EXHIBIT 10 - MATERIAL CONTRACT: TENANCY AGREEMENT
Dated the 3rd day of June, 0000
XXXXXXXXXXX XXXXXXX
and
MEASUREMENT LIMITED
TENANCY AGREEMENT
in respect of
All Those Units A to B on the 12th Floor of
Wo Kee Hong Building Xxxx Xxxxx New
Territories for a term of Two Years.
THIS AGREEMENT is made the 3rd day of June, one thousand nine hundred and ninety
six BETWEEN the parties more particularly described and set out in the First
Schedule hereto.
WHEREBY IT IS AGREED as follows:-
1. The Landlord shall let and the Tenant shall take ALL THAT the premises more
particularly described and set out in the Second Schedule hereto (hereinafter
referred to as "the said premises") TOGETHER with (a) a right of way for the
Tenant his servants and agents (in common with the Landlord and all others
having the like right) from time to time to pass and xxxxxx over and along the
entrance halls, staircases and landings erected in thin said building and (b)
the right (in common as aforesaid) to use the lifts installed in the said
building for the purpose of access to and egress from than said premises and (c)
the right for the Tenant his servants and agents (in common as aforesaid) to use
the loading and unloading spaces on the ground floor of the said building for
the loading and unloading of his vehicle or vehicles provided always that the
Tenant shall not park his vehicle or vehicles thereon for such period as may
unreasonably obstruct others in the use of the said loading and unloading spaces
for such loading and unloading purposes and (d) the right for the Tenant (in
common as aforesaid) to use the meter room (if any) on the ground floor of the
said building for the installation of meters only (e) the right for the Tenant
(in common as aforesaid) to use the utility conducting in the said building for
the passage of services to and from the said premises for the term and at the
rent more particularly described and set out in the Third Schedule hereto.
2. The Tenant to the intent that the obligations hereunder shall continue
throughout the said term of tenancy hereby agrees with the Landlord as follows:-
(a) to pay the said rent at the times and in manner aforesaid;
(b) to pay the due proportion each and every calendar month for the management
and general services (including the central cooling and air-conditioning
systems) in respect of the said premises;
(c) to pay the rates which are now or may hereafter during the said period be
imposed by the Government of Hong Kong upon the said premises;
(d) to pay the electricity, gas, water and other utility charges in respect of
the said premises and to make all necessary deposits for the supply of
electricity, gas, water and other utilities to the said premises when required,
and to comply with all requirements of the electricity, gas, water and other
utility authorities or suppliers (including rewiring the said premises if so
required);
(e) to be responsible for any damage caused to the lifts by the Tenant his
servants agents workmen or licensees other than the Landlord or its other
tenants of the said building and where the lifts are damaged to such extent that
the same or any part thereof have to be replaced to pay for the costs of the
replacement;
(f) to pay and discharge all taxes and assessments of an annual or recurring
nature now or hereafter to be assessed, imposed or charged by the Government of
Hong Kong or other lawful authority upon the said premises or upon the owner or
occupier thereof (Crown Rent Property Tax excepted);
(g) to repair and keep in good and substantial repair and condition using
suitable material of good quality all the interior of the said premises and
every part thereof including the flooring and interior plaster and other
finishes or rendering to walls floors and ceilings and the Landlord's fixtures
and fittings therein including all doors windows electrical installations and
wiring sanitary equipments drains and pipes as are situated within the said
premises (save and except for the structural parts of the said premises) in good
clean proper and tenantable repair and condition (fair wear and tear structural
inherent defects damage by fire flood xxxxxxx xxxxx and other risks insured
against by the Landlord excepted) at the expenses of the Tenant and to deliver
up the same to the Landlord at the expiration or sooner determination of the
said term in like state and condition;
(h) to permit the Landlord and all persons authorised by it at all reasonable times
upon prior appointment (except in an emergency) to enter into the said premises
to view the condition thereof and to give or leave notice in writing upon the
said premises for the Tenant of all defects and want of repair there found and
for which the Tenant shall be liable hereunder and within 14 days after every
