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It sets a 10-year lease period from execution date and specifies a gestation period for production, with possible extension and automatic cancellation upon failure to commence commercial production. The agreement defines monthly rent per sq.ft, payment timelines, revised-rent provisions, and interest for payment defaults. It also covers conditions for mortgage/loan arrangements, limits on bank rights, and remedies including legal recourse and resumption of possession for non-payment.","DRAFT LEASE AGREEMENT FOR SHED\nTHIS LEASE AGREEMENT is made on the ………………..day of ……….. at Guwahati, Assam .\n-BETWEEN-\n(AIDC Ltd./AIIDC Ltd. /ASIDC Ltd)....................) A Govt. of Assam Undertaking, established Under ..............Act 19..., having its Registered/ Head Office at .......................... represented herein by its authorized representative, .................... hereinafter referred to as LESSOR / FIRST PARTY (which expression shall unless the context does not so admit includes its successors and assigns) of the ONE PART.\n-AND-\nM/s …………………………………. represented by authorized representative…………………………. Son of Sri/ Smti …………………………………… having its head office at ……………………………………………… (hereinafter referred to as the LESSEE/ SECOND PARTY which expression shall, unless the context does not so admit, include his heirs, its executors, administrators, legal representatives and permitted assigns successors and permitted assigns) of the OTHER PART.\nWHEREAS, the SECOND PARTY/LESSEE/ SECOND PARTY has applied to the AIDC Ltd/ AIIDC/ASIDC Ltd/.......... for grant on lease a factory shed or building or part of building or plot of land for starting an industry under the name and style of M/s …………………………………. for manufacturing /processing / servicing / repairing of ………………………………………………etc.\n-AND-\nWHEREAS, the (AIDC Ltd/AIIDC/ ASIDC Ltd/ ........) on the application made by the LESSEE/ SECOND PARTY, and in the light of the Laws/Rules/Regulation applicable herein this case, agreed to grant him on lease for occupation of a Shed in Industrial Estate/Industrial Area/Growth Centre/ Commercial Estate ............. etc. as described in the schedule hereunder and under the terms and conditions hereinafter set forth.\nWHERAS, In pursuant to the Law / Rules and Regulation applicable for entering into the Lease agreement / allotment of land etc. for the Lessor / First party or any other statue applicable herein, this instant Lease agreement has been enter into and as such, the above mentioned Law/ Rules and Regulation will strictly adhere to the both parties of this Lease agreement in all terms. Further, this Lease agreement would be treated as the substitute agreement for the lease agreement, if so entered into earlier between the both parties of this Deed. After execution of this instant agreement, the all earlier agreements/ Deeds, if so executed between the parties, would be considered as invalid and non operational in law for all purposes .\nNOW THIS LEASE AGREEMENT WITNESSETH AS FOLLOWS:\nIn consideration of the rent here-in-after reserved and of the Lessee/ Second Party ’s covenants and the conditions to be performed and observed by him as here-in-after contained, the Lessor/ First Party do hereby demise the property described in the schedule by way of lease unto the Lessee/ Second Party for the purpose of manufacturing /processing/servicing/repairing/………….. in his venture under the name and style of M/s ………………………………and having SSI Registration /IEM No…………..dated ……….for a period of 10 (ten) years from the date of execution of this Lease Deed. The gestation period will be 6 (six) months from the date of execution of this lease deed for shed and 18 months for open space ; the gestation period will be extendable by another 6 months in both the cases subject to the satisfaction to the Lessor/ First party, within which time the unit should go into commercial production failing which the allotment will automatically stand cancelled.\nThe Lessee/ Second Party undertakes to pay rent to the Lessor/ First Party in respect of the demised property regularly at a monthly rate of Rs. …………..(Rupees …………………………………………….) only per sq.ft per month for shed and Rs…………. (Rupees……………………………….) only per square feet per month for open space. The rent for each month shall be paid on or before the seventh day of the subsequent English month. The Lessee/ Second Party also undertakes to pay rent at revised rates to be fixed by the Lessor/ First Party from time to time.