Lease Assignment Agreement

Québec Anglais Droit civil Non annoté

Lease Assignment Agreement

  1. Documents

  2. Contrat de cession de bail Contrat de cession de bail

    E08800 -
    Québec Français Droit civil Non annoté

    99,99 $

    99,99 $

  3. Benchmarking Grid - Lease Assignment... Benchmarking Grid - Lease Assignment Agreement

    E08801a -
    Québec Anglais Droit civil Non annoté

    19,99 $

    19,99 $

  4. Contrat de cession de bail Contrat de cession de bail

    E08800n -
    Québec Français Droit civil Annoté

    149,99 $

    149,99 $

  5. Grille d'analyse - Contrat de cession de... Grille d'analyse - Contrat de cession de bail

    E08801 -
    Québec Français Droit civil Non annoté

    19,99 $

    19,99 $

  6. Lease Assignment Agreement Lease Assignment Agreement

    E08800a -
    Québec Anglais Droit civil Non annoté

    99,99 $

    99,99 $

Lease Assignment Agreement

The assignment of the lease does not create a new lease. The tenant assigns its lease to an assignee, meaning that the assignee is therefore substituted as tenant and the rights and obligations under the lease are transferred to it.

This agreement has the advantage of being simpler than a sublease; but this does mean that it is not free from difficulties. This template sets out the principal terms for this type of transaction.

Lease Assignment Agreement

This sublease agreement template can be used when a tenant (lessee) wishes to terminate a lease, in whole or in part, before its expiry, because the lessor will nevertheless be entitled to continue collecting the rent until the end of the lease. It is important to note that the tenant will be solely responsible for finding a subtenant that is approved by the lessor; and the tenant and subtenant will be solidarily liable for the rented premises.

