SUB-LEASE. 13.1. The Lessee shall not have the right to sub-lease or share the Demised Premises or any part thereof except with the prior written permissions of the Lessor, which the Lessor may deny without assigning any reason therefor. 13.2. If the Lessee has been permitted by the Lessor to sub-lease and/or share the use with any other person then the same shall subject to the following conditions: 13.2.1. the Lessee giving prior written notice to the Lessor along with documentary evidence including certificate of the Lessee’s statutory auditors, certifying the Lessee’s relationship as aforesaid with such company or entity and the Lessor approving such sub-lease/sharing with such entity; 13.2.2. in the event of sub-lease or sharing their use of the Demised Premises the Lessee will continue to remain fully liable for regular and timely payment of the Lease Rent and to be fully and effectively responsible for fulfilling all its obligations under this Deed; and 13.2.3. such company or entity not being entitled to and not claiming any right, title or interest in the Demised Premises and/or to the benefits of the Lease. 13.3. It is however agreed by and between the Parties that no allowing or sharing of the use or sub-letting of the Demised Premises as contained herein shall be permissible in the event the /s/KM /s/PM Lessor’s initial Lessee’s initial prior permission/consent of any regulatory authority is required under the extant Laws and such permission/ consent has not been obtained.
Appears in 1 contract
Sources: Lease Deed (Freshworks Inc.)
SUB-LEASE. 13.1. 13.1 The Lessee shall not have the right to sub-lease or share the Demised Premises or any part thereof except with the prior written permissions of the Lessor, which the Lessor may deny without assigning any reason therefor.
13.2. 13.2 If the Lessee has been permitted by the Lessor to sub-lease and/or share the use with any other person then the same shall subject to the following conditions:
13.2.1. 13.2.1 the Lessee giving prior written notice to the Lessor along with documentary evidence including certificate of the Lessee’s statutory auditors, certifying the Lessee’s relationship as aforesaid with such company or entity and the Lessor approving such sub-lease/sharing with such entity;
13.2.2. 13.2.2 in the event of sub-lease or sharing their use of the Demised Premises the Lessee will continue to remain fully liable for regular and timely payment of the Lease Rent and to be fully and effectively responsible for fulfilling all its obligations under this Deed; and
13.2.3. 13.2.3 such company or entity not being entitled to and not claiming any right, title or interest in the Demised Premises and/or to the benefits of the Lease.
13.3. For FAERY ESTATES PVT. LTD For Freshworks Technologies Private Limited Authorized Signatory Authorized Signatory ▇▇▇▇▇▇’▇ initial Lessee’s initial 13.3 It is however agreed by and between the Parties that no allowing or sharing of the use or sub-letting of the Demised Premises as contained herein shall be permissible in the event the /s/KM /s/PM Lessor’s initial Lessee’s initial prior permission/consent of any regulatory authority is required under the extant Laws and such permission/ consent has not been obtained.
Appears in 1 contract
Sources: Lease Agreement (Freshworks Inc.)
SUB-LEASE. 13.1. The Lessee shall not have the right to sub-lease or share the Demised Premises or any part thereof except with the prior written permissions of the Lessor, which the Lessor may deny without assigning any reason therefor.
13.2. If the Lessee has been permitted by the Lessor to sub-lease and/or share the use with any other person then the same shall subject to the following conditions:
13.2.1. the Lessee giving prior written notice to the Lessor along with documentary evidence including certificate of the Lessee’s statutory auditors, certifying the Lessee’s relationship as aforesaid with such company or entity and the Lessor approving such sub-lease/sharing with such entity;
13.2.2. in the event of sub-lease or sharing their use of the Demised Premises the Lessee will continue to remain fully liable for regular and timely payment of the Lease Rent and to be fully and effectively responsible for fulfilling all its obligations under this Lease Deed; and
13.2.3. such company or entity not being entitled to and not claiming any right, title or interest in the Demised Premises and/or to the benefits of the Lease.
13.3. It is however agreed by and between the Parties that no not allowing or sharing of the use or sub-letting of the Demised Premises as contained herein shall be permissible in the event the /s/KM /s/PM Lessor’s initial Lessee’s initial prior permission/consent of any regulatory authority is required under the extant Laws and such permission/ consent has not been obtained.
Appears in 1 contract
Sources: Lease Deed (Freshworks Inc.)