Leave and License Agreement

LEAVE AND LICENSE AGREEMENT
This Agreement of LEAVE AND LICENSE is made on 1 st day of

the Month of December of the year 2018
BETWEEN
SHRI SUBHASH RAMKRISHNA PALYEKAR, son of

Rakrishna Vithal Palyekar, major in age, married,
businessperson, Indian National, residing at House No. LSS-
264, Sai Sehna, Co-op Society, New Pundalik Nagar, Housing
Board Colony, Porvorim, Bardez, Goa, hereinafter referred to
as the "LICENSOR" (which expression shall, unless it be
repugnant to the context or meaning thereof, be deemed to
mean include his successors and/or assigns) of the FIRST
PART.
AND
MR. VIRAJ VINAYAK SAKHALKAR, son of Vinayak Vasu
Sakhalker, Age – 32 years, married, businessman, Indian
National r/o. H.No 145, Mala, Panjim, North-Goa, Tiswadi,
403001, hereinafter referred to as the "LICENSEE" of the
OTHER PART.
WHEREAS the Licensor is the owner of a shop premises
bearing no.SH-10A admeasuring ________ Square meters,
situated in building known as “Sapana Heights” Near
Madhuban Complex, St- Inez, Panaji, Goa (hereinafter
referred to as the "SAID PREMISES").
AND WHEREAS the Licensee has approached the Licensor to
grant him said premises for period of eleven months on
temporary basis for business purpose in the said premises i.e
from 01.12.2018 to 31.10.2019.

AND WHEREAS the Licenser has agreed to grant the licence
to the licencee to temporarily occupy the said premises for a
period of 11 Months commencing from 01.12.2018 to
31.10.2019 subject to the terms and conditions contained
hereunder which terms and conditions both the parties desire
to reduce them in writing as follows:-
NOW THEREFORE THIS AGREEMENT WITNESSETH AS
FOLLOWS:
1. The Licensor hereby allows the Licensee to occupy on
temporary basis the above "said premises” for the said
period of 11 months with effect from 01.12.2018 to
31.10.2019, subject to the terms and conditions
contained herein under: -
2. The said License may be renewed for a further period of
11 months only at the sole discretion of the Licensor in
writing if the licensor so desires on fresh terms and
conditions.
3. The licensee shall vacate the premises and cease to
occupy the same on expiry of the licensed period without
delay or hesitation. Failure to vacate the premises on the
expiration of the license shall render the licensee as
trespasser and the licensor shall be entitled to recover Rs
10,000/- (Rupees Ten Thousand only) per day from the
licensee as damages without prejudice to the other rights
of the Licensor.
4. The Licensee has agreed to pay monthly compensation of
Rs. 7, 000 /- (Rupees Seven thousand only) per month on
1st day of each succeeding month. The Licensee has paid
the compensation for the month of December which the
Licensor hereby admits and acknowledges having
received.
5. The Licensee has agreed to pay interest free security
deposit of Rs. 15,000 /- (Rupees Fifteen Thousand only)
which the Licensor hereby admits and acknowledges
having received.
It is agreed that the security deposit shall be refunded by
the Licensor to the Licensee at the time the licensee
vacating and ceasing to occupy the said premises. It is
agreed that the security deposit shall not carry any
interest. If any damage is caused to the said premises or
the furniture's and fixtures the said security deposit shall
be applied towards the settlement of the damage and the
excess if any will be recovered from the Licensee. In the
event the Licensee terminates the agreement before its
expiry of 11 months or leaves the premises within 11
months then the security deposit paid by Licensee shall
not be refunded by the Licensor.
6. The Licensee shall occupy the said premises only for
business purpose and not for any other purpose or any
other person whatsoever.

7. The Licensee shall not do any construction, extension or
modification to the said premises.
8. The Licensee shall not store any contraband items, any
corrosive explosive or hazardous goods nor any drugs or
narcotics.
9. It is agreed that possession of the premises shall remain
with the Licensor and the Licensor shall be deemed
always to be in exclusive possession of the licensed
premises. Licensor shall have the right to enter into the
premises at any time to inspect the premises or
otherwise. It is further expressly agreed that only
temporary occupation of the premises shall be with the
Licensee.
10. The Licensee shall pay electricity bills pertaining to the
licensed premises and submit the original payment
receipts along with the bills to the Licensor.
11. The Licensee shall obey and abide by all the rules
established by the society of the said building in which
the said premises is situated. The licensee shall pay all
the Government Taxes and Society Fees.
12. The Licensee shall remove himself with all the persons
from the said premise with all their belonging on the
revocation or Termination of the License and shall deliver
the keys of the said premises to the licensor on
revocation/termination of the License.

