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Commercial Sublease Agreement
"I need a Commercial Sublease Agreement for subletting 500 square meters of office space in Brussels to a technology startup, with the term starting March 1, 2025, including specific provisions for 24/7 access and the installation of IT infrastructure."
1. Parties: Identification of the sublandlord and subtenant, including full legal names, registration numbers, and registered addresses
2. Background: Context of the sublease, including reference to the head lease and confirmation of authority to sublease
3. Definitions: Definitions of key terms used throughout the agreement, including Property, Head Lease, Term, and Permitted Use
4. Grant of Sublease: Formal grant of the sublease and description of the subleased premises
5. Term and Renewal: Duration of the sublease, commencement date, and any renewal options, ensuring compliance with the 9-year minimum term under Belgian law
6. Rent and Other Charges: Rent amount, payment terms, service charges, utilities, and other financial obligations
7. Deposit and Guarantees: Details of security deposit and any other required financial guarantees
8. Use of Premises: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements
10. Insurance and Liability: Insurance requirements and allocation of risks
11. Head Lease Obligations: Subtenants obligations in relation to the head lease and mechanisms to prevent breach
12. Assignment and Further Subletting: Rights and restrictions regarding assignment and further subletting
13. Termination: Termination rights and procedures, including early termination provisions
14. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction
1. Environmental Matters: Required when the property or intended use has specific environmental implications or requires permits
2. Alterations and Improvements: Needed when the subtenant requires rights to make specific modifications to the premises
3. Trading Requirements: Required for retail premises or when specific trading hours or conditions need to be specified
4. Signage and Branding: Relevant for retail or commercial premises where exterior signage is important
5. Service Charge Provisions: Required for properties in multi-tenant buildings or complexes
6. Break Clause: Optional early termination rights for either party
7. Green Lease Provisions: Environmental sustainability obligations and targets, if relevant
8. Quiet Enjoyment: Additional provisions regarding peaceful possession and use of the premises
1. Schedule 1 - Property Description: Detailed description of the subleased premises, including plans and measurements
2. Schedule 2 - Head Lease: Copy or relevant excerpts of the head lease
3. Schedule 3 - Rent Review Provisions: Detailed mechanism for rent reviews and calculations
4. Schedule 4 - Service Charges: Breakdown of service charges and calculation methodology
5. Schedule 5 - Condition Report: Initial condition report of the premises
6. Schedule 6 - Permitted Alterations: Details of any pre-approved alterations or improvements
7. Schedule 7 - Building Rules: Building regulations and operational rules if in a multi-tenant property
8. Appendix A - Energy Performance Certificate: Mandatory energy performance documentation
9. Appendix B - Environmental Permits: Copies of relevant environmental permits and certificates
Authors
Demise
Term
Rent
Service Charges
Security Deposit
Utilities
Use of Premises
Head Lease Compliance
Insurance
Repairs and Maintenance
Alterations
Assignments and Subletting
Landlord's Covenants
Tenant's Covenants
Environmental Compliance
Health and Safety
Access Rights
Quiet Enjoyment
Force Majeure
Termination
Break Rights
Default and Remedies
Registration
Notices
Costs
Governing Law
Dispute Resolution
Entire Agreement
Severability
VAT
Energy Performance
Fire Safety
Property Management
Common Areas
Signage Rights
Trading Hours
Building Rules
Yield Up
Indemnification
Guarantees
Renewal Rights
Rent Review
Consent Requirements
Condition of Premises
Nuisance Prevention
Emergency Provisions
Retail
Office Space
Hospitality
Manufacturing
Logistics and Warehousing
Healthcare
Professional Services
Technology
Food and Beverage
Entertainment
Financial Services
Education
Legal
Real Estate
Facilities Management
Finance
Operations
Risk and Compliance
Property Management
Business Development
Procurement
Corporate Services
Real Estate Manager
Facilities Manager
Chief Financial Officer
Business Development Manager
Property Manager
Legal Counsel
Operations Director
Chief Operating Officer
Expansion Manager
Asset Manager
Commercial Director
Procurement Manager
Contract Manager
Risk Manager
Company Secretary
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