Lease General Terms and Conditions Clause Samples

The 'Lease General Terms and Conditions' clause establishes the foundational rules and obligations that govern the relationship between the landlord and tenant throughout the lease term. It typically covers essential topics such as payment of rent, maintenance responsibilities, use of the premises, and procedures for addressing breaches or disputes. By clearly outlining these standard provisions, this clause ensures both parties understand their rights and duties, thereby reducing the risk of misunderstandings and providing a framework for resolving common issues that may arise during the lease.
Lease General Terms and Conditions. Any taxes of any kind due as a result of this agreement, along with any charges or fines resulting from a breach of one of the provisions hereof by the lessee, are at the lessee’s expense. It is also required to pay any taxes or levies, present or future, direct or indirect, on, including, but not limited to, the leased equipment, whatever the current or future tax regime applicable to leasing transactions; the lessor is henceforth released from any liability of any kind in this respect.
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Lease General Terms and Conditions. The lessee is solely liable to third parties in respect of use of the leased equipment, even if the damage was caused by a latent defect. Moreover, the lessee must accept custody of the leased equipment.
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Lease General Terms and Conditions in the event that the lessee leaves its country of residence to settle abroad without having previously informed the lessor, or that the lessee moves or closes its registered office, without first informing the lessor of its new address in Luxembourg; - in the event of death, disqualification, placement under court-appointed guardian or any other deprivation of the lessee’s legal capacity; - in the event of a change in the lessee’s marital property regime; - if the accounts, published or otherwise, an interim financial position, a valuation of the lessee’s assets or an appraisal show that up to one quarter of the net assets of the lessee or of the group of companies with consolidated accounts to which it belongs has been impaired, lost or rendered unavailable in comparison with the most recent annual accounts, published or otherwise; in the event of circumstances likely to result in one of these situations; - in the event of the insolvency of a third-party guarantor or if such a party revokes its commitment or is in one of the circumstances detailed in this clause; - on the basis of the internal requirements and/or procedures of the ING group, particularly in respect of combating money laundering and the financing of terrorism; - if control of the lessee’s company changes hands directly or indirectly and if that change will, solely in the opinion of the lessor, increase the financial risk of the transaction, or breach the international embargoes or domestic or foreign regulations to which the lessor is subject. If, despite any of the events listed above having occurred, the lessor fails to invoke its right to terminate the agreement, such tolerance cannot be invoked at a later date as constituting the lessor’s renunciation of the rights vested in it under this clause.
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Lease General Terms and Conditions 
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Related to Lease General Terms and Conditions

  • General Terms and Conditions During the term of this Contract, Contractor agrees to procure and maintain insurance which meets all County’s requirements in the General Terms and Conditions.

  • Insurance Terms and Conditions Company must maintain the following limits and coverages uninterrupted or amended through the term of this Agreement. In the event Company becomes in default of the following requirements, Authority reserves the right to take whatever actions it deems necessary to protect its interests. Required liability policies other than Workers’ Compensation / Employer’s Liability will provide that Authority, members of Authority’s governing body, and Authority’s officers, volunteers and employees are included as additional insureds.

  • ADDITIONAL TERMS AND CONDITIONS This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among ▇▇▇▇▇ Bank and ▇▇▇▇▇ Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • of the General Terms and Conditions If none, please so indicate by checking the box: x.

  • Special Terms and Conditions It is the intent of TIPS to award to reliable, high performance vendors to supply products and services to government and educational agencies. It is the experience of TIPS that the following procedures provide TIPS, the Vendor, and the participating agency the necessary support to facilitate a mutually beneficial relationship. The specific procedures will be negotiated with the successful vendor.