This CONTRACT OF LEASE is made and executed at the City of __________, this________ of __________, 20__ by and between: Ledion Internet Caf, a computer shop business duly organized and existing under the laws of the Republic of the Philippines, located in 1221 Navarra Street, Barangay 471, Zone 046 Sampaloc, Manila, represented by the Owner ____________________ herein referred to as LESSOR UST Team BarOps, an organization under the University of Santo Tomas Faculty of Civil Law with principal office at Ground Floor, Main Building, University of Santo Tomas, Espaa Boulevard., Manila 1015 Philippines, represented herein by the Logistics Committee head, Al Mayo Sandino C. Paglinawan, herein referred to as LESSEE WITNESSETH THAT: WHEREAS, The LESSOR is the owner of a certain parcel of land situated at 1221, Navarra Street, Barangay 471 Sampaloc, Manila Philippines WHEREAS, The Lessee desires the use the second floor of the Ledion Inernet Caf for conducting the 2014 Bar Operations. NOW THEREFORE, for and in consideration of the foregoing, the LESSOR leases unto the LESSEE and the LESSEE hereby accepts from the LESSOR the LEASED Premises TERMS AND CONDITIONS PURPOSES. That premises hereby shall be used exclusively by the UST Team BarOps as LESSEE for the purposes of accommodating the ONE HUNDRED (100) to ONE-HUNDRED FIFTY (150) UST Bar Candidates for the upcoming 2014 Bar Examinations.
TERM OF LEASE. This term of lease is for FOUR (4) SUNDAYS during the MONTH of OCTOBER, The specific dates for the rent are as follows: October 5, 12, 19, and 26 year 2014. And by the end of each Sunday, the LESSEE shall deliver unto the LESSOR the key/s used for access and use of the place.
VENUE DESCRIPTION. The particular venue to be used by the LESSEE is located in the ___________________________________, comprising of the second floor; with the approximate floor area of ____ sq. meters. USE OF VENUE. The particular venue is to be used for the following: To serve as the official headquarters of the UST Team BarOps in conducting its 2014 Bar Operations. To serve as holding area within the time of lease (7am to 7pm) for ONE- HUNDRED (100) to ONE-HUNDRED FIFTY (150) people comprising of Bar Candidates, Student volunteers, Members of UST Team BarOps, and Recognized guests. Holding function includes but not limited to the following Breakfast and Lunch for the above mentioned persons. File Management of the Bar Materials (i.e Reviewers and notes.) Any other purposes of the same nature as those stated beforehand. For safekeeping and storage of Bar Candidates Personal Belongings And other concerns of the same nature. OBLIGATIONS OF THE LESSOR: The Lessor shall assume the following obligation/s: a. The Lessor shall provide the venue stated on the VENUE DESCRIPTION in good and suitable condition for the purpose intended by the Lessee b. The Lessor shall provide the following additional services inherent to the lease of the venue: i. Access to air conditioning units ii. Access to rest rooms iii. LESSOR shall conduct an inspection of the computer units before and after the lessee commences with its operations every Sunday. Said inspection shall be made in the presence of at least one authorized representative of the LESSEE iv. Other services incidental to the rental of the venue
PAYMENT: The payment for the leased premises shall be in PESOS: in the Amount of Ten Thousand Pesos (PHP 10,000.00) of Philippine Currency. All rental payments shall be payable to the LESSOR every Sunday. DAMAGE/S: In case of damage/s to property, the LESSEE shall assume liability for any physical damage, deterioration as consequence of action of the LESSEE. And the LESSOR shall indemnify the LESSEE based on the decrease in the value of the property or replace and/or repair the same at the LESSEES expense. DEFAULT PAYMENT: In case of default by the LESSEE in the payment of rent such as failure to pay upon the date agreed upon, the LESSOR at its option may terminate this contract and eject the LESSEE. The LESSOR has the right to refuse the LESSEE from the premises when the LESSEE is in default. SUB-LEASE: The LESSEE shall not directly or indirectly sublet, allow or permit the leased premises to be occupied in whole or in part by any person, form or corporation, neither shall the LESSEE assign its rights hereunder to any other person or entity and no right of interest thereto or therein shall be conferred on or vested in anyone by the LESSEE without the LESSORS Written Approval FORCE MAJEURE: If whole or any part of the leased premises during the term of leases shall be destroyed by fire, flood, lightning, typhoon, earthquake, storm, riot or any other unforeseen disabling cause of acts of God, as to render the leased premises during the term unfit for use and occupation of the LESSEE, then this lease may be terminated without compensation by the LESSOR or by the LESSEE by notice in writing to the other LESSORS RIGHT OF ENTRY: The LESSOR or its authorized agent shall after giving due notice to the LESSEE shall have the right to enter the premises in the presence of the LESSEE or its representative at any reasonable hour to examine the same or make repairs therein or for the operation and maintenance of the building or to exhibit the leased premises to prospective LESSEE or for any other lawful purposes which it may deem necessary EXPIRATION OF LEASE: At the expiration of the term of this lease or cancellation thereof, as herein provided, The LESSEE will promptly deliver to the LESSOR the leased premises with all corresponding keys as in as good and tenable condition as the same is now, ordinary wear and tear expected devoid of all occupants, movable furniture, articles and effects of any kind. Non-Compliance with the terms of this clause by the LESSEE will give the LESSOR the right, at the latters option to accept the delivery of the premises and compel the LESSEE to pay rent therefrom at the same rate plus Ten (10) % thereof as penalty until the LESSEE shall have complied with the terms hereof. The same penalty shall be imposed in case LESSEE fails to leave the premises after the expiration the premises after the expiration of this Contract of Lease or termination for any reason whatsoever. JUDICIAL RELIEF: Should any one of the parties herein be compelled to seek judicial relief against the other, the losing party shall pay an amount of One Hundred (100) % of the amount claimed in the complaint as attorneys fees which shall in no case be less than Fifty-Thousand Pesos (P50,000) in addition to other cost and damages which the said party may be entitled to under the law.
_______________________ _________________________ of LEDION INTERNET CAFE of UST - TEAM BAROPS LESSOR LESSEE Signed in The Presence of: _________________________ __________________________ ACKNOWLEDGEMENT Republic of the Philippines) _______________________)S.S BEFORE ME, Personally Appeared: Name Date/Place Issued ________________________, Lessor _________________________
________________________, Lessee _________________________ Known to me and known to be the same persons who executed the foregoing instrument and acknowledged to me that the same their free and voluntary act and deed This instrument consisting of ___Page/s, including the page on which this acknowledgement is written, has been signed on each and every page thereof by the concerned parties and their witnesses, and sealed with my notarial seal WITNESS MY HAND AND SEAL, on the date and place first above written.
Doc. No. _____: Page No._____: Book No._____: Series of 2014