Corporate Lease Agreement Template for Nigeria

1. Parties: Identification of the Landlord and Tenant, including full corporate names, registration numbers, and registered addresses

2. Background: Context of the lease arrangement and brief description of the premises

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

4. Demise: The formal grant of lease, specifying the premises being leased

5. Term: Duration of the lease, including commencement and expiration dates

6. Rent: Rent amount, payment terms, review provisions, and payment method

7. Security Deposit: Details of security deposit amount, terms of holding, and conditions for return

8. Permitted Use: Specified authorized uses of the premises

9. Tenant's Covenants: Tenant's obligations including maintenance, repairs, alterations, and compliance with laws

10. Landlord's Covenants: Landlord's obligations including quiet enjoyment and structural repairs

11. Insurance: Insurance requirements for both parties

12. Assignment and Subletting: Conditions under which the tenant may assign or sublet the premises

13. Termination: Circumstances and procedures for early termination

14. Forfeiture: Conditions under which the landlord may forfeit the lease

15. Notices: Process for serving notices between parties

16. Governing Law: Specification of Nigerian law as governing law and jurisdiction

17. Execution: Formal execution clause and signing blocks

1. Schedule 1 - Property Description: Detailed description of the premises including floor plans and measurements

2. Schedule 2 - Plan: Floor plans and site maps of the premises

3. Schedule 3 - Inventory: List of fixtures, fittings, and equipment included in the lease

4. Schedule 4 - Service Charge Items: Detailed breakdown of service charge components and calculations

5. Schedule 5 - Building Rules and Regulations: Specific rules applicable to the premises or building

6. Schedule 6 - Form of Rent Review Notice: Template for rent review notifications

7. Schedule 7 - Permitted Alterations: List of alterations that can be made without landlord's consent

8. Appendix A - Corporate Authorizations: Copies of corporate authorizations and board resolutions