such notice well and sufficiently to repair and make good such defects and wants
of repair whereof any such notice shall have been so given or left;
(i) not without the previous written consent of the Landlord (such consent not to be
unreasonably withheld) to erect, install or alter any fixtures, partitioning or
other erection or installation in the said premises or any part thereof;
(j) not without the previous written consent of the Landlord (such consent not to be
unreasonably withheld) not to cut, maim or injure or permit or suffer to be cut,
maimed or injured any doors, windows, walls, beams, structural members or any
part of the fabric of the said premises nor any of the plumbing or sanitary
apparatus or installations included therein;
(k) not without the prior written consent of the Landlord to transfer assign
underlet or otherwise part with the possession of the said premises or any part
thereof either by way of subletting lending sharing or other means whereby any
person or persons not party to this Agreement obtains the use or possession of
the said premises or any part thereof irrespective of whether any rental or
other consideration is given for such use or possession and in the event of any
such transfer subletting sharing assignment or parting with the possession of
the said premises (whether for monetary consideration or not) this Agreement
shall at the discretion of the Landlord determine and the Tenant shall forthwith
surrender the said premises to the Landlord;
(l) not do or permit or suffer to be done anything in or upon the said premises or
any part thereof which may at any time be or become a nuisance or annoyance to
the Landlord or the tenants or occupiers of the other portions of the said
building or of the neighbouring premises or which may produce an offensive odour
and to take all such precautions as the Landlord shall reasonably require to
prevent or minimise damage to the said premises from the Tenant's operations;
(m) not to store any unlawful or dangerous or hazardous goods or any explosive or
combustible substance on or in any part of the said premises;
(n) not to use the said premises or any part thereof for any illegal or immoral
purposes or for any purpose which is in contravention of the terms and
conditions contained in the Crown Lease or the Conditions under which the said
premises (inter alia) are held from the Crown;
(o) not to do or cause or permit or suffer to be done anything whereby the insurance
of the said premises or of the said building against fire explosion storm or
tempest may be rendered void or voidable or whereby the premium for such
insurance may be liable to be increased and to indemnify the Landlord against
any such increased or additional premium as shall have been brought about or
caused by his act or default;
(p) not to use the said premises for any purpose other than for factories and/or
godown and ancillary offices purposes and not to carry on any trade or business
thereon which is now or may hereafter be declared to be an offensive trade under
the Public Health and Urban Services Ordinance or any enactment amending the
same or substituted therefor and not to permit or suffer any sale by auction to
be held upon the said premises and not to permit any person to remain in the
premises overnight;
(q) to cushion the machinery placed on or affixed to the said premises and to
restrict the number of workers working or staying in the said premises in
accordance with Government Regulations;
(r) not to store or place any goods machinery or other things on or in any part of
the said premises the load of which exceeds the loading capacity of the said
premises;
(s) not to overload the lifts in the said building in excess of their maximum
capacity;
(t) not to install any furnace, boiler or other plant or equipment in the said
premises or use any fuel that might in any circumstance produce smoke without
first obtaining permission in writing from the Landlord and the Commissioner of
Labour;
(u) not to put or place any dust bins, garbage cans, furniture chattels or refuse or
store any goods or any other things in the common entrance-hall, staircases,
landings, passages, corridors, lifts, lobbies and other common parts of and in
the said building other than in the place designated therefor from time to time
by the Landlord and not to leave any article or thing or obstruction of arty
kind or nature in any part of the said building other than the said premises;
(v) not to permit any vehicles chattels and goods belonging to the Tenant to cause
an obstruction on the loading and unloading spaces on the ground floor of the
said building and to use his reasonable endeavours to ensure that persons doing
