Key description
- 2. Commercial Lease Agreement: A commercial agreement is formed when a startup takes up a commercial premise or space for operating its businesses. It is signed between the property owner and the startups on a rental basis. this template can be used internationally in any regulation
Language
Categories
Industries
Covered clausesClauses
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1. DESCRIPTION OF PREMISES
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2. GRANT OF LEASE
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3. LEASE TERM
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4. EXTENSIONS
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5. DETERMINATION OF RENT
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6. USE OF PROPERTY BY TENANT
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7. RESTRICTIONS ON USE
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8. WASTE, NUISANCE, OR UNLAWFUL ACTIVITY
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9. DELAY IN DELIVERING POSSESSION
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10. SECURITY DEPOSIT
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11. TAXES
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12. IMPROVEMENTS BY TENANTS
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13. UTILITIES
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14. OBLIGATIONS FOR REPAIRS
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15. TENANT'S COVENANTS
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16. INDEMNITY BY TENANT
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17. SIGNAGE
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18. INSURANCE
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19. DAMAGE TO DEMISED PREMISES
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20. CONDEMNATION
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21. LANDLORD’S REMEDIES
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22. LANDLORD'S SELF HELP
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23. TENANT'S SELF HELP
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24. TITLE
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25. EXTENSIONS/WAIVERS/DISPUTES
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26. PROPERTY DAMAGE
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27. ASSIGNMENT AND SUBLETTING
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28. FIXTURES
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29. OPTION TO RENEW
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30. ESTOPPEL CERTIFICATES
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31. INVALIDITY OF PARTICULAR PROVISION
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32. CAPTIONS AND DEFINITIONS OF PARTIES
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33. RELATIONSHIP OF THE PARTIES
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34. BROKERAGE
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35. ENTIRE AGREEMENT
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36. GOVERNING LAW
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37. LITIGATION
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38. CONTRACTUAL PROCEDURES
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39. EXTRAORDINARY REMEDIES
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40. RELIANCE ON FINANCIAL STATEMENT
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EXHIBIT "A" LEGAL DESCRIPTION
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EXHIBIT "B" TENANT PLANS AND SPECIFICATIONS
