[{"id":"73e6d12d-2ada-405b-94a9-00b2577ae508","order":1,"text":"COMMERCIAL LEASE AGREEMENT","fontSize":"20","textAlign":"center","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"f3c4bece-5a27-40b1-ad0d-0bba57f02fbc","order":2,"text":"(Lease Deed — Transfer of Property Act, 1882)","fontSize":"12","textAlign":"center","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"635407a7-aae7-4df1-8d4d-d3e2d1f93a0b","order":3,"text":"This Commercial Lease Agreement (the "Agreement" or "Lease Deed") is made and executed at [Place of execution] on this [Date of execution].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"afc7e6b7-f403-4239-8520-e1b8698966a0","order":4,"text":"BY AND BETWEEN","fontSize":"14","textAlign":"center","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a8f99ddf-a781-4e78-988c-e8558a66f283","order":5,"text":"[Lessor full name], [S/o, D/o, W/o] [Father's / husband's name], aged [Age] years, holding PAN [PAN], residing at [Lessor address] (hereinafter referred to as the "Lessor", which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its heirs, legal representatives, executors, administrators, successors and permitted assigns);","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"ab6f3d65-e012-4a97-8b7a-5f50bc48e1e4","value":"Company","type":"remove","operator":"="}]},{"id":"bb19376e-e947-4ab7-9358-b49d19f4fdde","order":6,"text":"[Lessor entity name], a [Company / LLP / firm] incorporated under the laws of India, having its registered office at [Registered office address], holding PAN [Entity PAN] and CIN/Registration No. [CIN / LLPIN / Reg. No.], represented herein by its authorised signatory [Authorised signatory name], [Designation], duly authorised vide [Board resolution / authority dated] (hereinafter referred to as the "Lessor", which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors-in-interest and permitted assigns);","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"ab6f3d65-e012-4a97-8b7a-5f50bc48e1e4","value":"Individual","type":"remove","operator":"="}]},{"id":"80b87b0a-21b5-4dd9-9aa2-2c26f815020c","order":7,"text":"AND","fontSize":"14","textAlign":"center","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"marginTop":"6"},{"id":"52c51154-4afb-46e5-b774-9e62693ff302","order":8,"text":"[Lessee full name], [S/o, D/o, W/o] [Father's / husband's name], aged [Age] years, holding PAN [PAN], residing at [Lessee address] (hereinafter referred to as the "Lessee", which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its heirs, legal representatives, executors, administrators, successors and permitted assigns);","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b6ecfdba-5df1-4349-be54-1ae32bc6b1cf","value":"Company","type":"remove","operator":"="}]},{"id":"0881c2e3-6c75-4427-a30b-9fc913ecc581","order":9,"text":"[Lessee entity name], a [Company / LLP / firm] incorporated under the laws of India, having its registered office at [Registered office address], holding PAN [Entity PAN] and CIN/Registration No. [CIN / LLPIN / Reg. No.], represented herein by its authorised signatory [Authorised signatory name], [Designation], duly authorised vide [Board resolution / authority dated] (hereinafter referred to as the "Lessee", which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors-in-interest and permitted assigns).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"b6ecfdba-5df1-4349-be54-1ae32bc6b1cf","value":"Individual","type":"remove","operator":"="}]},{"id":"072f5d1b-7125-4e45-b3d6-94e27554845e","order":10,"text":"The Lessor and the Lessee are hereinafter individually referred to as a "Party" and collectively as the "Parties".","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"marginTop":"6"},{"id":"1eb529e2-e47d-4370-8bb0-9c8f772d33ff","order":11,"text":"WHEREAS:","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"0de5854f-856a-477f-857e-d27e05a2672d","order":12,"text":"(a) The Lessor is the absolute, sole and lawful owner, seized and possessed of and otherwise well and sufficiently entitled to the commercial premises more particularly described in the Schedule hereunder written (the "Demised Premises"), with full right, power and authority to grant a lease thereof.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"671d43a3-5b7a-4632-8403-ba760a770ac3","order":13,"text":"(b) The Lessee, being desirous of taking the Demised Premises on lease for carrying on its lawful commercial activities, approached the Lessor; and the Lessor has agreed to grant, and the Lessee has agreed to take, the Demised Premises on lease on the terms and conditions hereinafter appearing.