The Billboard Lease Agreement is essential for businesses engaged in outdoor advertising in Saudi Arabia, providing a legally compliant framework for billboard installation and operation. This document is typically used when a property owner wishes to lease space to an advertising company for billboard installation, whether for traditional or digital billboards. The agreement must comply with Saudi municipal regulations, building codes, and advertising standards, including specific requirements from the Saudi General Authority for Outdoor Advertising. It includes detailed provisions for structural specifications, maintenance obligations, content restrictions, and necessary permits, while ensuring alignment with Islamic law principles. The Billboard Lease Agreement is particularly important given Saudi Arabia's growing outdoor advertising market and strict regulatory environment.
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1. Parties: Identification of the lessor (property owner) and lessee (advertising company), including full legal names, addresses, and commercial registration details
2. Background: Context of the agreement, including property location and purpose of the lease
3. Definitions: Key terms used throughout the agreement including technical specifications and regulatory references
4. Grant of Lease: Specific rights being granted, including access, installation, and usage rights
5. Term and Renewal: Duration of the lease, commencement date, and renewal provisions
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and late payment consequences
7. Permits and Compliance: Requirements for obtaining and maintaining necessary permits, compliance with Saudi regulations
8. Installation and Maintenance: Responsibilities for billboard installation, maintenance, repairs, and structural integrity
9. Insurance and Liability: Required insurance coverage and allocation of risks between parties
10. Advertising Content: Content restrictions, approval process, and compliance with Saudi advertising standards
11. Access Rights: Terms for accessing the billboard for maintenance, repairs, and content changes
12. Termination: Grounds for termination, notice requirements, and consequences
13. Governing Law: Application of Saudi law and dispute resolution procedures
1. Digital Billboard Provisions: Specific terms for digital billboards including technical requirements and content rotation
2. Multiple Location Terms: Additional provisions for agreements covering multiple billboard locations
3. Revenue Sharing: Terms for arrangements where rent is based on advertising revenue
4. Force Majeure: Provisions for unforeseen circumstances affecting billboard operation
5. Environmental Impact: Additional environmental compliance requirements for sensitive locations
6. Utilities: Terms regarding electricity supply and payment for illuminated or digital billboards
7. Sublease Rights: Terms permitting or prohibiting sublease of billboard space
1. Schedule 1 - Property Details: Detailed description of property location, access points, and billboard placement coordinates
2. Schedule 2 - Technical Specifications: Billboard dimensions, structural specifications, and technical requirements
3. Schedule 3 - Permitted Advertising Content: Guidelines and restrictions for advertising content in compliance with Saudi standards
4. Schedule 4 - Maintenance Schedule: Required maintenance activities and their frequency
5. Schedule 5 - Insurance Requirements: Detailed insurance coverage requirements and minimum coverage amounts
6. Schedule 6 - Permit Copies: Copies of all required permits and authorizations
7. Appendix A - Site Plans: Detailed drawings showing billboard location, orientation, and access routes
8. Appendix B - Photography: Photographs of the installation site and surrounding area
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Advertising and Marketing
Media and Entertainment
Construction and Installation
Property Management
Retail
Commercial Property
Outdoor Advertising
Urban Development
Relevant Teams
Legal
Real Estate
Operations
Facilities Management
Marketing
Business Development
Compliance
Risk Management
Property Management
Commercial Development
Relevant Roles
Real Estate Manager
Property Manager
Advertising Director
Legal Counsel
Compliance Officer
Operations Manager
Business Development Manager
Facilities Manager
Contract Administrator
Marketing Director
Asset Manager
Commercial Lease Manager
Outdoor Media Specialist
Risk Management Officer
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