Letter Requesting for Extension of Period to Pay or Discount on Commercial Rent - Word & PDF Template Form

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Re: Request for Extension of the Period to Pay Rent
Lease Contract dated ________

Dear Sir/Madam,

We write on behalf of ________ (the “Lessee”), with principal address at ________, represented herein by its duly authorized representative, ________, in connection with the Lease Contract executed by and between the Lessee and ________ (the “Lessor”) on ________ (the “Lease Contract”), covering the property described below (the “Leased Property”):

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The Lessee occupies and uses the Leased Property for the conduct of its business, more particularly described as follows:

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We respectfully bring to the Lessor’s attention that the business operations of the Lessee have been materially and adversely affected in the following manner:

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In view of these circumstances, and pursuant to the principles of good faith in the performance of obligations under Article 1159 and Article 1315 of the Civil Code of the Philippines (Republic Act No. 386), and invoking the spirit of mutual accommodation that governs the parties’ contractual relationship, the Lessee respectfully requests an extension of the period within which to pay the rent corresponding to the period from ________ to ________ (the “Subject Period”).

The rent for the Subject Period, in the amount of ________ (Philippine Pesos), falls due on ________. The Lessee respectfully requests that the full amount of the said rent be paid on or before ________, and that, pursuant to the parties’ agreement and consistent with Articles 1226, 1229 and 2209 of the Civil Code of the Philippines, no penalties, interest, surcharges, or other consequences of default under the Lease Contract be imposed in respect of the extension herein requested.

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Thank you for your time and kind consideration. We look forward to your favorable reply.

Respectfully yours,

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For and on behalf of ________

CONFORME / WITH CONFORMITY:

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For and on behalf of ________
Date: ________