StdAgreement for Leaseoffice.docx

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StdAgreement for Leaseoffice.docx

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StdAgreement for Leaseoffice.docx

StdAgreementforLeaseoffice

AGREEMENTFORLEASE

 

THISAGREEMENTismadethe_____dayof_____________20____betweentheLandlordandtheTenant.

1.DefinitionsandInterpretations

InthisAgreement:

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(a)"Building"shallmeanallthatbuildingerectedorbeingerectedbytheLandlordonLot____ofTownSubdivision/Mukim_________andknownas______________________________________________________________Singapore_____________(whichexpressionincludesanypartoftheBuilding).

(b)"BuildingAuthority"shallmeanandinclude(asapplicable)allrelevantgovernmentandquasigovernmentauthoritiesandstatutoryboardsinSingaporewhoseapprovalsarerequiredforallplanning,buildingandconstructioninSingapore.

(c)"CSC"shallmeantheCertificateofStatutoryCompletioninrespectoftheBuildingissuedbytheBuildingAuthority.

(d)"Fitting-OutDeposit"shallmeanthesumofSingaporeDollars_________________________________________________________________________(S$______________).

(e)"Fitting-OutPeriod"shallmeantheperiodof_______(____)monthscommencingonthedateofdeliveryofpossessionofthePremisestotheTenantorontheexpiryoffourteen(14)daysfromthedateoftheLandlord'swrittennoticetotheTenanttotakepossessionofthePremises,whicheveristheearlier.

(f)"Fitting-OutPlans"shallmeantheplansdrawingsand/ordesignspreparedortobepreparedbytheTenantattheTenant'sowncostandexpensewhichshallcompriseallplans,drawings,particularsanddesignsinrespectoftheFitting-OutWorks.

(g)"Fitting-OutWorks"shallmeanallrenovations,additions,alterationsandfittingoutworktothePremisesincludingtheinstallationofallinternalpartitions,doors,glass,windowsandotheritemsincidentaltheretoorinconsequencethereof(includingalterationstotheexistingfireprotectionsystemsandmechanicalandelectricalworks,alllightsandpoweroutlets,fireprotectionsystems,mechanicalandelectricalservices,electricalwiring,distributionboards,switchesandtelephoneoutlets,airconditioningductsandventsrequiredbecauseofalterationstothepartitionsinthePremises)andallotherfixturesandfittingstothePremisesapartfromthoseoriginallysuppliedbytheLandlord.

(h)"GST"shallmeanallgoodsandservicestaxesthatmaybeimposedbytherelevantauthorityfromtimetotime.

(i)"Landlord"shallmean_________________________________________of______________________________________________________________Singapore_____________(whichexpressionwhereverthecontextsoadmitsincludesitsassignssuccessorsin-titleandthepersonforthetimebeingentitledtothereversionimmediatelyexpectantonthedeterminationoftheTerm).

(j)"Lease"shallmeantheLeaseAgreementinrespectoftheleasehereinannexedheretoasAnnexC.

(k)"LetterofOffer"shallmeantheletterofofferinrespectofthisleasedatedthe____dayof_________2008fromtheLandlordtotheTenantanddulyacceptedbytheTenant.

(l)"Plan"shallmeantheplaninAnnexAwhichshowstheprovisionalfloorlayoutofthePremiseswithintheBuilding.

(m)"Premises"shallmeanallthepremisesonthe_____and_____floorsoftheBuildingestimatedtocontainafloorareaofapproximately____squaremetres(_____squarefeet)asdelineatedandcolouredinredonthePlanandknownas____________________________________________________________Singapore_____________(whichexpressionincludesanypartofthePremises).

(n)"Rent"shallmeanthemonthlysumofSingaporeDollars_____________________________________________________________________________(S$_________________)andshallincludetheservicechargespayableinrespectofthePremises.ThefirstpaymentofRentshallbemadeonorbeforethesigningofthisAgreementandthereafter,theRentshallbedueandpayableinadvanceonthe___________dayofeachsubsequentmonththroughouttheTerm.

(o)"SecurityDeposit"shallmeanthesumofSingaporeDollars_________________________________________________________________________________(S$_________________)orsuchothersumbeingequivalentto_____(____)months'Rentforthetimebeing.

(p)"Specifications"shallmeanthespecificationsrelatingtothePremisesassetoutinAnnexBhereto.

(q)"Tenant"shallmean_________________________________________of______________________________________________________________Singapore_____________(whichexpressionwhereverthecontextsoadmitsincludes,iftheTenantisanindividual,hispersonalrepresentativesandpermittedassigns,oriftheTenantisacompany,itssuccessors-in-titleandpermittedassigns).

(r)"Term"shallmeantheperiodof_________(____)yearscommencingthedayaftertheexpiryoftheFitting-OutPeriod.

(s)"TOP"shallmeantheTemporaryOccupationPermitinrespectoftheBuildingissuedbytheBuildingAuthority.

(t)Wordsimportingthegenderincludeallothergendersandwordsimportingthesingularincludethepluralandviceversa

(u)AnyprovisionbytheTenantnottodoanactorthingshallbedeemedtoincludeanobligationtousebestendeavoursnottopermitorsuffersuchactorthingtobedonebyanotherperson.

