The Revocable License agreement is commonly used in Ireland when one party wishes to grant another party permission to use specific property, rights, or facilities while maintaining the ability to terminate such permission at their discretion. This document type is particularly useful for situations requiring flexible arrangements or where the licensor needs to retain significant control over the licensed subject matter. The agreement is structured in accordance with Irish law and typically includes detailed provisions regarding the scope of the license, conditions of use, termination rights, and the parties' respective obligations. It can be applied to various contexts, from property use to intellectual property rights, and is designed to protect the licensor's interests while providing clear parameters for the licensee's permitted activities.
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1. Parties: Identifies and defines the Licensor and Licensee with full legal names and addresses
2. Background: Sets out the context of the license and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Grant of License: Specifies the exact rights being granted and their scope
5. Term and Termination: Details the duration of the license and the circumstances under which it can be revoked
6. License Fee: Specifies any payments required for the license
7. Licensee's Obligations: Lists the responsibilities and restrictions placed on the Licensee
8. Licensor's Rights: Outlines the Licensor's retained rights, including right to revoke
9. Representations and Warranties: Contains basic warranties about the right to grant the license
10. Liability and Indemnification: Addresses risk allocation between parties
11. Governing Law: Confirms Irish law as governing law and jurisdiction
12. Execution: Signature blocks and execution provisions
1. Insurance: Required when the licensed activity carries significant risks requiring insurance coverage
2. Intellectual Property: Needed when the license involves use of tradenames, copyrights, or other IP
3. Confidentiality: Include when sensitive information will be shared between parties
4. Assignment and Sublicensing: Include if transfer rights need to be explicitly addressed
5. Data Protection: Required when personal data processing is involved
6. Force Majeure: Optional clause for handling unforeseen circumstances
7. Environmental Obligations: Include for licenses involving property or activities with environmental impact
8. Health and Safety: Required when license involves on-site activities or public access
1. Schedule 1 - Licensed Property/Rights: Detailed description of what is being licensed
2. Schedule 2 - Fee Schedule: Detailed breakdown of license fees and payment terms
3. Schedule 3 - Permitted Use: Specific details of how the licensed property/rights may be used
4. Schedule 4 - Technical Requirements: Any technical specifications or requirements for the license
5. Appendix A - Site Plan: Required for licenses involving property or specific locations
6. Appendix B - Required Notices: Format and content of any required notices between parties
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