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"82e249a7-9c54-4416-8b80-10f86d9d4839","order":14,"text":"(c) The Parties are entering into this Lease Deed to record the terms agreed between them and intend the same to be duly stamped and registered in accordance with applicable law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"be30c2aa-acfd-44dd-8c5f-855ef0725be1","order":15,"text":"NOW THIS DEED WITNESSETH and it is hereby agreed by and between the Parties as follows:","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"6f23692d-c9d4-4970-a34b-0bf4aea2a852","order":16,"text":"1. DEFINITIONS AND INTERPRETATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S01"},{"id":"c3cd6520-74b1-4cbd-8306-c09853b1fa0e","order":17,"text":"In this Lease Deed, unless the context otherwise requires: "Lease Term" means the term of the lease specified herein together with any duly agreed renewal; "Rent" means the monthly rent payable by the Lessee; "Security Deposit" means the interest-free refundable deposit specified herein; "Lock-in Period" means the minimum committed period during which neither Party may terminate the lease except for default; and "Applicable Law" means all statutes, rules and regulations of India in force from time to time, including the Transfer of Property Act, 1882. The headings are for convenience only and shall not affect the construction of this Lease Deed. Words importing the singular include the plural and vice versa.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"17e73891-ff7d-41a8-9b72-5f7cc060b6cc","order":18,"text":"2. DEMISED PREMISES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S02"},{"id":"bff481d9-752f-4dc9-88c1-fb76e6df71c3","order":19,"text":"The Lessor hereby demises unto the Lessee the commercial premises situated at [Address of the demised premises], admeasuring approximately [Area] [sq. ft. / sq. m.] of [carpet / super built-up] area, together with the right to use the common areas, [Parking / amenities included], as more particularly described in the Schedule hereto (the "Demised Premises"). The Demised Premises are let for commercial use only and the Lessee shall take the same on an "as-is-where-is" basis after satisfying itself as to its condition, title and fitness for the intended use.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"f0d680c4-2769-48aa-b0a7-038830e576d9","order":20,"text":"3. GRANT AND TERM OF LEASE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S03"},{"id":"c463d878-cb0f-473d-83af-fee932101992","order":21,"text":"In consideration of the Rent hereby reserved and the covenants on the part of the Lessee herein contained, the Lessor hereby grants and demises unto the Lessee the Demised Premises for a term of [Lease term, e.g. 5 years] commencing from [Commencement date] and, unless sooner determined in accordance with this Lease Deed, expiring on [Expiry date] (the "Lease Term"). The Lessee shall be entitled to peaceful and uninterrupted possession and enjoyment of the Demised Premises during the Lease Term, subject to due performance of its obligations hereunder. In accordance with Section 107 of the Transfer of Property Act, 1882, the Lease Term shall not exceed the maximum period permissible under Applicable Law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"5745d296-bb00-49d7-a21f-9f4311a96016","order":22,"text":"4. POSSESSION, HANDOVER AND CONDITION REPORT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S04"},{"id":"0529a28a-7616-41cf-bda1-2ccca1b3eee6","order":23,"text":"The Lessor shall hand over vacant, peaceful and physical possession of the Demised Premises to the Lessee on [Date of handover of possession], in a condition fit for the Permitted Use. At the time of handover, the Parties shall jointly inspect the Demised Premises and record their condition, together with an inventory of any fixtures, fittings and equipment provided by the Lessor, in a condition report to be signed by both Parties and annexed to this Lease Deed. The Lessee shall, on the expiry or sooner determination of the lease, hand back the Demised Premises in the same condition as recorded in the said condition report, normal wear and tear excepted. The Lessor grants the Lessee a fit-out / rent-free period of [Fit-out / rent-free period, e.g. 30 days] from the date of handover, during which the Lessee may carry out its fit-out works and no Rent shall be payable, save that all other obligations (including utilities and maintenance attributable to the Lessee) shall apply from the date of handover.