business with the Tenant and their servants and workmen shall not permit any
vehicles chattels and goods to cause such obstruction as aforesaid and to use
his reasonable endeavours to ensure that vehicles chattels and goods belonging
to the Tenant or to persons doing business with the Tenant shall observe any
regulations and instructions made or given by the Landlord with regard to the
use of the loading and unloading spaces on the ground floor of the said
building;
(w) not to affix exhibit or paint on any part of the common entrance halls
staircases landings lifts or passages in the said building or in the windows of
the said premises any trade, professional or business signboard notice or
advertisement whatsoever save and except in such space at the staircase entrance
on the ground floor of the said building and/or on the parapet wall outside the
said premises as the Landlord shall designate and approve for such purpose such
designation and approval not to be unreasonably withheld;
(x) not to carry on business of a weaving or dyeing factory, or the business of film
processing or developing, or any business involving the use, manufacture or
storage of foamed rubber which shall include (inter alia) foamed and expended
plastic or nitrocellulose base plastic, polystyrene, polyvinyl chloride or
polypropylene; or the business of adhesive manufacturers, artificial flower
works, asphalt roofing manufacturers, bamboo, cane, willow and rattanware works,
boot, shoe and leather goods makers, camphor works, candle works, confectionery
and sugar boiling works, detergent factories, soap and soap manufacturers, ether
works, fat and tallow boiling works, flocking works, flour xxxxx, ginning,
scotching, and waster cotton works, glass and vaccum [sic] flask works and lens
manufacturers, jute xxxxx, lacquerware manufacturers, match factories, mattress
makers and upholsterers, metallic powder works, paint and varnish works, plastic
goods fabricators, plastic goods manufacturers, saw xxxxx, rubber, foamed
manufacturers, starch factories, toothpick works, wax products manufacturers,
woodworkers, carpenters, joiners and cabinet makers and yeast factories;
(y) not to install any supports or erect any iron brackets on any part of the
exterior walls or the said building for any purpose including the installation
of air-conditioners and if the Tenant wishes to install any air-conditioners he
shall obtain the prior written consent of the Landlord (which consent shall not
be unreasonably withheld) and shall ensure that the air-conditioners are safely
installed without damaging any part of or protruding from the exterior walls or
windows of the said building;
(z) not to fix or erect any venetian blinds or sun blinds of any description to or
on the part of the exterior wall of the said building (other than the interior
of the said premises);
(aa) not to make any openings on any part of the exterior walls of the said building;
(bb) not to alter the position of the Smoke Lobby Doors or to make any additions to
such doors;
(cc) not to erect or hang any wire or aerial wirings from the windows or outside the
exterior walls of the said building;
(dd) not to use or cause or permit the use of the corridors, staircases or other
common passages of the said building for the purpose of drying laundry or
hanging or placing or storing any article or thing thereon or therein and not to
permit the Tenant's employees to use the same for loitering or eating;
(ee) not to use the roof or any part thereof of the said building;
(ff) to observe and perform all regulations imposed by any Department of Government
in relation to or in respect of the carrying on of a factory or a godown or of
the trade or business on the said premises;
(gg) to be wholly responsible for any loss, damage or injury caused to any person
whomsoever directly or indirectly through the defective or damaged condition of
any part of the interior of the said premises the repair of which is the
Tenant's liability hereunder and to make good the same by payment or otherwise
and to indemnify the Landlord against all actions proceedings, claims and
demands made upon the Landlord in respect of any such loss, damage or injury and
all costs and expenses incidental thereto;
(hh) to use the A/C Plant Room (if any) in the said premises for and in connection
with air-conditioning purpose only;
(ii) to pay to the Landlord on demand all costs incurred by the Landlord in cleansing
or clearing any of the drains, pipes or sanitary or plumbing apparatus choked or
stopped up owing to the careless or improper use or neglect by the Tenant or any
employee, agent or licensee or workmen of the Tenant;
(jj) to obey and comply with and to indemnify the Landlord against the breach of all
ordinances, regulations, bye-laws, rules and requirements of any Governmental or
