MODIFICATION TO LEASE Sample Clauses
The Modification to Lease clause establishes the process and requirements for making changes to the terms of an existing lease agreement. Typically, this clause stipulates that any amendments must be made in writing and signed by both the landlord and tenant to be valid. For example, if the parties wish to alter the rent amount or extend the lease term, they must formally document and approve these changes. This clause ensures that all modifications are clearly agreed upon, preventing misunderstandings and disputes over informal or unauthorized changes to the lease.
MODIFICATION TO LEASE. Guarantor’s obligations under this Guaranty shall not be extinguished, discharged, diminished or reduced in any way by any modification or amendment of the Lease including, but not limited to, any extension of the Lease Term, any relocation or substitution of Premises, any increase or decrease in the size of the Premises, any modification of payment dates or amounts, or any subsequent sublease or assignment of the Lease made with or without the consent of Landlord. Guarantor hereby waives any right to approve any modification or amendment of the Lease.
MODIFICATION TO LEASE. The fees/fines listed below may not be a complete list of fees that can be assessed during occupancy. However, they do summarize the most common reasons fees are assessed and the fees associated with each deficiency.
MODIFICATION TO LEASE. From and after the Penthouse Space Commencement Date, Article 1 of this Lease shall be deemed modified as follows:
(i) the "Premises", shall be deemed to include the Expansion Space;
(ii) the "Rent", as defined in clause (iii) of subparagraph A of Article 1, shall be deemed increased by the amount of Forty-Eight Thousand and 00/100 ($48,000.00) Dollars per annum through the Term of this Lease (provided, however, if this Lease remains in full force and effect and Tenant is not in default hereunder after receipt of notice thereof and the expiration of any applicable cure period, the Rent payable with respect to the Penthouse Space only shall be abated for the one hundred eighty (180) day period immediately following the Penthouse Space Commencement Date);
(iii) Base Tax Year" and "Base Labor Year", as defined in clauses (ii) and (i) of subparagraph A of Article 1, shall mean the Tax Year and the calendar year, respectively, in which the Penthouse Space Commencement Date occurs.
MODIFICATION TO LEASE. Lessee agrees that if any present or future secured lender on the Building requires modifications to this Lease the Lessee agrees to promptly enter into such modification, provided that such modification shall not be in substantial derogation or diminution of any of the rights of the parties hereunder nor increase any of the obligations or liabilities of the parties hereunder.
MODIFICATION TO LEASE. The terms of this Fourth Addendum shall be deemed to modify and supplement the terms of the Lease as amended by the Addendum and Second Addendum and in the event of any inconsistencies the terms of this Fourth Addendum shall control. All references herein and in the future to the "Lease", unless the context is clearly otherwise, shall be deemed to be the Lease as amended by the Addendum, the Second Addendum, the Third Addendum and this Fourth Addendum. All capitalized terms used herein shall have the meanings as set forth in the Lease, unless otherwise expressly defined herein.
MODIFICATION TO LEASE. The terms of this Addendum shall be deemed to modify and supplement the terms of the Lease and in the event of any inconsistencies the terms of this Addendum shall control. All references herein and in the future to the "Lease", unless the context is clearly otherwise, shall be deemed to the Lease as amended by this Addendum. All capitalized terms used herein shall have the meanings as set forth in the Lease, unless otherwise expressly defined herein.
MODIFICATION TO LEASE. In connection with the surrender of the Remaining Premises pursuant to Article 1, the Landlord and the Tenant agree that section 4.16 of the Lease is amended so that, effective as of the Surrender Date (if the condition precedent set out in section 4.1 is satisfied or waived by the Landlord), the following is deleted from the information included under the "Term of Letter of Credit" and "Face Amount of Letter of Credit" headings in paragraph (a) thereof: "From the date of lease execution to July 9, 2002 $7,250,000.00 From July 10, 2002 to October 9, 2002 $6,437,363.00 From October 10, 2002 to November 4, 2002 $4,694,849.00 From November 5, 2002 to February 7, 2003 $2,257,520.00 February 8, 2003 to Month 60 of Lease Term $1,000,000.00", and the following is substituted therefor: "From the date of lease execution to July 9, 2002 $7,250,000.00 From July 10, 2002 to October 9, 2002 6,437,363.00 From October 10, 2002 to November 6, 2002 4,694,849.00 From November 7, 2002 to February 7, 2003 1,300,000.00 February 8, 2003 to Month 60 of Lease Term $ 0.00".
MODIFICATION TO LEASE. Guarantor’s obligations under this Guaranty shall not be extinguished, discharged, diminished or reduced in any way by any modification or amendment of the Lease including, but not limited to, any extension of the Lease Term, any relocation or substitution of Premises, any increase or decrease in the size of the Premises, any modification of payment dates or amounts, or any subsequent sublease or assignment of the Lease made with or without the consent of Landlord. Guarantor hereby waives any right to approve any modification or amendment of the Lease. Notwithstanding the foregoing, this Guaranty shall not apply during any Option Term (as defined in the Lease) unless Guarantor has delivered to Landlord an instrument in writing approving Tenant’s exercise of the Renewal Option (as defined in the Lease) for such Option Term.
MODIFICATION TO LEASE. A written amendment signed by both parties shall be the exclusive method for modifying this Lease and no oral agreement or course of dealing shall be construed to suffice to modify any term of this Lease.
MODIFICATION TO LEASE. The terms of this Third Addendum shall be deemed to modify and supplement the terms of the Lease as amended by the Addendum and Second Addendum and in the event of any inconsistencies the terms of this Third Addendum shall control. All references herein and in the future to the "Lease", unless the context is clearly otherwise, shall be deemed to be the Lease as amended by the Addendum, the Second Addendum and this Third Addendum. All capitalized terms used herein shall have the meanings as set forth in the Lease, unless otherwise expressly defined herein.