Warehouse Lease Agreeement

Document Sample
Warehouse Lease Agreeement
WAREHOUSE LEASE AGREEMENT

THIS INDENTURE made in duplicate as of the ___ day of _________, 20____.



B E T W E E N:



___________________________,



(hereinafter called the "Landlord"),



OF THE FIRST PART,



- and -



___________________________,



(hereinafter called the "Tenant"),



OF THE SECOND PART.





WITNESS that in consideration of the rents, covenants and agreements hereinafter

reserved and contained on the part of the Tenant, his/her heirs, executors, administrators, successors

and assigns to be paid, observed and performed, the Landlord hereby leases unto the Tenant, his/her

heirs, executors, administrators, successors and assigns for use and occupation as residential

premises and for no other purpose, all those certain premises known municipally as

_____________________ (hereinafter called the "Premises") upon the following terms and

conditions:



1.00 To have and to hold the Premises for and during the term of __________ (____)

months/years to be computed from the and ending on the _____ day of _____________, 20____,

(hereinafter called the "Term").



2.00 Yielding and paying therefor unto the Landlord during the said Term the sum of

________________ ($__________) Dollars in lawful money of United States/Canada to be payable

in equal consecutive monthly instalments of ______________ ($__________) Dollars each payable

in advance on the ______ (___) day of each and every month during the said Term.



3.00 The Tenant covenants and agrees to deliver rental payments to the Landlord by the

date due. If rental payments are not received by the date due, a collection charge of ________

($_____) Dollars in addition to the monthly rent will immediately become due and payable. In

addition, for each cheque not honoured by the Bank or Trust Company upon which it is drawn, a

collection charge of __________ ($_______) Dollars in addition to the monthly rent will become

immediately due and payable.



4.00 The Landlord and the Tenant mutually covenant and agree that whenever in this lease

notice is required to be given by either the Landlord or the Tenant to the other, the same shall be in

writing and, except as otherwise provided, be deemed to be sufficiently given if mailed postage

prepaid and registered mail to the Tenant at the Premises and notice to the Landlord shall be

addressed to ______________________. Notice so given shall be deemed to have been received by

the addressee on the fourth postal delivery day following the date on which it is so mailed.

5.00 The Tenant covenants and agrees to pay rent, maintain the Premises in an ordinary

state of cleanliness, and repair any damage caused to the Premises by his/her wilful or negligent

conduct or that of persons who are permitted on the Premises by him. The Tenant further covenants

to leave the Premises in an ordinary state of cleanliness upon termination of this Lease in the same

condition as now exists, reasonable wear and tear excepted.



6.00 The Tenant covenants and agrees that it shall be his/her sole responsibility to pay for

all heat, hydro, water gas, cable and telephone charge required for the Premises and the Tenant

further covenants and agrees to hold the Landlord harmless for all accounts aforesaid including

arrears and penalties thereof



7.00 The Tenant covenants and agrees that he/she shall promptly notify the Landlord of

any repairs required to be made by the Landlord and, subject to the applicable provisions of the Act,

the Landlord shall be permitted to enter the Premises for the purposes of viewing and making any

such necessary repairs. The Landlord shall be permitted a reasonable time within which to make any

such repairs that are necessary.



8.00 The Tenant covenants and agrees not to assign or sublet this Lease.



9.00 The Landlord covenant with the Tenant for quiet enjoyment.



10.00 The Tenant covenants and agrees that he/she will not at any time during the Term,

use, or permit the use of the Premises for a

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