Terms and Conditions
For valuable consideration, I, (hereinafter “I” or “Licensee”), knowingly enter into this Space License Agreement (hereinafter the “Agreement”) with The Makers Space, LLC (hereinafter “MAKERS” or “Licensor”), pertaining to that certain commercial real property located at 92 Lenora Street, Seattle, Washington, where under I will comply with the following covenants, terms and conditions on the days of usage of the space.
I agree to make payment in the amount of $35 due on every day of usage of the space. I understand that if payment is not received within five days of the due date then Makers shall assess a late fee equal to seventy five dollars ($75) for each day the payment is late. If payment is returned for any reason (i.e. insufficient funds), Makers shall assess a fee of thirty dollars ($30) to cover costs and shall reserve the right to suspend this Agreement.
I covenant and agree not to: Maintain or store any inventory of goods upon the premises; Use the Premises for illegal purposes; Tamper with, damage, borrow, or remove property kept in another Licensee’s area without their express permission; Cause or permit any hazardous substance to be used, stored, generated, released or disposed of on or in the Premises. “Hazardous” shall be determined in sole discretion of MAKERS; and/or Act in a manner that, in MAKERS sole discretion, does or is likely to adversely affect the peaceful operation and enjoyment of the premises of MAKERS, or the building, including without limitation creating any disturbance to occupants of the MAKERS premises or the greater building or their employees, licensees, guests or contractors. I have read, understand, and acknowledge that: This Agreement with MAKERS is a license whereby MAKERS has licensed my use and occupation of a designated space and common area (hereinafter the “Premises”) pursuant to the covenants, terms and conditions of the Agreement. This Agreement with MAKERS does not constitute a lease for real property or otherwise. Makers, at its discretion, may require a background or credit check prior to executing this Agreement. I am responsible for all guests I bring into the space under the policies outlined in this document. I must maintain both my area and the common areas shared by multiple licensees in a neat, clean and in a sanitary condition. I agree to comply with all rules of the Premises as posted from time to time. Any signs, symbols, or pictures that I wish to place in the windows or doors of the premises, or upon any interior part of the building shall be subject to the approval of MAKERS, which can deny approval of the same for any or no reason. I agree to provide MAKERS with written notice of my intent to terminate my membership no later than thirty (30) days prior to the effective date of termination. If a security deposit was paid, it will be refunded in full after the termination of this agreement unless I have failed to comply with any of the covenants, terms and conditions of this Agreement. Neither Makers, nor its insurance provider Liberty Northwest Insurance, nor their respective agents shall be liable for any damage to property or injury to persons suffered or alleged to be suffered on the Premises by Licensee, or it officers, contractors, agents, employees, invitees, guests, or other visitors (collectively “Guests of Licensee”). Further, the Licensee agrees to defend and hold Makers, and Liberty Northwest Insurance, and their respective agents harmless from, any claim, action and/or judgment for damages to property or injury to persons suffered or alleged to be suffered on the Premises by any Licensee or Guests of Licensee. Licensee agrees also to indemnify, defend and hold Makers, Liberty Northwest Insurance, and their respective agents harmless from and against all loss, cost and expense, including attorneys’ fees, arising from any act, or omissions of negligence of Licensee or Guests of Licensee. In no event, and under no circumstances, will Makers, Liberty Northwest Insurance, or their respective agents be liable for any incidental, special, punitive, consequential damages whatsoever. Further, the maximum liability of Makers, and Liberty Northwest Insurance, and their respective agents in connection with this agreement for any reason whatsoever shall in no circumstances exceed the amounts paid by Licensor under this Agreement. I understand that the parties to this Agreement are independent of one another. I understand that I may not assign, sublease, or otherwise transfer this agreement. This Agreement represents the entire understanding of the parties and supersedes all other prior statements whether or oral or written. This Agreement may not be amended without the prior written consent of both parties. If any term of this Agreement is found to be unenforceable then such term shall be deemed severed, and the remaining Agreement shall be in full force and effect. This Agreement shall be governed by the laws of the state of Washington. Any disputes hereunder shall first be settled by non-binding mediation, and if no resolution is reached, then by binding arbitration in King County, WA based on rules mutually agreed upon by the parties. In all such instances, the prevailing party shall be entitled to recover costs and attorney’s fees incurred.
By clicking accept, I represent that I have read the foregoing covenants, terms and conditions in their entirety. I am authorized to execute this agreement. I hereby understand and agree to comply with the covenants, terms and conditions of the Agreement.