other competent authority relating to the use and occupation of the said
premises or any other act, deed, matter or thing done, permitted, suffered or
omitted therein or thereon by the Tenant or any employee, agent or licensee of
the Tenant;
(kk) to take all precautions to protect the interior of the said premises including
the windows and glass thereof against damage by storm or typhoon or the like;
(ll) quietly to yield up the said premises together with all fixtures fittings and
additions therein and thereto at the expiration or sooner determination of this
tenancy in good clean and tenantable repair and condition fair wear and tear
structural inherent defects damage by fire flood xxxxxxx xxxxx and other risks
insured against by the Landlord excepted in accordance with the stipulations
herein contained, provided that where the Tenant has made any alterations or
installed any fixtures or additions to the said premises with or without the
Landlord's written consent, and whether pursuant to the terms of any previous
tenancy agreement with the Landlord or its predecessor-in-title or at any time
hereafter, the Landlord may, at its discretion, require the Tenant to reinstate,
remove or do away with such alterations, fixtures or additions or such part or
portion thereof as the Landlord may require and make good and repair in a proper
and workmanlike n-xxxxxx any damage to the said premises and the Landlord's
fixtures, fittings and additions as a result thereof before delivering up the
said premises to the Landlord, provided further that the Tenant shall be
entitled to remove its own fixtures and equipment subject to the Tenant making
good all damage to the said premises including damage to the fittings and
decoration within the said premises and the said building caused by such removal
to the satisfaction of the Landlord.
3. The Landlord agrees with the Tenant as follows:-
(a) that the Tenant paying the rent hereby reserved and performing and observing the
agreements by the Tenant herein contained may peaceably hold and enjoy the said
premises during the said period without any interruption by the Landlord or any
person lawfully entitled or claiming through or under it;
(b) to pay the Crown Rent and Property Tax in respect of the said premises.
(c) to use its best endeavours to provide lifts and refuse disposal services at the
said building.
4. PROVIDED ALWAYS and it is mutually agreed as follows:-
(a) that if and whenever any part of the rent hereby reserved shall be in arrear for
15 days (whether the same shall have been formally demanded or not) or if and
whenever there shall be a breach of any of the agreements by the Tenant
hereinbefore contained or if the Tenant shall become bankrupt or have its
Business Registration cancelled or in the case of a limited company shall be
wound up (save for the purpose of amalgamation or reconstruction) or shall enter
into any composition or arrangement with its creditors or shall suffer execution
to be levied upon any of the Tenant's goods or effects the Landlord shall upon
the happening of any such event be entitled to re-enter upon the said premises
or any part thereof in the name of the whole and thereupon this Agreement shall
absolutely determine but without prejudice to any rights which may have accrued
to the Landlord by reason of any antecedent breach of any of the obligations on
the part of the Tenant hereinbefore contained and the deposit paid hereunder
shall be forfeited by the Landlord as and for liquidated damages and net as
penalty but without prejudice to the Landlord's right to claim any further
damages which the Landlord shall have sustained or may sustain. All costs and
expenses incurred by the Landlord shall be paid by the Tenant and shall be
recoverable from him as debt.
(b) a written notice served by the Landlord on the Tenant in manner hereinafter
mentioned to the effect that the Landlord thereby exercises the power of re-
entry herein contained shall be a full and sufficient exercise of such power
without actual physical entry on the part of the Landlord.
(c) Notwithstanding the foregoing, the landlord may in any such event at its option
elect not to terminate this Agreement but to deduct from the deposit the amount
of any monetary loss incurred by the Landlord in consequence of the breach, non-
observance or nonperformance by the Tenant in which event the Tenant shall, as a
condition precedent to the continuation of the tenancy, deposit with the
Landlord the amount so deducted and, if the Tenant shall fail so to do, the
Landlord shall forthwith be entitled to re-enter on the said premises and to
determine this Agreement in which event the deposit may be forfeited to the
Landlord as hereinbefore provided.
