Demised Term Sample Clauses
The 'Demised Term' clause defines the specific duration for which the lease or tenancy is granted to the tenant. It typically states the exact start and end dates of the lease period, and may also address any provisions for renewal or extension. By clearly establishing the timeframe of the tenant's rights to occupy the premises, this clause ensures both parties understand their obligations and helps prevent disputes over the length of the tenancy.
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Demised Term. A. The Demised Premises are leased for ------------ a term (referred to as the "Demised Term") to commence on June 1, 2000 and to ------------ end on July 31, 2003, unless the Demised Term shall sooner terminate pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law.
Demised Term. The "Demised Term" of this Lease shall be for a period of 3 years beginning on May 1, 1998, and ending on April 30, 2001.
Demised Term. The phrase "Demised Term" is hereinafter used in this Lease to refer to the Original Term and the Extension Term, if exercised.
Demised Term. The term ("Demised Term") of this Sublease shall, commence on the earlier of (i) the date on which Subtenant, with Sublandlord's approval, shall take possession of the Demised Premises for the operation of its business therefrom, or (ii) November 1, 1998. The dates for the commencement and expiration of the Demised Term are referred to in this Sublease as the "Commencement Date" and the "Expiration Date", respectively.
Demised Term. This Lease shall be for a term of ten (10) years (plus any partial month if the Commencement Date is other than the first day of the month) ("Demised Term"), unless earlier terminated pursuant to the terms of this Lease, beginning the date on which Landlord substantially completes the leasehold improvements, as evidenced by a certificate of occupancy issued by the City of Melbourne, in accordance with Paragraph 5 hereof and delivers the Demised Premises to Tenant ("Commencement Date"), and ending the last day of the one hundred twentieth (120th) month following the Commencement Date ("Expiration Date"). Within thirty (30) days following the Commencement Date, Landlord and tenant shall confirm the Commencement Date in writing. The Commencement Date shall be as specified in Paragraph 6b. hereof.
Demised Term. 1.01 Landlord hereby leases to Tenant and Tenant hereby hires from Landlord the premises known as and located at 3▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ (the “Demised Premises”). The Demised Premises shall include a building (the “Building”) to be constructed on the Land (as defined below), which Building shall comprise approximately 232,917 rentable square feet and is expected to be as substantially shown on the diagram attached hereto and made a part hereof as Exhibit “A”. The Building will be situated upon a plot of land (the “Land”) in the Town of North Hempstead, County of Nassau and State of New York. The Building and Land, together with the benefit of all easements and all fixtures, equipment, improvements, installations and appurtenances which at the commencement of or during the Term of this Lease are attached thereto (except items not deemed to be included therein and removable by Tenant as provided in Article 5 hereof), which space, fixtures, equipment, improvements, installations and appurtenances, are included in the Demised Premises. Landlord shall lease the Demised Premises to Tenant for a “Term” of SEVENTEEN (17) Lease Years (or until such Term shall sooner cease and expire or be extended as hereinafter provided), to commence on the Commencement Date, and to end at midnight on Expiration Date (the Commencement Date and Expiration Date being subject to the further provisions of this Lease). Promptly following the Commencement Date, the parties hereto shall enter into a supplemental certificate fixing the actual Commencement Date and the stated Expiration Date, certifying that any improvements required to be made by Landlord have been completed, subject to any latent defects, warranties or other obligations of Landlord as set forth in this Lease.
1.02 The terms defined in this Article shall, for all purposes of this Lease, and all agreements supplemental hereto, have the meanings specified herein and in the Basic Lease Information, unless the context required otherwise.
Demised Term. The "Initial Term" of this Lease and ------------ ------------ Tenant's obligation to pay Rent (as hereinafter defined) shall commence on the Completion Date and shall end fifteen (15) years following the first day of the first Lease Year (as hereinafter defined). Landlord and Tenant may enforce and Landlord and Tenant agree to be bound by the terms and conditions of this Lease from the date of execution hereof. Within thirty (30) days of the Completion Date the parties shall sign Exhibit D attached hereto setting --------- forth the exact agreed Completion Date.
Demised Term. The Original Term and any Renewal Term resulting from the exercise of the Renewal Option are collectively referred to in this Lease as the "Demised Term."
Demised Term. A.The Demised Premises are leased for a term (referred to as the “Demised Term”) to commence on the date hereof and to end on the last day of the calendar month in which the date immediately preceding the eleventh (11th) anniversary of the date hereof shall occur, unless the Demised Term shall sooner terminate pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law. Owner shall deliver shall possession of the Demised Premises to Tenant as of the date hereof (meaning keys are available to Tenant at the Building office).
Demised Term. A.The Demised Premises are leased for a term (referred to as the "Demised Term") to commence on a date fixed by Owner in a notice to Tenant not sooner than five (5) days next following the giving of such notice, which notice shall state that Owner has, or prior to the commencement date fixed in such notice, will have, substantially completed Owner's Initial Work (as defined in Article 12), and to end on the last day of the calendar month in which the day immediately preceding the fifth (5th) anniversary of the Rent Commencement Date (as hereinafter defined) shall occur, unless the Demised Term shall sooner terminate pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law. For purposes hereof, Owner's Initial Work shall be deemed substantially completed notwithstanding the fact that details of construction, or decoration, if any, remain to be performed, which such omissions do not materially interfere with Tenant's performance of Tenant's work to prepare the Demised Premises for Tenant's initial occupancy, or Tenant's occupancy of the Demised Premises for the conduct of its business.