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entitled to right of termination of this Agreement. Further, by giving a one (01) month oral
and/or written notice, Owner is entitled to revise and/or change and/or increase the Monthly
Compensation Fee and Security Deposit unilaterally and/or without consent of the Paying-
Guest.
4. Notwithstanding any provisions of this Agreement and in all the circumstances
including the circumstances wherein the Owner is compelled to terminate the present
Agreement, the Paying-Guest shall be bound and liable to pay to the Licensor the monthly
compensation fee and all other applicable amounts as recorded in this Agreement, irrespective
of the fact whether the Paying-Guest has used the said bed or not. Further, Monthly
Compensation Fee for any month shall not be adjusted with the security deposit as mentioned
in Clause Five (5) for any delay in payment of the monthly compensation fee and/or otherwise
till the expiration of the term or early determination of this Agreement.
5. In addition to the said monthly compensation fees, the Paying-Guest shall on or before
execution hereof deposit a sum of Rs. 5000/- (Rupees Five Thousand only) with the Owner as
interest free Security deposit for due observance and performance of the terms, conditions,
provisions and covenants of this Agreement by the Paying-Guest. The said security deposit will
be returned to the Paying-Guest without interest and after deducting amount of arrears of
Compensation fees, electricity charges, water charges, telephone charges, maintenance charges,
mobile charges etc. and/or otherwise and all other amounts payable by the Paying-Guest under
this Agreement on expiry of this Agreement by efflux of time or on earlier determination of the
Agreement hereby granted.
6. The Paying-Guest hereby covenants with the Owner as follows:
(i) To pay regularly and punctually as provided hereinabove the Monthly
Compensation fee and other amounts payable by it to the Owner and in respect of the said
bed.
(ii) To use in a prudent manner the said room for the purpose of studying, resting
and sleeping only and for no other purpose whatsoever. The Paying-Guest shall not carry on
any illegal activities in the said Flat and Society Common Area. To use the said bed
continuously and regularly as “bed” during all the term of the said bed and this covenant is a
condition precedent of this Agreement.
(iii) Not to damage any of the walls, partitions walls, flooring and ceiling of the said
flat or any of the Owner’s fixtures, fittings and articles therein and to keep the same in good
order and condition.
(iv) Not to smoke any tobacco product, hookah, use of any alcoholic drink for
consumption and any contraband which had been declared illegal by law and/or not even to
have possession of abovementioned, in the said flat.
(v) Not to disturb the other Paying-Guest of the said room by making and/or
creating nuisance, by talking on the mobile phone, by fighting and/or any other behavior
which disturbs the other occupants of the said room. And further not to bring any individual
and/or group of persons in the said flat.