Lease Assignment Agreement

0.00 INTERPRETATION
0.01 Definitions
0.01.01 Activities
0.01.02 Agreement
0.01.03 Breach
0.01.04 Building
0.01.05 Change in Control
0.01.06 Confidential Information
0.01.07 Event of Default
0.01.08 Force Majeure
0.01.09 Fundamental Provisions
0.01.10 Immovable
0.01.11 Intellectual Property
0.01.12 Law
0.01.13 Lease
0.01.14 Leased Premises
0.01.15 Legal Representatives
0.01.16 PARTY
0.01.17 Payable Rent
0.01.18 Person
0.01.19 Related Person
0.01.20 Subsidiary
0.02 Precedence
0.03 Jurisdiction
0.03.01 Governing Law
0.03.02 Non-Compliance
a) Severability
b) Substitute Provision
0.04 Miscellaneous
0.04.01 Cumulative Rights
0.04.02 No Waiver
0.04.03 Time Limits
a) Time of the Essence
b) Computation of Time
c) Delays
0.04.04 Financial References
0.04.05 Cross-References
0.04.06 Gender and Number
0.04.07 Headings
0.04.08 Presumptions
0.04.09 Knowledge
0.04.10 Approval
0.04.11 Accounting Standards
1.00 PURPOSE
1.01 Assignment
1.02 Conditions
1.02.01 Required by LESSEE
1.02.02 Required by ASSIGNEE
1.02.03 Election
2.00 CONSIDERATION
3.00 TERMS OF PAYMENT
4.00 SECURITY
4.01 Moveable Hypothec Without Delivery
4.02 Suretyship
4.02.01 Intervention and Undertaking
4.02.02 Solidary Liability
4.02.03 Waiver
4.02.04 Presumption
4.02.05 Scope
4.02.06 Jurisdiction
4.03 Irrevocable Letter of Credit
4.04 Consent of LESSOR
5.00 MUTUAL REPRESENTATIONS AND WARRANTIES
5.01 Status
5.02 Authority
5.03 Binding Agreement
5.04 Canadian Resident
5.05 Commission
5.06 Insurance
5.07 Nominee
5.08 Fundamental Provisions
5.09 Disclosure
5.10 Legal Proceedings
5.11 Declaration of Intent
5.12 Other Promises, Representations or Declarations
5.13 Repair of the Leased Premises
6.00 REPRESENTATIONS AND WARRANTIES OF LESSEE
6.01 Status
6.02 Authority
6.03 Binding Agreement
6.04 Canadian Resident
6.05 Commission
6.06 Insurance
6.07 Nominee
6.08 Fundamental Provisions
6.09 Disclosure
6.10 Legal Proceedings
6.11 Quiet Enjoyment
6.12 Compliance with Lease
7.00 REPRESENTATIONS AND WARRANTIES OF ASSIGNEE
7.01 Status
7.02 Authority
7.03 Binding Agreement
7.04 Canadian Resident
7.05 Commission
7.06 Insurance
7.07 Nominee
7.08 Fundamental Provisions
7.09 Disclosure
7.10 Legal Proceedings
7.11 Knowledge of the Lease
7.12 Compliance
7.13 Condition of the Leased Premises
8.00 MUTUAL DUTIES AND OBLIGATIONS
8.01 Confidential Information
8.01.01 Undertaking
8.01.02 End of Agreement
8.02 Indemnification
8.02.01 “Loss”
8.02.02 Scope
8.02.03 Procedure
8.02.04 Deductible
8.02.05 Limitation on Claims
8.03 Disclosure of Agreement
9.00 DUTIES AND OBLIGATIONS OF LESSEE
9.01 Suretyship
9.02 Fitting the Premises
9.03 Release of Leased Premises
10.00 DUTIES AND OBLIGATIONS OF ASSIGNEE
10.01 Undertaking to be Bound by Lease
10.02 Leasehold Improvements
10.03 Use of Leased Premises
10.04 Preparation Fees
11.00 SPECIAL PROVISIONS
11.01 Discharge of LESSOR
11.02 Force Majeure
11.02.01 No Default
11.02.02 Duty
11.02.03 Rights of Other PARTY
11.03 Personal Information Regarding ASSIGNEE
11.03.01 LESSOR’s Rights
11.03.02 Obtaining
11.03.03 Communicating
11.03.04 Acknowledgement
11.03.05 Storing
11.03.06 Consulting
11.04 Further Assurances
11.05 Remedies
11.05.01 Election
11.05.02 No Limitations
11.06 Prescriptive Period
11.07 Pre-Incorporation Agreement
12.00 GENERAL PROVISIONS
12.01 Notice
12.02 Dispute Resolution
12.02.01 Good Faith Negotiations
12.02.02 Mediation
12.02.03 Arbitration
a) Notice
b) Reply
c) Appointment of a Third Arbitrator
d) Confidentiality
e) Hearing
f) Ruling
g) Costs
h) Supplementary Rules
12.03 Election
12.04 Counterparts
12.05 Amendment
12.06 No Waiver of Rights
12.07 Electronic Transmission
12.08 Language
13.00 TERMINATION
14.00 EFFECTIVE DATE
15.00 DURATION
16.00 SCOPE


SCHEDULE A – EXCERPT OF A RESOLUTION OF LESSEE
SCHEDULE B – EXCERPT OF A RESOLUTION OF ASSIGNEE
SCHEDULE 0.01.08 – LEASE
SCHEDULE 0.01.09 – LEASED PREMISES
SCHEDULE 4.01 – MOVABLE HYPOTHEC WITHOUT DELIVERY
SCHEDULE 4.02 – INTERVENTION OF SURETY
SCHEDULE 4.02.01 – INTERVENTION OF SURETY
SCHEDULE 4.03 – IRREVOCABLE LETTER OF CREDIT
SCHEDULE 4.04 – CONSENT OF LESSOR

Contrat de cession de bail

  1. Documents

  2. Contrat de cession de bail Contrat de cession de bail

    E08800 -
    Québec Français Droit civil Non annoté

    99,99 $

    99,99 $

  3. Benchmarking Grid - Lease Assignment... Benchmarking Grid - Lease Assignment Agreement

    E08801a -
    Québec Anglais Droit civil Non annoté

    19,99 $

    19,99 $

  4. Contrat de cession de bail Contrat de cession de bail

    E08800n -
    Québec Français Droit civil Annoté

    149,99 $

    149,99 $

  5. Grille d'analyse - Contrat de cession de... Grille d'analyse - Contrat de cession de bail

    E08801 -
    Québec Français Droit civil Non annoté

    19,99 $

    19,99 $

  6. Lease Assignment Agreement Lease Assignment Agreement

    E08800a -
    Québec Anglais Droit civil Non annoté

    99,99 $

    99,99 $