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1. Parties: Identification of the Assignor (current tenant), Assignee (new tenant), and Landlord
2. Background: Details of the original lease, property description, and reason for assignment
3. Definitions: Definitions of key terms used throughout the agreement
4. Landlord's Consent: Confirmation of the landlord's consent to the assignment
5. Assignment: Core provision transferring the lease from Assignor to Assignee
6. Consideration: Details of any payment made for the assignment
7. Assignor's Covenants: Warranties and representations by the Assignor regarding the lease
8. Assignee's Covenants: Assignee's obligations to comply with lease terms and indemnities
9. Effective Date and Handover: When the assignment takes effect and provisions for possession
10. Registration and Stamp Duty: Responsibilities for registration and payment of applicable duties
11. Governing Law and Jurisdiction: Confirmation of Indian law application and jurisdiction
12. Execution: Signature blocks and execution formalities
1. Security Deposit Transfer: Terms for transferring existing security deposit, used when there is a security deposit under the original lease
2. Outstanding Charges: Provisions for handling any pending rent, utilities, or maintenance charges, included when there are outstanding payments
3. Existing Modifications: Details of any modifications made to the property, included when alterations have been made
4. Third Party Consents: Additional consents required (e.g., mortgagee consent), included when third party approvals are necessary
5. Break Clause: Terms for early termination rights, included when parties want flexibility to end the assignment
6. Guarantor Provisions: Terms relating to any guarantor, included when there is a guarantor for the Assignee
1. Schedule 1 - Property Description: Detailed description of the leased property including address and boundaries
2. Schedule 2 - Original Lease: Copy or details of the original lease agreement being assigned
3. Schedule 3 - Rent and Payment Details: Breakdown of rent, payment terms, and other financial obligations
4. Schedule 4 - Inventory: List of fixtures, fittings, and equipment included in the assignment
5. Schedule 5 - Condition Report: Current condition of the property at the time of assignment
6. Appendix A - Landlord's Consent Letter: Formal written consent from the landlord
7. Appendix B - Required Certificates: Copies of relevant certificates (e.g., fire safety, occupancy)
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Banking and Financial Services
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Logistics and Warehousing
Professional Services
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Legal
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Compliance
Administrative Services
Risk Management
Corporate Services
Property Management
Real Estate Manager
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Operations Director
Business Development Manager
Commercial Property Agent
Lease Administrator
Contract Manager
Company Secretary
Chief Financial Officer
Real Estate Director
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