5 Year Commercial Lease Agreement for Malta
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5 Year Commercial Lease Agreement
"I need a 5 Year Commercial Lease Agreement for a retail space in Valletta's main shopping district, starting March 1, 2025, with specific provisions for extended trading hours during tourist season and clear guidelines on storefront modifications."
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1. Parties: Identification of the landlord and tenant, including full legal names, registration numbers for companies, and registered addresses
2. Background: Context of the agreement, brief description of the property, and purpose of the lease
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Term', 'Rent', 'Permitted Use', etc.
4. Demise: The formal grant of the lease, specifying the property being leased and the term
5. Rent and Other Payments: Details of rent amount, payment terms, review mechanisms, and other financial obligations
6. Tenant Covenants: The tenant's obligations including maintenance, repairs, compliance with laws, and permitted use restrictions
7. Landlord Covenants: The landlord's obligations including structural repairs, insurance, and quiet enjoyment
8. Insurance: Insurance requirements for both parties, including building insurance and public liability insurance
9. Assignment and Subletting: Conditions under which the tenant may assign or sublet the property
10. Termination: Circumstances allowing early termination, break clauses, and consequences of termination
11. Indemnities: Mutual indemnifications and liability provisions
12. Notices: Process and requirements for serving formal notices under the agreement
13. Governing Law: Confirmation of Maltese law as governing law and jurisdiction
1. Fit-Out Works: Details of any initial fit-out works to be carried out, including approvals process and specifications - include when tenant will be performing initial modifications
2. Service Charge: Provisions for service charge if the property is part of a larger building or complex - include for multi-tenant buildings
3. Guarantor Provisions: Terms applying to any guarantor of the tenant's obligations - include when tenant provides a guarantor
4. Break Clause: Provisions allowing either party to terminate the lease early under specific conditions - include if parties negotiate break options
5. Green Lease Provisions: Environmental and sustainability obligations - include for buildings with specific environmental certifications or requirements
6. Change of Control: Provisions dealing with change in tenant's ownership - include for corporate tenants
7. Operating Hours: Specific provisions regarding permitted operating hours - include for retail or business premises with restricted hours
8. Signage Rights: Provisions regarding external and internal signage - include for retail or visible commercial premises
1. Schedule 1 - Property Description: Detailed description of the leased premises, including floor plans and measurements
2. Schedule 2 - Plan: Floor plans and site plans of the property
3. Schedule 3 - Inventory: List of any fixtures, fittings, and equipment included in the lease
4. Schedule 4 - Rent Review Provisions: Detailed mechanism for rent reviews including dates and calculation methods
5. Schedule 5 - Service Charge Items: Detailed list of services provided and covered by service charge (if applicable)
6. Schedule 6 - Building Rules: Rules and regulations for use of the property and common areas
7. Appendix A - Condition Report: Detailed report on the condition of the property at lease commencement
8. Appendix B - Fit-Out Specifications: Technical specifications for any agreed fit-out works (if applicable)
Authors
Tenant
Guarantor
Property
Building
Common Areas
Permitted Use
Term
Commencement Date
Expiry Date
Rent
Review Date
Service Charge
Operating Expenses
Security Deposit
Business Day
Insurance Rent
Insured Risks
Planning Acts
Requisite Consents
Statutory Requirements
Utilities
VAT
Working Hours
Conduits
Contamination
Environmental Laws
Force Majeure
Interest Rate
Lease Year
Market Rent
Outgoings
Planning Permission
Quarter Day
Rent Payment Date
Schedule of Condition
Service Media
Structural Parts
Superior Lease
Superior Landlord
Termination Date
Title Matters
Term and Renewal
Rent Payment
Rent Review
Service Charge
Insurance
Repairs and Maintenance
Alterations and Improvements
Permitted Use
Assignment and Subletting
Landlord Covenants
Tenant Covenants
Common Areas
Utilities and Services
Health and Safety
Environmental Compliance
Access Rights
Quiet Enjoyment
Security Deposit
Default and Remedies
Early Termination
Force Majeure
Notices
Costs and Expenses
VAT and Taxation
Governing Law
Dispute Resolution
Entire Agreement
Severability
Registration
Planning and Zoning
Building Rules
Signage Rights
Operating Hours
Compliance with Laws
Indemnification
Representations and Warranties
Retail
Office
Industrial
Hospitality
Healthcare
Technology
Financial Services
Professional Services
Manufacturing
Logistics
Entertainment
Food and Beverage
Education
Legal
Finance
Operations
Facilities Management
Real Estate
Risk and Compliance
Procurement
Business Development
Administration
Chief Executive Officer
Chief Financial Officer
Commercial Director
Facilities Manager
Property Manager
Real Estate Director
Legal Counsel
Operations Manager
Finance Manager
Business Development Manager
Store Manager
Branch Manager
Procurement Manager
Expansion Director
Risk Manager
Compliance Officer
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