SUPPLEMENTARY RENT AGREEMENT TO THE MAIN RENT AGREEMENT SIGNED ON 24th April 2009 BETWEEN THE FIRST PARTY AND THE SECOND PARTY IN RESPECT OF FLAT NO. 504 IN THE GREENWOODS GOVT. OFFICERS WELFARE SOCIETY PHASE II, OMEGA SECTOR, GREATER NOIDA, U.P.
WHEREAS on account of the reported problem of sudden drop in the number of expected hostel admissions by the Second Party due to delay in admissions this year in the colleges of Uttar Pradesh, the Second Party has given a month’s notice dated 28th September 2009 for surrender of the tenancy of the flat.
AND WHEREAS considering it to be a temporary passing phase and expected overall improvement in the situation from the next academic year, the Second Party has subsequently approached the Lessors (the First Party) of the flat, within the period of one month notice, with a request to accommodate it in terms of rent to be paid till the likely period of improvement in the situation.
AND WHEREAS as a result of this reported development by the Second Party, the Lessors of the flat have had further discussions with the Second Party and have appreciated the difficulties faced by the Second Party and expressed their willingness to address the temporary concerns of the Second Party.
AND WHEREAS the second party during mutual discussions has assured the Lessors that the current development is a temporary phenomenon due to delay in admissions this year and the situation would improve from the next academic year.