Common use of CONTRACT CONCLUSION Clause in Contracts

CONTRACT CONCLUSION. The lease is not concluded until the contract has been signed by both parties. The Lessor is free to decline a potential Lessee without an indication of the grounds. The individual vaults, vault spaces and safe deposit boxes (hereinafter referred to individually or collectively as a “Storage Facility”) can only be rented by a single lessee. The Les- see is entitled to dispose of the contents of the Storage Facility alone and without restriction and to authorise third parties to do so. As a rule, a lease will not be concluded with those below legal age.