11. The Licensed Premises will be made available to the Licensee on a personal basis and the Licensee shall not have the right to transfer the benefit of this Agreement to any third party or be permitted to permit anyone to occupy the Premises or any part thereof. Licensee shall not be deemed to be in the exclusive occupation of the Licensed Premises and Licensor shall have the right to enter the Premises at any time during working hours in order to inspect the Premises. The responsibility for registering such an agreement rests with the Licensor. I, we, Mr. ________________________________________Limited__________________________________________________________________________________ _______,, in the building of the company, for the subletting*Leave and license basis of said apartment*Part of said apartment I wish to receive information on residential and commercial real estate as well as on holiday and license contracts (5) It is also agreed that the licensee occupies said premises for a temporary period of holiday and license base and this does not justify the right to sublet title and interest in said premises through subletting or Lease or otherwise. The license granted to Licensee hereunder is revocable and non-transferable, terminated upon expiration of eleven (11) months, as specified above or earlier, subject to the terms set forth in this Agreement. Dear Sir, This review has been hereby given to our apartment No. ________, _____ Floor, __ The licensee further agrees that his employee may not damage and / or manipulate the locks of the main rooms as well as the authorized premises. 4. DEDUCTION OF BUSINESS INCOME: For the authentic deduction of business income, the auditor/CA can request vacation and a license agreement. The holiday and license agreement mentions a specific clause regarding rent, so it will help you in case of deduction of rent from the company`s income.
2. PROOF OF ADDRESS: The Commercial Holiday and License Agreement is authentic proof of your Private Limited/LLP/ or any other business entity as the registered office. 14. If the Licensee breaches any provision of this Agreement, the Licensor shall have the right, notwithstanding the provisions thereof, to terminate this Agreement with fifteen days` notice to the Licensee. 5. Not to assign possession of the aforementioned Licensed Premises or any part thereof to third parties other than the LICENSOR. AND CONSIDERING that the Licensor also wishes to leave and license such property for a period of eleven months ranging from _ /__/20_ to _/__/.20__. 9. The key to the lock of the main entrance of the rented premises shall remain in the hands of the Licensor and the Licensor may retain the key to the lock of the Licensed Premises with it, the double key thereof remaining with the Licensee. 10. Authorised premises must be equipped with normal electrical appliances and luminaires. If the licensee wants additional accessories and furniture.
the Licensee may do so at its own expense and in compliance with the Rules and with the prior authorization of the Licensor. Licensee must remove such accessories upon termination of the license, otherwise they will be deemed to be the property of licensor. (16) The licensee undertakes to leave and hand over the aforementioned premises at the latest upon the expiry of this contract. If it does not leave and has handed over such premises to Licensor after the expiration of this Agreement, it accepts 6. The licensee shall maintain such ownership properly and properly. It may not make any structural changes to said property. 10. The Licensor will issue the receipt for the license fee/remuneration that the Licensee pays to it monthly. (2) The said Licensor hereby authorizes the Designated Licensee to use such premises on a holiday and license basis for a period of eleven (11) months from the date of this Agreement, i.e. from __ to ___ to ensure the free and peaceful possession of the apartment by the subtenant*licensee*custodian and to make the association a party to the proceeding and to reimburse any costs that the Company may have to carry out as part of a legal procedure in order to take over the ownership of the apartment part of the apartment.
(According to Law No. 45 (2) (I)) The application form for subletting, leave and licence or custodian authorisation (7) It is also agreed that the electricity and telephone bills for the said premises will only be paid by the licensee and that these duly paid invoices will be submitted to the licensor for information and registration. However, the company`s/B.M.C.-Duties/Taxes` fees are only paid by the Licensor. A holiday and licensing agreement is an agreement whereby the licensor allows the licensee to temporarily occupy and use part of the property for the exercise of its commercial or residential activities. (9) This License Agreement and the use of the Licensed Premises shall always be construed and governed by the provisions of Section 24 in conjunction with Chapter VII of the Maharashtra Rent Control Act 2000, as amended from time to time, and this Agreement constitutes conclusive evidence of the facts set forth herein. The Licensee has no right to contest in any way the jurisdiction of the competent authority formed in accordance with the aforementioned law. Licensee hereby acknowledges that it is not entitled to protection under any provision of the Act and agrees and undertakes not to seek protection under this Act (notwithstanding any further amendment to the Law or any judgment, order or order of a court). And while the licensee turned to the licensor with the request to allow the licensee to occupy and temporarily use part of the said premises in the said building after he has, for example, . SQ. Ft.
for the exercise of its business, on vacation and on the basis of a license for a short period. A public holiday and a license agreement must be stamped and registered. The stamp duty payable in the case of a deed of leasing is higher than that payable for the registration of a public holiday and a licence agreement. 3. CLARITY: A registered vacation and license agreement ensures that neither the tenant nor the landlord can cancel their obligations or exceed their stay in the event of a dispute. (8) That both Parties agree that if either Party wishes to terminate this Agreement, the other Party shall be informed in writing one month in advance […].
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