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Land Lease Agreement is a legal document written between a lessor and a lessee. This file declares that it is a sample document for reference purposes only and should not be used as a model. However, if your purpose is quite to fit into the purposes mentioned in the file, you can download the file and verify it to be yours.

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PPP in Infrastructure Resource Center for Contracts, Laws and Regulations (PPPIRC) Reviewed: Mark M. Moseley, LEGPS
http://www.worldbank.org/ppp September 2007
15. Assignment. Lessee shall have the right to conditionally assign or transfer the Site in
whole or in part in accordance with the PPA without Lessor’s consent. Lessor may
assign or conditionally assign its interest in this Lease Agreement PROVIDED THAT
the assignee assumes in writing all of Lessor's obligations and liabilities under this
Lease Agreement. Lessee may inform Lessor of any assignment or transfer of the Site
it enters into and may request from the Lessor an acknowledgement of such
assignment or transfer.
16. Termination by Lessee. Lessee has the right to terminate this Lease Agreement,
upon written notice to Lessor, without penalty, under the following circumstances:
16.1. If the PPA is terminated or does not become effective.
16.2. Any breach by Lessor of any of its material obligations, representations under
this Lease Agreement or the PPA and Lessor has failed to take appropriate
measures to rectify this breach within 60 days after receiving written notices of
the breaches from Lessee.
16.3. Lessor has exercised its right to terminate the PPA.
16.4. Lessor shall return to Lessee any prepaid rental if Lessee terminates this Lease
Agreement for reasons set forth in this Article 16.
17. Termination by Lessor. Lessor shall have the right to terminate this Lease
Agreement under the following circumstances:
17.1. Any breach by the Lessee of any of its material obligations, representations
under this Lease Agreement or the PPA and Lessee has failed to take
appropriate measures to rectify this breach within 60 days after receiving
written notices of the breaches from Lessor.
17.2. Failure of the Lessee to use or take possession of the Site for 90 continuous
days.
18. Registration of the Lease. The parties shall, to the extent required by law and
practice, properly register this Lease Agreement with the relevant Land Registry Office,
and any other relevant government office that may serve as a place for registering or
recording leases, within 45 days from the date that this Lease Agreement is executed.
19. Force Majeure. An Event of Force Majeure, as defined in the PPA, shall have the
same effect in relation to this Lease Agreement as provided in the PPA.
20. Partial Invalidity. If any term of this Lease Agreement shall be invalid or
unenforceable, the remainder shall be valid as written to the fullest extent permitted by
law.
21. Governing Law. This Lease Agreement shall be interpreted and governed by the
laws of [country].
22. Entire Agreement. This document contains the entire agreement of the parties and
supersedes all previous communications, representations and agreements, whether
oral or written, with respect to the Site. This Lease Agreement may not be modified
except in writing signed and acknowledged by both parties.
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