will be effective [NUMBER] days after receipt thereof. 3.3 Termination by Licensor Licensor may terminate this Agreement by written notice to Licensee, to take effect immediately upon the receipt thereof, if: (a) Licensee commits or permits a breach of any of its covenants or obligations under this Agreement and Licensee has failed to remedy such breach within [NUMBER] days after being required in writing to do so by Licensor;
