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Food Truck Lease Agreement
"I need a Food Truck Lease Agreement for my Filipino street food business in Manila, starting March 1, 2025, with revenue sharing terms where the lessor receives 20% of monthly revenue in addition to the base rent."
1. Parties: Identification of the lessor (food truck owner) and lessee (operator), including complete business/personal details
2. Background: Context of the agreement and brief description of the food truck business arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Lease Term: Duration of the lease, including start and end dates, renewal options, and termination conditions
5. Lease Payment Terms: Rental amount, payment schedule, security deposit, and other financial obligations
6. Vehicle Description and Condition: Detailed description of the food truck, including equipment, condition at handover, and return conditions
7. Permitted Use: Allowed business activities, operating hours, and geographical restrictions
8. Maintenance and Repairs: Responsibilities for vehicle maintenance, equipment repairs, and cost allocation
9. Compliance Requirements: Obligations regarding permits, licenses, health certificates, and other regulatory requirements
10. Insurance Requirements: Required insurance coverage for vehicle, liability, and business operations
11. Utilities and Operating Costs: Responsibility for fuel, water, electricity, and other operational costs
12. Default and Remedies: Events of default and corresponding remedies available to either party
13. Termination: Conditions and procedures for early termination of the agreement
14. Governing Law: Application of Philippine law and jurisdiction
15. Signatures: Execution block for all parties
1. Revenue Sharing: Terms for profit-sharing arrangements if applicable to the business model
2. Employee Management: Guidelines for hiring and managing staff if the lessor has specific requirements
3. Branding and Marketing: Requirements for maintaining specific branding or marketing standards
4. Non-Competition: Restrictions on competing businesses during and after the lease term
5. Assignment and Subletting: Rights and restrictions regarding transfer of lease rights
6. Force Majeure: Provisions for unforeseen circumstances affecting operations
7. Environmental Compliance: Specific environmental responsibilities and waste management requirements
8. Training Requirements: Required training programs for operating the food truck and equipment
1. Schedule A - Vehicle Specifications: Detailed technical specifications of the food truck and included equipment
2. Schedule B - Inventory List: Itemized list of all equipment, utensils, and fixtures included in the lease
3. Schedule C - Maintenance Schedule: Required maintenance procedures and schedules for vehicle and equipment
4. Schedule D - Operating Procedures: Standard operating procedures for food truck operation
5. Schedule E - Required Permits: List of required permits and licenses with renewal dates
6. Schedule F - Inspection Checklist: Vehicle and equipment condition checklist for handover and return
7. Schedule G - Approved Locations: List of approved operating locations and any specific requirements
8. Appendix 1 - Insurance Requirements: Detailed insurance coverage requirements and minimum limits
Authors
Food Service
Restaurant Industry
Mobile Food Vending
Vehicle Leasing
Food and Beverage
Hospitality
Transportation
Small Business
Street Food Industry
Equipment Leasing
Legal
Operations
Compliance
Risk Management
Property Management
Business Development
Fleet Management
Contract Administration
Food Service Operations
Procurement
Food Truck Owner
Restaurant Manager
Business Development Manager
Fleet Manager
Operations Manager
Legal Counsel
Compliance Officer
Food Service Entrepreneur
Contract Administrator
Risk Manager
Property Manager
Food Service Operations Director
Business Owner
Franchise Manager
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