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1. Parties: Identifies the Landlord (Licensor), Current Tenant (Assignor), and proposed New Tenant (Assignee)
2. Background: Recitals explaining the existing lease arrangement, the desire to assign, and the purpose of this license
3. Definitions: Defines key terms used throughout the document, including 'Lease', 'Property', 'Assignment Date', and 'License Fee'
4. Grant of License: The formal permission granted by the Landlord for the assignment of the lease
5. Conditions of Assignment: Specific conditions that must be met before the assignment can proceed
6. Assignee Covenants: Direct covenants from the proposed new tenant to comply with lease terms
7. Assignor Obligations: Continuing obligations of the current tenant, including any guarantees
8. Fees and Costs: Details of any license fee and responsibility for legal costs
9. Timing and Completion: Timeframe for completing the assignment and any deadline for the license
10. Governing Law: Confirmation that the agreement is governed by Irish law
1. Security Deposit Arrangements: Required when there are specific arrangements for transferring or replacing the security deposit
2. Guarantor Provisions: Include when a guarantor is required for the new tenant
3. Break Clause: Include when specific termination rights are being granted to any party
4. Rent Review Acknowledgment: Required when there is an upcoming or ongoing rent review
5. Works Provisions: Include when the assignment involves ongoing works or alterations
6. Service Charge Reconciliation: Required when there are outstanding service charge calculations to be addressed
1. Schedule 1 - Property Description: Detailed description of the property including any plans or maps
2. Schedule 2 - Original Lease Details: Key details from the original lease including date, parties, and term
3. Schedule 3 - Conditions Precedent: List of conditions that must be satisfied before assignment
4. Schedule 4 - Form of Assignment: Prescribed form of the deed of assignment to be used
5. Schedule 5 - Assignee Information: Details of the proposed assignee including financial information and references
6. Appendix A - Consent Letter: Standard form of the formal consent letter to be issued upon completion
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