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"6ab86d81-afb1-4e23-a58a-3608bf7f398a","order":24,"text":"5. LOCK-IN PERIOD","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S05"},{"id":"fdf5c905-9f5d-42b6-b1b8-4d5532f7411f","order":25,"text":"The Parties agree to a lock-in period of [Lock-in period, e.g. 24 months] from the commencement of the Lease Term (the "Lock-in Period"), during which neither Party shall be entitled to terminate this Lease Deed save and except in the event of a material breach that remains uncured after notice as provided herein. Should the Lessee vacate or seek to terminate the lease during the Lock-in Period for any reason other than an uncured material default by the Lessor, the Lessee shall remain liable to pay the Rent for the unexpired portion of the Lock-in Period, which sum the Lessor shall be entitled to appropriate from the Security Deposit and otherwise recover. Should the Lessor terminate or disturb the Lessee's possession during the Lock-in Period otherwise than for an uncured material default by the Lessee, the Lessor shall refund the Security Deposit in full and compensate the Lessee for the Rent paid in respect of the unexpired portion of the Lock-in Period.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"490dbc20-9b58-44a2-b4ad-c09fc3726f6b","order":26,"text":"6. RENT AND MODE OF PAYMENT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S06"},{"id":"5a2e0d8b-cdca-40d2-ab93-578bbb5dd8e8","order":27,"text":"The Lessee shall pay to the Lessor a monthly Rent of INR [Monthly rent in figures] (Rupees [Monthly rent in words] only), payable in advance on or before the [Day, e.g. 7th] day of each calendar month, by bank transfer to the account nominated in writing by the Lessor. The first month's Rent shall be paid on or before the commencement of the Lease Term, and Rent for any part of a month shall be calculated on a pro-rata basis. Any Rent remaining unpaid beyond [Number] days of the due date shall carry interest at [Interest rate, e.g. 18% p.a.] until paid, without prejudice to the Lessor's other rights and remedies.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"01bb42d9-0370-4c62-a2b2-8e356922b14d","order":28,"text":"7. RENT ESCALATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"929de251-24f3-4af6-9775-da4821b26a84","value":"1","type":"add","operator":"="}],"sectionNum":"S07"},{"id":"03845288-dd3c-441c-991f-628b248eb9e2","order":29,"text":"The monthly Rent shall stand enhanced by [Escalation rate, e.g. 5%] over the Rent payable in the immediately preceding period, such escalation taking effect at the end of every [Escalation cycle, e.g. 12 months] during the subsistence of the lease (including any renewed term). The escalated Rent shall be payable in the same manner as set out in the Article entitled "Rent and Mode of Payment", and no separate notice or further deed shall be necessary to give effect to such escalation.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"displayConditions":[{"field":"929de251-24f3-4af6-9775-da4821b26a84","value":"1","type":"add","operator":"="}]},{"id":"40844954-d271-48fc-9073-5874009e4cf2","order":30,"text":"8. SECURITY DEPOSIT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S08"},{"id":"ea68be46-3ec5-4d38-b772-5d4bd9b3e427","order":31,"text":"On or before the commencement of the Lease Term, the Lessee shall pay to the Lessor an interest-free refundable Security Deposit equivalent to [Number of months, default 6] months' Rent, being INR [Security deposit in figures] (Rupees [Security deposit in words] only), in line with prevailing market practice for commercial tenancies under the Model Tenancy Act, 2021. The Security Deposit shall be held by the Lessor as security for the due performance of the Lessee's obligations and shall be refunded to the Lessee within [Number] days of the expiry or sooner determination of the lease and handover of vacant and peaceful possession, after deducting any arrears of Rent, unpaid charges, or the cost of making good any damage (other than normal wear and tear). The Lessor shall not be entitled to adjust the Security Deposit against monthly Rent during the subsistence of the lease.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"8aac73fc-c41b-47d8-99c2-d0cf98861983","order":32,"text":"9. PERMITTED USE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S09"},{"id":"cafd8019-4f3b-4d5f-b956-bcf612b0e789","order":33,"text":"The Lessee shall use the Demised Premises solely for the purpose of [Permitted business use, e.g. office / retail showroom] and for no other purpose whatsoever, without the prior written consent of the Lessor. The Lessee shall not use or permit the Demised Premises to be used for any unlawful, immoral, hazardous, or nuisance-causing purpose, nor for any activity prohibited under Applicable Law or under the byelaws of the building or society, and shall obtain and maintain at its own cost all licences, permits and approvals required for its business.