Deed of surrender (tenant in administration)
Deed of surrender (tenant in administration)

The following Restructuring & Insolvency guidance note provides comprehensive and up to date legal information covering:

  • Deed of surrender (tenant in administration)
  • Parties

Date [insert date of surrender]

Parties

  1. 1

    [insert name of Landlord] [of [insert address] OR incorporated in England and Wales with company registration number [insert company registration number] whose registered office address is at [insert address]] (the 'Landlord');

  1. 2

    [insert name of company in administration] (in administration) incorporated in England and Wales with company registration number [insert company registration number] whose registered office is situated at [insert registered address of company] acting by its [joint] administrator[s] (the ‘Tenant’);

  1. 3

    [insert name of administrator], (Insolvency Practitioner) of [insert name and address of administrator’s company] [and [insert name of second administrator] (Insolvency Practitioner) of [insert name and address of administrator’s company]] ([together,] the ‘Administrator[s]’);

  1. 4

    [[insert name of Guarantor] of [insert address] [incorporated in England and Wales with company registration number [insert company registration number]] (the 'Guarantor');]

  1. 5

    [[insert name of Mortgagee] of [insert address] [incorporated in England and Wales with company registration number [insert company registration number]] (the 'Mortgagee').]

  1. 1

    Definitions

  2. In this Deed the following definitions apply:

    [Guarantor

    1. shall mean the third-named party to this Deed or any other person who has entered into a guarantee of the Tenant’s covenants and