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Office space lease agreement between legal entities

Office space lease agreement between legal entities

Attention! The Law and Law Law Company draws your attention to the fact that this document is basic and does not always meet the requirements of a specific situation. Our lawyers are ready to assist you in drafting any legal document that suits your situation. For more information, please contact a Lawyer/Lawyer by phone; +7 (708) 971-78-58; +7 (727) 971-78-58.

Lease agreement for premises No.

city of Almaty                                                                                                            "20" April, 2021

Almaty city branch Public Associations "...............", hereinafter referred to as the "Lessor", represented by the Deputy Chairman ................, acting on the basis of Power of Attorney No. 39 dated January 27, 2021 and The Regulations on the branch, on the one hand, and the Law and Law Law Firm represented by General Director Sarzhanov G.T. acting on the basis of the Charter, hereinafter collectively referred to as the Parties, and each Party individually, have concluded this lease agreement (hereinafter referred to as the Agreement) on the following.

Subject of the Agreement

1.1. The Lessor undertakes to provide, for a fee and for temporary use, a room with a total area of 18.5 sq.m. (hereinafter referred to as the Room) located at 79/71 Abylai Khan Ave., office 313, Almaty, and the Lessee undertakes to accept the Room from the Lessor, make timely payment and return it in the condition in which he received it. It was received taking into account normal wear and tear.

Office space lease agreement between legal entities

1.2. The premises are considered transferred from the moment the Parties sign the Acceptance Certificate, which is Appendix No. 1 to the Agreement and is an integral part of it. The Lessor's property, which is transferred for use to the Lessee, is indicated in the Act of Acceptance and Transfer, which is Appendix No. 2 to the Agreement and is an integral part of it. 1.3. The room must be used for its intended purpose as an office.

The amount of rent and the settlement procedure under the Contract

2.1. The Lessee pays the Lessor a rent in the amount of 3,000 (three thousand) tenge per 1 (one) square meter of the premises for the use of the Premises. 2.2. The monthly rent for the use of the Premises is 55,500 (fifty-five thousand five hundred) tenge, including value added tax. 2.3. Payment under the Agreement is made by the Lessee before the conclusion of this agreement. Further, rental payments are made monthly no later than the 25th of the current month by transferring to the Lessor's current account the amount of prepayment for the next month in the amount specified in clause 2.2 of this Agreement. The Lessee has the right to make the prepayment amount specified in clause 2.2 of this Agreement for several months. 2.4. On a quarterly basis and before the termination of the Agreement, the Parties draw up a Reconciliation Report. 2.5. All settlements under the Agreement, including the accrual of penalties and the calculation of compensation for possible losses, are made only in the national currency-tenge. 2.6. The rent accrued under the Contract includes payment for utilities (hot, cold water, sewerage, electricity, heating) provided to the Tenant. 2.7. The Tenant undertakes to pay for telephone services (subscription fees, international, long-distance, inter-district telephone calls, as well as calls to subscriber numbers of cellular operators) and the Internet. The Tenant is obliged to coordinate with the Landlord all changes in the placement and use of subscriber telephone points located on the Premises occupied by him.

Term of the Agreement

3.1. The Agreement comes into force on April 20, 2021 and is valid until December 31, 2021. 3.2. Within 3 (three) calendar days after the expiration of the period specified in clause 4.1. of the Agreement, the Lessee returns the Premises and the Lessor's property according to the Acceptance and Transfer Certificate.

Rights and obligations of the Parties

4.1. The Lessor undertakes to: - transfer the Premises to the Lessee in a condition suitable for operation on the terms and within the time limits stipulated in the Agreement; - not to prevent the Lessee from using the Premises for its intended purpose; - to provide the Lessee's representatives with free access to the Premises in accordance with the procedure established by the current rules of the Lessor, which the Lessor informs upon signing the Agreement;

