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Title of respect or honor
- Agha is a title of respect or honor used in various parts of the Middle-East and Central Asia, specifically in Turkey, Iran, Afghanistan, and Pakistan. It is often used to refer to a high-ranking officer, nobleman, or a civilian or military officer.
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Looking for online definition of AGHA or what AGHA stands for? AGHA is listed in the World's most authoritative dictionary of abbreviations and acronyms.
- Introduction
- What Is An Aga?
- How Long Does It Last?
- Points Tenant Should Consider When Negotiating Terms of A Lease
- Points For Tenants to Consider on An Assignment
- Conclusion
There is a common misconception that selling a commercial lease will relieve the seller of liability for rent and other obligations under the lease. However, if you are entering into a lease of a commercial property it is likely that the lease will include provision that the outgoing tenant enters into an Authorised Guarantee Agreement or "AGA" if ...
An AGA is an agreement which places an obligation on an outgoing tenant to guarantee the performance by the new tenant or "Assignee" of the tenant covenants contained in the lease. If the Assignee fails to perform the tenant covenants in the lease (which include payment of rents and repair obligations) the AGA allows the landlord to pursue the outg...
It is usual that an AGA lasts from the date the outgoing tenant sells their interest in the lease to the Assignee until that Assignee has validly disposed of their interest in the lease to a third party or until the term of the lease comes to an end (whichever is sooner). Depending on the strength of the tenant's negotiating position a tenant may s...
The Code for Leasing Business Premises in England and Wales 2007 provides that an AGA should only be required by the landlord if the Assignee is of lower financial standing than the outgoing tenant or if the Assignee is registered or resident overseas. It is suggested that for smaller tenants a landlord should accept a rent deposit from the Assigne...
Under statute, an AGA is void if it seeks to impose any further liability on the outgoing tenant than that contained in the lease. As outlined above, depending on the wording of the lease and the financial standing of the Assignee the tenant may seek to persuade the landlord to dispense with the requirement for an AGA or to impose a time limit on t...
AGAs are commonplace in leases of commercial property but it is important that tenants understand the implications of them when the lease is initially granted and on any subsequent assignment.
The Aga Range Cooker is a Swedish range cooker. Invented and initially produced in Sweden, since 1957 most production has been located in the UK. In 2015, the British AGA Cooker manufacturing company, AGA Rangemaster Group, was acquired by the American corporation Middleby. [1]
- AGA Rangemaster Limited
3 definitions of AGHA. Meaning of AGHA. What does AGHA stand for? AGHA abbreviation. Define AGHA at AcronymFinder.com
Agha is a title of respect or honor used in various parts of the Middle-East and Central Asia, specifically in Turkey, Iran, Afghanistan, and Pakistan. It is often used to refer to a high-ranking officer, nobleman, or a civilian or military officer.
Oct 14, 2021 · What is an Authorised Guarantee Agreement (AGA)? When a commercial lease is assigned (transferred) to a third party the outgoing tenant will no longer be the 'tenant' under the lease and may expect to have no continuing liability for the property.
What does AGHA abbreviation stand for? Explore the list of 8 best AGHA meaning forms based on popularity. Most common AGHA abbreviation full forms updated in August 2018.
