Agreement for Variation to Lease (Commercial/Retail) - AUQLDRECM058

Additions / Changes:

SIGNING

(2)

Immediately after expiration of the Variation Period (which includes ‘a reasonable recovery period’), rent will recommence at the Current Rent or at such other rent as may have been agreed to in the Lease and applicable to the period immediately after the Variation Period.

Additions / Changes:

VARIATION

Rent Variation details:

Reduced rent: $………………………… per     __ Week     __ Fortnight     __  Month

Variation Period: Commencing on …… / …… / …… and ending on …… / …… / …… inclusive.

Rent Monies to be Repaid:     __ Yes     __ No         Amount: $ ……………… (unpaid monies)

Where ‘Yes’ is selected, see attached Repayment Agreement.

IMPORTANT: Where the Landlord receives a waiver on land tax in respect of the COVID-19 pandemic, the value of such relief MUST be passed on to the Tenant and CANNOT be recouped from the Tenant by the Landlord.

Additions / Changes:

SIGNING

(2)

Immediately after expiration of the Variation Period (which includes ‘a reasonable recovery period’), rent will recommence at the Current Rent or at such other rent as may have been agreed to in the Lease and applicable to the period immediately after the Variation Period.