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1. Parties: Identifies all parties to the agreement: the original tenant (Assignor), the new tenant (Assignee), and the Landlord
2. Background: Provides context about the original lease and the reason for assignment
3. Definitions: Defines key terms used throughout the agreement, including 'Original Lease', 'Premises', 'Assignment Date', etc.
4. Assignment: Core clause transferring the lease from Assignor to Assignee
5. Effective Date: Specifies when the assignment takes effect
6. Landlord's Consent: Documents the landlord's formal consent to the assignment
7. Assignor's Covenants: Assignor's warranties and obligations regarding the lease and premises
8. Assignee's Covenants: Assignee's commitments to assume lease obligations and comply with terms
9. Rent and Security Deposit: Details handling of rent payments and security deposit transfer
10. Release of Assignor: Terms of releasing original tenant from lease obligations, if applicable
11. Representations and Warranties: Statements of fact by parties about their authority and the lease status
12. Notices: How and where formal communications between parties should be sent
13. Governing Law: Specifies applicable Canadian jurisdiction
14. Execution: Signature blocks and execution requirements
1. Condition Precedents: Used when assignment is subject to specific conditions being met first
2. Guarantor: Include when a guarantor is required for the Assignee
3. Environmental Matters: Required for commercial properties with potential environmental concerns
4. Outstanding Violations: Include if there are existing building or lease violations to address
5. Broker/Agent Fees: Include if real estate agents or brokers were involved
6. Improvements and Fixtures: Used when dealing with tenant improvements or fixtures
7. Indemnification: Additional indemnity provisions beyond standard terms
8. Assignment Fee: Include if landlord charges a fee for processing the assignment
1. Schedule A - Original Lease: Copy of the original lease agreement and any amendments
2. Schedule B - Premises Description: Detailed description or floor plan of the leased premises
3. Schedule C - Rent Schedule: Details of current and future rent payments
4. Schedule D - Security Deposit Statement: Documentation of security deposit transfer details
5. Schedule E - Landlord's Consent Form: Formal consent document if separate from main agreement
6. Schedule F - Condition Report: Current condition of premises at time of assignment
7. Appendix 1 - Required Certificates: Insurance certificates, licenses, or permits
8. Appendix 2 - Financial Statements: Assignee's financial information if required by landlord
Assignor
Assignee
Landlord
Original Lease
Premises
Assignment Date
Effective Date
Lease Term
Remaining Term
Basic Rent
Additional Rent
Security Deposit
Common Areas
Permitted Use
Original Lease Documents
Assignment Consideration
Guarantor
Business Day
Lease Year
Operating Costs
Property
Building
Improvements
Applicable Laws
Encumbrances
Event of Default
Confidential Information
Notice
Parties
Outstanding Obligations
Assignment Fee
Transfer
Consent
Assignment
Consent
Consideration
Representations and Warranties
Covenants
Release
Security Deposit
Rent and Payments
Conditions Precedent
Transfer of Obligations
Indemnification
Insurance
Property Condition
Landlord's Rights
Default
Remedies
Notice
Confidentiality
Assignment and Subletting
Entire Agreement
Amendment
Severability
Governing Law
Counterparts
Further Assurances
Time of Essence
Force Majeure
Successors and Assigns
Costs and Expenses
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Manufacturing
Warehousing
Professional Services
Legal
Real Estate
Property Management
Facilities
Operations
Compliance
Administrative
Contract Management
Asset Management
Risk Management
Property Manager
Real Estate Lawyer
Leasing Manager
Tenant Relations Manager
Legal Counsel
Real Estate Agent
Commercial Lease Administrator
Property Administrator
Facilities Manager
Asset Manager
Real Estate Portfolio Manager
Compliance Officer
Contract Administrator
Real Estate Operations Manager
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