13. Licensor shall be entitled to cancel the License in the
event Licensee commits defaults and contravenes any of
the conditions of the License.
14. In the event of' the Licensee desiring to vacate and stop
occupying the said premises, he shall give advance two
months notice to the Licensor. In the event the Licensor
desiring to terminate the License before the License
period, he shall give advance 2 months notice to the
Licensee at the address mentioned in this agreement
except in cases of violation or contravention of conditions
of the license in which case 2 months period will be
dispensed with.
15. This License does not create any demise or tenancy or
any other right in favour of the Licensee in the said
premises or any other part thereof.
16. Any notice to be served upon the Licensee shall be
deemed to be properly served if addressed to the Licensee
and if delivered at the said premises or if pasted on the
outer door of the said premises.
17. That the licensee shall not commit any such act which
shall be declared as per the law of the land and/or may
cause nuisance to the occupants of the other portion of
the building or the building of the neighborhood and he
shall be fully responsible for the same in case of breach of
the same and for the legal consequences.

18. The licensee shall maintain and keep the said premises in
good condition and shall not carry out any illegal
activities in the said premises.
IN WITNESS whereof the parties hereto have signed this
Agreement on the day, month and year first hereinabove
mentioned.
SIGNED, SEALED & DELIVERED

BY THE WITHIN NAMED LICENSOR
SHRI SUBHASH RAMKRISHNA PALYEKAR
SIGNED, SEALED & DELIVERED

BY THE WITHIN NAMED LICENSEE
VIRAJ VINAYAK SAKHALKER
IN THE PRESENCE OF WITNESSES:
1. ______________________
2. ______________________

Leave and License Agreement

Uploaded by

Copyright:

Available Formats

Leave and License Agreement

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Leave and License Agreement

Uploaded by

Copyright:

Available Formats

LEAVE AND LICENSE AGREEMENT

This Agreement of LEAVE AND LICENSE is made on 1 st day of

SHRI SUBHASH RAMKRISHNA PALYEKAR, son of

MR. VIRAJ VINAYAK SAKHALKAR, son of Vinayak Vasu

Sakhalker, Age – 32 years, married, businessman, Indian

National r/o. H.No 145, Mala, Panjim, North-Goa, Tiswadi,

403001, hereinafter referred to as the "LICENSEE" of the

WHEREAS the Licensor is the owner of a shop premises

bearing no.SH-10A admeasuring ________ Square meters,

situated in building known as “Sapana Heights” Near

Madhuban Complex, St- Inez, Panaji, Goa (hereinafter

referred to as the "SAID PREMISES").

AND WHEREAS the Licensee has approached the Licensor to

grant him said premises for period of eleven months on

temporary basis for business purpose in the said premises i.e

from 01.12.2018 to 31.10.2019.

to the licencee to temporarily occupy the said premises for a

period of 11 Months commencing from 01.12.2018 to

31.10.2019 subject to the terms and conditions contained

hereunder which terms and conditions both the parties desire

to reduce them in writing as follows:-

NOW THEREFORE THIS AGREEMENT WITNESSETH AS

1. The Licensor hereby allows the Licensee to occupy on

temporary basis the above "said premises” for the said

period of 11 months with effect from 01.12.2018 to

31.10.2019, subject to the terms and conditions

contained herein under: -

2. The said License may be renewed for a further period of

11 months only at the sole discretion of the Licensor in

writing if the licensor so desires on fresh terms and

3. The licensee shall vacate the premises and cease to

occupy the same on expiry of the licensed period without

delay or hesitation. Failure to vacate the premises on the

expiration of the license shall render the licensee as

trespasser and the licensor shall be entitled to recover Rs

10,000/- (Rupees Ten Thousand only) per day from the

licensee as damages without prejudice to the other rights

Rs. 7, 000 /- (Rupees Seven thousand only) per month on

1st day of each succeeding month. The Licensee has paid

the compensation for the month of December which the

Licensor hereby admits and acknowledges having

5. The Licensee has agreed to pay interest free security

deposit of Rs. 15,000 /- (Rupees Fifteen Thousand only)

which the Licensor hereby admits and acknowledges

It is agreed that the security deposit shall be refunded by

the Licensor to the Licensee at the time the licensee

vacating and ceasing to occupy the said premises. It is

agreed that the security deposit shall not carry any

interest. If any damage is caused to the said premises or

the furniture's and fixtures the said security deposit shall

be applied towards the settlement of the damage and the

excess if any will be recovered from the Licensee. In the

event the Licensee terminates the agreement before its

expiry of 11 months or leaves the premises within 11

months then the security deposit paid by Licensee shall

not be refunded by the Licensor.

6. The Licensee shall occupy the said premises only for

business purpose and not for any other purpose or any