We refer to your letter dated 25 August 2015 (“Letter”) and hereby refer to the lease agreement that you have signedon the 28th January 2014 (“Lease”). This Lease contains, among other things, the new rental rate in Clause 2 and the adjustment rate for utilities in Clause 6. The Building Management has complied with all terms prescribed in this Lease and reiterates that the building in which the leased premise is located is properly maintained and we have an engineer stationed there to ensure its proper maintenance. Therefore, we are not in breach of whatsoever you claimed in the Letter.
Please note that you are bound by the Lease to pay the rent and the electricity charge to us. However, it appears that you have not yet done since July 2015 for the rent in the amount of Baht 123,480.00 and since June 2015 for the electricity charge in the amount of Baht 36,380.00, totaled Baht 159,860.00 That is a clear breach and default of the Lease in which the Building Management in entitled to – and at its own discretion- terminate with immediate effect according to Clause 7.1.
The Lease clearly states that the rent will increase on April 1st 2014 and the electricity charge will be increased by informing you in advance. Please be reminded that your default in paying the rent and the electricity charge or your breach of any provision of the Lease can result in the Lease termination and the default in any payment is also subject to the finance charge of 1.25% per month until you fully pay, as at 15 September 2015, the finance charge for the overdue rent and electricity charge is Baht 2,789.36.
Therefore, please pay all amounts overdue as specified above to us by 30th September 2015 unless otherwise, the Building Management has the discretion to terminate the Lease according to Clause xxxx.
Thank you in advance for your understanding and cooperation.