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Commercial Sublease Agreement Template for Denmark

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Key Requirements PROMPT example:

Commercial Sublease Agreement

Document background
The Commercial Sublease Agreement is essential in situations where a business tenant wishes to transfer partial or full use of their leased premises to another business entity while maintaining the original lease with the master landlord. This document, governed by Danish law and particularly the Erhvervslejeloven, is commonly used when companies need to downsize, relocate, or optimize their space usage while being bound by an existing lease. The agreement must ensure compliance with the master lease terms while protecting all parties' interests. It typically includes detailed provisions about property use, maintenance responsibilities, rent payments, security deposits, and insurance requirements. The document must be carefully drafted to comply with Danish commercial property regulations and often requires the master landlord's explicit consent.
Suggested Sections

1. Parties: Identification of the Sublandlord (current tenant) and Subtenant, including business registration numbers (CVR)

2. Background: Context of the sublease, including reference to the master lease and confirmation of master landlord's consent

3. Definitions: Definitions of key terms used throughout the agreement

4. Premises: Detailed description of the subleased premises, including address, floor area, and included facilities

5. Term and Commencement: Duration of the sublease, commencement date, and any renewal options

6. Rent and Other Payments: Base rent, payment terms, deposit/guarantee requirements, and adjustment mechanisms

7. Operating Costs and Utilities: Allocation of costs for utilities, maintenance, and other operating expenses

8. Use of Premises: Permitted use of the premises and any restrictions

9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements

10. Insurance and Liability: Insurance requirements and allocation of risks

11. Assignment and Subletting: Restrictions on further assignment or subletting

12. Default and Remedies: Events of default and available remedies

13. Termination: Grounds for termination and notice requirements

14. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction

15. Signatures: Execution block for all parties

Optional Sections

1. Alterations and Improvements: Terms for making modifications to the premises, used when alterations are anticipated

2. Parking: Allocation of parking spaces, if applicable

3. Signage: Rights and restrictions regarding business signage, if relevant

4. Environmental Matters: Special environmental obligations or concerns, particularly for industrial properties

5. Security Arrangements: Access control and security measures, important for shared buildings

6. Service Charge Provisions: Detailed service charge calculations and allocations for multi-tenant buildings

7. Break Clause: Early termination options, if agreed

8. Guarantees: Personal or corporate guarantees, if required

9. Right of First Refusal: Options for extending the lease or acquiring additional space

Suggested Schedules

1. Floor Plan: Detailed plan showing the subleased premises and common areas

2. Master Lease: Copy of the primary lease agreement

3. Landlord's Consent: Written consent from the master landlord

4. Inventory: List of any furniture, fixtures, or equipment included in the sublease

5. Condition Report: Documentation of the premises' condition at commencement

6. Service Charge Budget: Estimated annual service charges and calculation method

7. Building Rules: Building regulations and operational guidelines

8. Insurance Requirements: Detailed insurance specifications

9. Environmental Compliance: Environmental certificates and requirements

10. Maintenance Schedule: Schedule of maintenance responsibilities and frequencies

Authors

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Relevant Industries
Relevant Teams
Relevant Roles
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Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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