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Agreement For Business Centre - Legal Draft

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Category : Agreements Business

THIS

AGREEMENT is executed at ____ this the ___ day of ______BETWEENM/s

________, having its registered office at _________________, carrying on the

business of establishing "Business Centre" at ___________,

represented by its ________, Mr.____, son of Mr. ___, aged about ___years

hereinafter referred to as "The Licensor"'' (Which expression shall,

unless it is repugnant to the context, mean and include the

successors-in-interest, administrators and permitted assigns) of the One PartANDM/s_______.

having it's registered office at No: ____________, represented by its General

Manager Mr. ____, son of Mr. ___, aged about ___ years herein after referred to

as "The Licensee", (Which expression shall, unless it is repugnant to

the context, mean and include the successors-in-interest, administrators and

permitted assigns.) of the Other Part.WHEREASThe

Licensor has represented that it has___ sq feet of vacant premises, in the

business Centre with infrastructure to render ___ office facilities to cater

the needs of persons who are in need of office space.The

Licensee has approached the Licensor to occupy of the said premises and

facilities and the Licensor has agreed to grant the same on mutually agreed

terms and conditions mentioned hereunder:NOW

THEREFORE IN CONSIDERATION OF THE MUTUAL RIGHTS AND OBLIGATIONS OF THE PARTIES

HERETO THIS AGREEMENT WITNESSETH AS FOLLOWS:This

agreement shall be in force for a period of __ months from the date of

execution of this Agreement. In case the Licensee commits any breach of the

terms of this Agreement, or causes any harm or damage to the premises and the

amenities provided, the license hereby granted shall stand terminated without

noticeThe

Licensee shall pay a license fee of Rs.______/- (Rupees ______only) every month

on or before ___ day.The

aforesaid Security Deposits shall be returned on the expiry of this agreement

or on termination thereof or on the Licensee vacating from the said premises.Should

any part of this Agreement for any reason be declared invalid or impossible of

compliance or performance by the parties hereto, such part of the agreement

shall not affect the validity of any remaining provisions, which shall remain

in full force and effect as if this Agreement had been executed with the

invalid portion thereof eliminated.IN

WITNESS WHEREOF the parties hereto have affixed there signatures and seal, on

the day, month and year herein above mentioned.Signed

sealed and delivered by Mr. ___ the ______ of ______the Licensor HereinSigned

sealed and delivered by Mr. ___ the ____ of _____ the Licensee Herein}In

the presence of:(Name,

address and signature of Witnesses)1.2.RECEIVED

the day and the year hereinabove written)and

from the Licensee)a

sum of Rs.___ only )being

security deposit to be paid by the Licensee to the)Centre

by cheque no ---------and)dated

---------and both drawn on the Bank -------)In

the presence of:(Name,

address and signature of Witnesses)1.2.


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