\nThe L","cbCaifYOIwqft9g2","https://ap.wps.com/l/cbCaifYOIwqft9g2","docx",29500,7,"English","en",105,"# Lease Parties and Background\n# Lease Term, Purpose, and Gestation Period\n# Rent, Service Charges, and Default Interest\n# Mortgage, Bank Rights, and Loan Conditions\n# Remedies and Resumption of Possession","[{\"question\":\"What is the lease period and how is it calculated?\",\"answer\":\"The lease is for a period of 10 (ten) years from the date of execution of the lease deed.\"},{\"question\":\"What are the gestation periods for a shed and for open space?\",\"answer\":\"The gestation period is 6 (six) months for a shed and 18 months for open space, extendable by another 6 months in both cases subject to the lessor’s satisfaction.\"},{\"question\":\"What happens if the lessee fails to pay rent and other dues on time?\",\"answer\":\"Late payment leads to recovery with interest charged at 18% per annum for the default period, and the corporation may resort to legal recourse and resume possession, requiring the lessee to vacate within the notice period.\"}]","Annexure F - Draft Lease Agreement for Shed | DOCX",1788254338,3,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":14,"keywords":34,"description":15,"schema_data":35,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":28},"annexure-f-draft-lease-agreement-for-shed","",{"@graph":36,"@context":86},[37,53,69],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,50],{"item":41,"name":42,"@type":43,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/template/","Template",2,{"item":49,"name":13,"@type":43,"position":29},"https://docshare.wps.com/template/letters/",{"item":51,"name":14,"@type":43,"position":52},"https://docshare.wps.com/template/annexure-f-draft-lease-agreement-for-shed/169412/",4,{"url":51,"name":14,"@type":54,"author":55,"headline":14,"publisher":57,"fileFormat":60,"inLanguage":23,"description":15,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-05","2026-09-01",true,{"@type":65,"interactionType":66,"userInteractionCount":68},"InteractionCounter",{"@type":67},"ViewAction",6,{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What is the lease period and how is it calculated?","Question",{"text":76,"@type":77},"The lease is for a period of 10 (ten) years from the date of execution of the lease deed.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"What are the gestation periods for a shed and for open space?",{"text":81,"@type":77},"The gestation period is 6 (six) months for a shed and 18 months for open space, extendable by another 6 months in both cases subject to the lessor’s satisfaction.",{"name":83,"@type":74,"acceptedAnswer":84},"What happens if the lessee fails to pay rent and other dues on time?",{"text":85,"@type":77},"Late payment leads to recovery with interest charged at 18% per annum for the default period, and the corporation may resort to legal recourse and resume possession, requiring the lessee to vacate within the notice period.","https://schema.org",{"og:url":51,"og:type":88,"og:title":14,"og:site_name":58,"og:description":15},"article",{"robots":90,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":93},[94,99,104,109,114,119,124,127,132],{"id":95,"doc_module":11,"doc_module_name":46,"category_name":96,"show_sort_weight":97,"slug":98},11,"Presentations",90,"presentations",{"id":100,"doc_module":11,"doc_module_name":46,"category_name":101,"show_sort_weight":102,"slug":103},12,"Resumes",80,"resumes",{"id":105,"doc_module":11,"doc_module_name":46,"category_name":106,"show_sort_weight":107,"slug":108},14,"Invoices",70,"invoices",{"id":110,"doc_module":11,"doc_module_name":46,"category_name":111,"show_sort_weight":112,"slug":113},15,"Posters",60,"posters",{"id":115,"doc_module":11,"doc_module_name":46,"category_name":116,"show_sort_weight":117,"slug":118},16,"Social Media",50,"social-media",{"id":120,"doc_module":11,"doc_module_name":46,"category_name":121,"show_sort_weight":122,"slug":123},17,"Forms",40,"forms",{"id":12,"doc_module":11,"doc_module_name":46,"category_name":13,"show_sort_weight":125,"slug":126},30,"letters",{"id":128,"doc_module":11,"doc_module_name":46,"category_name":129,"show_sort_weight":130,"slug":131},21,"Paper Templates",5,"papers-templates",{"id":133,"doc_module":11,"doc_module_name":46,"category_name":134,"show_sort_weight":4,"slug":135},158,"General","general-158"]