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Indemnity Lease Agreement
"I need an Indemnity Lease Agreement for a Grade A office building in Central London, with specific provisions for environmental compliance and a break clause after 5 years, starting from March 2025."
1. Parties: Identification and details of the landlord and tenant
2. Background: Context of the lease and property details
3. Definitions: Key terms used throughout the agreement
4. Demise: The actual grant of the lease and its term
5. Rent and Payment Terms: Rental amount, payment schedule, and review provisions
6. Tenant Covenants: Obligations of the tenant including repairs, usage, and restrictions
7. Landlord Covenants: Obligations of the landlord including quiet enjoyment and insurance
8. Indemnity Provisions: Specific indemnities given by parties
1. Break Clause: Optional provisions for early termination of the lease when parties want flexibility to end lease early
2. Service Charge Provisions: Optional provisions detailing service charges and building maintenance for multi-let buildings or estates
3. Alterations: Optional provisions governing modifications to the property when tenant may need to make changes
1. Property Description Schedule: Detailed description and plans of the property
2. State of Repair Schedule: Initial condition of the property and documentation of its state
3. Rights Granted Schedule: Specific rights granted to the tenant including access, use of common areas, etc.
4. Rights Reserved Schedule: Rights reserved to the landlord including access for inspection, repairs, etc.
5. Service Charge Schedule: Detailed breakdown of service charges and calculations methodology
6. Authorized Guarantee Agreement: Schedule containing guarantees for tenant obligations and performance
Authors
Adjoining Property
Base Rate
Building
Common Parts
Conduits
Contractual Term
Demised Premises
Indemnified Parties
Indemnified Matters
Insurance Rent
Insured Risks
Interest Rate
Landlord's Fixtures
Lease
Permitted Use
Planning Acts
Premium
Property
Quarter Days
Rent
Rent Commencement Date
Rent Payment Dates
Service Charge
Service Media
Services
Surveyor
Term
Term Commencement Date
Tenant's Fixtures
VAT
Working Day
Yield Up
Rent Payment
Rent Review
Service Charge
Insurance
Repair and Maintenance
Alterations and Improvements
Use Restrictions
Assignment and Subletting
Indemnification
Quiet Enjoyment
Break Rights
Forfeiture
Security of Tenure
Alienation
Reinstatement
Yielding Up
Access Rights
Utilities and Services
Planning and Compliance
Environmental Matters
Health and Safety
Default and Remedies
Force Majeure
Dispute Resolution
Notices
VAT
Registration
Costs
Entire Agreement
Governing Law and Jurisdiction
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