2.LeaseofPremises

TheLandlordhasagreedtograntandtheTenanthasagreedtotakealeaseofthePremisesfortheTermsubjecttotheterms,covenantsandconditionscontainedintheLeaseandsubjecttotheterms,covenantsandconditionshereinafterappearing.

3.Rent

3.1TheTenantshallpaytotheLandlordRentforthedurationoftheTerm.

3.2InadditiontoRent,theTenantshallatthesametimeaspaymentoftheRentpaytotheLandlordGSTontheRent.

4.SecurityDeposit

4.1TheTenantshallimmediatelyuponacceptanceoftheLetterofOfferpaytotheLandlordtheSecurityDeposit.TheSecurityDepositshallbeasecurityforthedueperformanceofthetermscovenantsandconditionsinthisAgreementandtheLeaseandshallatalltimesduringtheTermbemaintainedbytheTenantatthesumequivalenttothree(3)months'Rent.

4.2Upontheoccurrenceofanyoftheundermentionedevents,theLandlordshallbeentitledtotreatthisAgreementashavingbeenrepudiatedbytheTenantandinsuchevent,withoutprejudicetoanyotherrightorremedyoftheLandlordatlaworinequity,theSecurityDepositshallbeforfeitedtotheLandlordabsolutely:

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(a)IftheTenantshallgivenoticetotheLandlordthattheTenantdoesnotintendtoproceedwiththeleaseofthePremisesonthetermsandconditionssetouthereinandintheLeaseortheTenantotherwiserepudiatesthisAgreement.

(b)IftheTenantshall,foranyreason,failtodulyexecuteandreturntheLeasetotheLandlordwithinthetimeprovidedinthisAgreement.

(c)IftheTenant,beingacompany,shallbeunabletopayitsdebtsorshallgointoliquidation(whethercompulsoryorvoluntary)orhaveanyordermadeorresolutionpassedforitswinding-uporshallotherwisebecomeinsolventormakeanyproposal,assignmentorarrangementforthebenefitofitscreditorsorhaveareceiverormanagerappointedoveritsaffairsorhaveanapplicationmadetocourtfortheappointmentofajudicialmanagerorbeplacedunderajudicialmanagementorder.

(d)IftheTenant,beingasoleproprietororpartnership,shallfailtorenewitsCertificateofRegistrationorifanyofitspartnersshalldie,becomeofunsoundmindorshallnotbelocatedorshallbeunabletopayhisdebtsorshallhaveabankruptcypetitionpresentedorbankruptcyordermadeagainsthimorshallhaveanapplicationundertheBankruptcyAct(Cap.20)(oranyamendmenttheretoorre-enactmentthereof)foraninterimordermadeagainsthimorshallmakeanyproposal,assignmentorarrangementforthebenefitofhiscreditorsorshallenterintoaschemeofarrangementofhisaffairsorhaveareceiverappointedinrespectofanyofhisproperty.

(e)IftheTenant,beinganaturalperson,shalldie,becomeofunsoundmindorshallnotbelocatedorshallbeunabletopayhisdebtsorshallhaveabankruptcypetitionpresentedorbankruptcyordermadeagainsthimorshallhaveanapplicationundertheBankruptcyAct(Cap.20)(oranyamendmenttheretoorre-enactmentthereof)foraninterimordermadeagainsthimorshallmakeanyproposal,assignmentorarrangementforthebenefitofhiscreditorsorshallenterintoaschemeofarrangementofhisaffairsorhaveareceiverappointedinrespectofanyofhisproperty.

4.3Inadditiontotheaforesaid,theLandlordshallbeentitledtorecoverfromtheTenantonafullindemnitybasisanydamages,costsorexpensessufferedorincurredbytheLandlordarisingfromtheTenant'sFitting-OutWorkorotherdamagesdonetotheBuildingand/orthePremisesbytheTenant,itsservants,agents,contractorsoremployees,andthecostsandexpensesincurredinrestoringthePremisestoitsoriginalstateandcondition.

5.Lease

5.1ThecovenantsandconditionsoftheLeaseshallbeincorporatedintothisAgreementandtheLandlordandtheTenantshallbeboundbyandbesubjecttothesaidcovenantsandconditionsnotwithstandingthattheLeasemaynothavebeenexecutedormayotherwisebeunenforceableforanyreasonwhatsoever.

5.2TheLandlordmaypriortothecommencementoftheTermservewrittennoticeontheTenanttoexecutetheLeaseandtheTenantshalldulyexecuteandreturntheLeasetotheLandlordbeforetheexpirationoffourteen(14)daysfromthedateofsuchnoticeorbeforetakingpossessionofthePremises,whicheverisearlier.

6.Fitting-OutPlans

6.1PriortoanysubmissionofFitting-OutPlanstotheLandlordandtherelevantauthoritiesforapprovalandthecommencementofanyFitting-OutWork,theTenantshallsubmittotheLandlordforapproval,theconc

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