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"2f1a9e99-ce92-41a3-9d36-76a66d759dde","order":34,"text":"10. TAXES, GST AND TDS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S10"},{"id":"2898ed9c-1b3f-40bd-a086-9e5adc771273","order":35,"text":"The Lessor shall bear and pay all municipal taxes, property taxes and other statutory levies assessed on the ownership of the Demised Premises. Goods and Services Tax (GST), where applicable on the supply of renting of immovable property for commercial use, shall be charged by the Lessor and borne by the Lessee at the prevailing rate. The Lessee shall be entitled and obliged, where required under Section 194-I of the Income-tax Act, 1961, to deduct tax at source (TDS) from the Rent and to deposit the same with the appropriate authority, furnishing the Lessor with the requisite TDS certificate. Charges for actual consumption of utilities and any usage-based levies shall be borne by the Lessee.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"846915f0-5aeb-4b96-b4d4-1efcfa59a710","order":36,"text":"11. MAINTENANCE AND REPAIRS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S11"},{"id":"778d5323-eef6-4f26-a54d-3e2f3c8516a9","order":37,"text":"The Lessor shall, at its own cost, be responsible for major structural repairs to the Demised Premises, save where such repairs are necessitated by the act, default or negligence of the Lessee. The Lessee shall, at its own cost, keep the interior of the Demised Premises and all fittings and fixtures in good and tenantable condition (normal wear and tear excepted) and shall be responsible for day-to-day maintenance and minor repairs. Monthly maintenance or common-area charges levied by the building or society shall be borne by [Lessee / Lessor]. The Lessee shall, on the expiry or sooner determination of the lease, hand over the Demised Premises in the same condition in which they were handed over, normal wear and tear excepted, in accordance with Section 108 of the Transfer of Property Act, 1882.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"c9a4721b-9c33-42aa-9109-60274f59647b","order":38,"text":"12. UTILITIES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S12"},{"id":"37e17445-70b9-4b72-b265-c929040a5539","order":39,"text":"The Lessee shall punctually pay all charges for electricity, water, telephone, internet and other utilities consumed at the Demised Premises during the Lease Term, as per the meters installed or as apportioned by the Lessor or the building authority. The Lessee shall keep the Lessor fully indemnified against any default in payment of such charges and shall ensure that no statutory connection is disconnected on account of its default.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"cb1c6f38-bbca-472c-b309-f045aa0c7e5a","order":40,"text":"13. COVENANTS OF THE LESSEE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S13"},{"id":"d4ca8fb5-764f-4541-b1b2-6590c2aa2795","order":41,"text":"The Lessee covenants with the Lessor: to pay the Rent and all other sums on the due dates; to use the Demised Premises only for the Permitted Use; to comply with all Applicable Laws and the byelaws of the building or society; not to make any structural alterations or additions without the prior written consent of the Lessor; not to store hazardous or inflammable materials; to permit the Lessor or its authorised agents to enter and inspect the Demised Premises at reasonable times upon reasonable prior notice; to keep the Lessor indemnified against any loss arising from the Lessee's breach; and to yield up vacant and peaceful possession on the expiry or sooner determination of the lease.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"38d7af99-35d4-4e27-a574-719fd5a8a781","order":42,"text":"14. COVENANTS OF THE LESSOR AND QUIET ENJOYMENT","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S14"},{"id":"c21738c7-9f3e-45c4-90a5-95d0ab58c6a0","order":43,"text":"The Lessor covenants with the Lessee that the Lessor has good and marketable title to the Demised Premises and full authority to grant this lease; that the Demised Premises are free from any encumbrance that would prevent the grant of this lease; and that the Lessee, paying the Rent and performing its covenants, shall peaceably and quietly hold and enjoy the Demised Premises during the Lease Term without any interruption by the Lessor or any person lawfully claiming through or under the Lessor, in accordance with Section 108 of the Transfer of Property Act, 1882.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"64e84e54-c396-4691-b1db-9da9bc05c89d","order":44,"text":"15. REPRESENTATIONS AND WARRANTIES OF THE LESSOR","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S15"},{"id":"93080c9d-cc34-4977-bd28-01aa4f9d6c50","order":45,"text":"The Lessor represents and warrants to the Lessee that: (a) the Lessor is the lawful and absolute owner of, or is otherwise duly authorised to lease, the Demised Premises and has full right, power and authority to execute this Lease Deed; (b) the building of which the Demised Premises form part has been constructed in accordance with the sanctioned plans and is covered by a valid occupancy certificate and all requisite building approvals; (c) the Demised Premises are not subject to any attachment, acquisition, requisition or litigation that would adversely affect the grant of this lease; (d) all property taxes and outgoings payable by the Lessor in respect of the Demised Premises up to the commencement of the Lease Term stand fully paid; and (e) the use of the Demised Premises for the Permitted Use is not prohibited under the applicable zoning and municipal regulations. The Lessor shall keep the Lessee indemnified against any loss arising from any breach of these representations and warranties.