Landlord Material Breach of Lease Forms for Commercial Leases

Secure the obligations of a corporate tenant ⁄ lessee under a commercial lease in Canada with this Commercial Lease Indemnity Agreement.

• The indemnity is given by a principal of the tenant, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
• An indemnity of this type is typically required as an inducement to the lessor ⁄ landlord to sign the lease.
• If the tenant defaults in its obligations, the indemnifying party agrees to perform those obligations, including paying all rent and other amounts due under the lease.
• The indemnifying party also indemnifies and saves the landlord harmless against loss, costs or damages suffered by the landlord as a result of such failure.
• The indemnity is absolute, unconditional and irrevocable, and will not be affected by any extension of time, waiver or consent by the landlord, or by the expiration or termination of the lease.

This Canada Commercial Lease Indemnity Agreement template is provided in MS Word format, and is fully editable to meet your exact needs.

Add this Schedule to a commercial lease agreement to set out turnkey provisions for tenant improvements which will be made by the landlord before the commencement date.

• The landlord will build out the premises on a turnkey basis to mutually agreed design specifications.
• The landlord's financial contribution towards the tenant improvements will not exceed a specified limit. Any costs over and above that limit must be paid by the tenant.
• Any schedule delays attributable to the tenant will not extend the commencement date.

Use this free Common Area Maintenance Clause for a commercial lease agreement to customize it for a shopping center or retail condo premises.

• Click the Download button to download the Common Area Maintenance Clause in Microsoft Word format.
• This is a free form which can be inserted into a commercial lease.
• The form does not contain references to any specific legislation and can be used in many jurisdictions.