Character of Lease Clause Samples

Character of Lease. Landlord and tenant intend, and tenant expressly covenants and agrees, that this lease is an all net lease and all rent and other payments herein required to be made by tenant to landlord (and/or on behalf of landlord) shall be net payments to or on behalf of landlord so that landlord is not, and shall not be required, to expend any money or do any acts or take any steps affecting or with respect to the maintenance, preservation, repair, replacement, and protection of the premises, or any part thereof. All items including, without limitation, costs, charges, fees, interest charges, expenses, repairs, replacements, reimbursements, premium cost for insurance to be carried and paid by tenant as provided herein, real estate taxes, personal property taxes, and assessments and charges, and obligations of every kind relating to the premises which may be assessed arise or become due during the term of this lease and any extended term, and every other matter relating to tenant’s use, occupancy, or operation of the premises shall be paid or discharged by tenant as additional rent hereunder and tenant agrees to indemnify and save harmless landlord from and against all such costs, taxes, repairs, replacements, premiums fees, interest charges, expenses, reimbursements, and obligations.
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Character of Lease. It is mutually agreed that the Lease granted under this Agreement is an absolutely "net" lease and notwithstanding any language herein to the contrary, it is intended and the Municipality expressly covenants and agrees that all rentals and other payments herein required to be made by the Municipality to the Authority shall be made without notice or demand and without set-off, counterclaim, abatement, suspension, deduction or defense, and shall be net payments to the Authority, meaning that the Authority is not and shall not be required to expend any money or do any acts or take any steps affecting or with respect to the maintenance, preservation, repair, restoration, reconstruction, insuring or protection of the Property or any part thereof, all such obligations being the responsibility of the Municipality.
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Character of Lease 
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Related to Character of Lease

  • TERMS OF LEASE This lease shall be for a term of two (2) school semesters beginning on the 20th day of August 2021 and terminating without notice at 5:00 PM on the 20th day of May 2022. LESSEES shall move-in on a pre-scheduled date as indicated hereafter, and shall move-out at the end of the lease term after a move-out inspection has been completed by LESSOR.

  • Date of Lease June 29, 2001

  • Use of Leased Property ▇▇▇▇▇▇ agrees to use the Leased Property only as residence. ▇▇▇▇▇▇ agrees to obey all federal, state and local laws and regulations when using the Leased Property. ▇▇▇▇▇▇ agrees not to store any flammable or dangerous things in or around the Leased Property. ▇▇▇▇▇▇ agrees not to do anything in or around the Leased Property, which could harm anyone or damage any property. ▇▇▇▇▇▇ agrees that Tenant will not allow more than one person per bedroom to live in the Leased Property without the written permission of Landlord. The fact that Tenant may have conflict with a roommate will not act as grounds to terminate this Lease. In the event that ▇▇▇▇▇▇ is arrested for or charged with any crime (other than a traffic related offense not involving illegal or controlled substances) during the term of the Lease, and/or Landlord is presented with evidence of activities of Tenant which shall constitute a nuisance or a threat to Landlord, other tenants, the Leased Property or the development, Landlord shall have the right to evict Tenant from the Leased Property.

  • DESCRIPTION OF LEASED PREMISES The Lessor agrees to lease to the Lessee the following described square feet (SF) of Additional Description: Hereinafter known as the “Premises”.

  • Construction of Lease This Lease has been prepared by Landlord and its professional advisors and reviewed by Tenant and its professional advisors. Landlord, Tenant, and their advisors believe that this Lease is the product of all their efforts, that it expresses their agreement, and agree that it shall not be interpreted in favor of either Landlord or Tenant or against either Landlord or Tenant merely because of their efforts in preparing it.