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Petrol Pump lease and Revenue Sharing Agreement | Download Free Template
Team Lawyered
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What is a Petrol Pump lease and Revenue Sharing Agreement?
This Petrol pump lease and revenue sharing agreement is entered into between the parties whereby one party is a landowner who has provided his land on lease to the other party who wants to establish and run a petrol pump on that particular land. Here in this agreement, the parties share the revenue generated from the operation of the petrol pump. These agreements are of utmost importance as they very specifically lay down the responsibilities of the parties.
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Why is it made?
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It is made to clear out certain points which may arise and create conflict between the parties.
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It gives an overview and reference of the terms and conditions which will govern the transaction between the parties.
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Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.