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"314e5eaa-a4f8-4227-812f-3fe297305778","order":46,"text":"16. ALTERATIONS AND FIT-OUTS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S16"},{"id":"bd4cf5a9-9707-465c-a8a4-3a7c4515358e","order":47,"text":"The Lessee may, with the prior written consent of the Lessor (such consent not to be unreasonably withheld), carry out non-structural fit-out works and install trade fixtures, fittings and signage necessary for its business, at its own cost and in compliance with Applicable Law. All such trade fixtures and movable installations shall remain the property of the Lessee and may be removed by it on or before the expiry of the lease, provided the Lessee makes good any damage caused by such removal. Any alteration of a permanent or structural nature shall, unless otherwise agreed, become the property of the Lessor on determination of the lease without any obligation to compensate the Lessee.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"f0e08a9e-3bdb-463e-b90d-79d4b347cf26","order":48,"text":"17. ASSIGNMENT AND SUBLETTING","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S17"},{"id":"25f998e5-d6d4-41d3-89e3-8c56114766e8","order":49,"text":"The Lessee shall not assign, transfer, sublet, part with possession of, or otherwise create any third-party interest in the Demised Premises or any part thereof without the prior written consent of the Lessor. Any purported assignment or subletting in breach of this Article shall be void and shall constitute a material breach entitling the Lessor to terminate the lease.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"1de69b04-99da-4305-bc26-e64041b8d318","order":50,"text":"18. SIGNAGE AND COMMON FACILITIES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S18"},{"id":"99006617-7405-4782-8a4c-3d262f04aab2","order":51,"text":"The Lessee shall be entitled to display its name, trademark and signage at the entrance of the Demised Premises and at such designated common locations on the building facade as the Lessor may approve, at the Lessee's cost and in compliance with the byelaws of the building or society and Applicable Law. The Lessee shall have the non-exclusive right to use the common areas, lifts, staircases, passages and parking allotted to it, and (where applicable) reasonable access to the rooftop or designated areas for the installation and maintenance of air-conditioning units, signage or communication equipment, subject to the Lessor's prior written consent. The Lessee shall remove all such signage and installations on the determination of the lease and make good any damage caused thereby.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"dcbf41f0-0149-4847-95a0-08b14b017213","order":52,"text":"19. RIGHT OF ENTRY AND INSPECTION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S19"},{"id":"9baa520e-2a45-4622-af3a-6be6890aea2e","order":53,"text":"The Lessor and its duly authorised agents may, upon reasonable prior notice of not less than [Entry notice, e.g. 24 hours] (save in the case of an emergency, when no notice shall be required), enter upon the Demised Premises during normal business hours to inspect their condition, to carry out repairs for which the Lessor is responsible, or to show the Demised Premises to prospective lessees or purchasers during the last [Showing window, e.g. 3 months] of the Lease Term, in each case without unreasonably interfering with the Lessee's business.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"31425b24-67ef-43c6-82f3-3650fe12ad37","order":54,"text":"20. INSURANCE AND INDEMNITY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S20"},{"id":"38773e86-28ea-434f-aadc-e10ba376ad0e","order":55,"text":"The Lessee shall, at its own cost, insure its own goods, stock, fittings and trade fixtures and maintain such public liability insurance as is appropriate to its business. Each Party shall indemnify and keep the other indemnified against all claims, losses, damages, costs and expenses arising from any breach of its obligations under this Lease Deed or from any act, default or negligence on its part or that of its employees, agents or invitees. The Lessor shall not be liable for any loss of or damage to the Lessee's property or for any business loss save where such loss is directly attributable to the wilful default or gross negligence of the Lessor.