LEASE EXTENSION AGREEMENT
THIS LEASE EXTENSION AGREEMENT (the "Agreement") is entered into on this, ______________ _____, ________.
BY AND BETWEEN:
In regard to the located at , (the "Premises").
For and in consideration of the covenants and obligations contained herein the name parties do hereby agree as follows:
- EXISTING LEASE AGREEMENT
There is a prior lease agreement in regard to the Premises, of which the terms are being amended. The original lease agreement was signed and executed by both parties on ______________ _____, ________ The original lease agreement began on ______________ _____, ________ with an end date of ______________ _____, ________.
- LEASE EXTENSION
The Landlord and Tenants both agree and confirm with their signatures on this Agreement that the existing Lease Agreement shall be extended for an additional term. The Agreement shall begin as of ______________ _____, ________ with the end date of the extension being ______________ _____, ________
- GOVERNING LAW
This Agreement shall be governed and construed in accordance with the laws of the Province of .
- HEADINGS AND INTERPRETATION
Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. In interpreting the language of this Agreement, the Landlord and Tenant will be treated as having drafted this Agreement after meaningful negotiations. The language in this Agreement will be construed as to its fair meaning and not strictly for or against either Party.
The parties hereby indicate by their signatures below that they have read and agree with the terms and conditions of this Agreement in its entirety.
______________ _____, ________.