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The License Rental Agreement is designed for situations where businesses need to combine the rental of physical space with the licensing of specific equipment, technology, or intellectual property rights. This type of agreement is particularly relevant in modern business arrangements where traditional property rental needs to be integrated with technology or equipment usage rights. The document, governed by Austrian law, provides a comprehensive framework that addresses both the rental aspects (governed by the Austrian Civil Code and Rental Act) and licensing components (subject to intellectual property laws and commercial regulations). It is commonly used in scenarios such as technology facilities, specialized manufacturing spaces, or smart office environments where the rental space and licensed elements are intrinsically linked. The agreement includes detailed provisions for both aspects, ensuring clear delineation of rights, responsibilities, and obligations under Austrian jurisdiction.

1. Parties: Identification and details of the licensor/landlord and licensee/tenant, including registration numbers and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the license rental arrangement

3. Definitions: Definitions of key terms used throughout the agreement, including Licensed Property, Rental Space, Permitted Use, etc.

4. Grant of License and Rental Rights: Scope of the license and rental rights being granted, including any territorial restrictions and permitted uses

5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination

6. Payment Terms: License fees, rental payments, payment schedule, late payment consequences, and any review mechanisms

7. Maintenance and Support: Responsibilities for maintenance of both physical space and licensed items

8. Use Restrictions: Limitations on use of both the licensed items and rental space

9. Intellectual Property Rights: Ownership of IP, protection of rights, and handling of improvements or modifications

10. Warranties and Representations: Warranties regarding ownership, right to license, condition of rental space

11. Liability and Indemnification: Limitation of liability, indemnification obligations, and insurance requirements

12. Confidentiality: Protection of confidential information shared during the agreement

13. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including force majeure, notices, and assignment