Common use of DEMISE AND TERM, AS IS BASIS Clause in Contracts

DEMISE AND TERM, AS IS BASIS. 3.01 The term of this Lease shall be year(s), commencing on the day of , 20 , and ending on the day of , 20 . 3.02 The Tenant accepts the Leased Land on an As Is and Where Is basis and any Alterations and Improvements made, erected or installed during the Term, with the Landlord’s prior written approval, shall be at the risk, cost and expense of the Tenant and to the entire satisfaction of the Landlord. 3.03 Any overholding by the Tenant shall be considered a trespass.