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Corporate Lease Agreement
"I need a Corporate Lease Agreement for a tech company leasing three floors of a Grade A office building in Sydney CBD, with a 5-year term starting March 2025, including provisions for significant IT infrastructure installations and 24/7 access requirements."
1. Parties: Identifies and provides full legal details of the landlord and tenant, including ACN/ABN for corporate entities
2. Background: Provides context for the lease agreement, including brief property description and purpose
3. Definitions and Interpretation: Defines key terms used throughout the lease and sets out interpretation principles
4. Grant of Lease: Formal grant of lease, specifying the premises and any exclusions or inclusions
5. Term and Option Periods: Specifies the initial lease term, commencement date, and any option periods
6. Rent and Outgoings: Details base rent, payment terms, outgoings, and operating expenses
7. Rent Review: Mechanisms and timing for rent reviews (annual increases and market reviews)
8. Security Deposit/Bank Guarantee: Requirements for security deposit or bank guarantee, including amount and conditions
9. Use of Premises: Permitted use of premises and any restrictions
10. Maintenance and Repairs: Responsibilities of landlord and tenant for maintenance, repairs, and replacements
11. Insurance: Required insurance coverage for both parties
12. Assignment and Subletting: Conditions and procedures for assignment or subletting of the premises
13. Landlord's Covenants: Obligations and promises of the landlord
14. Tenant's Covenants: Obligations and promises of the tenant
15. Default and Termination: Events of default, remedies, and termination provisions
16. Costs and Stamp Duty: Responsibility for legal costs, registration fees, and stamp duty
17. Notices: Requirements for giving notices under the lease
18. Governing Law: Specifies applicable law and jurisdiction
19. GST: GST treatment of payments under the lease
20. Execution: Formal execution blocks for all parties
1. Fit-out Works: Include when initial fit-out works are required, detailing approval process and conditions
2. Make Good: Include when specific make good obligations beyond standard requirements are needed
3. Guarantee: Include when personal or corporate guarantees are required from directors or related entities
4. Car Parking: Include when car parking spaces are being leased as part of the agreement
5. Signage: Include when specific signage rights and restrictions need to be addressed
6. Environmental Obligations: Include for properties with specific environmental requirements or risks
7. Building Management: Include for multi-tenanted buildings with specific building management requirements
8. Security Access: Include when specific security arrangements or access controls are required
9. Common Areas: Include for premises in multi-tenanted buildings with shared facilities
10. Service Level Requirements: Include when specific service levels for building services need to be maintained
1. Schedule 1 - Reference Data: Key commercial terms and variables referenced throughout the lease
2. Schedule 2 - Premises Plan: Detailed plan showing the leased premises and any exclusive or common areas
3. Schedule 3 - Special Conditions: Any special or additional conditions specific to this lease
4. Schedule 4 - Building Rules: Building rules and regulations for multi-tenanted properties
5. Schedule 5 - Outgoings: Detailed list of outgoings and allocation methodology
6. Schedule 6 - Fit-out Guidelines: Technical specifications and requirements for tenant fit-out works
7. Schedule 7 - Condition Report: Detailed report on condition of premises at commencement of lease
8. Schedule 8 - Guarantee Deed: Form of guarantee if required
9. Appendix A - Required Insurance: Detailed insurance requirements and minimum coverage amounts
10. Appendix B - Maintenance Schedule: Detailed allocation of maintenance responsibilities between parties
Authors
Bank Guarantee
Base Rent
Building
Building Manager
Building Rules
Business Day
Car Parking Spaces
Commencement Date
Common Areas
Consumer Price Index
Contamination
Default Rate
Expiry Date
Essential Services
Event of Default
Fit-out Works
GST
Guarantor
Initial Term
Insurance
Land
Landlord
Landlord's Property
Lease
Lease Year
Make Good
Market Review Date
Monthly Due Date
Mortgagee
Notice
Option Period
Option to Renew
Outgoings
Permitted Use
Premises
Property Manager
Rent
Rent Review Date
Security Amount
Security Deposit
Services
Tenant
Tenant's Property
Term
Utilities
Grant of Lease
Term of Lease
Option to Renew
Rent
Rent Review
Outgoings
Security Deposit
Bank Guarantee
Use of Premises
Compliance with Laws
Building Services
Maintenance and Repair
Alterations and Improvements
Insurance
Indemnity
Assignment and Subletting
Change of Control
Default and Termination
Force Majeure
Make Good
Environmental Compliance
Work Health and Safety
Quiet Enjoyment
Emergency Procedures
Access Rights
Common Areas
Building Rules
Utilities and Services
Car Parking
Signage
GST
Security and Access
Liability and Release
Dispute Resolution
Costs and Stamp Duty
Notices
Guarantees
Governing Law
Confidentiality
Commercial Real Estate
Corporate Services
Banking and Financial Services
Professional Services
Technology
Manufacturing
Healthcare
Retail
Industrial
Education
Logistics and Distribution
Media and Entertainment
Legal
Finance
Operations
Facilities Management
Risk and Compliance
Real Estate
Corporate Services
Administration
Procurement
Business Development
Chief Executive Officer
Chief Financial Officer
Property Manager
Facilities Manager
Legal Counsel
Corporate Real Estate Manager
Operations Director
Finance Director
Commercial Manager
Risk Manager
Compliance Officer
Business Development Manager
Asset Manager
Real Estate Director
Company Secretary
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