Free Style Samples of Commercial Lease Contents - Part Two

6. Obligations of the LESSOR/Landlord
6.1. The LESSOR/Landlord is responsible to pay the following expenses for the premises:
6.1.1. Municipal Taxes, School Taxes, Water Taxes, Property/Real Estate Taxes, and LESSOR/Landlord will fully heat the leased premises during the above mentioned terms.
6.2. The LESSOR/Landlord is responsible to make any repair and improvement of the building’s structure and it’s exterior.

7. Obligation of the LESSEE/Tenant
7.1. The LESSEE/Tenant is responsible to pay the following expenses for the premises:
7.1.1. Electricity, Business running permits.
7.2. The LESSEE/Tenant is responsible to all other expenses related its business activities that not mentioned above.

8. Peaceful Use of the Premises
8.1. The LESSEE/Tenant not to occupy or use the leased premises for other purposes than those mentioned hereinabove unless he first obtains LESSOR’S/Landlord’s permission which will not be unreasonable or arbitral withheld.

9. Insurance
9.1. The LESSOR/Landlord shall not be liable towards the LESSEE/Tenant or third parties for any damage caused by fire, smoke or gazes from fire or explosion or by water or theft or by any other cause whatsoever, to the rented premises or their accessories or the moveable effects equipment and merchandises of the LESSEE/Tenant or of other persons who may be on the premises unless it results from the LESSOR’S/Landlord’s fault or negligence. The LESSOR/Landlord shall neither be liable for damages or injuries to the LESSEE/Tenant through the acts or negligence of other occupants or tenants of the building unless it results from the LESSOR’S/Landlord’s fault or negligence. The LESSEE/Tenant obliges to take a renting responsibility insurance policy covering its occupation of the leased premises for an amount of not less than one (or two, or three) millions dollars ($1,000,000.00). (Or 2,000,000.00, or 3,000,000.00). The LESSOR/Landlord is responsible for the insurance of the building itself at his own cost.

10. Termination of the Lease
10.1. The LESSOR/Landlord may at his opinion, put an end of this lease, take possession of the leased premises and proceed to lease them for his benefit, if the LESSEE/Tenant will be in default hereunder in any of the following cases:
10.1.1. If the LESSEE/Tenant fails to pay his monthly rent as hereinabove stipulated within fifteen (15) days following their respective due date.
10.1.2. If the LESSEE/Tenant becomes bankrupt or insolvent.
10.1.3. If the LESSEE/Tenant will do anything which may be in violation of the conditions of the insurance policies or which may result in increased in insurance premiums.
10.1.4. If the LESSEE/Tenant sublease to third party without LESSOR’S/Landlord’s permission.
10.1.5. If the LESSEE/Tenant substantially damage the building.
10.1.6. If the LESSEE/Tenant makes the whole building damage because his personal intended careless.

(To be continued with Part Three)