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Leave And License Agreement In Respect Of A Part Of The Premises Legal Draft Template

Category Agreements Lease Lisence And Lease Financing
Format
File name Leave and License Agreement In Respect of a Part of The Premises

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This Agreement is

made at ... this ... day of... between Mr. A of ...... hereinafter referred

to as 'the Licensor of the One Part and Mr. B of ... hereinafter referred to

as the 'Licensee' of the Other Part, as follows -Whereas the Licensor

is a tenant of Office premises being Room No. 2 on the ... floor in the

building known as ... and standing on the piece of land bearing Survey. No...

and situate at ... in the City of ...And Whereas the said

premises admeasuring about ... sq. ft. and stand in the name of the Licensor as

a monthly tenant in the record of the owner of the said building and the said

tenancy is still valid and subsisting.And Whereas the

Licensee has approached the Licensor with a request to allow the Licensee to

temporarily occupy and use a portion of the said premises in the said building

admeasuring about ... sq. ft. for carrying on his business, on leave and

license basis for a short time.And Whereas the Licensor

has agreed to grant Leave and incense to the Licensee to occupy and use a

portion of the said tenanted premises and which portion Is shown on the plan

hereto annexed by red boundary line and is hereinafter referred to as the

Licensed Premises, on the following terms and conditions agreed to between the

parties hereto.,Now it is agreed by

and between the parties hereto as follows..-1.

The

Licensor hereby grants Leave and License to the Licensee to occupy and use the

said Licensed Premises for month to month but not exceeding an aggregate period

of eleven months from the date hereof.2.

The

Licensee shall pay to the Licensor a sum of Rs... per 'month as License fee or

compensation to be paid in advance for each month on or before the ... day of

each month.3.

All

the Municipal taxes and other taxes and levies in respect of the Licensed

Premises will be paid by the Licensor alone.4.

The

electric charges and water charges for electric and water consumption In the

said Licensed Premises will be shared and paid by the Licensee to the Licensor

separately and which will bear the same proportion to the total charges payable

by the Licensor which the area of the Licensed Premises bears to the total area

of the tenanted premises of the Licensor.5.

The

Licensed Premises will be used only for carrying on business and for no other

purpose.6.

The

said Licensed Premises are demarcated by a temporary partition by the Licensor

and the same will not be removed by the Licensee.7.

TheLicensee

cart bring his own furniture for the office use but no permanent fittings will

be made to the said premises.8.

The

Licensee, his servants, agents and visitors will have access to the Licensed

premises from the main entrance of the said tenanted premises only during

office hours that is from ... a.m. to ... p.m. except during public holidays.

The Licensee may be allowed to keep his office open out side office hours or on

public holidays only with the consent of the Licensor as a special case.9.

The

key of the lock for the main-entrance of the tenanted premises will remain with

the Licensor and the Licensor can keep the key to the lock of the licensed

premises with himself with the duplicate key thereof remaining with the

Licensee.10.

The

Licensed Premises have normal electricity fittings and fixtures. If the Licensee

desires to have any additional fittings and fixtures. the Licensee may do so at

his cost and in compliance with the rules and with the previous permission of

the Licensor. The Licensee shall remove such fittings and fixtures on the

termination of the license failing which they shall be deemed to be the

property of the Licensor.11.

The

Licensed Premises are given to the Licensee on personal basis and the Licensee

will not be entitled to transfer the benefit of this agreement to anybody else

or will not be entitled to allow anybody else to occupy the premises or any

part thereof. The Licensee shall not be deemed to be in

the exclusive occupation of the Licensed Premises and the Licensor will have

the right to enter upon the premises at any time during working hours to

inspect the premises.12.

The

Licensee shall maintain the licensed premises in good condition and will not

cause any damage thereto. If any damage is caused to the premises or any part

thereof by the Licensee or his employees, servants or agents, the same will be

made good by the Licensee at the cost of the Licensee either by rectifying the

damage or by paying cash compensation as may be determined by the Licensor's

Architect.13.

The

Licensee shall not cause any nuisance or annoyance to the people in the

neighbourhood or store any hazardous goods on the Licensed Premises.14.

If

the Licensee commits a breach of any term of this agreement, then

notwithstanding anything contained the Licensor will be entitled to terminate

this agreement by fifteen days' prior notice to the Licensee.15.

If

for any reason the tenancy of the tenanted premises in favour of the Licensor

is terminated by the owner of the said premises validly or properly the License

hereby granted to the Licensee shall also automatically stand terminated

without any notice being required to be given to the Licensee.16.

The

Licensee will not do any act of omission or commission, which will be

prejudicial to the terms, and conditions of the tenancy in favour of the

Licensor.17.

This

License and this agreement will also stand terminated if the Licensor shall

assign his business carried in the tenanted premises by him as a going concern

alongwith the benefit of the tenancy rights In the said tenanted premises and

in that event the Licensee will vacate the premises.18.

On

the expiration of the said term or period of the License or earlier termination

thereof. as aforesaid the Licensee shall hand over vacant and peaceful

possession of the Licensed Premises to the Licensor in the same condition in

which the premises now exist subject to normal wear and tear and by removing

all his furniture and other things brought in the Licensed Premises. The

Licensee's occupation of the premises after such termination will he deemed to

be that of a trespasser.IN WITNESS WHEREOF

the parties hereto have put their hands the day and year first hereinabove

written.Signed by the

withinnamed Licensor Mr. A, in the presence of ...Signed by the

withinnamed Licensee Mr. B, in the presence of ...

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