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Commercial Sublease
"I need a Commercial Sublease agreement for subletting 500 square meters of office space in Amsterdam to a tech startup, with the term starting March 1, 2025, including provisions for tenant improvements and shared use of conference facilities."
1. Parties: Identification of all parties: subtenant, tenant/sublandlord, and acknowledgment of the head landlord
2. Background: Context of the sublease, including reference to the master lease and confirmation of authority to sublease
3. Definitions: Key terms used throughout the agreement, including specific Dutch legal terminology
4. Demised Premises: Detailed description of the subleased space, including any shared areas or facilities
5. Term and Commencement: Duration of sublease, commencement date, and relationship to master lease term
6. Rent and Other Payments: Rent amount, payment terms, service charges, utilities, and other financial obligations
7. Use of Premises: Permitted business use and any restrictions, aligned with master lease requirements
8. Maintenance and Repairs: Responsibilities for maintenance, repairs, and alterations
9. Insurance and Liability: Required insurance coverage and allocation of risks
10. Sublessee Obligations: Key obligations and compliance with master lease terms
11. Sublessor Obligations: Responsibilities of the sublessor, including maintaining the master lease
12. Default and Remedies: Events of default, consequences, and available remedies
13. Termination: Conditions for termination, including impact of master lease termination
14. Governing Law: Application of Dutch law and jurisdiction
1. Security Deposit: Terms for security deposit if required - optional based on commercial agreement
2. Fit-out Works: Provisions for any initial modifications or improvements - include if premises require modification
3. Operating Expenses: Detailed breakdown of operating costs - include for full-service or modified gross leases
4. Environmental Provisions: Specific environmental obligations - include if premises involve environmental risks
5. Signage Rights: Rules regarding external and internal signage - include if relevant to business type
6. Parking: Parking rights and obligations - include if parking is available
7. Assignment and Further Subletting: Rights to assign or further sublet - include if permitted by master lease
8. Break Clause: Early termination options - include if agreed between parties
9. Covid-19 or Force Majeure: Specific provisions for pandemics or force majeure - include based on risk assessment
1. Floor Plan: Detailed plan showing the subleased premises and common areas
2. Master Lease: Copy of the relevant portions of the master lease agreement
3. Inventory List: List of any furniture, fixtures, or equipment included in the sublease
4. Service Charges Breakdown: Detailed breakdown of service charges and calculation method
5. Building Rules and Regulations: Copy of building rules and regulations from master lease
6. Condition Report: Documentation of premises condition at commencement of sublease
7. Fit-out Specifications: Technical specifications for any approved modifications
8. Insurance Requirements: Detailed insurance requirements and minimum coverage levels
9. Environmental Compliance Certificate: If required, certificates showing compliance with environmental regulations
Authors
Retail
Office Space
Hospitality
Manufacturing
Warehousing
Professional Services
Technology
Healthcare
Education
Financial Services
Creative Industries
Food and Beverage
Logistics
Legal
Real Estate
Facilities Management
Operations
Finance
Procurement
Risk and Compliance
Administration
Business Development
Real Estate Manager
Facilities Manager
Legal Counsel
Commercial Director
Operations Manager
Property Manager
Business Development Manager
Chief Financial Officer
Chief Operating Officer
Office Manager
Procurement Manager
Risk Manager
Compliance Officer
Estate Administrator
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