FACILITIES RENTAL AGREEMENT
This Facilities Rental Agreement (“Agreement”), is entered into on March 07, 2021, by and between ThEvent Space, of 81 N Williams St, Crystal Lake, Illinois 60014 (“Lessor”) and Renter, of The Event Host (“Lessee”). The parties hereto, intending to be legally bound, and in consideration of the mutual covenants hereinafter contained, agree as follows:
Lessor, on the dates and times set forth herein, and subject to the terms and conditions of this Agreement, hereby grants to Lessee a license to use ThEvent Space (“Facility”) for the Venue Rental (“Event”).
DATE/TIMES OF PERMITTED USE
Access to the Facility for the Event will commence 1 hour prior to the booked event time on the date of the Event for setup/decoration of your event. you are expected to be out of the premises no later than 5 minutes after your event end time.
Lessee shall pay to Lessor as a rental fee for the use by Lessee of the Facility, the sum of $65.00 per hour, plus all other charges to be paid by Lessee under this Agreement (the “Rental Fee”). Lessee shall deposit the sum of $100.00 with Lessor upon the execution of this Agreement, which sum shall be applied by Lessor to the Rental Fee upon completion of this Agreement. The balance of the Rental Fee shall be paid in full by Lessee 10 days prior to the event date. Deposit will be refund will be initiated no more than 14 days after the event minus any damages or event over stay.
Lessee agrees that it shall, at its sole cost and expense, procure and maintain a policy of commercial general liability insurance (including contractual liability) in an amount not less than $1,000,000.00 per occurrence, $3,000,000.00 in the annual aggregate. Such insurance policies shall be carried with companies licensed to do business in the state, reasonably satisfactory to Lessor and shall be non-cancelable and not subject to material change except after thirty (30) days written notice to Lessor. Lessee shall deliver to Lessor duly executed certificates of insurance upon request. Lessor shall not at any time be liable for damage or injury to persons or property in or upon the Facility.
Lessee shall indemnify, defend and save harmless Lessor, its officers, agents and employees from and against any and all loss, cost (including attorneys’ fees), damage, expense and liability (including statutory liability and liability under workers’ compensation laws) in connection with claims, judgments, damages, penalties, fines, liabilities, losses, suits, administrative proceedings, arising out of any act or neglect by Lessee, its agents, employees, contractors, Lessees, invitees, representatives, in, on or about the Facility. This indemnity shall survive the termination of this Agreement. Lessee hereby releases Lessor from any and all liability or responsibility to Lessee or anyone claiming through or under Lessee by way of subrogation or otherwise for any loss or damage to equipment or property of Lessee covered by any insurance then in force.
Lessee agrees to accept the Facility in its “as-is” condition “with all faults”.
ASSIGNMENT AND SUBLICENSING
Lessee shall not assign any interest in this License Agreement or otherwise transfer or sublicense the Facility or any part thereof or permit the use of the Facility to any party other than Lessee.
Lessor may terminate this Agreement based upon any one or more of the following events:
A. Failure of Lessee to pay the Rental Fee or any other charges due hereunder when the same is due;
B. Lessee fails to perform any of its covenants hereunder. In any of the aforesaid events, and in addition to any and all rights and remedies available to Lessor by law or in equity, Lessor may, with or without further notice, forthwith terminate this Agreement and expel and remove Lessee, or any other person or persons in occupancy from the Facility, together with their goods and chattels, using such force as may be necessary in the judgment of Lessor or its agents in so doing, without evidence of notice or resort to legal process or becoming liable for any loss of damage which may be occasioned thereby, and repossess and enjoy said Facility, and in addition to any other remedy it may have, Lessor may recover from Lessee all damages it may incur by reason of such breach by Lessee.
Lessee shall use the Facility in a manner which shall not cause interference with the use or occupancy of the other portions of the Building by Lessor or others in any way. Lessee’s use hereunder will be done in such a manner so as not to interfere with or impose any additional expense upon Lessor in maintaining the Building.
If any damage occurs to the Facility, or if any repairs or replacements need to be made to the Facility as a result of Lessee’s exercise of its rights under this License, Lessee shall pay Lessor for any such damage, repairs, or replacements upon demand by Lessor.
Lessee may cancel this Agreement at any time up to 30 days prior to the Event Date by providing written notice of such election to Lessor, at no cost to Lessee. If Lessee shall elect to so cancel this agreement between 29 and 15 days prior to the Event Date, Lessee will be charged 20% of the Rental Cost and any expenses incurred in good 14-8 days prior to the Event Date, Lessee will be charged 50% of the Rental Cost and any expenses incurred in good faith by Lessor in preparation for Lessee’s use of the Facility. For cancellations 7 days prior to Event Date, Lessee will be charged 100% of the Rental Costs and any expenses incurred by Lessor.
Any adults drinking must be 21+ years of age. Host is responsible for verifying guest’s age. All damages caused during the event will be charged to the host. ensure they are covered under state law.
This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois. Any legal actions claims, or demands shall be handled in a court of competent jurisdiction within the State of Illinois.
By booking an event with ThEvent Space you therefore agree to this agreement.