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Sale Lease Back Agreement
"Need a Sale Lease Back Agreement for our manufacturing facility in Singapore, where we want to sell the property to ABC Investment Fund for SGD 25 million and lease it back for an initial period of 10 years starting March 2025, with an option to extend for two additional 5-year terms."
1. Parties: Identification of seller and buyer/lessee, including registration details and addresses
2. Background: Context of the transaction, property details, and purpose of the arrangement
3. Definitions: Key terms used throughout the agreement
4. Sale Terms: Purchase price, payment terms, completion date, and property transfer conditions
5. Leaseback Terms: Lease duration, rental amounts, payment schedule, and usage rights
6. Representations and Warranties: Statements of fact and assurances from both parties
7. Maintenance and Repairs: Responsibilities for property upkeep and repairs
8. Insurance: Required insurance coverage and responsibilities
9. Default and Remedies: Consequences of breach and available remedies
10. Governing Law: Applicable Singapore law and jurisdiction
1. Option to Purchase: Terms for buyer to repurchase property - include when parties agree to include buyback provisions
2. Property Management: Specific management arrangements - include for commercial properties or complex arrangements
3. Tax Provisions: Special tax arrangements or allocations - include when specific tax treatments are agreed
4. Environmental Matters: Environmental compliance and responsibilities - include for industrial or contaminated properties
1. Property Description Schedule: Detailed description of property including boundaries and floor plans
2. Rental Payment Schedule: Detailed breakdown of rental payments and dates
3. Condition Report: Current condition of property at time of sale
4. Permitted Uses Schedule: Specified allowed uses of the property
5. Insurance Requirements Schedule: Detailed insurance specifications
6. Title Documents: Copies of relevant title documents and searches
7. Maintenance Schedule: Detailed maintenance responsibilities and schedules
Authors
Applicable Laws
Base Rent
Business Day
Commencement Date
Completion
Completion Date
Consideration
Deposit
Effective Date
Encumbrances
Event of Default
Fixtures and Fittings
Force Majeure
GST
Initial Term
Land
Lease
Lease Period
Lease Term
Lessee
Lessor
Operating Expenses
Option to Purchase
Parties
Permitted Use
Property
Purchase Price
Renewal Term
Rent
Rental Payment Date
Sale Property
Security Deposit
Seller
Service Charge
Stamp Duty
Taxes
Term
Title Documents
Transfer Date
Utilities
Purchase Price and Payment
Completion
Property Transfer
Lease Grant
Rent and Payment Terms
Security Deposit
Property Use and Access
Maintenance and Repairs
Insurance
Property Tax
Utilities
Assignment and Subletting
Alterations and Improvements
Option to Purchase
Representations and Warranties
Indemnification
Default and Remedies
Force Majeure
Notices
Confidentiality
Compliance with Laws
Environmental Matters
Health and Safety
Termination
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Registration
Costs and Stamp Duty
Third Party Rights
Counterparts
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