The Michigan Exhibition Space Agreement is a legally binding contract between a party or organization seeking to rent exhibition space in Michigan and the owner or manager of the said space. This agreement governs the terms and conditions under which the exhibition space is rented, outlining the rights, responsibilities, and obligations of both parties involved. The agreement typically begins with a preamble that identifies the parties involved, their addresses, and the purpose of the agreement. It then proceeds to elaborate on various clauses and provisions related to the exhibition space rental. The key aspects covered in a Michigan Exhibition Space Agreement may include: 1. Definitions: This section clarifies the terms used throughout the agreement, ensuring mutual understanding between the parties. It may define terms such as "exhibition space," "rental period," "rent," "security deposit," etc. 2. Exhibition Space Details: The agreement should provide a detailed description of the exhibition space being rented. This includes its physical location, dimensions, facilities provided (e.g., electricity, lighting, Internet access), and any specific restrictions or limitations. 3. Rental Period: The agreement specifies the dates and times during which the exhibition space will be available to the renter. It may also address additional provisions for setup and tear-down periods. 4. Rent and Payment Terms: This clause outlines the rental fees, including the amount and mode of payment. It may specify whether the rent is paid on a daily, weekly, or monthly basis, and the consequences of late or non-payment of rent. 5. Security Deposit: Often, a security deposit is required to safeguard against any damages caused to the exhibition space during the rental period. The agreement should clearly state the amount of the security deposit, its refund ability, and the conditions under which it may be partially or fully withheld. 6. Insurance: The agreement may require the renter to obtain appropriate insurance coverage to protect against potential liability claims arising from the exhibition. It may also specify the limits and types of insurance required. 7. Use of Space: This section governs the permissible uses of the exhibition space, ensuring compliance with applicable laws, regulations, and ethical standards. It may prohibit activities that may cause damage, noise disturbances, or pose a risk to public safety. 8. Indemnification: The agreement typically includes indemnification clauses, where the renter indemnifies and holds the exhibition space owner harmless from any damages, liabilities, claims, or losses arising out of the renter's use of the space. 9. Termination: This clause outlines the circumstances under which the agreement may be terminated by either party, such as breach of terms, non-payment, or force majeure events. It should specify the consequences of termination, including any applicable penalties or dispute resolution mechanisms. It's important to note that the specific terms and provisions of a Michigan Exhibition Space Agreement may vary depending on the nature of the exhibition space (e.g., art gallery, convention center, trade show booth), the rental period, and any additional services or amenities provided. Different types of Michigan Exhibition Space Agreements may include art gallery rental agreements, conference center rental agreements, and trade show booth rental agreements, among others.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.