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"461b667e-2c13-443f-8a1b-5607adb45434","order":56,"text":"21. FORCE MAJEURE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S21"},{"id":"25e7ebea-0944-49da-a98f-16b8ed1eb0f5","order":57,"text":"Neither Party shall be liable for any failure or delay in performing its obligations (other than an obligation to pay money already accrued) where such failure or delay results from any cause beyond its reasonable control, including act of God, fire, flood, earthquake, epidemic or pandemic, war, civil commotion, or any order or restriction imposed by any governmental or statutory authority. The affected Party shall promptly notify the other and shall use reasonable endeavours to mitigate the effects of such event. Should a force majeure event continue for a continuous period exceeding [Number] days, either Party may terminate this Lease Deed by written notice without liability, save for sums already accrued.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"48222d78-25af-4383-8ba6-597508ed69bb","order":58,"text":"22. DEFAULT AND TERMINATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S22"},{"id":"b2f16054-8f26-4757-be85-8d99b7fef307","order":59,"text":"Subject to the Lock-in Period, this Lease Deed may be terminated: (a) by either Party giving the other not less than [Number] months' prior written notice; or (b) by the aggrieved Party forthwith, where the defaulting Party commits a material breach (including non-payment of Rent for two consecutive months, unauthorised use, or unauthorised assignment or subletting) and fails to remedy the same within [Number] days of written notice. On termination, the Lessee shall forthwith hand over vacant and peaceful possession of the Demised Premises together with all keys and access; and in the event of the Lessee holding over after the determination of the lease, the Lessee shall be liable to pay enhanced compensation at [Holding-over rate, e.g. double the last Rent] for each day of unauthorised occupation, without thereby creating any tenancy.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"d8aa23ce-7fd6-4cf0-aee5-e8435ada2bf9","order":60,"text":"23. RE-ENTRY AND FORFEITURE","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S23"},{"id":"649cf1e2-4828-46cc-b0b4-d713c51b4070","order":61,"text":"Without prejudice to any other right or remedy, if the Rent or any part thereof remains unpaid for [Default period, e.g. 30 days] after becoming due (whether formally demanded or not), or if the Lessee commits a material breach of its obligations and fails to remedy the same within the cure period provided herein, or if the Lessee is wound up or declared insolvent, then it shall be lawful for the Lessor, after giving written notice, to re-enter upon the Demised Premises or any part thereof in the name of the whole and thereupon the lease shall absolutely determine, but without prejudice to the Lessor's right of action in respect of any antecedent breach of the Lessee's covenants. Any re-entry under this Article shall be without prejudice to the Lessor's right to recover arrears of Rent, damages and all sums due hereunder.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"790b2776-4b91-4386-89e4-ddbde891ed1e","order":62,"text":"24. REGULATORY COMPLIANCE AND VERIFICATION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S24"},{"id":"c4cd047d-914e-42bf-8eb0-1628aa8b4797","order":63,"text":"The Lessee shall, at its own cost, obtain and keep in force all registrations, licences and permits required for the conduct of its business at the Demised Premises, including (where applicable) registration under the relevant Shops and Establishments Act, trade licence, and GST registration, and shall comply with all Applicable Laws, including labour, fire-safety and environmental regulations. The Parties shall co-operate in furnishing such tenant and occupant particulars to the local police authorities and other statutory bodies as may be required under Applicable Law. The Lessee shall not do or omit to do anything that may render the Lessor liable to any penalty, fine or prosecution under Applicable Law.