DEED OF LEASE AGREEMENT
This Deed of Lease Agreement is made at Dhaka on this 17th December 2024 and effective from 1st January 2025
Between
Tokyo Consulting Firm Limited, a private company limited by shares, duly incorporated under the Company Act, 1994 of Bangladesh, represented by its Director Mr. Fumihiro Abe a Japanese national (Passport Number: TZ2230975 Mobile Number: 01330992768 Email: (jp_bangladesh_cs@tokyoconsultinggroup.com) of Safura Tower (10th Floor South), 20 Kemal Ataturk Avenue, Banani C/A, Dhaka-1213, Bangladesh, hereinafter called the Lessor, on the one part.
AND
Bangladesh Japan Cooperation Company Limited is a company limited by shares, duly incorporated under the Companies Act, 1994 of Bangladesh represented by its Managing Director Mr. Kazuhiro Yuasa a Japanese national (Passport Number: TZ2086049) from Flat H, 19/F, Tower 6, Harbour Place, No8 Oi King Street, Kowloon Hong Kong hereinafter called the Lessee, on the other part.
PRELUDE:
A. WHEREAS the Lessor of Safura Tower (10th Floor South), 20 Kemal Ataturk Avenue, Banani C/A, Dhaka-1213, Bangladesh, which is fully described in the schedule hereunder written and hereinafter referred to as the said property.
B. WHEREAS the Lessee AND the Lessor are willing to enter into a lease agreement for the demised premises approximately 100 sft, at the 10th Floor for operating the business of the Lessee on 1st January 2025 for a period of Twelve (12) months
C. WHEREAS the Lessor and the Lessee wish to be bound by the following terms and conditions with an option to renew the lease of the demised premises for a similar further period unless terminated by the parties and the Lessor agrees to grant the lease therefore on the following terms and conditions.
SUBJECT TO THE TERMS AND THE CONDITIONS AND CONVENTS HEREINAFTER CONTAINED NOW THIS AGREEMENT WITNESS AND IT IS AGREED BETWEEN THE PARTIES HERETO AS FOLLOWS:
A. AREA: - Area will be 100 sft.
B. RENT FEE: - The Lessee shall agree to pay the following rent fee to the Lessor.
Per Year: USD 1,500 (One Thousand Five Hundred) only [Including Tax, Excluding VAT]
C. DURATION OF THE LESSEE: - The duration of the lease shall be Twelve (12) months commencing from 1st January 2025 and it may be renewed for a further period mentioned above by mutual consent of the parties and at the terms and conditions agreed upon mutually on the expiry of the present lease agreement and at the time of renewal, the rent will be fixed at the market rate of the area.
MISCELLANEOUS:
The Lessor shall pay for all telephone, electricity, water, and other utility services used in or provided to the demised premises in question.
That aforesaid Lessor shall pay the Municipal Tax, Land Tax, and other local impositions relating to the premises in question whereas TAX & VAT will be paid by Lessee.
That the lease will not be terminated by the Lessor as long as the Lessee continues to pay the rent on time. But the Lessor may ask the Lessee to vacate the house if that is required for the Lessor’s personal use serving three months’ notice and the Lessee shall also be entitled at any time to terminate this Agreement by giving one month’s notice or by paying one-month rental in lieu of such notice.
That the Lessee shall deliver vacant possession to the Lessor at the termination of the term in good condition as delivered at the time of giving possession of the house.
That the Lessee should see that sanitary fittings are kept clean, and no brokerage is made in any manner that will create inconvenience to the Lessee as well as the Lessor.
On expiry of the term the Lessee can be renewed for a similar further period unless terminated by either party.
In witness where both the Lessee and the Lessor have put their signatures on the day and year mentioned above.
THE SCHEDULE OF THE PROPERTY ABOVE REFERRED TO:
Safura Tower (10th Floor South), 20 Kemal Ataturk Avenue, Banani C/A, Dhaka-1213, Bangladesh.
Signature of the Lessee:
Signature of the Lessor:
________________
Kazuhiro Yuasa
Managing Director
Bangladesh Japan Cooperation Company Limited
_________________
Fumihiro Abe
Director
Tokyo Consulting Firm Limited
Witness: 01
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Witness: 02
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