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InternationalWarehouseLeaseAgreement
ThisInternationalWarehouseLeaseAgreement(the"Agreement")ismadeandenteredintoasof[Date],byandbetween:
Lessor:
Name:[Lessor’sLegalName]
Address:[Lessor’sAddress]
(hereinafterreferredtoasthe"Lessor")
Lessee:
Name:[Lessee’sLegalName]
Address:[Lessee’sAddress]
(hereinafterreferredtoasthe"Lessee")
1.Recitals
TheLessoristhelegalownerofthewarehousefacilitylocatedat[WarehouseAddress](the"Premises").TheLesseedesirestoleasethePremisesfor[Purpose,e.g.,storageofgoods](the"PermittedUse"),andtheLessoriswillingtoleasethePremisestotheLessee,subjecttothetermsandconditionssetforthherein.
2.LeaseofPremises
3.TermofLease
3.1RenewalOption
TheLesseemayrenewtheLeasefor[Number]additionalterm(s)of[Duration]each,bygivingwrittennoticetotheLessornolaterthan[NoticePeriod]priortothecurrentTerm’sexpiration.Rentforrenewedtermsshallbe[RenewalRentTerms,e.g.,mutuallyagreedoradjustedpertheConsumerPriceIndex].
4.RentandPayment
4.1BaseRent
4.2AdditionalCharges
TheLesseeshallalsopayalltaxes,insurancepremiums,utilitycharges,andmaintenancecostsattributabletothePremises(collectively,"AdditionalCharges")asinvoiced.
4.3PaymentMethod
Paymentsshallbemadeby[PaymentMethod,e.g.,banktransfer]totheLessor’sdesignatedaccount(detailsinExhibitB).
4.4LatePayment
Overdueamounts(after[GracePeriod]oftheduedate)shallaccrueinterestat[InterestRate]permonth(orthemaximumlawfulrate,whicheverislower).
5.ObligationsoftheLessor
5.1QuietEnjoyment
TheLessorcovenantstheLessee’squietenjoymentofthePremisesduringtheTerm,freefrominterferencebytheLessororthirdpartiesclaimingthroughtheLessor.
5.2StructuralMaintenance
TheLessorshallmaintainthePremises’structuralintegrity(roof,walls,foundation)andrepairdamagefromnormalwear,tear,oreventsbeyondtheLessee’scontrol(subjecttotheLessee’sinsurance).
6.ObligationsoftheLessee
6.1ProperUseandCare
TheLesseeshallusethePremisescarefully,lawfully,andnotalter/improveitwithouttheLessor’spriorwrittenconsent(exceptminor,reversiblechangesforthePermittedUse).
6.2Insurance
6.3Subletting
TheLesseeshallnotsublet,assign,ortransferitsinterestintheLeasewithouttheLessor’spriorwrittenconsent(notunreasonablywithheld).
6.4Indemnification
TheLesseeshallindemnifytheLessoragainstclaims,damages,losses,orexpensesarisingfromitsuseofthePremises,breachofthisAgreement,oracts/omissionsofitsemployees/agents/contractors.
7.RepairsandMaintenance
7.1Lessee’sResponsibilities
TheLesseeshallmaintainthePremises’interior(flooring,interiorwalls,Lessee-installedequipment)andrepairdamagefromitsnegligence/intentionalacts.
7.2Lessor’sResponsibilities
8.DefaultandTermination
8.1EventsofDefault
An"EventofDefault"occursif:
TheLesseefailstopayRent/AdditionalChargeswithin[NoticePeriod]afterwrittennotice;
TheLesseebreachesamaterialtermandfailstocureitwithin[CurePeriod]afterwrittennotice;
8.2RemediesUponDefault
Upondefault,theLessormay:
TerminatetheLease,repossessthePremises,anddemandunpaidRent/damages;or
Enforcerights(e.g.,injunctiverelief,damages)withoutterminatingtheLease.
9.GoverningLawandDisputeResolution
9.1GoverningLaw
ThisAgreementisgovernedbythelawsof[Jurisdiction,e.g.,theStateofNewYork,USA],withoutconflictoflawsprinciples.
9.2DisputeResolution
Disputesshallberesolvedbyarbitrationin[ArbitrationVenue,e.g.,Singapore]undertherulesof[ArbitrationInstitution,e.g.,SIAC].Theawardisfinalandbinding.
10.Miscellaneous
10.1EntireAgreement
ThisAgreement(withExhibits)supersedesallprioragreements/understandings,oralorwritten.
10.2Amendments
NoamendmentiseffectiveunlessinwritingandsignedbybothParties.
10.3Severability
Ifanyprovisionisinvalid/unenforceable,itisstruck,andremainingprovisionsareenforced.
10.4Notices
Noticesshallbeinwritinganddeliveredby[DeliveryMethod,e.g.,registeredmail,email]totheaddressesinthepreambleorasdesignated.
INWITNESSWHEREOF,thePartieshaveexecutedthisAgreementasofthedatefirstabovewritten.
Lessor’sSignature:______________________
Name:______________________
Date:______________________
Lessee’sSignature:______________________
Name:______________________
Date:______________________
ExhibitA–DescriptionofPremises
[Detaileddescriptionofthewarehouse(address,size,layout,equipment,appurtenantfacilities)]
ExhibitB–Lessor’sBankAccountDetails
[Bankname,ac
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