Amendment of Lease Sample Clauses
The Amendment of Lease clause establishes the process by which changes to the terms of a lease agreement can be made. Typically, this clause requires that any modifications, additions, or deletions to the lease must be documented in writing and signed by both the landlord and the tenant. For example, if the parties wish to adjust the rent amount or extend the lease term, they must formally execute an amendment in accordance with this provision. The core function of this clause is to ensure that all changes are mutually agreed upon and properly recorded, thereby preventing misunderstandings or disputes over informal or unauthorized alterations.
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Amendment of Lease. This lease may be amended only by an instrument in writing signed by Landlord and Tenant.
Amendment of Lease. Any amendment or modification of this Lease or additional obligation assumed by either party in connection with this Lease will only be binding if evidenced in writing signed by each party or an authorized representative of each party.
Amendment of Lease. The Lease is hereby amended as follows:
Amendment of Lease. The terms of this Lease may not be modified or amended except by an instrument in writing executed by each of the parties hereto.
Amendment of Lease. This Lease may be modified only by a written instrument signed by Landlord and Tenant and approved by Landlord's Lender and by the HUD Lender or HUD, as applicable.
Amendment of Lease. This Lease may not be altered, changed, or amended, except by a document in writing, signed by Lessor and Lessee. This Lease contains the entire agreement between the parties as to the Leased Property.
Amendment of Lease. No agreement by Landlord and Tenant for the assignment, cancellation, surrender, acceptance of surrender or termination, modification or amendment of this Lease shall be effective as to any Leasehold Mortgagee without the written consent of such Leasehold Mortgagee. If the Leasehold Mortgagee whose lien has first priority consents to an amendment, any Leasehold Mortgagee of a junior lien on the Premises will not unreasonably withhold its consent to such amendment.
Amendment of Lease. No assent or consent to changes in or waiver of any part of this Lease shall be deemed or taken as made unless the same be done in writing and attached or endorsed hereon by Landlord. No covenant, term or condition of the present Lease stipulated in favour of Landlord shall be waived, except by express written consent of Landlord, whose forbearance or indulgence in any regard whatsoever shall not constitute a waiver of the covenant, term or condition to be performed by Tenant; and until complete performance by Tenant of the said covenant, term or condition, Landlord shall be entitled to invoke any remedies available under this Lease or by law despite such forbearance or indulgence.
Amendment of Lease. The extension contemplated in Section 2 of this Fourth Lease Extension and Amending Agreement is subject to all the covenants and conditions contained in the Original Lease, as amended, renewed and extended by the Subsequent Agreements from time to time, save and except that:
(a) The Tenant shall pay to the Landlord all applicable Sales Taxes assessed on the Rent payable by the Tenant to the Landlord under the Lease. The Sales Taxes shall not be deemed to be Additional Rent under the Lease, but may be recovered by the Landlord as though they were Additional Rent.
(b) The Landlord and the Tenant agree that the Tenant shall be granted one (1) further option to extend the term of the Lease for five (5) years (the “Further Extension Term”). The Further Extension Term shall be upon the same terms and conditions of the Original Lease, as extended, renewed or amended by the Subsequent Agreements, as the case may be, except that there shall be no further right of extension beyond the Further Extension Term except for the Base Rent, which shall for the Further Extension Term be based upon: (i) the Rentable Area of the Premises, and (ii) the Market Rental as of the date which is six
Amendment of Lease. This agreement may not be altered, changed or amended, except by an instrument in writing, signed by both parties hereto.