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1. Parties: Identification of the landlord and tenant entities, including their company registration numbers and registered addresses
2. Background: Context of the lease arrangement, relationship between the parties, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: Description of the premises being leased and rights granted
5. Term: Duration of the lease, including commencement and expiration dates
6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment
7. Outgoings and Expenses: Responsibility for utilities, maintenance, rates, and other expenses
8. Use of Premises: Permitted use of the premises and any restrictions
9. Maintenance and Repairs: Responsibilities of each party for maintaining and repairing the premises
10. Insurance: Insurance requirements for both parties
11. Assignment and Subletting: Restrictions on transfer of lease rights
12. Landlord's Covenants: Obligations and warranties of the landlord
13. Tenant's Covenants: Obligations and warranties of the tenant
14. Termination: Circumstances and procedures for early termination
15. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
16. General Provisions: Standard boilerplate clauses including notices, entire agreement, and severability
1. Rent Review: Include when parties want to incorporate periodic rent adjustments during the lease term
2. Break Clause: Include when either party requires the flexibility to terminate early under specific conditions
3. Renovation and Alterations: Include when tenant needs rights to make specific modifications to the premises
4. Group Company Usage: Include when other group companies may need to use the premises
5. Service Charge Provisions: Include for multi-tenanted buildings with shared services
6. Environmental Matters: Include when premises involve specific environmental considerations or requirements
7. Transfer Pricing Compliance: Include when specific transfer pricing considerations need to be addressed
8. Right of First Refusal: Include when tenant wants priority rights for lease renewal or purchase
1. Schedule 1 - Property Description: Detailed description of the premises including floor plans and measurements
2. Schedule 2 - Rent Calculation: Breakdown of rent calculation and payment schedule
3. Schedule 3 - Condition Report: Detailed report on the condition of the premises at commencement
4. Schedule 4 - Building Rules and Regulations: Specific rules and regulations applicable to the building
5. Schedule 5 - Fitting Out Guidelines: Specifications for any permitted alterations or fitting out works
6. Schedule 6 - Service Charges: Breakdown of service charges and calculation method
7. Appendix A - Plans and Drawings: Floor plans, location plans, and any relevant technical drawings
8. Appendix B - Inventory: List of fixtures, fittings, and equipment included in the lease
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