THIS LEASE RENEWAL is entered into on 26 December 2024
Between
(1) PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Lessor")
(2) PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Lessee")
Whereas
The Lessor and the Lessee entered into a Lease Agreement dated (the "Original Agreement") in relation to the Premises (as defined below). The Lessor and the Lessee agree to renew the Original Agreement with revised terms as follows:
1. Premises
The Lessor hereby agrees to lease ADDRESS (the “Premises”) and the furniture, fixtures, fittings and equipment therein (as per Schedule, if any) in clean and tenantable condition to the Lessee for PURPOSE purpose.
2. Term of Lease
The above Premises is hereby leased for a term of TERM years, commencing on COMMENCEMENT_DATE and expiring on END_DATE.
3. Rent
The rent is CURRENCY RENT on a PERIOD basis, the rent includes Furniture and Electrical Appliances, and other items and fees as listed in the Schedule.
4. Deposit
The Deposit is CURRENCYDEPOSIT in total, payable within 1 business day after the signature of this Renewal.
5. Occupants
The principal occupants of the Premises are OCCUPANT.
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