Any such interruptions shall never relieve the LESSEE from carrying out his obligations under the AGREEMENT, including the timely and full payment of rent.
14) If the LESSEE desires to renew the LEASE hereunder for another period, the LESSEE shall notify the LESSOR in a written consent of its desire to renew the LEASE by not less than 90 days before the expiry date of this AGREEMENT.
Terms and conditions of the renewal period shall be the same as stipulated herein, except for the rental rates that shall be renegotiated and fixed based upon the mutual consultation.
14.1 That upon payment of rent by the LESSEE, a receipt shall be given to the
LESSEE for such payment.
14.2 To keep the PREMISES, its utilities, appliances, and all communal facilities as
supplied by the LESSOR in good repair and working order, except those occasioned by or required as a result of the gross negligence or wanton misconduct of LESSEE, or his followers.
14.3 To pay all land taxes as well as any other form of tax levied against said
PREMISES, excluding all other taxes due upon displaying the LESSEE’s
company name and/or logo on the leased building within the PREMISES
which is the LESSEE’s responsibility.
15) The LESSEE agrees to permit the LESSOR or his agent to enter upon and into the said PREMISES for inspection, and during the last 120 days of this AGREEMENT to permit the LESSOR to show the PREMISES to prospective tenants. It is understood that these inspections and viewings will be made at reasonable time in a reasonable manner agreed to by the LESSEE.
16) In case of the LESSEE has caused breach of any clause of this AGREEMENT, or the LESSEE has been legally bankrupt, or is under any compromise, or his properties detained or held for auction by order of the court or by mutual agreement between him and his creditor, the LESSEE agrees that if the breach shall continue for (15) fifteen days after written consent by LESSEE this AGREEMENT shall terminate without the LESSOR’s prior notice.
17) Upon the expiration of the term hereof or the termination of this AGREEMENT, if the LESSEE does not remove equipments, structures or any other belonging from the PREMISES, The LESSEE agrees that the LESSOR can re-possess the PREMISES by replacing them under lock and key or for the purposes of re-letting. The LESSEE has no right to make any claim or request for any compensation whatsoever. If the LESSEE fails to pay his due rent or any other expense under this AGREEMENT, the LESSOR has the right to hold or dispose of the LESSEE’s properties in the PREMISES for the whole or partial settlement of the LESSEE’s debts. The LESSEE has no right to bring charge against the LESSOR in any court of law whether civil or criminal.
18) In the event that the LESSEE terminates the LEASE earlier than the termination of the LEASE specified in Clause 4), or the LESSEE fails to comply with any terms or conditions stipulated herein this AGREEMENT, this LEASE shall be terminated, unless otherwise agreed between the parties hereto the money deposited in Clause 5.1 and the advance rent in Clause 5.2 shall be forfeited to the LESSOR and no defense or claim of whatever shall be set against the LESSOR. Besides, the LESSOR is entitled to claim compensation for any damage arising from the LESSEE’s breach of AGREEMENT. In the event that the LESSOR is in default or in breach of any clause this AGREEMENT, which entitles the LESSEE to terminate this AGREEMENT.
19) The LESSOR agrees not to terminate this AGREEMENT throughout the period of this AGREEMENT unless the LESSEE is in substantial default, or in substantial breach of any clause of this AGREEMENT including the rental payment default, which entitles LESSOR to terminate this AGREEMENT and the LESSEE shall compensate the LESSOR for the loss of future payment equal to the payment of one year’s rent at the rate applicable to the 6 months period following termination by the LESSOR under this Article.
20) In the event the PREMISES are destroyed or made untenable by Acts of God, Fire, Insurrection, War or other causes beyond control, this LEASE shall be terminated and the AGREEMENT shall be expired without any liability by either party on the effective date of such termination.
21) This AGREEMENT is governed by and shall be construed in accordance with the Laws of Thailand in all matters not specifically mentioned herein.