Key Points

1. All payments are to be made in advance by the Licensee.

2. Storage of Goods in the Storage Unit is at the sole risk of the Licensee. The Licensee is advised to take out additional insurance up to the full replacement value of the Goods.

3. The Licensor is not liable for the loss of any Goods stored in the Facility Premises.

4. The Licensee shall not store hazardous, dangerous, illegal, stolen, perishable, odourous, leaking, environmentally harmful or explosive goods in the Facility Premises, and shall keep the Facility Premises and Storage Unit clean and tidy at all times. 

5. The Storage Unit is to be used for storage purposes only. Activities prohibited by the Licensor expressly include residing (lodging), staying for excessive periods of time, eating, smoking, charging appliances electrically, worship, and storing parallel imports.

6. The Licensee must not leave any Goods or items unattended outside the Storage Unit. Any items left unattended in common areas or outside the Licensee’s Storage Unit may, at the Licensor’s sole discretion, be immediately removed, sold, or disposed of at the sole expense and liability of the Licensee.

7. The Facility Premises will only be accessible during access hours as posted by the Licensor and/or the building where the Facility Premises is situated.

8. The Licensor shall have the right to amend the Storage Fee amount, terms and conditions of this Agreement from time to time upon giving not less than 30 days’ notice to the Licensee. Should the Licensee continue to use the Storage Unit on or after the effective date of such amendments, the Licensee shall be deemed to have fully accepted the amendments and shall be bound by the Agreement as amended.

9. A 14-day prior written notice must be given for termination of this Agreement.

10. The Licensee must notify the Licensor in writing of all changes of address, email, or phone number within 48 hours of any such changes.

11. The Licensor is entitled to refuse the Licensee’s access to the Facility and the Storage Unit, and overlock the Licensee’s Storage Unit,  if any fees are not fully paid on time or if the Licensee fails to comply with the terms and conditions of this Agreement.

12. If Storage Fees are overdue by 30 days and remain unpaid in full within 30 days after two clearance notices have been issued (from the dispatch date of the first clearance notice), the Licensor may, without further notice, terminate this Agreement with immediate effect, sever the Licensee’s padlock and enter the Storage Unit, forfeit the Security Deposit, and remove, sell or dispose of any items in the Storage Unit. The possession of and title to all Goods therein shall immediately transfer to the Licensor upon such entry into the Storage Unit.

13. The Licensor has the right to enter the Licensee’s unit in certain circumstances.

14. As a condition for receiving rent-free incentives and Storage Fee discounts, the Licensee shall provide and maintain a payment method acceptable to the Licensor that enables the timely and automatic charging of Storage Fees and other related fees. Should the Licensee fail to do so, the Licensor is entitled to revoke all such incentives and discounts immediately.

15. The Licensee may not use the Security Deposit to offset any Storage Fees. Paid Storage Fees, except for the Security Deposit, are NON-REFUNDABLE.