Lease of Land in favour of a Club by Shiva

Lease of Land in favour of a Club

THIS LEASE made on the . . . . . . . . day of . . . . . . . ., 20 . . . . . . . . . BETWEEN A. B. (hereinafter called ‘‘the Lessor’’) of the one part AND . . . . . Secretary of the . . . . . . . . Club at . . . . . . . . (hereinafter called ‘‘the Lessee’’) of the other part:

WITNESSES as follows:

1. The Lessor hereby demises to the Lessee ALL that etc. TO HOLD the premises hereby demised to the Lessee for the purpose of the said . . . . . . . . Club from the day of . . . . . . . . for the term of . . . . . . . .years; PAYING therefor during the said term the yearly rent of Rs . . . . . . . . . . by monthly payments of Rs . . . . . . . . on the . . . . . . . . day of every month.

2. The Lessee hereby covenants with the Lessor as follows:

(i) That he will during the said term pay to the Lessor the yearly rent hereby reserved on the days and in the manner hereinbefore appointed;

(ii) That if any monthly instalment of the rent hereby reserved or any part thereof shall at any time be in arrears and unpaid for the space of one calendar month next after the day whereon the same shall have become due the Lessee shall pay interest at the rate of. . . . . . . .per cent per annum;

(iii) That he will pay all rates, taxes and other charges (except land tax) now chargeable or hereafter to be chargeable in respect of the demised premises;

(iv) That the Lessee will not, without the previous consent in writing of the Lessor, erect or suffer to be erected on any part of the said demised premises any building other than and except the building or structure already erected for the Club and shown in the plan annexed hereto;

(v) That the demised premises shall be used only for the purposes of club as aforesaid and for no other purpose;

(vi) That he will not transfer or sublet his rights under this lease without the consent in writing of the Lessor;

(vii) That he will on the expiration or sooner determination of the said term peaceably surrender and yield up the demised premises, to the Lessor and the Lessor in such an event may, at his option, either purchase the buildings, water-pipes and other structures or fixtures belonging to the Lessee and standing on the demised land upon the valuation of the Lessee or may permit the Lessee to remove the same.

3. The Lessor hereby covenants with the Lessee as follows:

(i) That the Lessee paying the rent hereby reserved and performing and observing the covenants and conditions herein contained and on his part to be performed and observed shall and may peaceably and quietly hold, possess and enjoy the said demised premises during the said term in the manner aforesaid without any unlawful interruption or disturbance by the Lessor or any person or persons whomsoever;

(ii) That the Lessor shall pay the land tax now imposed or hereafter to be imposed on the demised premises:

PROVIDED ALWAYS and it is hereby agreed as follows:

(i) That whenever any part of the rent hereby reserved shall be in arrears for . . . . . . . . months after due date or there shall be a breach of any of the covenants by the Lessee herein contained the Lessor may re-enter on the demised premises and determine his lease.

(ii) That the tenancy hereby created shall be determinable at the option of the Lessor/Lessee (or either party) by giving to the Lessee/Lessor (or, the other party) . . . . . . . . calendar months’ notice in writing.

Interpretation clause.—That wherever such an interpretation would be necessary in order to give the fullest scope and effect legally possible to any covenant or contract herein contained the expression ‘‘the Lessor’’ hereinbefore used shall include the owner for the time being of the Lessor’s interest in the demised premises and the expression ‘‘the Lessee’’ hereinbefore used shall include his heirs, executors, administrators and permitted assigns.

IN WITNESS WHEREOF the parties hereto have hereunder signed this deed on the dates mentioned against their respective signatures.