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Termination Of Lease And Surrender Agreement
1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and registration numbers for companies
2. Background: Brief description of the existing lease agreement, its key terms, and the parties' desire to terminate it early
3. Definitions: Definitions of key terms used throughout the agreement
4. Termination Date: Specific date when the lease will terminate and the premises will be surrendered
5. Surrender of Premises: Terms and conditions for the physical handover of the premises
6. Condition of Premises: Requirements for the condition in which the premises must be returned
7. Settlement of Accounts: Handling of rent, utilities, and other payments up to the termination date
8. Security Deposit: Terms for the return of the security deposit, including timing and any deductions
9. Release and Waiver: Mutual release of claims related to the lease agreement
10. Keys and Access Devices: Requirements for returning all keys, access cards, and other access devices
11. Governing Law: Confirmation that the agreement is governed by Danish law
12. Signatures: Execution blocks for all parties
1. Dilapidations: Detailed terms regarding repair obligations and compensation for damage, used when there are specific repair requirements or disputes
2. Fixtures and Fittings: Specific provisions for handling tenant improvements or fixtures, used when significant modifications were made to the premises
3. Outstanding Disputes: Resolution of any existing disputes between the parties, included when there are ongoing issues to be resolved
4. Third Party Rights: Provisions relating to any third-party interests in the lease, used when there are guarantors or other interested parties
5. Insurance: Specific provisions about maintaining insurance until surrender, used for commercial properties or when required by circumstances
6. Confidentiality: Provisions for keeping the terms of the termination confidential, typically used in commercial contexts
7. Forwarding Address: Tenant's obligation to provide a forwarding address, used when future correspondence is expected
8. Utilities and Services: Specific provisions for transferring or terminating utility contracts, used when utilities are in tenant's name
1. Schedule 1 - Original Lease: Copy or key terms of the original lease agreement being terminated
2. Schedule 2 - Inventory and Condition Report: Detailed list of the property's contents and condition at surrender
3. Schedule 3 - Settlement Calculation: Detailed calculation of final payments, including rent, utilities, and deposit deductions
4. Schedule 4 - Handover Protocol: Checklist and procedure for the physical handover of the premises
5. Appendix A - Photographic Evidence: Photos documenting the condition of the premises at surrender
6. Appendix B - Meter Readings: Final utility meter readings at the termination date
7. Appendix C - Outstanding Repairs: List of any repairs required or agreed to be completed
8. Appendix D - Keys and Access Devices Register: Detailed list of all keys and access devices to be returned
Authors
Original Lease
Premises
Property
Termination Date
Surrender Date
Landlord
Tenant
Security Deposit
Rent
Operating Costs
Utilities
Handover Protocol
Condition Report
Dilapidations
Fixtures and Fittings
Settlement Amount
Outstanding Payments
Access Devices
Common Areas
Building
Inventory
Maintenance Obligations
Prepaid Rent
Lease Period
Effective Date
Parties
Business Day
Force Majeure
Permitted Use
Definitions
Termination
Surrender
Property Condition
Settlement
Security Deposit
Release and Waiver
Access and Keys
Utilities
Insurance
Confidentiality
Entire Agreement
Severability
Governing Law
Jurisdiction
Force Majeure
Notices
Assignment
Third Party Rights
Costs
Representations and Warranties
Indemnification
Dispute Resolution
Compliance with Laws
Further Assurance
Counterparts
Amendment
Time of Essence
Surviving Provisions
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