Leese Deed
Leese Deed
AND
Wherever the Party of the First Part are a female, body corporate or are
more than one person, the expressions ‘he’, ‘him’, ‘his’, ‘himself’ ‘their’ and
‘its’ in this Agreement shall be deemed to be modified and read suitably.
Both the Party of the First Part and the Party of the Second Part are hereafter
collectively referred to as the ‘Parties’.
WHEREAS :
A. The Party of the First Part has represented to the Party of the
Second Part that the Party of the First Part is the absolute owner
and in possession of a Commercial Premises being Office No.
___, on ___ floor, in admeasuring about _____ square feet
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C. In order to enjoy and fully utilize the said premises, the Party of the
Second Part have requested the Party of the First Part to provide to
the Party of the Second Part, several Amenities, Services and
Facilities and the Party of the First Part has agreed to provide the
same on mutually agreed terms, conditions and on consideration,
as are hereinafter appearing :
1. The Party of the First Part agrees to provide to the Party of the
Second Part within the said premises the following Amenities, Services
and Facilities:
(i)
(ii)
(iii)
(iv)
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(v)
(vi)
2. The Party of the Second Part shall use the interior of the said
premises and the fixtures and fittings therein with due care and caution as
a person of prudence and shall keep and maintain the same in clean and
good order and condition. The Party of the Second Part shall not damage
the same and upon termination of the Lease in terms of the said Lease
Deed, shall leave the same on as is where is basis, but in good order and
condition (reasonable wear and tear and loss or damage by fire, flood,
accident, violence of any army, mob, riots, civil commotion, irresistible
force or Act of God excepted).
4. The Party of the Second Part shall be liable to pay to the Party of
the First Part per month the compensation / service charges for the user of
the said Amenities as under -
payment shall be made on the said Lease being effective in terms of the
said Lease Deed.
6. If there is any increase in Service Tax or any other new taxes are
levied in respect of services being rendered on the compensation payable
hereunder, then the same shall be always borne by the Party of the
Second Part in addition to the monthly compensation payable hereunder.
However, if at any time, government or any other competent authority
shall remove or withdraw the said Service Tax or any other such Tax, then
the Party of the Second Part shall be entitled to not pay / discontinue
paying the same to the Party of the First Part.
7. The compensation for the above shall be paid by the Party of the
Second Part to the Party of the First Part simultaneously with the monthly
Lease rent payable under the said Lease Deed. If any service is not
required by the Party of the Second Part, the Party of the Second Part
shall not be entitled to reduce or stop payment of the service charges
payable hereunder.
8. It is hereby agreed that even if the Party of the Second Part does
not avail of all or any of the aforesaid amenities for any reason
whatsoever, the Party of the Second Part shall still be liable to pay the
same monthly compensation to the Party of the First Part as payable
under Clause 4 above without any deduction there-from, save and except
the agreed deductions as mentioned in the said Clause 4.
10. The stamp duty and registration charges if any, payable on these
presents shall be borne and paid by the parties equally. Each party shall
bear and pay their respective Advocates charges.
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ALL THAT Commercial Premises being Office No. ___, on ___ floor, in
admeasuring about _____ square feet (Super Built Up Area), in the
building known as “______”, situated at :
______________________________________________, Ahmedabad,
constructed on Final Plot No. ____ of T.P.Scheme No.___ situated at
Moje _________ Taluka City Ahmedabad, in the Registration Sub district
Ahmedabad and District of Ahmedabad-4 (Paldi).