Rescission Of A Contract By A Deed
THIS AGREEMENT is made on the ____ day of ____
BETWEEN
M/s_______________________with their offices at __________________________hereinafter referred to as "First Party" (which expression shall, unless
the context otherwise needs, including its heirs and allowed assignees) of the
ONE PART;
AND
M/s _____________________ having their offices at_____________ hereinafter referred to as "Second Party" (which expression
shall, unless the context otherwise needs, including its heirs and allowed
assignees) of the OTHER PART;
WHEREAS by an agreement made on the ____ day of _____ between
the parties, it was consented that the First Party would be sharing its office premises
with facilities with the Second Party on terms/conditions stated therein.
AND WHEREAS the First Party suggested to the Second Party that the above stated
agreement be rescinded and the parties be released from the performance their
respective parts of the contract under the said covenant and the Second Party
accepted the said suggestion and consented to rescind the above stated
covenants;
NOW THESE PRESENTS WITNESS AS UNDER:
1. That per aforesaid agreement the parties hereby consent and declare that the
above stated agreement dated the _________ day of ________ be rescinded.
2. That each party hereby relinquishes from the obligation to perform its part
of the contract under the aforesaid agreement.
3. That this agreement shall bind both the parties.
IN WITNESS WHERE OF, the parties hereto have signed and executed this Agreement
on the day, month and year first above written.
SIGNED AND HANDED OVER by the
First Party
SIGNED AND HADED OVER by the
Second Party
WITNESSES:
1.
2.
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