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"51186c8c-2e30-492b-8597-ecfc49842f72","order":64,"text":"25. RENEWAL","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"59f27b2d-f392-491e-8eab-0bf36e6d36dd","value":"1","type":"add","operator":"="}],"sectionNum":"S25"},{"id":"b72995c2-abd5-495e-985e-73ae73c322b1","order":65,"text":"The Lessee shall, provided it has duly observed and performed its obligations under this Lease Deed, have the option to renew the lease for a further term of [Renewal term, e.g. 5 years] on the same terms and conditions, save as to Rent which shall be revised by mutual agreement (and, failing agreement, in accordance with the escalation mechanism herein, if applicable). The Lessee shall exercise this option by giving the Lessor not less than [Number] months' prior written notice before the expiry of the then-current Lease Term, whereupon the Parties shall execute and register a fresh lease deed for the renewed term.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"displayConditions":[{"field":"59f27b2d-f392-491e-8eab-0bf36e6d36dd","value":"1","type":"add","operator":"="}]},{"id":"91921219-87af-46b3-b260-f192c5384eed","order":66,"text":"26. REGISTRATION AND STAMP DUTY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S26"},{"id":"9427c746-99c6-4252-81ac-de6503082fe6","order":67,"text":"This Lease Deed, being for a term exceeding twelve months, shall be compulsorily registered under Section 17 of the Registration Act, 1908, and the Parties shall present themselves before the jurisdictional Sub-Registrar of Assurances for that purpose. The stamp duty payable on this Lease Deed under the applicable State Stamp Act, together with the registration charges, shall be borne by [Lessee / Lessor / shared equally]. Until duly stamped and registered, this Lease Deed shall not, by virtue of Section 49 of the Registration Act, 1908, be admissible as evidence of the terms of the tenancy.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"3c79d442-cc60-47a9-a45c-d4a74e12e5e1","order":68,"text":"27. NOTICES","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S27"},{"id":"6b1423be-63eb-4be4-9de4-0f72fbcceb30","order":69,"text":"Any notice under this Lease Deed shall be in writing and shall be deemed validly served if delivered by hand against acknowledgement, sent by registered post or speed post with acknowledgement due, or by email to the addresses of the Parties first hereinabove mentioned (or such other address as a Party may notify in writing). A notice sent by registered or speed post shall be deemed served on the expiry of [Number] days from the date of posting.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"d814fa60-ac84-4d8b-a2e4-08d411056225","order":70,"text":"28. GOVERNING LAW AND DISPUTE RESOLUTION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S28"},{"id":"f19b9264-b0f8-41ae-a9e5-d821daf4ce72","order":71,"text":"This Lease Deed shall be governed by and construed in accordance with the laws of India. The Parties shall first endeavour to settle any dispute, difference or claim arising out of or in connection with this Lease Deed amicably through mutual discussion. Failing such settlement within thirty days, the dispute shall be referred to and finally resolved by arbitration by a sole arbitrator to be appointed by mutual consent, in accordance with the Arbitration and Conciliation Act, 1996; the seat and venue of arbitration shall be [City of arbitration / jurisdiction] and the language of arbitration shall be English. Subject to the foregoing, the courts at [City of jurisdiction] shall have exclusive jurisdiction.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"bdf446f5-dbb7-403f-9d0d-8f1af7c238f0","order":72,"text":"29. CONFIDENTIALITY","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S29"},{"id":"d056feca-ba81-4f07-8585-cfa1371bbaf4","order":73,"text":"Each Party shall keep confidential the commercial terms of this Lease Deed and any confidential or proprietary information of the other Party disclosed in connection herewith, and shall not disclose the same to any third party except to its professional advisers, or as required by Applicable Law, by any court or regulatory authority, or for the purpose of enforcing its rights hereunder. This obligation shall survive the expiry or determination of this Lease Deed.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"755fc8ad-6f68-48eb-87bb-5a588b783dfe","order":74,"text":"30. COSTS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S30"},{"id":"9bfdbf64-e583-4609-8f95-5f994426e4d6","order":75,"text":"Save as otherwise expressly provided in this Lease Deed (including in respect of stamp duty and registration charges), each Party shall bear its own legal and professional costs incurred in connection with the negotiation, preparation and execution of this Lease Deed.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"1df715b7-e86b-455f-8227-428c8c204d1e","order":76,"text":"31. COUNTERPARTS AND ELECTRONIC EXECUTION","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S31"},{"id":"1102dd09-0f7b-4674-8237-e3d5a3d5e7a8","order":77,"text":"This Lease Deed may be executed in any number of counterparts, each of which when executed and delivered shall constitute an original, and all of which together shall constitute one and the same instrument. The Parties agree that, to the extent permitted by Applicable Law and without prejudice to the requirement of registration, signatures exchanged by electronic means shall be valid and binding.