Exclusive Lease Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Exclusive Lease Agreement

Exclusive Lease Agreement

PARTIES

This Exclusive Lease Agreement ("Agreement") is made and entered into this {{day}} day of {{month}}, {{year}}, by and between:

LANDLORD: {{landlord_company_name}}, a company duly incorporated under the laws of {{landlord_jurisdiction}}, with its principal place of business at {{landlord_address}} (hereinafter referred to as "Landlord").

TENANT: {{tenant_company_name}}, a company duly incorporated under the laws of {{tenant_jurisdiction}}, with its principal place of business at {{tenant_address}} (hereinafter referred to as "Tenant").

PREMISES

The Landlord hereby leases to the Tenant, and the Tenant hereby leases from the Landlord, the exclusive use of the property located at {{property_address}} (hereinafter referred to as "the Premises"), as more fully described in Schedule A attached hereto.

The Premises shall be used by the Tenant exclusively for the purpose of {{permitted_use}}.

TERM OF LEASE

The term of this Agreement shall commence on {{start_date}} and shall continue for a period of {{lease_term_in_months}} months, ending on {{end_date}}.

RENT

The Tenant shall pay to the Landlord a monthly rental of {{currency}} {{rental_amount}} ({{rental_amount_words}}) on or before the first day of each month, in advance, without deduction or set-off.

All payments shall be made by way of {{payment_method}} to {{payment_details}}.

A late payment fee of {{currency}} {{late_fee_amount}} shall be levied for any rent not received by the {{late_fee_grace_period}} day of the month.

DEPOSIT

The Tenant shall pay a security deposit of {{currency}} {{deposit_amount}} ({{deposit_amount_words}}) to the Landlord on or before the commencement date of this Agreement.

The security deposit shall be held by the Landlord as security for the due performance by the Tenant of its obligations under this Agreement and shall be refunded to the Tenant at the expiration or earlier termination of this Agreement, less any amounts due by the Tenant to the Landlord in terms of this Agreement.

UTILITIES AND SERVICES

The Tenant shall be responsible for all utility charges, including but not limited to electricity, water, sewerage, and refuse removal, consumed on the Premises during the term of this Agreement.

The Tenant shall arrange for all utility accounts to be registered in its name from the commencement date of this Agreement.

MAINTENANCE AND REPAIRS

The Tenant shall maintain the interior of the Premises in good order and repair, reasonable wear and tear excepted.

The Landlord shall be responsible for the structural maintenance and exterior repairs of the Premises.

INSURANCE

The Landlord shall maintain adequate insurance cover for the building structure of the Premises.

The Tenant shall be responsible for insuring its own contents and any improvements made to the Premises.

TERMINATION

Either party may terminate this Agreement by giving {{notice_period_in_months}} months' written notice to the other party.

Notwithstanding the foregoing, the Landlord may terminate this Agreement immediately upon material breach by the Tenant of any of its obligations hereunder, which breach is not remedied within {{remedy_period_in_days}} days of written notice thereof.

GOVERNING LAW AND JURISDICTION

This Agreement shall be governed by and construed in accordance with the laws of {{governing_jurisdiction}}.

Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{governing_jurisdiction}}.

SIGNATURES

Thus done and signed at {{signing_place}} on this {{signing_day}} day of {{signing_month}}, {{signing_year}}.

___________________________

LANDLORD (duly authorised)

___________________________

TENANT (duly authorised)

Witnesses:

1. ___________________________

2. ___________________________