Property_Manu - Final - The New India Assurance Co. Ltd.

The New India Assurance Co.Ltd.DRAFT OF STANDARD LEASE AGREEMENTTHIS INDENTURE MADE THIS .......... day of ..................Two thousand and .............. BETWEENShri/Smt. ....................... son/wife/widow/daughter of .......... residing at Premises No................ inthe town/city of .......... in the State of ................ hereinafter for brevity called “THE LESSOR” whichterm or expression unless excluded by or repugnant to the subject, contest or meaning thereofshall be deemed to mean and include his/her heirs, executors, administrators and legalrepresentatives and assign or assigns of the ONE PART.OR...................... Company Limited an existing Company within the meaning of Companies act, 1956having its registered office at ............................. in the town/city of ............... hereinafter for brevitycalled “THE LESSOR” (which term or expression unless excluded by or repugnant to the subjectcontext or meaning thereof shall be deemed to mean and include its successor or successorsand assignor or assignors of the ONE PART.ANDThe New India Assurance Company Limited, a company incorporated under the IndianCompanies Act, 1956 having its Registered and Head Office at 87, M. G. Road, Fort, in the townof Mumbai – 400 001, and carrying on business inter-alia in the town/city of .............. in the Stateof ............... hereinafter called “THE LESSEE” (which term or expression unless excluded by orrepugnant to the subject context or meaning thereof shall be deemed to mean and include itssuccessor or successors) of the OTHER PART.WHEREAS the Lessee advertised in the News papers inviting offers for letting out office spacenot less than ............. sq./ ft. in Office area, in the city/town of ............. in the State of ...........AND WHEREAS in response to such advertisement the Lessor offered to let out office space of............... sq. ft. (approx.) of carpet area on the ...... floor of the building known as ................. in thecity/town ............... in the State of .............. (more fully described in the schedule hereunder written).AND WHEREAS the Lessor is seized and possessed of and is otherwise well and sufficientlyentitled to the said office space in the said building at the said premises No............................... inthe town/city of ..................... (please set out here short description of the space to be let out).AND WHEREAS the Lessor has agreed to grant and the Lessee has agreed to take the saidoffice space (hereinafter for brevity referred to as the “demised premises”) for a period of six/MANUAL ON PROPERTY79