(d) acceptance of rent by the Landlord shall not be deemed to operate as a waiver by
the Landlord of any right to proceed against the Tenant in respect of any breach
non-observance or non-performance of the said agreements stipulations terms and
conditions herein contained and on the Tenant's part to be observed and
performed.
(e) The Landlord shall not be under any liability to the Tenant or to any other
person whomsoever in respect of any loss or damage to person or property
sustained by the Tenant or any such other person caused by or through or in any
way owing to the overflow of water or the escape of fumes smoke fire or any
other substance or thing from anywhere within the said building and the Tenant
shall fully and effectually indemnify the Landlord from and against all claims
and demands made against the Landlord by any person in respect of any loss,
damage or injury caused by or through or in any way owing to the overflow of
water or the escape of fumes smoke fire or any other substance or thing from the
said premises owing to the neglect or default of the Tenant his servants,
agents, licensees or workmen or to the defective or damaged condition of the
interior of the said premises for which the Tenant is responsible hereunder and
against all costs and expenses incurred by the Landlord in respect of any such
claim or demand.
(f) the lifts as installed in the said building shall be permitted for use by the
Tenant under the instructions imposed by the Landlord at all reasonable times
only. Should the Tenant fail to observe the instructions as imposed by the
Landlord, he shall not be allowed to use the said lifts. The Tenant shall
indemnify the Landlord for all damage done to the said lifts due to the mis-use
by the Tenant of the said lifts.
(g) all fire-fighting equipment as installed in the said premises shall be and
remain the property of the Landlord and the Tenant shall take due care thereof
and in particular the Tenant shall not allow such equipment to be moved to any
other position.
(h) during the three months immediately preceding the expiration of the term hereby
created, the Landlord shall be at liberty to affix and maintain without
interference upon arty external part of the said premises a notice stating that
the said premises are to be let and such other information in connection
therewith as the Landlord shall reasonably required and the Tenant shall upon
prior notice from the Landlord permit persons with the authority from the
Landlord or its agents at all reasonable times of the day upon prior appointment
to view the said premises or any part thereof.
(i) the Tenant will on the signing of this Agreement pay to the Landlord a sum set
out in the Fourth Schedule hereto by way of deposit for the due performance and
observance of the agreements on the part of the Tenant herein contained. At the
expiration or sooner determination of this Agreement if the Tenant shall have
paid all rent rates and other charges due hereunder and if there shall be no
breach of any of the agreements on the Tenant's part to be observed and
performed the Landlord will repay to the Tenant the said deposit but without any
interest thereon 14 days after the Tenant shall have duly delivered to the
Landlord vacant possession of the said premises but if there shall be any
arrears of rent rates or other outstanding utility charges in connection with
the enjoyment of the said premises the Landlord may apply the said deposit
towards payment of such arrears of rent rates and outstanding charges and if
there shall be any breach of the said agreements or any of them the Landlord
shall pay or apply the said deposit or such part thereof towards remedying such
breach (in so far as this may be possible) and shall only pay the balance (if
any) of the said deposit to the Tenant.
(j) any notice under this Agreement shall be in writing and if to the Tenant shall
be sufficiently served if left addressed to him at the said premises or any part
thereof or sent by registered post to or left at his last known address in Hong
Kong (and if a company to its registered office) and if to the Landlord shall be
sufficiently served if sent to it by registered post or left at its registered
office in Hong Kong.
(k) for the purpose of Part III of the Landlord and Tenant (Consolidation)
Ordinance, Chapter 7, and for the purpose of these presents the rent in respect
of the said premises shall be deemed to be in arrear if not paid in advance at
the time and in the manner hereinbefore stipulated.
