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Sublease Termination
"Need a Sublease Termination agreement for our office space at 123 Marina Bay, Singapore, with an early termination date of March 1, 2025, requiring specific provisions for the return of a $50,000 security deposit and detailed reinstatement works schedule."
1. Parties: Identification of head tenant (sublessor) and subtenant (sublessee)
2. Background: Details of original sublease and reasons for termination
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when sublease will terminate
5. Mutual Release: Release of parties from obligations under sublease
6. Return of Premises: Conditions for returning the premises
7. Security Deposit: Handling and return of security deposit
8. Execution: Signing provisions and witness requirements
1. Head Landlord Consent: Required if head lease requires consent for termination
2. Outstanding Payments: Settlement of any remaining rent or charges
3. Reinstatement Works: Requirements for property restoration
4. Surviving Obligations: Obligations that continue after termination
1. Original Sublease Agreement: Copy of the sublease being terminated
2. Inventory List: List of fixtures and fittings to be returned/removed
3. Head Landlord Consent Letter: Written consent from head landlord if required
4. Handover Checklist: Checklist for premises inspection and key return
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