. to pay Baht 27,500.00 (Twenty Seven Thousand Five Hundred Baht Only) for space rent in advance upon entering the Said Premises and to pay the subsequent months rent on or before the 5th days of each month commencing.
2. to pay the sum of Baht 55,000.00 (Fifty Five Thousand Baht Only) as deposit upon the day of signing this lease. This deposit will be held by the Landlord as security against any damage to property, payment of electricity, water and telephone bills, if any pending. The Landlord agrees to refund this deposit to the Tenant within 45 days after the termination of this lease on the condition that the Tenant shall settle the payment of any damage to property, payment of electricity, water and telephone bills.