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1. Parties: Identification of the Landlord and Tenant, including full legal names, registration details for companies, and addresses
2. Background: Brief context of the agreement, including property overview and intended use
3. Definitions: Detailed definitions of key terms used throughout the lease agreement
4. Demise: The formal grant of lease, specifying the property being leased
5. Term: Duration of the lease, including commencement and expiration dates
6. Rent: Rent amount, payment terms, and review mechanisms
7. Service Charges: Details of additional charges for building services and maintenance
8. Tenant's Covenants: Tenant's obligations including use, repair, alterations, and compliance with laws
9. Landlord's Covenants: Landlord's obligations including quiet enjoyment and insurance
10. Insurance: Insurance requirements for both parties
11. Assignment and Subletting: Rules regarding transfer of lease rights
12. Termination: Circumstances and procedures for early termination
13. Forfeiture: Landlord's right to forfeit the lease upon breach
14. Notices: Protocol for formal communications between parties
15. Governing Law: Specification of Nigerian law as governing law and jurisdiction
1. Break Clause: Optional provision allowing either party to terminate the lease early under specified conditions
2. Rent-Free Period: Terms of any initial rent-free period as incentive
3. Guarantor Provisions: Required when tenant provides a guarantor for lease obligations
4. Trading Requirements: Specific requirements for operating hours and trading conditions in shopping centers
5. Turn-over Rent: Additional rent based on tenant's business performance
6. Environmental Provisions: Specific environmental obligations and compliance requirements
7. Service Charge Cap: Limitations on service charge increases
8. Fit-out Provisions: Detailed requirements for initial tenant fit-out works
9. Option to Renew: Terms for lease renewal at tenant's option
1. Property Description: Detailed description of the leased premises including plans and measurements
2. Rent Review Provisions: Detailed mechanism for rent reviews
3. Service Charge Items: Comprehensive list of services covered by service charge
4. Building Rules and Regulations: Operational rules for the building or shopping center
5. Condition Report: Initial condition of the premises
6. Permitted Use: Detailed description of authorized business activities
7. Fit-out Specifications: Technical requirements for tenant's fit-out works
8. Guarantor Obligations: Detailed terms of guarantor's obligations if applicable
9. Insurance Requirements: Detailed insurance specifications for both parties
Base Rent
Building
Business Day
Business Hours
Common Areas
Commencement Date
Demised Premises
Emergency
Expiry Date
Force Majeure
Governor's Consent
Gross Lettable Area
Guarantor
Insurance Rent
Interest Rate
Landlord
Lease Period
Lease Year
Lettable Area
Operating Expenses
Outgoings
Permitted Use
Planning Laws
Premium
Property
Quarter Day
Rent
Rent Commencement Date
Rent Review Date
Review Period
Service Charge
Service Media
Shopping Centre
Stamp Duty
Tenant
Tenant's Fixtures
Term
Trading Hours
Turnover
Turnover Rent
Utilities
VAT
Term
Rent Payment
Service Charges
Security Deposit
Use of Premises
Utilities and Services
Maintenance and Repair
Alterations and Improvements
Insurance
Assignment and Subletting
Trading Hours
Signage and Advertising
Common Areas
Health and Safety
Environmental Compliance
Force Majeure
Quiet Enjoyment
Default and Remedies
Termination
Break Clause
Rent Review
Property Access
Tenant's Covenants
Landlord's Covenants
Indemnification
Guarantees
Dispute Resolution
Governing Law
Notices
Representations and Warranties
Compliance with Laws
Fit-out Works
Operating Expenses
Building Rules
Emergency Provisions
Yield Up
Turnover Rent
Shopping Center Regulations
Security and Access
Retail
Fashion and Apparel
Electronics and Technology
Food and Beverage
Cosmetics and Beauty
Home and Furniture
Jewelry and Accessories
Sports and Recreation
Books and Stationery
Pharmaceuticals
Shopping Centers
Commercial Real Estate
Retail Banking
Legal
Real Estate
Operations
Facilities Management
Risk and Compliance
Property Management
Commercial
Business Development
Finance
Administration
Property Manager
Retail Operations Manager
Legal Counsel
Real Estate Manager
Commercial Director
Facilities Manager
Leasing Manager
Store Manager
Regional Manager
Risk Manager
Compliance Officer
Business Development Manager
Asset Manager
Property Administrator
Retail Development Director
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