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Sub : Letter of Intent (LOI) pertaining to INDUSTRIAL Independent Building and its Premises Bearing no. 495,
Situated at Phase 5, UDYOG VIHAR INDUSTRIAL AREA, Gurgaon.
Dear Mr. Batra,,
I/We hereby confirm our intent to take on lease the INDUSTRIAL Independent Building and its premises bearing no. 495
ad-measuring 250 Sq.Mtr. having built-up area of 5500 Sq.Ft. approx. consisting of ( Basement + Ground + First Floor
RCC Structure) situated in Phase - 5, UDYOG VIHAR INDUSTRIAL AREA, GURGAON, HARYANA, on the following
terms and conditions:
Without prejudice and subject to Final Agreement
Lessor
Lessee
Property Address
Rent
Remittance of Rental
Lease Tenure
9 years ( Initial term of 3year and the Lessee having an option to renew the
Lease for another 2terms of 3years each )
Lock-in-Period
Rent Escalation
Notice Period
Handover of Possession
Nature of Agreement
Property/
Municipal Related Taxes
Amenities
As is where is basis other than broken glasses, broken tiles, bathroom fittings
along with bathroom doors. Also the Doors, Windows, Glass, bathroom fittings
which are missing or broken should be repaired,
The work should be completed before the signing of the Agreement.
Enclosed is the part security deposit amount of INR 2,00,000/- vide Cheque no. . dated .
drawn on ______________________________________________.
Both the parties confirm their agreement to the above
Thanking you
Yours truly,
______________________________
Sandeep Nanda - Director
for Benson Medical Equipments India Pvt. Ltd.
(LESSEE)
__ ___________________________
HEMANT BATRA
(LESSOR)