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7/27/2019 Standard Formate of Agreement
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LEAVE AND LICENSE AGREEMENT.
THIS AGREEMENT OF LEAVE AND LICENSE is made and enteredinto at MumbaithisBETWEEN.S/ois Indian Inhabitant of
Mumbai, having Office address at :, hereinafter
called as THE LICENSOR (which expression shall, wherever the context so requires or
admits, mean and include his legal heirs, executors, administrators and permitted assigns) of
the One Part:
AND
M/s.., having office address at,
represented by its authorized representative Mr.. hereinafter called as THE
LICENSEE (which expression shall, wherever the context so requires or admits, mean andinclude its all stake holders, Officers, and administrators and successors, permitted assigns) of
the Other Part.
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WHEREAS the Licensor is seized and possessed of the Premises, admeasuring about Ground
floor Sq. Ft., first floor Sq. Ft with mazement situate at :
, hereinafter referred as " Premises"
AND WHEREAS the Licensee being in need of Premises have approached theLicensor with a request to give on Leave and License basis the said Premises for occupation
and use of commercial activities by the Licensee, for which request the Licensor has agreed.
NOW THIS AGREEMENT OF LEAVE AND LICENSE THEREFORE
WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES
HERETO AS FOLLOWS:
1. The License shall be for a period of .Years commencing from., 2012
to., 2018.
2. The monthly Rent for the occupation and use of the said Commercial Premises shall
be Rs. (Rupees ..Only) per month. The ..months monthly
rent have been paid in advance ofRs. ..(Rupees ..Only)
through vide Cheque No: Dated:..,2012 in favour
of. The on completion of first nine months thereafter for every
six months advance rent will be paid through out the lease period. The on completion
of every year there will be an % increment in the monthly rent.
3. The Licensee shall, throughout the term of the License hereby created, deposit and
keep deposited with the Licensor as and by way of interest free Security Deposit a total
sum of Rs. (Rupees Only) through vide Bank Cheque
No: Dt .. 2012 in favour ofat the time ofsigning of this agreement. The said security Deposit shall be refunded by the Licensor
to the Licensee on the expiry or sooner termination of the License but alter adjusting
therefrom towards unpaid electricity, telephone payments and unpaid the monthly rent
if any in respect of the Licensed period in respect of Premises.
4. In addition to the monthly rent, as stipulated above, the Licensee shall pay for the
electricity, water, telephone. used in the premises as shown by separate meter and as
billed by the concerned Firm/Competent Authorities in each. However, the Licensor
will pay Property related taxes or any other taxes or charges levied by the
Government Authorities in respect of the said premises.
5. The Licensor has "No Objection" for the installation of telephone, internet
connection, other statutory registration like Sales Tax, and other Government
registration required or to be applied by the Licensee with the Government Authority
or Authorities concerned. All the necessary documents if required pertaining to the
premises will be provided by the Licensor to be Licensee. However, all the cost and
expenses thereof shall be borne and paid by the Licensee only. All the legal and
financial liabilities will be born by the Licensor only pertaining to above mentioned
registration and expenses.
6. The Premises shall be used for commercial activities for the storage and selling of
leather and synthetic footwear, bags, luggage, footwear components and footwear
accessories. However, the same premises will be used for Godown and Office
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7/27/2019 Standard Formate of Agreement
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purpose also and for any Industrial activities legally permitted under the law.
7. The Licensee undertake not to carry on in the premises any act, which is illegal,
unlawful and contrary to the laws of the land. The Licensor shall not be responsible
for any unlawful or illegal activity carried out with the premises by the Licensee.
8. It is hereby specifically recorded that the Licensee shall not and will not be deemed
to be in full or exclusive possession of the said Premises and the use and occupation
of the Licensee will be permissive as a bare only and this agreement shall not in any
manner be considered as any lease, sub-lease, tenancy, sub-tenancy or confer any
right, title or interest, whether legal or equitable or beneficial or of whatsoever nature
in the said premises shall always remain and be deemed to remain in full and absolute
ownership and in possession of the Licensor.
