THIS TENANCY AGREEMENT is entered into on 22 November 2024

Between

(1)            PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE (the "Landlord")

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Tenant")

Whereas

The Landlord shall let and the Tenant shall take the Premises for the Term of Tenancy (as defined below) with details as more particularly described in the Schedule and both parties agree to observe and perform the terms and conditions as follows: 

1. Tenancy 

The Landlord hereby agrees to lease ADDRESS (the “Premises”) and the fixtures, fittings, and equipment therein (as per Schedule, if any) in clean and tenantable condition to the Tenant for commercial purpose. The total area is AREA.

2. Term of Tenancy

2.1 The above Premises is hereby leased for a term of TERM months, commencing on COMMENCEMENT_DATE and expiring on END_DATE. 

2.2 On the expiry of this Tenancy, the Landlord has the right to take back the Premises in full, and the Tenant must deliver vacant possession of the Premises on the date of expiry.

3. Rent

3.1 The rent is CURRENCY RENT on a PERIOD basis, the rent includes fixtures, fittings and equipment, and other items and fees as listed in the Schedule.

3.2 The Tenant should pay the charges of water, electricity, gas, telephone, and other outgoings payable in respect of Premises from the beginning of the term of the tenancy.

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