Sublease Agreement Sample

FOR VALUABLE CONSIDERATION, the Parties agree to the following terms and conditions.

1. Premises
   Sublessor hereby subleases to Sublessee and Sublessee hereby subleases from Sublessor for the term specified below, and upon all of the conditions set forth herein, that certain real property, including all improvements thereon, commonly known by the street address of _____________ _____________________, located in the County of ___________, State of ____________, and generally described as __________________________________________________________________________ (the "Premises").

2. Term
   The term of this Sublease shall be for ____________________[SPECIFY NUMBER OF MONTHS, YEARS] commencing on ____________, 20__ and ending on _____________, 20__, unless sooner terminated pursuant to any provision hereof. Sublessor agrees to use its best commercially reasonable efforts to deliver possession of the Premises by the commencement date. If, despite said efforts, Sublessor is unable to deliver possession as agreed, the rights and obligations of Sublessor and Sublessee shall be as set forth in the Master Lease and in Paragraph 7 of this Sublease.

3. Base Rent
   Sublessee shall pay to Sublessor as Base Rent for the Premises equal monthly payments of $_________ in advance, on the _______ day of each month of the term hereof. Sublessee shall pay Sublessor upon the execution hereof $___________ as Base Rent for the period ___________ through ____________. Base Rent, which is less than one month for any period during the term hereof, shall be calculated at a pro rata portion of the monthly installment.

4. Rent Defined
   All monetary obligations of Sublessee to Sublessor under the terms of this Sublease (except for the Security Deposit) are deemed to be rent ("Rent"). Rent shall be payable in lawful money of the United States to Sublessor at the address stated herein or to such other persons or at such other places as Sublessor may designate in writing.

5. Security Deposit
   Sublessee shall deposit with Sublessor upon execution hereof $_________ as security for Sublessee’s faithful performance of Sublessee’s obligations hereunder. The rights and obligations of Sublessor and Sublessee as to said Security Deposit shall be as set forth in the Master Lease (as modified by Paragraph 7 of this Sublease).

6. Use
   
   1. Agreed Use
      The Premises shall be used and occupied only for ____________________ and for no other purpose.

   2. Compliance
      Sublessor warrants that the improvements on the Premises comply with all applicable covenants or restrictions of record and applicable building codes, regulations and ordinances in effect on the commencement date. Said warranty does not apply to the use to which Sublessee will put the Premises or to any alterations or utility installations made or to be made by Sublessee. NOTE: Sublessee is responsible for determining whether or not the zoning is appropriate for its intended use, and acknowledges that past uses of the Premises may no longer be allowed. If the Premises do not comply with said warranty, or in the event that the applicable requirements are hereafter changed, the rights and obligations of Sublessor and Sublessee shall be as provided in the Master Lease (as modified in Paragraph 7 of this Sublease).

   3. Acceptance of Premises and Lessee
      Sublessee acknowledges that: