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Office Space Lease Agreement
"I need an Office Space Lease Agreement for a tech startup leasing 500 square meters in Riyadh's Digital City, with a 3-year term starting March 1, 2025, including provisions for future expansion rights and dedicated server room specifications."
1. Parties: Identification of the Landlord and Tenant with full legal names and details
2. Background: Context of the lease agreement and brief description of the premises
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: The formal grant of lease and its term
5. Rent and Payment Terms: Rent amount, payment schedule, and method of payment
6. Security Deposit: Details of security deposit amount, payment, and conditions for return
7. Permitted Use: Specified permitted use of the premises and any restrictions
8. Tenant's Obligations: Comprehensive list of tenant's responsibilities and covenants
9. Landlord's Obligations: Comprehensive list of landlord's responsibilities and covenants
10. Utilities and Services: Provisions regarding utilities, services, and related charges
11. Maintenance and Repairs: Responsibilities for maintenance, repairs, and replacements
12. Insurance: Required insurance coverage for both parties
13. Assignment and Subletting: Restrictions and conditions for assignment or subletting
14. Default and Remedies: Events of default and available remedies
15. Termination: Conditions and procedures for lease termination
16. Notices: Method and addresses for formal notices
17. Governing Law: Confirmation of Saudi law governance and jurisdiction
18. Execution: Signature blocks and execution requirements
1. Fit-out Works: Details of any initial fit-out works to be carried out, used when premises require modification
2. Shared Facilities: Rules and charges for common areas and shared facilities, included for multi-tenant buildings
3. Parking: Specific provisions for parking spaces and facilities, if applicable
4. Break Clause: Early termination options, included when early break rights are negotiated
5. Force Majeure: Provisions for unforeseen circumstances preventing performance
6. Building Rules: Specific building regulations and conduct rules, used in managed office buildings
7. Green Lease Provisions: Environmental and sustainability requirements, used for green buildings
8. COVID-19 Provisions: Special provisions relating to health and safety measures
1. Schedule 1 - Floor Plan: Detailed plan showing the leased premises and common areas
2. Schedule 2 - Specification: Detailed description of the premises including fixtures and fittings
3. Schedule 3 - Service Charges: Breakdown of service charges and calculation method
4. Schedule 4 - Building Rules and Regulations: Detailed building rules and operational procedures
5. Schedule 5 - Handover Protocol: Condition report and handover procedures
6. Schedule 6 - Fit-out Guidelines: Technical specifications and requirements for any fit-out works
7. Schedule 7 - Insurance Requirements: Detailed insurance requirements for both parties
8. Appendix A - Required Permits: List of required governmental permits and registrations
Authors
Building
Business Day
Commencement Date
Common Areas
Competent Authority
Default Interest Rate
Demised Premises
Ejar Platform
Expiry Date
Fit-out Works
Force Majeure Event
Gregorian Calendar
Hijri Calendar
Initial Term
Insurance Requirements
Landlord
Lease Period
Lease Year
Licensed Use
Municipality
Net Rent
Operating Hours
Parking Spaces
Permitted Use
Property Manager
Quiet Enjoyment
Renewal Period
Rent
Rent Payment Date
Security Deposit
Service Charges
Services
Tenant
Tenant's Fixtures
Term
Termination Date
Utilities
VAT
Working Hours
Rent and Payment
Security Deposit
Service Charges
Utilities
Permitted Use
Access and Operating Hours
Maintenance and Repair
Alterations and Improvements
Insurance
Assignment and Subletting
Landlord's Covenants
Tenant's Covenants
Common Areas
Parking
Building Rules
Health and Safety
Force Majeure
Default and Remedies
Termination
Reinstatement
Registration Requirements
Compliance with Laws
Quiet Enjoyment
VAT and Taxes
Notices
Governing Law
Dispute Resolution
Representations and Warranties
Indemnification
Liability Limitations
Severability
Entire Agreement
Amendment
Waiver
Costs and Expenses
Confidentiality
Environmental Compliance
Property Management
Religious Observance
Real Estate
Financial Services
Professional Services
Technology
Healthcare
Retail
Manufacturing
Construction
Education
Telecommunications
Consulting
Legal Services
Insurance
Banking
Legal
Finance
Operations
Facilities Management
Administration
Procurement
Risk & Compliance
Real Estate
Corporate Services
Business Development
Chief Executive Officer
Chief Financial Officer
Facilities Manager
Real Estate Manager
Operations Director
Legal Counsel
Property Manager
Commercial Director
Office Manager
Procurement Manager
Administrative Manager
Compliance Officer
Risk Manager
Finance Director
General Counsel
Business Development Manager
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