抖阴短视频

Intercompany Lease Agreement Template for Philippines

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Key Requirements PROMPT example:

Intercompany Lease Agreement

"Need an Intercompany Lease Agreement for our Manila-based holding company leasing office space to our tech subsidiary, with specific provisions for shared IT infrastructure and transfer pricing compliance, targeting implementation by March 2025."

Document background
The Intercompany Lease Agreement is essential for formalizing property rental arrangements between affiliated companies in the Philippines. This document is typically used when one company within a corporate group owns real estate assets that are being leased to another company within the same group. The agreement must comply with Philippine civil law, corporate regulations, and tax requirements, particularly regarding transfer pricing rules to ensure arm's length transactions. It includes detailed provisions for rent determination, property maintenance, tax obligations, and regulatory compliance. The document is crucial for establishing clear legal relationships between related entities while maintaining proper corporate governance and protecting both parties' interests under Philippine jurisdiction. It serves as both a legal requirement and an internal control document, helping organizations manage their intercompany relationships effectively while satisfying regulatory oversight requirements.
Suggested Sections

1. Parties: Identification of the lessor and lessee companies, including registration details and authorized representatives

2. Background: Context of the lease arrangement, relationship between the parties, and purpose of the agreement

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

4. Demised Premises: Detailed description of the leased property and any included fixtures or facilities

5. Lease Term: Duration of the lease, commencement date, and renewal provisions

6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment, including transfer pricing considerations

7. Security Deposit: Amount, terms, and conditions for the security deposit

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

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

10. Utilities and Services: Responsibility for utilities, services, and related charges

11. Insurance: Required insurance coverage and responsibilities

12. Taxes and Assessments: Allocation of tax responsibilities and handling of government assessments

13. Default and Remedies: Events of default and available remedies for both parties

14. Termination: Grounds and procedures for early termination

15. Governing Law: Specification of Philippine law as governing law and jurisdiction

16. Notices: Process and addresses for formal notices between parties

17. Entire Agreement: Integration clause and relationship to other agreements

Optional Sections

1. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in areas prone to natural disasters

2. Assignment and Subletting: Include if subletting or assignment rights are to be granted

3. Alterations and Improvements: Include if significant modifications to the property are anticipated

4. Environmental Compliance: Include for properties where environmental regulations are significant

5. Shared Facilities: Include if the property includes common areas or shared facilities

6. Group Company Guarantees: Include if parent company or group company guarantees are required

7. Transfer Pricing Compliance: Detailed section on transfer pricing compliance if required by tax authorities

8. Right of First Refusal: Include if lessee is to have priority rights for property purchase

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the property including floor plans and boundaries

2. Schedule 2 - Rent Calculation: Detailed breakdown of rent calculation and transfer pricing methodology

3. Schedule 3 - Service Charges: List of service charges and their calculation methods

4. Schedule 4 - Condition Report: Initial condition report of the premises

5. Schedule 5 - Building Rules: Building rules and regulations if applicable

6. Appendix A - Transfer Pricing Documentation: Supporting documentation for arm's length rental determination

7. Appendix B - Required Insurances: Detailed list of required insurance coverage

8. Appendix C - Maintenance Schedule: Detailed maintenance responsibilities and schedules

Authors

Alex Denne

Head of Growth (Open Source Law) @ 抖阴短视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





































Clauses

































Relevant Industries

Real Estate

Manufacturing

Retail

Financial Services

Technology

Shared Services

Healthcare

Hospitality

Logistics

Professional Services

Construction

Energy

Relevant Teams

Legal

Finance

Tax

Compliance

Real Estate

Facilities Management

Corporate Secretariat

Risk Management

Treasury

Operations

Corporate Governance

Relevant Roles

Chief Financial Officer

Legal Counsel

Corporate Secretary

Real Estate Manager

Facilities Manager

Tax Director

Compliance Officer

Property Manager

Finance Director

Corporate Governance Officer

Risk Manager

Treasury Manager

Operations Director

Business Unit Head

General Counsel

Industries








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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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