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Office Space Lease Agreement
"I need an Office Space Lease Agreement for a tech startup leasing two floors (400 square meters) in a CBD building in Auckland, with a 5-year term starting March 1, 2025, including provisions for after-hours access and additional IT infrastructure installation."
1. Parties: Identification of the landlord and tenant, including full legal names, company details, and registered addresses
2. Background: Context of the lease agreement, property description, and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms used throughout the lease and rules for interpreting the agreement
4. Grant of Lease: Core terms of the lease grant, including premises description and permitted use
5. Term of Lease: Duration of the lease, commencement date, and expiry date
6. Rent and Operating Expenses: Rental amount, payment terms, operating expenses, and outgoings
7. Rent Review: Mechanism and timing for rent reviews during the lease term
8. Security Deposit: Details of security deposit or bank guarantee requirements
9. Maintenance and Repairs: Responsibilities of landlord and tenant for maintenance, repairs, and replacements
10. Insurance: Insurance requirements for both parties, including types of coverage required
11. Use of Premises: Permitted use of the premises and restrictions on use
12. Alterations and Additions: Process for requesting and making alterations to the premises
13. Assignment and Subletting: Conditions and process for assigning or subletting the premises
14. Landlord's Covenants: Obligations and promises of the landlord
15. Tenant's Covenants: Obligations and promises of the tenant
16. Default and Remedies: Events of default and available remedies for both parties
17. Termination: Circumstances and process for early termination of the lease
18. General Provisions: Standard boilerplate clauses including notices, governing law, and dispute resolution
1. Renewal Rights: Terms for lease renewal options, used when the parties agree to potential lease extensions
2. Fit-out Works: Specific provisions for initial tenant fit-out works, included when premises requires modification
3. Car Parking: Terms for car parking rights and allocation, included when parking spaces are part of the lease
4. Building Rules: Specific building rules and regulations, included for multi-tenanted buildings
5. Green Lease Provisions: Environmental and sustainability obligations, included for green-rated buildings or when parties agree to environmental commitments
6. Naming and Signage Rights: Terms for building naming rights and signage, included for major tenants or whole-building leases
7. COVID-19 Provisions: Specific provisions relating to pandemic situations, included when parties want to address future lockdowns or restrictions
8. Service Level Agreement: Detailed service levels for building maintenance and management, included in premium grade buildings
1. Schedule 1 - Premises Plan: Detailed floor plan showing the leased premises and common areas
2. Schedule 2 - Rent Schedule: Detailed breakdown of rent, including base rent and scheduled increases
3. Schedule 3 - Operating Expenses: List of included operating expenses and allocation methodology
4. Schedule 4 - Condition Report: Detailed report on the condition of the premises at lease commencement
5. Schedule 5 - Building Services: Description of building services provided by the landlord
6. Schedule 6 - Fit-out Specifications: Technical specifications for permitted fit-out works
7. Schedule 7 - Insurance Requirements: Detailed insurance requirements for both parties
8. Appendix A - Building Rules: Detailed building rules and regulations
9. Appendix B - Guarantee Form: Form of personal or bank guarantee if required
Authors
Base Rent
Building
Building Manager
Building Rules
Business Days
Common Areas
Condition Report
Default Interest Rate
Default Rate
Environmental Laws
Essential Services
Event of Default
Expiry Date
Fit-out Works
GST
Guarantor
Initial Term
Insurance Requirements
Land
Landlord
Landlord's Property
Lease
Lease Year
Lettable Area
Market Rent
Net Lettable Area
Operating Expenses
Outgoings
Parking Spaces
Permitted Use
Premises
Property Manager
Renewal Period
Rent
Rent Commencement Date
Rent Payment Date
Rent Review Date
Security Deposit
Services
Tenant
Tenant's Business
Tenant's Improvements
Term
Utilities
Working Days
Term
Rent
Operating Expenses
Security Deposit
Permitted Use
Access and Hours of Operation
Maintenance and Repairs
Alterations and Improvements
Utilities and Services
Insurance
Assignment and Subletting
Default and Remedies
Termination
Quiet Enjoyment
Building Rules and Regulations
Signage
Health and Safety
Environmental Compliance
Property Damage
Force Majeure
Indemnification
Representations and Warranties
Notice
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Registration
Renewal
Rent Review
Common Areas
Car Parking
Building Access
Security
Emergency Procedures
Compliance with Laws
GST
Outgoings
Yield Up
Fire Safety
Waiver
Costs
Real Estate
Professional Services
Financial Services
Technology
Healthcare
Legal Services
Consulting
Insurance
Banking
Government and Public Sector
Education
Retail Corporate Offices
Manufacturing Corporate Offices
Telecommunications
Media and Communications
Legal
Finance
Operations
Facilities Management
Real Estate
Administration
Risk and Compliance
Procurement
Corporate Services
Executive Leadership
Property Management
Chief Executive Officer
Chief Financial Officer
Facilities Manager
Property Manager
Real Estate Manager
Legal Counsel
Operations Director
Office Manager
Procurement Manager
Risk Manager
Commercial Director
Business Development Manager
Administrative Director
Finance Director
Corporate Services Manager
Compliance Officer
Property Lawyer
Real Estate Agent
Leasing Executive
Asset Manager
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