License and Security Agreement Sample Contracts

26986 Fish Trap Road ∙ Elberta, Alabama 36530
License and Security Agreement • February 4th, 2022 • Alabama

Owner retains the exclusive care, custody, and control of the Vessel and its contents at all times, and Owner is solely responsible for the Vessel and maintenance thereof. While the Marina will provide labor and equipment, during hours of operation, as specified herein, to remove the Vessel from the water, place the vessel in the designated dry-storage space, and launch the Vessel at Owner’s request, Owner acknowledges and agrees that the Marina assumes no responsibility or liability for any of those activities. Owner further acknowledges that it is solely responsible for preventing the entry of unauthorized persons onto the Vessel.

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