Office space lease agreement between legal entities

- within the time limits specified in the written notice of early termination of the Agreement, accept the Premises and property from the Lessee in accordance with the Act of Acceptance and Transfer in accordance with clause 7.1. of this Agreement; 4.2. The Lessee undertakes to: - use the Premises in accordance with the terms of the Agreement; - check the technical condition of the Premises provided under the Agreement in the presence of the Lessor; - timely pay the rent payment in accordance with the procedure and conditions established by Section 2 of the Contract; - to maintain the Premises (including common areas (landings, stairs, etc. d.) in accordance with the procedure provided for by sanitary and fire-fighting rules and regulations, do not commit actions capable of causing damage to the Premises or engineering communications located in it; comply with fire-fighting rules, as well as rules for the use of thermal and electric energy, and prevent overloading of power grids; - not to carry out the reconstruction and redevelopment of the Premises without the written consent of the Landlord and at their own expense to repair the damage caused to the Premises through their own fault; - in case of refusal of further lease, notify the Landlord in writing at least 1 (one) month before the day of the expected refusal. In case of non-compliance with the warning period, the Tenant pays the rent to the Landlord for the entire period of delay in notification, regardless of the period of release of the Premises.; - return the property to the Lessor after termination of the Contract under the acceptance certificate in the condition at the time of conclusion of the Contract, taking into account normal wear and tear, or within the time limits specified in the written notice of early termination of the Contract, transfer the Premises and property of the Lessor under the Acceptance Certificate in accordance with clause 7.1. of this Agreement;

Office space lease agreement between legal entities

- in cases of termination of the Agreement on any grounds stipulated by the Agreement, if the Tenant does not vacate and return the Premises according to the act. – upon receipt of the transfer (return) by the stipulated deadline, the Lessor has the right, on a commission basis, in the presence of a security officer of the Lessor, an economic officer, to independently vacate the Premises, while the Lessor draws up an appropriate act and inventory of the Tenant's inventory of goods stored in a separate room in the Lessor's building, which is sealed and guarded by the Lessor's security service. By signing the Contract, the Lessee gives his consent to vacate the Premises, compile an inventory of the commodity values located in the Premises, warehouse and take the commodity values under protection according to the documents drawn up, while the Lessee also confirms that he will not have any claims against the Lessor, including in terms of quantity, composition, etc. of commodity values (according to the inventory).. The Lessee compensates the Lessor's expenses related to the storage of the Tenant's inventory.

Responsibility of the Parties and dispute resolution procedure

5.1. The Parties are responsible for non-fulfillment or improper fulfillment of obligations under the Agreement in accordance with the current legislation of the Republic of Kazakhstan. 5.2. In case the Lessee fails to ensure the safety and integrity of the Premises and property (damage, damage, etc.) received under the Act of Acceptance and Transfer, the Lessee compensates the Lessor for direct actual damage. Compensation for damage to the Lessee is made by the Lessor on the basis of a bilateral act signed by the Parties. In case of loss of the Premises, the Lessee is obliged to reimburse the Lessor for the estimated cost of the Premises. In case of loss of the Lessor's property, the Lessee is obliged to reimburse the Lessor for the value of the property on the basis of a bilateral act signed by the Parties. 5.3. For the period of inability to use the Premises for its intended purpose (damage, damage to property, late return) due to the fault of the Tenant, the latter reimburses the Landlord for lost profits, which consists of monthly rent payments. 5.4. In case of late payment of rent, the Landlord has the right to collect a penalty in the amount of 0.5% for each day of delay from the late amount paid, but not more than 25% of the total amount of overdue rent payments. Payment of the penalty does not release the Parties from fulfilling their obligations under the Agreement. 5.5. The Lessee is not responsible for arrears for utilities and other payments from the Lessor and/or the previous Lessee.

Guarantees

6.1. Each Party hereby guarantees to the other Party that it is a person established in accordance with the established procedure and operating in accordance with the law. 6.2. Each Party has all the rights and powers necessary to sign the Agreement and fulfill its obligations under the Agreement. The signing and execution of the Agreement has been duly approved by the governing bodies of the relevant Party in accordance with the requirements of the constituent documents and legislation (if any).

Office space lease agreement between legal entities

6.3. The Lessor hereby certifies and guarantees that: has the appropriate legal capacity; has all the necessary title documents for the Premises of real estate leased under the Contract; is not at the stage of bankruptcy, rehabilitation, reorganization or liquidation, including in the courts there are no applications (or other forms of treatment) to initiate these processes.

Termination of the Agreement on the initiative of the Parties

 

Attention!   

       Law and Law Law Law draws your attention to the fact that this document is basic and does not always meet the requirements of a particular situation. Our lawyers are ready to assist you in legal advice, drawing up any legal document suitable for your situation.  

 For more information,  please contact a Lawyer / Attorney by phone: +7 (708) 971-78-58; +7 (700) 978 5755, +7 (700) 978 5085. 

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