(l) the Tenant hereby expressly declares that at the expiration or sooner
determination of this Agreement the Tenant will not invoke or seek to avail
himself of any protection which may or shall hereafter be afforded by any
ordinance or regulation of Hong Kong protecting tenants or lessees from eviction
but will promptly and punctually quit and deliver up possession of the said
premises at the expiration of this Agreement or sooner determination as
aforesaid.
(m) in the event of the said premises or any part thereof at any time during the
said term being damaged or destroyed by fire or by any other cause (not
attributable to the act or default of the Tenant) so as to be unfit for
occupation and use or become subject to a closure order or become inaccessible
to the Tenant then the rent hereby reserved or a fair proportion thereof
according to the nature and extent of the damage sustained shall be suspended
until the said premises shall again be rendered fit for occupation and use or
until the said premises cease to be subject to a closure order or cease to be
inaccessible Provided Always that the Landlord shall not be required to
reinstate the said premises if by reason of their condition or any local
regulations or other circumstances beyond the control of the Landlord it is in
the opinion of the Landlord not economical or practicable or reasonable so to
do. If the Landlord shall not have reinstated the said premises to render it
fit for occupation and use or accessible or cause the closure order to be
removed within three (3) months from the occurrence of the relevant event, the
Tenant or the Landlord shall have the right to terminate this Agreement
forthwith by giving the other party notice in writing. Upon such termination
and upon vacant possession of the said premises being delivered by the Tenant to
the Landlord the deposits paid herein and any rental paid in advance shall be
returned to the Tenant in accordance with Clause 4(i) herein within 14 days
after the date when vacant possession of the said premises have been delivered
back to the Landlord and each party shall release the other from the further
performance and observance of the covenants terms and stipulations herein
without prejudice to either party's right to claim damages against the other for
any prior breach of any of the covenants terms and stipulation herein.
(n) the tenancy hereby created is personal to the Tenant and without in any way
limiting the generality of Clause 2(k) above, the following acts and events
shall, unless with the prior written approval of the Landlord, be deemed to be
breaches of Clause 2(k) above:-
(i) any reconstruction, amalgamation, merger or voluntary liquidation (in the
case the Tenant being a corporation);
(ii) the giving by the Tenant of a Power of Attorney or similar authority whereby the
donee of the Power obtains the right to use, possess, occupy or enjoy the said
premises or any part therefore or does in fact use, possess, occupy or enjoy the
same.
(o) for the purpose of these presents any act default or omission of the agents,
licensees, servants, visitors or customers of the Tenant shall be deemed to be
the act default or omission of the Tenant.
(p) The Landlord shall be entitled to treat nonpayment of management fee and rates
(if any) and any other payment payable by the Tenant hereunder or any part
thereof in all respects as non-payment of rent under this Agreement.
(q) unless the context otherwise requires, words herein importing the masculine
gender shall include the feminine and neuter gender and words herein in the
singular shall include the plural and vice versa.
5.(a) The Landlord shall be at liberty to make such rules and regulations
as it shall reasonably deem fit for the management of the Building including but
not limiting to the common area, common facilities, loading and unloading spaces
and lifts. A copy of the House Rules or any amendment thereto once posted on
the notice board of the Building shall take effect immediately (unless otherwise
stated therein) and the same shall be deemed to have been sufficiently served to
the Tenant, notwithstanding Clause 40) hereof. If there is any discrepancy
between such rules and regulations and this Agreement the provisions of this
Agreement shall prevail.
(b) The Landlord shall also be at liberty to enter into a Deed of Mutual Covenant
(if the same has not done previously) with any co-owner or such other person
having an interest in the Xxxx Xxxxx Town Lot No. 366 and the Building in such
manner and in form as it shall deem fit provided that the Tenant's rights
hereunder shall not be impeded.
6. The Tenant hereby declares that the Tenant has not paid to the Landlord either
directly or indirectly any construction or key money premium or other
consideration of a similar nature for securing the tenancy hereby created.
