Mother Dairy Lease Agreement

LEASE AGREEMENT
This lease Agreement is made and executed on this 06 th day of April, 2021
between M/s. Shri Shidhi Vinayak Cold Storage, Hatigarh Warehouse Pvt. Ltd.,
and Mother Dairy Fruit & Vegetable Pvt. Ltd., residing G-502, Vishvakarma
Industrial Kl Area, Rea, Road no. 9A, Jaipur, Rajasthan-, 302013 Hatigarh
warehouse, Chengeli Goan, A.T. Road, Jorhat- 785010, Assam , Hereinafter
referred to as the LESSOR (which expression shall mean and include wherever
the context so requires or admits his/their heirs, executors, representatives and
assigns of the ONE PART and Mother Dairy Fruit & Vegetable Pvt. Ltd. a
company incorporated under the provisions of the Companies Act, 1956,
hereinafter reffered to as the LESSEE (which term shall mean and include
wherever the context so requires or admits or require admits his heirs,
executors, representatives and assigns) of the OTHER PART:
WITNESSES AS FOLLOWS:
Whereas the Lessor is the absolute owner of the Residential premises situated
at: G- 502, Vishvakarma Industrial Kl Area Road no. 9A, Jaipur, Rajasthan-
302013 Hatigarh Warehouse, Chengeli Goan, A.T. Road, Jorhat, Assam-
785010. Which are more fully described in the schedule written hereunder and
hereinafter referred to as the “Schedule Property”.
Whereas, the Hatigarh Warehouse measuring about 158304000 Sq. Ft. in the
said building more fully described in the schedule hereto and hereinafter called
the “Said Premises” was vacant and ready for occupation and whereas the
Lessee being in need of accommodation for its use and occupation approached
and requested the Lessor/ s to grant lease in its favour in respect of the “Said
Premises” and whereas both the parties now desired to reduce the terms into
writing and whereas the Lessor/ s agreed to grant lease in favour of the Lessee
in respect of the “Said Premises” and whereas both the parties now desired to
reduce the terms into writing and whereas the Lessor/ s agreed to grant lease in
favour of the Lessee in respect of the “Said Premises”, it is now hereby agreed
as follows-
Whereas, the Lessee is already a tenant under the Lessor/ s in respect of the
above building fully described in the schedule hereto and hereinafter called the
“Said Premises” paying a monthly rental of Rs. 942,11,80863960/- and whereas
both the parties now desired to reduce the terms into writing, it is now hereby
agreed as follws:-
1. This lease for purposes of payment of rent and period of lease shall be
deemed to have commenced from 06th April 2021 for a period of about 11
months.
2. This lease shall be in force for a period of 11 months certain from 06 th
April 2021. The Lessee shall be at liberty to vacate the "Said Premises or
part thereof" at any time during the period of lease on giving 3 month/s
notice.
3. The Lessee has paid to the Lessor / s a sum of Rs. 942,11,80863,960/-
only being 11 month / s rent in respect of the ‘said premises' as deposit
of rent.
4. The payment of all taxes, rates, cess and other levy including penalties, if
any, charged thereon in respect of the `said premises', such as
Corporation / Municipal / Panchayat Tax, Urban Land Tax, etc., due to
the State Government, Central Government or other local or other civic,
including enhancements and new introductions shall be to the account of
the Lessor. The Lessee shall be at liberty to pay the above tax, rate or cess
or other levy including penalties, if any, charged thereon in case of
default or delay by the Lessor and adjust the amount so paid together,
with interest and other incidental expenses from out of rents in respect of
the `said premises' becoming due immediately after the said payment or
demand reimbursement of all such amounts, costs, expenses, etc., with
interest @ ________ % per annum from the date of such payments until
realisation by the Lessee. Service tax (if applicable) will also be borne
and paid by lessor (landlord).
5. The Lessee shall be at liberty to under-lease / sub-lease the `said
premises' or part thereof to any of its subsidiaries or to any other party.
6. The Lessee shall have the right to utilise the leased premises or part
thereof for any of their various needs.
7. The Lessor shall grant all rights of way, water, air, light and privy and
other easements appertaining to the `said premises'.
8. The Lessor has no objection to the Lessee in installing the exclusive
generator sets for the use of the Office whether such generator sets are
owned by the Lessee or taken on hire by a Third Party for the exclusive
use of the Lessee. Further, the Lessor agrees to provide suitable space
with proper enclosures for installation of generator set free of cost.
9. The Lessee shall have exclusive right on the parking space for parking of
the vehicles of staff members and customers of Lessee and the same shall
not be disturbed obstructed or encroached in any manner by any persons
whomsoever.
10.The Lessee shall have the absolute & exclusive right to use the entire
space in ‘said premises’ both outside and inside for making full use of
frontages and the side walls in displaying Lessee’s signboards /
advertisements without any additional charges to the exclusion of third
parties. If anybody causes any intrusion, trespass or encroachment
restricting the peaceful enjoyment of the Lessee over the space which is
specifically meant for usage of the Lessee, the Lessor on receipt of such
Notice from the Lessee shall take all possible legal actions against such
violations including criminal action, if necessary. If the Lessor fails to
take legal recourse to remove such intrusions, trespass or encroachments
within one month from the date of receipt of such Notice from the Lessee,
the Lessee shall be at liberty to take legal action against the violators and
recover the cost / expenses incurred for such removal out of the rent
payable to the Lessor or from any other monies payable to the Lessor.”
11.The Lessee shall hand over possession of the `said premises' to the Lessor
on the expiry of the period of lease fixed herein or on the expiry of the
period of option should the Lessee avail itself of the same and on refund
of deposit made by the Lessee, if any, in the same state and condition as
on the date of occupation but subject to natural wear and tear due to
ordinary use and lapse of time.
SCHEDULE OF THE PROPERTY

The Residential premises situated at G- 502, Vishvakarma Industrial Kl Area
Road no. 9A, Jaipur, Rajasthan- 302013 Hatigarh Warehouse, Chengeli Goan,
A.T. Road, Jorhat, Assam- 785010. Consisting and attached with both Water
and Electricity facilities.
IN WITNESS WHEREOF the parties have executed this agreement in the
presence of the following on the day, month and year as first above mentioned.
WITNESSES:-
1. OWNER/LESSOR
2. LESSEE/TENANT

Mother Dairy Lease Agreement

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LEASE AGREEMENT

SCHEDULE OF THE PROPERTY

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