of the lease rent fil thw lease ront shall be payable by account payee Ct Owe of nyt, Bina Th nd for 25% of the vel month av already mentioned above ues, fe in favour of Shri Kunal ©) That the Lonsee shall deduct TDS and pay the balance amount to the Lessors, on or before tho Bil day of every rental month in advance 4) The Lessee shall (furnish the “DS” certificate (s) to the Lessors from time to time and at ir intervals, In ease the Lessee fails to furnish the TDS Certificate(s), the Lessor shall bo entitled to demand the amount deducted as TDS from the Lessee alongwith interest @ % pa, trom the date of deduct urther, any penalty for improper deduction/non- deduetion/ non-dleposit of TDS shall be borne exclusively by the Lessee. ©) That nv case any lockdown is imposed by any State or Central Government or business activities are curbed by promulgation of any authority during the term of this Lease, both the parties shall mutually decide on the terms of payment of rent for such period of curbs or lockdown, 4. SECURITY DEPOSIT: The Lessee has deposited a sum of Rs.8,25,000/- (Rupees Fight Lakhs Twenty Five Thousand Only), equivalent to Three Months’ initial lease rent as refundable interest-free security deposit with the Lessors prior to signing this Lease Agreement, in the following manner:- (a) Rs.5i (b) Rs. 0,000/- vide Bank Transfer dated 13/06/2023, Ref. No.728774612 & ,000/- vide Bank Transfer dated 19/06/2023, Ref. No.729621958 the ro befor of which the Lessors admit at the time of presentation of this Lease Agreement iub-Registrar-II-A, New Delhi, 5, REFUND OF SECURITY DEPOSIT AND UNADJUSTED ADVANCE RENT: Sateen 4) The Lessors shall refund to the Lessee the entire security deposit, without any interest, in one lump-sum at the time the Lessee offers to vacate and hand over the vacant and peaceful possession of the said premises on expiry of lease/Termination of Lease Agreement. (Subject to deduction of dues towards unpaid rent, arrears of electricity and water). b) The Lessee shall vacate the said premises and remove all its belongings from the demised premises within 7 (seven working days) upon expiry of the term of the lease (hereinafter called the grace period), without demur, paying the proportionate normal payable rent at that time for the said grace period. However, the Lessee shall be liable to pay liquidated damages @ Rs,25,000/- (Rs. Twenty Five Thousand Only) per day apart from the normal Jease rent for each day the Lessee overstays the said grace period. yo _*