COMMERCIAL LEASE AMENDMENT AGREEMENT
This Lease Amendment Agreement (hereinafter referred to as the "Agreement") is effective as of ________ by and between ________, a corporation incorporated under the laws of Ontario (hereinafter "the Landlord"), and ________, a corporation incorporated under the laws of Ontario (hereinafter the "Tenant").
The Landlord and the Tenant are hereinafter referred to as the "Party" and collectively as the "Parties".
RECITALS
WHEREAS the Tenant is the current tenant of a commercial property (hereinafter referred to as "the Property") located at the following address, owned by the Landlord:
________
AND WHEREAS the Landlord and the Tenant wish to amend the terms of the original Lease Agreement (hereinafter "Lease") between them, subject to the terms and conditions set forth herein;
NOW THEREFORE, in consideration of the obligations and covenants contained herein and any other valuable consideration, the receipt and validity of which are hereby acknowledged, the parties hereby covenant and agree as follows:
Article 1 - AMENDMENT
The Landlord and the Tenant hereby agree to amend the Lease as of the effective date, above:
1.1. Section ________ is hereby amended as follows:
________
Article 2 - NO ADDITIONAL CHANGE
The amendment described above is the one and only amendment to the Lease and, unless expressly provided otherwise, all terms and conditions of the Lease remain the same and are in full force and effect.
Article 3 - COUNTERPARTS
Lorem ipsum dolor sit amet consectetur adipiscing elit sed do eiusmod tempor incididunt ut labore et dolore magna aliqua ut enim ad minim veniam quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat duis aute irure dolor in reprehenderit voluptate velit esse cillum dolore eu fugiat nulla pariatur lorem ipsum dolor sit amet consectetur adipiscing elit sed do eiusmod tempor incididunt ut.
Article 4 - GENERAL PROVISIONS
4.1. Binding: This Agreement is for the benefit of and against the respective successors, assigns, heirs, executors and/or administrators of both parties.
4.2. Miscellaneous: If any part or sub-part of this Agreement is found to be invalid by court order, judgment or other legal provision, the remaining parts and sub-parts of this Agreement shall remain valid and enforceable to the maximum extent possible.
4.3. Governing Law: This Agreement shall be governed, interpreted and enforced by the laws of Ontario, and the federal laws of Canada applicable therein.
Lorem ipsum dolor sit amet consectetur adipiscing elit sed do eiusmod tempor incididunt ut labore et dolore magna aliqua ut enim ad minim veniam quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat duis aute irure dolor.
SIGNATURES
This Agreement is effective as of the date mentioned above.
LANDLORD
________
Per:________________________________
Name:
I have authority to bind the corporation
TENANT
________
Per:________________________________
Name:
I have authority to bind the corporation