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4) The Licensee shall pay the monthly compensation mutually agreed and
fixed at Rs.15,000/- (Rupees Fifteen Thousand Only ) for period 1 st Feb
2015 to 31st Jan 2016 towards the use and occupation in respect of the
said premises on or before the 30th of each calendar month.
5) That the Licensee shall not use and occupy the said room premises for the
purpose other than he is hereby allowed and permitted and also the
Licensee shall not use the said premises for any unlawful act and
purposes.
6) That the Licensee shall not claim any right and interest whatsoever by way
of tenancy or sub-tenancy in respect of the said premises and /or any part
and portion thereof and he the Licensee shall only use and occupy the
same as a Licensee for the said purpose for the period mentioned herein
and /or at the will of the Licensor.
7) That the Licensee shall not change the user of said premises by raising
high and extending the size of said premises and he shall not cause any
nuisances and noise at the said premises which may disturb the peaceful
living of the neighbouring people.
8) That the Licensee shall not detain and / or with him the possession of the
said room premises even or a day at the expiry of this agreement and in
case of such detention the Licensee shall be liable for all that loss and
damages thereby caused to the Licensor
9) It is also agreed by and between the parties that either of the parties shall
have right to terminate the agreement by giving Two Months Notice in
oral/writing to the other party.
IN WITNESS WHERE OF the parties hereto have hereunto set and
subscribed their respective hands and signs the day and year first
hereinabove written
SIGNED SEALED AND DELIVERED by the within named Licensor
MR. MAHESH L RAMPALLI
In the presence of
Witness :
1.
2.
SIGNED SEALED AND DELIVERE by the
Within named Licensee
MR. KIRAN P.
In the presence of
Witness
1.
2.
RECEIPT
RECEIVED of and from by the within named the Licensee MR. KIRAN .P ,the
sum of Rs. 75,000/- (Rupees One Lakh Only) being the Security Deposit
without interest in the aforesaid terms in presence of the following witness
I SAY RECEIVED
Rs. 75,000/Licensor
Mr.MAHESH L RAMPALLI.