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Guarantee Lease Agreement
"I need a Guarantee Lease Agreement for a commercial warehouse property in Jakarta, where the tenant is a new logistics company and their parent company will act as guarantor, with the lease term starting March 1, 2025."
1. Parties: Identification of all parties: Landlord, Tenant, and Guarantor(s)
2. Background: Context of the agreement, including property details and purpose of the guarantee
3. Definitions: Definitions of key terms used throughout the agreement
4. Lease Terms: Core lease provisions including duration, rent amount, and payment terms
5. Guarantee Provisions: Scope and extent of the guarantee, including guarantor's obligations and limitations
6. Property Use and Maintenance: Terms regarding permitted use, maintenance responsibilities, and property condition
7. Security Deposit: Details of security deposit amount, handling, and conditions for return
8. Insurance Requirements: Required insurance coverage for property and liability
9. Default and Remedies: Events of default and available remedies for both lease and guarantee provisions
10. Termination: Conditions and procedures for termination of the lease and guarantee
11. Notices: Requirements for formal communications between parties
12. Governing Law and Jurisdiction: Specification of Indonesian law application and jurisdiction
13. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Foreign Investment Provisions: Required when the tenant or guarantor is a foreign entity, addressing specific requirements under Indonesian foreign investment laws
2. Multiple Guarantors: Additional provisions needed when there is more than one guarantor, defining joint and several liability
3. Property Improvement Rights: Terms regarding tenant's rights to make improvements or modifications to the property
4. Subletting and Assignment: Terms regarding the right to sublet or assign the lease, if permitted
5. Force Majeure: Specific provisions for handling unforeseen circumstances or events beyond parties' control
6. Environmental Compliance: Required for properties where environmental regulations are particularly relevant
7. Building Management Rules: Necessary for properties in managed buildings or complexes
1. Schedule 1 - Property Description: Detailed description of the leased property, including floor plans and boundaries
2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments, including escalation rates if applicable
3. Schedule 3 - Condition Report: Initial condition report of the property with photographs
4. Schedule 4 - Permitted Use: Detailed description of permitted activities and use restrictions
5. Schedule 5 - Guarantor Financial Information: Required financial information and documentation from guarantor
6. Schedule 6 - Building Rules and Regulations: Specific rules and regulations applicable to the property
7. Appendix A - Form of Notice: Standard forms for various notices required under the agreement
8. Appendix B - Handover Protocol: Procedures and checklist for property handover
Authors
Applicable Laws
Building
Business Day
Commencement Date
Common Areas
Default Event
Default Notice
Guarantee
Guarantee Period
Guarantor
Initial Term
Landlord
Lease
Lease Period
Leased Premises
Maintenance Charges
Option Period
Permitted Use
Property
Rent
Renewal Term
Security Deposit
Service Charges
Tenant
Term
Termination Date
Utilities
Working Hours
Building Rules
Force Majeure Event
Guarantor's Obligations
Insurance Requirements
Notice
Operating Expenses
Payment Date
Relevant Authority
Rental Year
Schedule of Condition
Serious Breach
Grant of Lease
Term and Renewal
Rent and Payment
Security Deposit
Guarantee Provisions
Guarantor Obligations
Property Use
Maintenance and Repairs
Alterations and Improvements
Insurance
Utilities and Services
Assignment and Subletting
Landlord's Covenants
Tenant's Covenants
Guarantor's Covenants
Default and Remedies
Force Majeure
Termination
Property Return
Indemnification
Notices
Costs and Stamp Duty
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendments
Confidentiality
Registration
Compliance with Laws
Environmental Protection
Health and Safety
Access Rights
Quiet Enjoyment
Representations and Warranties
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Hospitality
Office Space
Manufacturing
Warehousing
Education
Healthcare
Legal
Real Estate
Facilities Management
Finance
Risk Management
Operations
Compliance
Property Management
Asset Management
Corporate Secretariat
Investment
Legal Counsel
Property Manager
Real Estate Director
Facilities Manager
Commercial Director
Chief Financial Officer
Risk Manager
Asset Manager
Leasing Manager
Corporate Secretary
Compliance Officer
Operations Manager
Property Development Manager
Real Estate Investment Manager
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