7. The Tenant shall not be entitled to make any claim whatsoever against the
Landlord in respect of any cessation or failure whether total or partial of the
lifts and central cooling and air-conditioning system of the said building and
the fire equipment in the said premises whether such cessation or failure is due
to the act neglect or default of the Landlord or not.
8. The Landlord hereby agrees that the Tenant shall have the right to redecorate or
renovate the said premises subject to the following terms and conditions:-
(a) the Tenant shall at its own costs prepare and submit to the Landlord for
approval suitable drawings and specifications of the works proposed to be
carried out by the Tenant (hereinafter called "the Tenant's Work") together with
schematic sketches illustrating the design and layout proposal of such proposed
works (hereinafter collectively called "the Tenant's Plans").
(b) the Landlord will consider the Tenant's Plans and may accept or reject the
Tenant's Plans or require modification thereof or any part of them as it thinks
fit within 14 days from the date of submission of the Tenant's Plans to the
Landlord PROVIDED that the acceptance of the Tenant's Plans shall not be
unreasonably withheld and that the Tenant's Plans shall not be unreasonably
required to be modified.
(c) the Tenant shall have the sole responsibility for compliance with all applicable
statutes, codes, ordinances, and other regulations for all work performed by or
on behalf of the Tenant on the said premises, the approval of plans,
specifications, calculations or of the Tenant's Work shall not constitute any
implication, representation or certification by the Landlord that the said
improvements are in compliance with the said statutes, codes, ordinances and
other regulations.
(d) the Tenant shall obey and cause his servants agents contractors and workmen to
obey and comply with all instructions and directions which may be given in
connection with the carrying out of such work by the Landlord or its agents or
servants.
9. Each party hereto shall pay its own solicitor's costs and expenses incurred in
relation to the negotiation, preparation and execution of this Agreement. The
Stamp Duty payable thereon shall be borne and paid by the parties hereto
equally.
THE FIRST SCHEDULE ABOVE REFERRED TO (NAMES ADDRESSES AND DESCRIPTION OF PARTIES HERETO)
Landlord : STONEYCROFT ESTATES LIMITED whose registered office is situate at
0xx Xxxxx, Xxxx Yew Building, 00-00 Xxxxx'x Xxxx Xxxxxxx, Xxxx Xxxx.
Tenant: MEASUREMENT LIMITED whose office is situate at Xxxxx X-X, 00xx Xxxxx,
Xx Xxx Xxxx Xxxxxxxx, 000-000 Xxxxxx Xxxx Xxxx, Xxxx Xxxxx, Xxx Xxxxxxxxxxx.
THE SECOND SCHEDULE ABOVE REFERRED TO (DESCRIPTION OF SAID PREMISES)
ALL THOSE UNITS A to B on the TWELFTH FLOOR of WO KEE HONG BUILDING Xxxx Xxxxx
New Territories erected on All That piece or parcel of ground registered in the
District Land Office Xxxx Xxxxx as Xxxx Xxxxx Town Lot No. 366 which portion is
shown colored Pink on the Floor Plan hereto annexed for the purpose of
identification only.
THE THIRD SCHEDULE ABOVE REFERRED TO (TERM OF LETTING, RENT, ETC.)
For the term of TWO YEARS commencing on the 2nd day of May 1996 to the 1st day
of May 1998 at the rent of DOLLARS FIFTY ONE THOUSAND FIVE HUNDRED FORTY SEVEN
AND CENTS FIFTY ONLY ($51,547.50) Hong Kong Currency per calendar month
(exclusive of rates, management and general services and maintenance charges)
payable in advance on the 1st day of each and every calendar month during the
said term without any deduction.
THE FOURTH SCHEDULE ABOVE REFERRED TO (DEPOSIT)
DOLLARS ONE HUNDRED THREE THOUSAND NINETY FIVE ONLY ($103,095.00) Hong Kong
Currency.
IN WITNESS whereof the parties hereto have hereunto set their hands the date
first above written.
