Demise of Premises Clause Samples

Demise of Premises. Landlord hereby demises and lets to Tenant, and Tenant hereby takes and leases from Landlord, for the term and upon the provisions hereinafter specified, the following described property (collectively, the "Leased Premises"): (a) the premises described in Exhibit "A" hereto, together with the Appurtenances (collectively, the "Land"); (b) the buildings, structures and other improvements now or hereafter constructed on the Land (collectively, the "Improvements"); and (c) the fixtures, machinery, equipment and other property described in Exhibit "B" hereto (collectively, the "Equipment").

Demise of Premises. Landlord hereby leases to Tenant and Tenant leases from Landlord for the Lease Term, at the rental, and upon all of the terms and conditions set forth herein, certain premises described in the Summary (“Premises”), which Premises currently comprise all of that certain building described in the Summary (the “Building”) on real property situated at ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ in the City of Palo Alto, County of Santa ▇▇▇▇▇, State of California. The Premises are more particularly described in Exhibit “A” attached hereto. Subject to the terms and conditions of this Lease, Landlord reserves the right to access and use the restrooms and janitor, telephone and electrical closets (as well as the space above any dropped ceilings) for cabling, wiring, pipes and other building system elements. The rentable square footage of the Premises and Building (the “Rentable Area”) has been determined and certified by Landlord’s architect by a method described as “dripline,” whereby the measurement encompasses the outermost perimeter of the constructed building, including every projection thereof and all area beneath each such projection, whether or not enclosed, with no deduction for any inward deviation of structure and with the measurement being made floor by floor, but beginning from the top of the Building. Subject to Landlord’s reasonable security measures, Applicable Laws (as defined in Section 5.02 below), emergencies and force majeure events and repair work being performed by Landlord, Landlord acknowledges and agrees that Tenant, its employees, agents, and invitees shall have access to the Premises and the Building twenty-four (24) hours a day, seven (7) days a week.

Demise of Premises. Landlord leases to Tenant and Tenant hereby leases from Landlord the Premises for the Term, Rent, and upon the terms, covenants, and conditions set forth herein.

Demise of Premises. Landlord does hereby lease unto Tenant, and Tenant does hereby hire from Landlord, for the term hereinafter provided in Section 2.01, the Demised Premises for the use thereof by Tenant, Tenant's employees, concessionaires, licensees, agents, customers and invitees, which use shall be exclusive except as otherwise provided in Section 3.06 or elsewhere herein.

Demise of Premises. Landlord hereby demises and lets to Tenant, and Tenant hereby takes and leases from Landlord, for the term and upon the provisions hereinafter specified, the following described properties (hereinafter referred to collectively as the "Leased Premises" and each individually as a "Related Premises": (a) that portion of the land described in Exhibit "A-l" attached hereto upon which the Improvements containing the self-storage units and related facilities are located and designated "RV", boat and customer trailer parking areas are located, together with the Appurtenances related thereto, and together with a personal easement for the benefit of Tenant (and any permitted assignees or sublessees of Tenant's interests hereunder) granting the right of ingress and egress for vehicular and pedestrian access over and through the Common Areas (collectively, the "Land"); (b) the buildings, structures and other improvements now or hereafter constructed on the Land (collectively, the "Improvements"); and (c) the fixtures, machinery, equipment and other property described in Exhibit "B" on the Land or within any Improvements thereon (collectively, the "Equipment").

Demise of Premises. Landlord hereby leases to Tenant, and Tenant leases from Landlord, for the Lease Term upon the terms and conditions of this Lease, the Premises for Tenant’s own use in the conduct of Tenant’s business together with (i) the non-exclusive right to use the number of Tenant’s Allocated Parking Stalls within the Common Area (subject to the limitations set forth in ¶4.5), and (ii) the non-exclusive right to use the Common Area for ingress to and egress from the Premises. Landlord reserves the use of the exterior walls, the roof and the area beneath and above the Premises, together with the right to install, maintain, use, and replace ducts, wires, conduits and pipes leading through the Premises in locations which will not materially interfere with Tenant’s use of the Premises.

Demise of Premises. The Landlord hereby leases the Premises to the Tenant, and the Tenant hereby leases the Premises from the Landlord, to have and to hold for the uses and purposes, upon the terms, conditions, covenants and undertakings, and to the extent set forth in this Lease. Subject to the terms of this Lease, the Tenant shall have the exclusive control over, and the exclusive right to exhibit, promote and stage Events at, the Ballpark during the Term, and to retain all revenue from such Events. The Tenant shall have the sole and exclusive right to market, sell and set prices for tickets to all Events, provided that, with respect to any Other Events staged by Tenant on behalf of the City in accordance with the other terms of this Lease, Tenant shall not charge more for tickets than the price set by the City. The Tenant shall use its commercially reasonable efforts and work collaboratively with the Landlord to maximize the usage of the Ballpark for the benefit of the community. The Landlord and the Tenant acknowledge and agree that the Tenant is already in possession of the Premises pursuant to the Current Lease and that no act of the Landlord or the Tenant shall be necessary to tender possession of the Premises to the Tenant hereunder. The Premises and the Ballpark are being leased to the Tenant in their existing “as-is, where-is” condition, and Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Premises except as expressly provided for in this Lease, including, without limitation, in Article 3 and Article 15. Neither Landlord nor any agent of Landlord has made any representation or warranty regarding the condition of the Premises or the Ballpark or with respect to the suitability for the conduct of the Tenant’s business, except as expressly set forth in this Lease or described in the SKA Report.

Demise of Premises. Landlord hereby leases to School and School leases from Landlord, on the terms and conditions set forth herein, the Premises for the Lease Term.

Demise of Premises. In consideration of the mutual covenants and agreements of this Lease, and other good and valuable consideration, Landlord demises and leases to Tenant, and Tenant leases from Landlord, the Premises.