Sublease Agreement Template printable pdf download

SUBLEASE AGREEMENT

THIS SUBLEASE AGREEMENT is entered into on

, 20

by and between

("SUBLESSOR”), with an address of

and

_, ("SUBTENANT"),

(the “Parties”).

currently located at

FOR VALUABLE CONSIDERATION, the Parties agree to the following terms and conditions.

Premises.

Sublessor hereby subleases to Sublessee and Sublessee hereby subleases from Sublessor for the

term specified below, and upon all of the conditions set forth herein, that certain real property, including all improvements

thereon, commonly known by the street address of

, located in the County of

_, State of California, and generally described as

(the “Premises”).

2. Term. The term of this Sublease shall be for

commencing on

_, 20

and ending on

, 20

, unless sooner terminated pursuant to any provision hereof. Sublessor agrees

to use its best commercially reasonable efforts to deliver possession of the Premises by the commencement date. If,

despite said efforts, Sublessor is unable to deliver possession as agreed, the rights and obligations of Sublessor and

Sublessee shall be as set forth in the Master Lease and in Paragraph 7 of this Sublease.

Base Rent.

Sublessee shall pay to Sublessor as Base Rent for the Premises equal monthly payments of

in advance, on the

day of each month of the term hereof. Sublessee shall pay Sublessor upon the

execution hereof $_

as Base Rent for the period

through

. Base Rent which

is less than one month for any period during the term hereof shall be calculated at a pro rata portion of the monthly

installment.

4. Rent Defined. All monetary obligations of Sublessee to Sublessor under the terms of this Sublease (except for

the Security Deposit) are deemed to be rent (“Rent”). Rent shall be payable in lawful money of the United States to

Sublessor at the address stated herein or to such other persons or at such other places as Sublessor may designate in

writing.

Security Deposit.

Sublessee shall deposit with Sublessor upon execution hereof $_

as security for

Sublessee’s faithful performance of Sublessee’s obligations hereunder. The rights and obligations of Sublessor and

Sublessee as to said Security Deposit shall be as set forth in the Master Lease (as modified by Paragraph 7 of this

Sublease).

6. Use.

(a) Agreed Use.

The Premises shall be used and occupied only for

and for no other purpose.

(b) Compliance. Sublessor warrants that the improvements on the Premises comply with all applicable covenants or

restrictions of record and applicable building codes, regulations and ordinances in effect on the commencement date.

Said warranty does not apply to the use to which Sublessee will put the Premises or to any alterations or utility

installations made or to be made by Sublessee. NOTE: Sublessee is responsible for determining whether or not the

zoning is appropriate for its intended use, and acknowledges that past uses of the Premises may no longer be allowed. If

the Premises do not comply with said warranty, or in the event that the applicable requirements are hereafter changed,

the rights and obligations of Sublessor and Sublessee shall be as provided in the Master Lease (as modified in

Paragraph 7 of this Sublease).

respect to the condition of the Premises (including but not limited to the electrical, HVAC and fire sprinkler systems,

security, environmental aspects, and compliance with all applicable requirements) and their suitability for Sublessee’s

intended use; (ii) Sublessee has made such investigation as it deems necessary with reference to such matters and

assumes all responsibility therefor as the same relate to its occupancy of the Premises; and (iii) neither Sublessor,

Sublessor’s agents, nor any broker has made any oral or written representations or warranties with respect to said

matters other than as set forth in this Sublease. In addition, Sublessor acknowledges that it is Sublessor’s sole

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Sublease Agreement Template

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