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1. Parties: Identification of all parties including head landlord, sublandlord, and subtenant with full legal names and details
2. Background: Context of the sublease arrangement, including reference to the head lease and confirmation of authority to sublease
3. Definitions: Definitions of key terms used throughout the agreement, including specific Saudi legal and commercial terms
4. Grant of Sublease: Formal grant of the sublease and description of the subleased premises
5. Term and Renewal: Duration of sublease, commencement date, and any renewal options
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and late payment consequences
7. Security Deposit: Amount, form, and conditions for return of security deposit
8. Permitted Use: Specified allowed uses of the premises in compliance with Saudi regulations and head lease
9. Maintenance and Repairs: Responsibilities of each party for maintenance, repairs, and replacements
10. Utilities and Services: Responsibility for utilities, services, and related costs
11. Insurance Requirements: Required insurance coverage for both sublandlord and subtenant
12. Assignment and Further Subletting: Restrictions and conditions on assignment or further subletting
13. Default and Remedies: Events of default and available remedies for all parties
14. Termination: Grounds for termination and the process thereof
15. Governing Law and Dispute Resolution: Application of Saudi law and dispute resolution mechanisms
16. Notices: Method and addresses for formal notices between parties
17. Execution: Signature blocks and execution requirements under Saudi law
1. Fit-out Works: Details of any permitted modifications or improvements to the premises - include if tenant will perform any modifications
2. Shared Facilities: Rights and obligations regarding common areas or shared facilities - include if premises are part of a larger building
3. Operating Expenses: Allocation of building operating costs - include for multi-tenant buildings
4. Head Landlord Consent: Specific conditions required by head landlord - include if head lease requires specific conditions
5. Religious Observance: Provisions for prayer rooms or religious requirements - include if relevant to the premises type
6. Foreign Investment Provisions: Additional provisions required for foreign tenants - include if subtenant is a foreign entity
7. Government Approvals: Required permits and licenses - include if specific governmental approvals are needed
8. Force Majeure: Provisions for unforeseen circumstances - include if requested by parties
1. Schedule 1 - Premises Plan: Detailed plan and measurements of the subleased premises
2. Schedule 2 - Head Lease: Copy or relevant excerpts of the head lease agreement
3. Schedule 3 - Rent Schedule: Detailed breakdown of rent payments and escalations
4. Schedule 4 - Service Charges: Breakdown of service charges and payment obligations
5. Schedule 5 - Building Rules: Building regulations and operational rules
6. Schedule 6 - Handover Condition: Detailed description and photos of premises condition at handover
7. Schedule 7 - Permitted Alterations: Specifications of allowed modifications to the premises
8. Schedule 8 - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
9. Appendix A - Required Permits: List of required governmental and regulatory permits
10. Appendix B - Head Landlord Consent: Written consent from head landlord for the sublease
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Real Estate Investment Manager
Risk Manager
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