- 1.The monthly rent for the premises hereby let-out to the TENANT is ₹0 (Rupees Zero Only) and the TENANT has agreed to pay it on or before the 5th of every succeeding calendar month.
- 2.The TENANT has agreed to pay a deposit of ₹0 (Rupees Zero Only). The TENANT shall pay this deposit to the LANDLORD on or before the date the tenancy commences.
- 3.The aforesaid security deposit will not carry any interest and the LANDLORD shall return this amount to the TENANT at the time of vacating and delivering vacant possession of the demised premises as it is let-out to the TENANT this day.
- 4.The TENANT shall pay separately the electricity charges, according to the meter readings for the demised portion, directly to the T.N.E.B.
- 5.The LANDLORD will be at liberty to deduct all such amounts as rent dues, electricity charges and other arrears, and also any damages to the building, wood work, electrical fittings and plumbing taps, at the time of the TENANT vacating the portion.
- 6.The TENANT shall not hammer any nails on the walls of the premises. If nails are hammered, the walls have to be cemented and the premises have to be painted in full and handed over at the time of vacating the said property.No nails
- 7.The tenancy shall be in force for a period of 60 months commencing from 15.09.2026 to 15.09.2031.
- 8.Both the LANDLORD and the TENANT agree that the period of tenancy may be extended for a further period of 60 months by mutual consent on fresh terms and conditions. On such renewal the monthly rent shall stand increased by 5%.
- 9.The TENANT shall not make any structural alterations or additions without the written consent of the LANDLORD.
- 10.The TENANT shall not sublet the demised premises or any part thereof to any third parties.
- 11.The LANDLORD or the LANDLORD's authorised representatives shall be at liberty to inspect the demised premises at all reasonable times without any interruption by the TENANT.
- 12.The TENANT shall not alter the use of the demised premises, which are let for commercial purpose, without the written consent of the LANDLORD.
- 13.The LANDLORD has every right to evict the TENANT irrespective of this agreement if the TENANT commits default in payment of monthly rent for a continuous period of 2 months.
- 14.This agreement is terminable by 1 month notice in advance on either side.
- 15.The law in force shall otherwise govern this agreement.
- 16.The TENANT shall not use the demised premises for any anti-social or illegal activities, and shall not consume or store liquor on the premises.No liquor
- 17.The LANDLORD shall provide the TENANT with 1 four wheeler parking slot(s) within the premises. The LANDLORD shall not be liable for theft of or damage to any vehicle parked at the premises.Parking included
- 18.The premises shall be used solely for the purpose of the lawful business notified to the LANDLORD and for no other purpose. The TENANT shall obtain and maintain every licence, registration and statutory approval required for that business at the TENANT's own cost.Commercial use
- 19.This agreement shall be registered before the jurisdictional Sub-Registrar. The registration charges and stamp duty shall be borne by the TENANT unless otherwise agreed in writing.Registration
- 20.The premises shall be used for the manufacture, assembly or processing of ____________________ and for no other purpose.Template clause
- 21.The sanctioned power load for the premises is ____ HP. The TENANT shall not exceed it, and shall bear the cost and obtain the approvals for any enhancement required for the TENANT's operations.Template clause
- 22.The TENANT shall obtain and maintain the consent to establish and the consent to operate from the Tamil Nadu Pollution Control Board, the factory licence where applicable, and every other statutory approval, and shall keep the LANDLORD indemnified against any default.Template clause
- 23.The TENANT may install machinery on the premises with the prior written intimation of the LANDLORD. Such machinery shall remain the property of the TENANT and shall be removed on vacating, with the flooring and foundations made good at the TENANT's cost.Template clause
- 24.The TENANT shall comply with the Factories Act, 1948 and all labour and safety legislation in respect of the persons employed at the premises. The LANDLORD shall have no liability in that regard.Template clause
- 25.The TENANT shall not discharge any effluent, chemical or industrial waste into the common drainage or onto the surrounding land.Template clause