Lease Of A Building For Office - Legal Draft

This Indenture of

lease is made at ................. this ................. day of

................., 2000, between A, son of ................. resident of

................ (hereinafter called "the lessor", which expression shall,

unless repugnant to the context and meaning include his heirs, successors,

administrators and assigns) of the One Part and ........................... a

company incorporated under the Companies Act, 1956 and having its registered

office at ................. (hereinafter called "the Lessee", which

expression shall, unless be repugnant to the context and meaning, include its

successors and assigns) of the Other Part.Whereas the lessor is

absolutely seized and possessed or otherwise well and sufficiently entitled to

the building bearing Municipal No. ................. situated at

..And Whereas on the

request of the Lessee, the lessor has agreed to grant lease in respect of the

demised premises for a term of ................. years in the manner

hereinafter appearing.Now This Deed

Witnesseth As Follows:1.

In

pursuance of the said agreement and in consideration of the rent hereby

reserved and of the covenants, conditions and stipulations hereinafter

contained and on the Lessee's part to be paid, observed and performed, THE

LESSOR HEREBY DEMISES UNTO THE LESSEE ALL THAT the building bearing Municipal

No. situated at (more particularly described in Schedule I

hereto) and hereinafter called as the demised premises, TOGETHER WITH ALL the

fixtures and fittings therein, (a complete list whereof is given in Schedule II

hereto) TOGETHER WITH the electrical installations and together with the right

for the Lessee, its employees, servants, agents, customers and persons

authorised by the Lessee in common with the Lessor and all the persons

authorised by the lessor to use the entrances, door ways, entrance hall, stair

cases, landings and passages in the demised premises for the purpose of ingress

thereto, TO HOLD the demised premises unto the Lessee for the period of

................. years only commencing from the ................. and

determining on ................. but determinable earlier as hereinafter

provided PAYING therefor unto the Lessor during the said term monthly rent of Rs..................

payable by the tenth of each succeeding calendar month to which it relates.2.

The

lessee hereby covenants with the lessor as follows:a. To pay the rent as

aforesaid on the days and in the manner aforesaid.b. To pay rates, taxes,

assessment, duties, cess, impositions, outgoings and burdens whatsoever payable

to State of .................. Municipal Corporation of.................. local

or other authority, which may at any time or from time to lime during the term

hereby created be imposed or charged upon the demised premises.c. To pay the

electricity bills for the electricity consumed for lighting the demised

premises and for operation of Air Conditioners, Fans, Computers and electrical

appliances in the demised premises.d. Not to make any

structural alterations into or upon the demised premises or make any

alterations or addition to the external appearance or any part of the demised

premises without the previous consent of the Lessor in writing.e. To use the demised

premises for office purposes of the Lessee.f. Not to do or suffer

to be done in or upon the demised premises or other parts of the said building

in common with other persons anything whatsoever, which may be or become a

nuisance or annoyance to or in any way interfere with the quiet or comfort of

the Lessor or other Lessees and occupiers of the said building.g. Not to place or keep

or permit to be placed or kept on the demised premises any offensive, dangerous

or highly inflammable or explosive material or any other article or things,

which may constitute a danger, nuisance or annoyance to the demised or

surrounding premises or the owners or occupiers thereof.h. Not to sub-let,

transfer, assign or part with the possession of the demised premises or any

part thereof.i. To permit the Lessor,

his servants, employees or agents duly authorised by him to enter into and upon

the demised premises at all reasonable times for viewing the condition of the

demised premises or doing such works or things as may be requisite or necessary

for any repairs, alteration, servicing or improvements to the demised premises.j. To hand over the

peaceful possession of the demised premises at the end or the sooner

determination of the said term together with all the Lessor's fixtures and

fittings in as good condition as received, fair wear and tear, damage by fire,

acts of God, riots or other civil commotion, war, enemy action and/or other

cause not within the control of the Lessee, being excepted.k. Not to obstruct or

suffer to be obstructed the entrance hall, entrances, doorways, passages,

staircase or lifts.l. To insure and keep

the demised premises insured against loss or damages by fire with an insurance

company approved in writing by the Lessor for an amount which shall be not less

than Rs. .................. unless otherwise agreed to in writing between the

parties.m. To carry minor

repairs in the demised premises not exceeding 9 the extent of Rs. 10,000 per

year.n. To replace all broken

fittings and fixtures by equally good or better substitutes.3.

The

Lessor doth hereby covenant with the Lessee as follows:a. That on the Lessee

paying the rent on the due dates thereof and in the manner herein provided and

observing and performing the covenants, conditions and stipulations herein

contained and on his part to be observed and performed, shall peaceably and

quietly hold, possess and enjoy the demised premises during the term without

any interruption, disturbance, claim and demand by the Lessor or any person

lawfully claiming under or trust for the Lessor.b. To keep the interior,

exterior of the demised premises, the drainage thereof and the water pump in

good and tenable repair and condition.c. To keep the entrance,

door ways, entrance halls, staircases, lobbies and passages in the said

building leading to demised premises well and sufficiently cleaned and lighted

at his own expenses.4.

It

is hereby agreed and declared that these presents are on the express condition,

that if the rent or any part thereof payable in respect of the demised premises

shall be in arrears for a period of two months or by if the Lessee shall omit

to perform or observe any covenants or conditions on the lessee's part herein

contained, the Lessor may re-enter upon the demised premises provided that the

Lessor has served a notice to the Lessee and a period of one month has elapsed

after the issue of such notice, the Lessee does not pay the rent or does not

perform or observe the covenant or condition and thereupon this demise and all

rights of the Lessee hereunder shall determine.It Is Hereby

Expressly Agreed Between The Parties As Follows:a. The lessee shall be

entitled to erect fittings, fixtures, wooden partitions, cabins or make any

such addition or alteration, as may be necessary for its use by the Lessee;

provided that the lessee shall remove the said fittings, fixtures, wooden

partitions, cabins, additions or alterations and restore the demised premises

to the Lessor on the expiry of the term or sooner determination of the lease in

the same condition as existed before making such changes.b. If the Lessor fails

to pay the taxes, charges, assessment payable by him, or fails to carry out the

necessary repairs and other work which he has to carry out as provided herein,

the Lessee may after one month notice in writing, pay, discharge and can out

the same at its own cost and the Lessee may set off the same from the rent

payable to the Lessor under these presents.5.

This

Lease Deed shall be executed in duplicate. The original shall be retained by

the Lessor and the duplicate by the Lessee.6.

The

stamp duty and all other expenses in respect of this Lease Deed and duplicate

thereof shall be borne and paid by the Lessee.7.

The

marginal notes and the catch lines hereto are meant only for convenience of

references and shall not in any way be taken into account in the interpretation

of these presents.IN WITNESS WHEREOF,

the Lessor has set its hand unto these presents and a duplicate hereof and the

Lessee has caused its common seal to be affixed hereunder and a duplicate

hereof on the day, month and year first hereinabove written.The Schedule I above

referred toThe Schedule II above

referred toSigned and delivered

by the within named lessor ......The common seal of

the within named Lessee ..............Pvt. Ltd. was

hereunto affixed pursuant to the resolution of its Board of Directors passed on

the ........... in the presence of Shri ................. and Shri .. ................

Directors who have signed these presents