9. The Licensee shall keep the interior of the premises, fixtures and fittings, including
electrical, sanitary and plumbing fixtures therein, if any, in good condition, however
owing to the use of premises, the reasonable wear and tear including painting will bethere in the premises and its fixture which will be acceptable to the Licensee at the
time of handling over the premises by the Licensor. The Licensee shall not be
responsible for any damage by tempest, earthquake, fire, military, mob violence, act
of God or any other accident due to irresistible force beyond the control of the
Licensee.
10. The Licensee shall not make any structural alterations of any kind and also not erect
or build or permitted too be erected or built on the said premises any constructions
without the prior permission in writing of the Licensor.
11. The Licensee shall not do any act or deed which may cause nuisance and annoyanceto the Licensor or to other occupants of the premises in the building wherein the
premises are situated.
12. The Licensor shall not be responsible or liable for any theft, loss, damage or
destruction of any property of the Licensee or of any other person lying in the said
premises not for any bodily injury or harm to any person in the premises from any
cause whatsoever.
13. The License hereby granted is for the Licensee and the Licensee shall not assign,
transfer or part with the possession of the said Premises or any portion thereof to any
other person or party.14. The Licensee shall not any time put any claim of tenancy or sub-tenancy or any other
right or title in or in respect of the Premises under any law presently in force and any
laws which may be enacted hereafter and this Agreement shall not be construed to
create any such right whatsoever in favour of the Licensee.
15. The Licensor shall at all time have the right to enter upon the said premises after
giving a reasonable in advance intimation in writing during the working hours for the
purpose of inspection or otherwise and inspect the premises in the presence of the
Licensee or its authorized representative
16. At the time of the Licensee vacating the said premises, the Licensee shall be entitledto remove all items of machinery, equipments, goods, furniture, and fixtures and
fittings belonging to the Licensor and brought into the said premises from time to-3- ( P.T.O )
7/27/2019 Standard Formate of Agreement
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time.
17. On the termination of this Agreement by notice as aforestated, or on the expiry of the
agreement period. The Security Deposit along with the refund of monthly rent balance
if any remained with the Licensor will be refunded to the Licensee by the Licensor
strictly just at the time of handing over the physical possession back to the Licensorand vacate the said premises simultaneously. In case the Licensor is unable to return
the full security Deposit on the date of handing over and along with refund of paid
rent being the termination period of vacating the premises by the Licensee to the
Licensor, in that case possession will be retained by the Licensee till the Security
Deposit is returned and for this period of retention no monthly rent will be payable to
the Licensor by the Licensee however at the time of vacating the premises.
18. The Licensee shall be entitled to during the subsistence of this Agreement terminate
this Agreement by giving to the Licensor a Sixty days notice in writing, and this
Agreement will stand terminated on the expiry of the said period of notice from the
date of giving at the notice.
19. The possession of the premises has already been handed over to the Licensee as per
Annexure No. 1 in duplicate enclosed along with the Agreement, which contains the
lists of fixtures and fittings in the premises duly signed by both the parties giving
time and date of handing over the physical possession of the premises to the Licensee
by the Licensor in the presence of two witnesses. One copy each of the Annexure I
mentioned herein will be kept safe by both the parties till the time of expiry of the
License.
IN WITNESS WHEREOF both the Parties hereto have ready and agree on all the terms and
conditions and subscribed their respective signatures the day, month and the year hereinabove
written in presence of witnesses.
SIGNED SEALED AND DELIVERED SIGNED SEALED AND DELIVERED
By the withinnamed LICENSOR by the withinnamed LICENSEE.
FOR..
() ()
LICENSOR Authorized Signatory
LICENSEE
In the presence of Witnesses In the presence of Witnesses
1. Name: __________________ 1. Name: __________________
S/o: ____________________ S/o: ____________________
Address: ________________ Address: ________________
_________________ ________________
_________________ ________________
_________________ ________________
D a t e : D a t e :
P l a c e : P l a c e :
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