Sub-Lease in Marathi

Sub-Lease
 

THIS INDENTURE made at _________ this ________ day of _________ 200____ BETWEEN ABC of _________, Indian Inhabitant, hereinafter called ?The Sub-Lesser? (which expression shall unless it be repugnant to the context or meaning thereof be deemed to include his heirs, executors, administrators and assigns) of the One Part; AND XYZ also of ________, Indian Inhabitant, hereinafter called ?The Sub-Lessee? (which expression shall unless it be repugnant to the context or meaning thereof be deemed to mean and include his heirs, executors, and administrators) of the Other Part;

W H E R E A S:?

(a)  By an Indenture of Lease dated 4th day of May 2000 and made between one Shri PQR as the Lesser of the one part and XYZ as the Lessee of the other part (the sub-Lesser herein) and registered with the office of the Sub-Registrar of Assurances at Mumbai under Serial No. _______ of _______ year, the plot of land situate at Cadell Road, Mumbai and more particularly described in the Schedule hereunder written was demised by the Lessers in favour of the Lessee for the term of 99 years commencing from the 5th day of May 2000 renewable at the option of the Lessee from time to time for each further term of 33 years on the terms and conditions therein mentioned at the rent and subject to the covenants and conditions therein reserved and contained.

(b)  Thus, the Sub-Lesser is seized and possessed of or otherwise well and sufficiently entitled to the said plot more particularly described in the Schedule hereunder written and is also entitled to Sub-demise the same as per the said Indenture of Lease dated 4th May 2000.

(c)  The Sub-Lesser has agreed to Sub-demise to the Sub-Lessee the said Plot of land together with the right to construct building and structures thereon for the period and at the rent and upon the terms and conditions recorded herein. 

(d)  At the request of the Sub-Lessee, the Sub-Lesser has agreed to execute these presents in favour of the Sub-Lessee.

NOW THIS INDENTURE WITNESSETH AS FOLLOWS:?

1.   In pursuance of the said Agreement and in consideration of the rent and Sub-Lessee?s covenants hereinafter reserved and contained he the Sub-Lesser doth hereby Sub-demise Unto the Sub-Lessee ALL THAT piece of land situate at Cadell Road and more particularly described in the Schedule hereunder written together with the right to construct structures and buildings thereon and shown in blue wash delineated by red coloured boundary line on the plan thereof hereto annexed TO HOLD UNTO the Sub-Lessee the premises hereby Sub-demised (hereafter for brevity?s sake referred to as ?the Sub-demised premises?) from the __________ day of ___________ Two thousand two for the term equivalent to the unexpired residue less the last three days of the term created by the hereinbefore recited Indenture of Lease dated 4th May 2000 but determinable as hereinafter provided yielding and paying the yearly rent of Rs. 10,000/- (Rupees ten thousand only), and which rent shall be payable by the Sub-Lessee to the Sub-Lesser on or before 10th day of January every year in advance.

2.   The Sub-Lessee doth hereby expressly covenants with the Sub-Lesser as under:?

(a)  To perform all covenants, conditions and stipulations under the above recited Indenture of Lease dated 4th May 2000 and not to do or permit to be done on the sub-demised premises anything which may be in contravention of the terms of the said Lease dated the 4th May 2000.