Failure to Execute the Lease and Service Agreements
The Lessor and the Lessee agree that this Offer Letter shall be deemed invalid, and the Reservation Deposit of 1 month’ Rent and Service Fee shall be non-refundable, if the Lessee fails to execute the Lessor's Standard Lease and Service Agreements within 1 month after signing this Offer Letter or before the date notified by the Lessor whichever is the later date.