Intercompany Lease Agreement Template for Philippines

1. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in areas prone to natural disasters

2. Assignment and Subletting: Include if subletting or assignment rights are to be granted

3. Alterations and Improvements: Include if significant modifications to the property are anticipated

4. Environmental Compliance: Include for properties where environmental regulations are significant

5. Shared Facilities: Include if the property includes common areas or shared facilities

6. Group Company Guarantees: Include if parent company or group company guarantees are required

7. Transfer Pricing Compliance: Detailed section on transfer pricing compliance if required by tax authorities

8. Right of First Refusal: Include if lessee is to have priority rights for property purchase

1. Schedule 1 - Property Description: Detailed description of the property including floor plans and boundaries

2. Schedule 2 - Rent Calculation: Detailed breakdown of rent calculation and transfer pricing methodology

3. Schedule 3 - Service Charges: List of service charges and their calculation methods

4. Schedule 4 - Condition Report: Initial condition report of the premises

5. Schedule 5 - Building Rules: Building rules and regulations if applicable

6. Appendix A - Transfer Pricing Documentation: Supporting documentation for arm's length rental determination

7. Appendix B - Required Insurances: Detailed list of required insurance coverage

8. Appendix C - Maintenance Schedule: Detailed maintenance responsibilities and schedules