OBJECT OF THE LEASE Sample Clauses
The "Object of the Lease" clause defines the specific property or premises that are being leased under the agreement. It typically describes the location, boundaries, and any relevant features or fixtures included with the leased property, such as parking spaces or storage areas. By clearly identifying what is being leased, this clause ensures both parties have a mutual understanding of the subject of the lease, thereby preventing disputes over the scope of the agreement.
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OBJECT OF THE LEASE. The lessor hereby agrees to lease to the lessee, who accepts, an industrial property, situated Carg▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇▇▇▇▇ (▇▇▇▇▇▇▇). ▇▇e property comprises 13,732 sq.m. of warehouse space and 75 parking spaces, as outlined in red on the annexed plans, duly initialed by both parties. This building will be constructed in accordance with the building plans, that make up part of this agreement.
OBJECT OF THE LEASE. The Landlord leases to the Tenant, and the Tenant leases from the Landlord, the real property located at [Address: ], comprising [briefly describe the characteristics of the real property ], under the terms and conditions set forth below. The property is considered a ski chalet, meaning it is located within a radius of 10km from an alpine ski center. ANNEX 1 PHOTOS / INVENTORY OF FIXTURES as needed In cases where necessary, the Parties agree to establish a list of specifications specific to a Dwelling that are not usually present in regular dwellings. Hereinafter referred to as « the PREMISES »
2.1. Rental Offer The PREMISES are offered: Monthly rental (31 days or more) Short-term rental (less than 31 days) Monthly and short-term rental
OBJECT OF THE LEASE. 1.1 The following premises and parking bays located in the Bensberg-Honschaft property and outlined in red in the attached floor plan Part I, (Annex No. 1), are leased for use as a manufacturing and engineering business: The agreed upon leased surface area is as follows: 1st basement, rooms 07 and 08 1st floor, rooms 07-11 315 m2 Ground floor, rooms 01-02, 07-08, 11, 12, 15, 17-18, 20, 23-24, 26, 28, 30-31, 34, 36, 38 and 48 399.4 m2 Ground floor, rooms 06, 09, 27 and 37 and 42 135 m2 2nd floor. room 03 32.2 m2 2nd floor, room 06 270 m2 ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇-▇▇ ▇▇▇ ▇▇▇ ▇▇▇ ▇▇ 1st floor, room 01 136 m2 Total surface area 1432.6 m2 The above surface areas include adjacent and traffic areas.
1.2 If deviations from the listed leased surface areas should be encountered in case of subsequent measurements of the leased surface areas, neither of the parties is entitled to withdraw from the present Contract, to terminate it or to demand a change in rent because of this. The surface areas listed under Paragraph 1.1 shall constitute the basis for the provisions of this Contract concerning the size of the leased property.
1.3 The exterior surface areas of the premises are not leased.
1.4 If an official permit that is necessary for the implementation of the use recorded in Paragraph 1.1 is refused or recalled because the location or configuration of the leased premises is not suitable for the operation, the Tenant has the right to cancel [the Contract] without notice or to demand a reduction [in rent]. Liability under a guarantee per 536a BGB [German Civil Law Code] is barred. The Landlord is furthermore not obligated to re-arrange the leased premises into a licensable condition if this involves unreasonable expenses.
1.5 Future official and technical requirements (e.g. tightened safety or health regulations; a change in use), concerning the Tenant’s operation shall be implemented by the Tenant at its own expense and must exempt the Landlord from any claims that may arise against the Landlord. If such requirements should not be satisfied, the Tenant shall have no right to demand compensation from the Landlord, to give notice, to withdraw or to refuse payment of damages or rights to refuse payment. The Landlord is obligated to cooperate in the fulfillment of the requirements, as long as the Tenant also assumes the respective costs.
OBJECT OF THE LEASE. The lessor lets to the tenant, which accepts, under the conditions stipulated in this lease, the space (lock-up, compartment): The space is intended for parking a motor vehicle to the exclusion of any other purpose. The tenant declares to be fully familiar with the leased space and not to request any more thorough designation thereof. It accepts it as is and undertakes not to make any use thereof other than the use for which it was leased.
OBJECT OF THE LEASE. 1.1 The LANDLORD leases to the TENANT, for its exclusive use:
1.1.1 the production premises with its buildings (the “Production Premises”) which are marked in red in the layout plans attached as Schedule 1.1 together with the office space in the Production Premises which is marked in blue in the layout plans attached as Schedule 1.1.
1.1.2 the open storage area and the storage facilities (together the “Storage Area”) which are marked in green in the layout plans attached as Schedule 1.1.
1.2 The Production Premises and the Storage Area leased under this Agreement are jointly referred to as the “Lease Object”.
OBJECT OF THE LEASE. By means of the present lease, the lessor leases the property to the lessee, who accepts. Its purpose is to lay down the rights and obligations of the signatory parties.
OBJECT OF THE LEASE. The object of this commercial lease agreement is the surface area indicated in the second whereas clause above located on the ground floor of Edificio Montesierra 36, along with whatever may be inherent to it or ceded with it, more specifically two (2) parking spaces and three hundred and sixty-five square meters (365 m2) of the aforementioned building's terrace roof. The leased surface area will be destined to any activity related to telecommunications in general or to the needs and corporate purpose of Tenant. [bears illegible signature] [bears illegible signature]
OBJECT OF THE LEASE. 1.1. Subject of the lease is a unit No. XXX in building, house No. XXX, xxx on parcel, parcel No. XXXX, xxx, located on X. floor; registered in cadaster held by Cadastral Office for XXX, Cadastral workplace XXX, cadastral area XXX II, municipality XXX (hereinafter referred to as „Object of the lease“).
1.2. The Lessor declares he is fully entitled to lease the Object of the lease and that he is its sole proprietor.
OBJECT OF THE LEASE. The LESSOR hereby leases, lets and demises unto the LESSEE that portion of land and building of the FTI Complex which is more particularly described as follows: Lot 92 - A1: Covered area - 4,536.00 square meters - 1,873.10 square meters Open space - 6,064.14 square meters
OBJECT OF THE LEASE. THE LESSOR HEREBY GRANTS IN LEASE TO THE LESSEE AND THE LESSEE HEREBY ACCEPTS, SUBJECT TO THE TERMS OF THIS AGREEMENT: (I) THE OFFICE-SPACE OF MODULE "D", IN TENTH LEVEL OF THE MIXED-USED CENTRO INSURGENTES (LEVEL THREE OF THE BUILDING'S OFFICE LEVELS, WHICH APPROXIMATELY MEASURE 215.19 RENTABLE SQUARE METERS, WITH A 85% USEFUL AREA FACTOR, AS PRESENTED IN THE DRAFT IN EXHIBIT "A", SUBJECT TO VERIFICATION BY BOTH PARTIES BEFORE POSSESSION DATE, AND (II) THE RIGHT TO FOUR INDIVIDUAL PARKING SPACES OF WHICH ONE, WILL BE DESIGNATED AND THE REST WILL BE CONSIDERED AS NON-DESIGNATED; AND SUCH SPACES WILL BE LOCATED IN THE BUILDING, (POINTS (I) AND (II), THE "PREMISES"), AND THE LESSEE. SHALL PAY THE LESSOR, OR LESSOR ASSIGNEE A MONTHLY RENT FOR THE LEASE OF THE PREMISES, IN THE AMOUNT AND TERMS HEREUNDER. LESSOR SHALL PERFORM THE WORK AND SHALL PREPARE PREMISES FOR OCCUPANCY AS IS SET FORTH IN DETAIL IN EXHIBIT "B" AND MADE PART OF THIS AGREEMENT.