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"13cd3340-acda-459c-8ad6-583b7a029fac","order":78,"text":"32. GUARANTOR","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"9a5eed4a-005f-4cf8-9788-3b0c66982188","value":"1","type":"add","operator":"="}],"sectionNum":"S32"},{"id":"8ea5896e-17ee-474b-a90d-eabd917fdf2a","order":79,"text":"In consideration of the Lessor granting this lease, [Guarantor name], residing at / having its office at [Guarantor address] (the "Guarantor"), hereby unconditionally and irrevocably guarantees to the Lessor the due and punctual payment of the Rent and all other sums payable by the Lessee and the due performance of all the Lessee's obligations under this Lease Deed. The liability of the Guarantor shall be that of a primary obligor and not merely as a surety, and shall not be discharged by any time or indulgence granted to the Lessee. This guarantee shall remain in force throughout the Lease Term and any renewal thereof.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true,"displayConditions":[{"field":"9a5eed4a-005f-4cf8-9788-3b0c66982188","value":"1","type":"add","operator":"="}]},{"id":"a9be5ae3-7787-42ea-8502-d3485e327ddc","order":80,"text":"33. MISCELLANEOUS","fontSize":"16","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"sectionNum":"S33"},{"id":"eb641960-2cb3-4fa5-9026-7849863143ff","order":81,"text":"This Lease Deed, together with its Schedule, constitutes the entire agreement between the Parties and supersedes all prior understandings. No amendment shall be valid unless made in writing, executed by both Parties and (where required) duly registered. No relaxation, forbearance or indulgence by either Party shall be construed as a waiver of its rights. If any provision is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The relationship between the Parties is that of lessor and lessee only, and nothing herein shall be construed as creating any partnership, agency or joint venture.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true},{"id":"b2ddc5a8-570d-4b03-9954-5d08d1c1c0f3","order":82,"text":"IN WITNESS WHEREOF the Parties hereto have set their respective hands to this Lease Deed at the place and on the date first hereinabove written, in the presence of the witnesses named below.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"marginTop":"10"},{"id":"3ac5ab3e-480c-454f-a60c-23ce1c76d347","order":83,"text":"SIGNED AND DELIVERED by the within-named Lessor","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"959afa4c-13da-428e-b996-0d1d28796a92","order":84,"text":"[Lessor signatory name]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"2cbd08cc-6116-4de8-a0c9-e2c3515fbe59","order":85,"text":"SIGNED AND DELIVERED by the within-named Lessee","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true},{"id":"ef05c01f-54ec-4ad7-941a-014c11b49c4b","order":86,"text":"[Lessee signatory name]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"3617ba18-67b1-4a33-ac5a-2e9039205993","order":87,"text":"SIGNED AND DELIVERED by the within-named Guarantor","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"6","cflou":false,"active":true,"displayConditions":[{"field":"9a5eed4a-005f-4cf8-9788-3b0c66982188","value":"1","type":"add","operator":"="}]},{"id":"2785b661-2efb-41e8-83a0-d12096fe51b8","order":88,"text":"[Guarantor signatory name]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true,"displayConditions":[{"field":"9a5eed4a-005f-4cf8-9788-3b0c66982188","value":"1","type":"add","operator":"="}]},{"id":"bd4a6cfd-2563-4792-95a5-06bcef20ccea","order":89,"text":"WITNESSES:","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"837dcde9-ec28-479e-9877-8ccb4d6c7494","order":90,"text":"(i) [Witness 1 — name and address]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"ad7ba833-29cc-4f6a-8c38-b343defad77f","order":91,"text":"(ii) [Witness 2 — name and address]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"1052bcd2-06af-4341-bd14-bc60a541f381","order":92,"text":"THE SCHEDULE ABOVE REFERRED TO","fontSize":"16","textAlign":"center","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true,"marginTop":"10"},{"id":"32db7b89-402b-44f4-bf75-194493a1b765","order":93,"text":"(Description of the Demised Premises)","fontSize":"12","textAlign":"center","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"bd318e28-396e-47b4-a213-c9b351ccf4c2","order":94,"text":"[Full description of the demised premises: building name, floor, unit number, boundaries, area and appurtenances]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"16","cflou":false,"active":true}]