PREMISES AND TERMS Sample Clauses
The "Premises and Terms" clause defines the foundational elements and specific conditions that govern the agreement between the parties. It typically outlines the physical or conceptual premises involved—such as the location, property, or subject matter—and sets forth the key terms, including duration, permitted uses, and any limitations or obligations. By clearly establishing these essential details at the outset, this clause ensures both parties have a mutual understanding of the scope and boundaries of their relationship, thereby reducing the risk of disputes and misunderstandings.
PREMISES AND TERMS. ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇ University licenses to the Student/resident, and Student/resident licenses from ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇ University Residence Life and Housing, space which consists of the exclusive use and occupancy of the bed and assigned space and related bath area. If applicable, student additionally licenses the shared use and occupancy of the kitchen and living/dining area with the other student/residents of the assigned apartment unit.
PREMISES AND TERMS. In consideration of the obligation of Tenant to pay rent herein provided, and in consideration of the other terms, provisions and covenants hereof, Landlord hereby demises and leases to Tenant, and Tenant hereby takes from Landlord certain premises situated within the County of Dallas, State of Texas, more particularly described on Exhibit "A" attached hereto and incorporated herein by reference, together with all rights, privileges, easements, appurtenances and immunities belonging to or in any way pertaining to the premises and together with the buildings and other improvements situated or to be situated upon said premises, said real property, buildings and improvements being hereinafter referred to as the "Premises". TO HAVE AND TO HOLD the same for a term commencing on the "commencement date", as hereinafter defined, and 'ending 120 months thereafter, provided, however, that, in the event the "commencement date" is a date other than the first day of a calendar month, said term shall extend for said number of months in addition to the remainder of the calendar month following the "commencement date." The "commencement date" shall be November 13, 1989. If this lease is executed before the Premises become vacant or otherwise available and ready for occupancy, or if any present tenant or occupant of the Premises holds over, and Landlord cannot acquire possession of the Premises prior to said "commencement date," Landlord shall not be deemed to be in default hereunder, and Tenant agrees to accept possession of the Premises at such time as Landlord is able to tender the same, which date shall thenceforth be deemed the "commencement date"; and Landlord hereby waives payment of rent covering any period prior to the tendering of possession to Tenant hereunder. After the commencement date Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the Premises. SEE EXHIBIT B, PARAGRAPH 23A ATTACHED HERETO AND MADE A PART HEREOF.
PREMISES AND TERMS. In consideration of the obligation of Tenant to pay rent as provided in this lease, and in consideration of the other terms, provisions, and covenants of this lease, Landlord hereby demises and leases to Tenant, and Tenant hereby takes from landlord certain premises described and delineated on the demising plan contained in Exhibit A attached hereto and incorporated herein by this reference, situated within a building (the "Building") located on certain real property (the "Land") within the above-named County and State and more particularly described as follows: Approximately 9,667 square feet of space located at ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Suites 107, 108 and 109, ▇▇▇▇▇▇, ▇▇▇▇▇▇ County, Texas, situated on ▇▇▇ ▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, section 3, together with the other Improvements erected upon said premises (the said premises and the Improvements located therein being hereinafter referred to as the "Premises"). To Have and to Hold the Premises, subject to the other terms and provisions of this lease, for a term commencing on June 1, 1998 and ending 60 months thereafter. Tenant acknowledges that it has inspected the Premises and accepts the Premises in their present condition as suitable for the purpose for which the Premises are leased. Tenant further acknowledges that no representations as to the repair of the Premises, nor promises to alter, remodel, or improve the Premises, have been made by Landlord, except for those expressly set forth in this lease.
PREMISES AND TERMS. Landlord does hereby demise unto Tenant, and Tenant Does hereby hire from Landlord, six (6) acres more or less as required by Tenant, of the premises situate in the Township of Dover, Town of Toms River, county of Ocean, and the State of New Jersey as follows: ▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ on the Official Tax Map of the Township of Dover, more commonly known as ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇, for the express purpose of erecting and operating a waste to ethanol production facility ("Demised Premises"). Tenant and Landlord hereby agree that the exact acreage and area of the premises to be occupied and improved by Tenant shall be in accordance with the site plans and specifications that shall be prepared by Tenant's engineer at Tenant's sole cost and shall be mutually determined by Tenant and Landlord To have and to hold, the Demised Premises unto Tenant for a term commencing upon the execution of this Lease Agreement, and extending until midnight on the day preceding the 15th anniversary of such date, and for any additional periods of time during which the Demised Premises is leased by the Tenant pursuant to the option granted in Section 4 hereof ("Term"), at the rent and upon the terms, covenants and conditions herein contained.
PREMISES AND TERMS. In consideration of the obligation of Tenant to pay rent as herein provided, and in consideration of the other terms, provisions and covenants hereof, Lessor hereby demises and leases to Tenant, and Tenant hereby takes from Lessor, certain premises (hereinafter referred to as the "Leased Premises") situated within the County of ▇▇▇▇▇▇, State of Minnesota, consisting of approximately 9,278 rentable square feet; known as Suites 420 and 500, as shaded with cross-hatch on the floor plan attached hereto as Exhibit A and made a part hereof including a proportionate share of common area as described under the definition of Rentable Area (Articles 6a, 6b and 6c of this Lease), on the fourth and fifth floors of the building commonly known as Spruce Tree Centre (hereinafter referred to as the "Building") located at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇. ▇▇▇▇, Minnesota 55104, which Building is situated upon the real property described on Exhibit B attached hereto and hereby made a part hereof (the Building and said real property are hereinafter referred to as the "Project"), together with all rights, privileges, easements, appurtenances and amenities belonging to or in any way pertaining to the Leased Premises, and together with the right to use in common with Lessor and other tenants in the Project, and its and their employees, agents, representatives and invitees, any common areas and facilities of the Project. To have and to hold for a term of three (3) years and no months, commencing on the first day of December , 1998, and ending on the 30th day of November, 2001. Tenant acknowledges that it has inspected the Leased Premises and accepts them in their present condition as suitable for the purpose for which they are leased, and further acknowledges that no representations as to the repair of the Leased Premises nor promises to alter, remodel or improve the Leased Premises have been made by Lessor or its agents, except as may be provided on the attached Exhibit C.
PREMISES AND TERMS. Landlord hereby leases to Tenant and Tenant hereby rents and leases from Landlord the entire railroad depot at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, and the caboose sitting outside the depot; but excluding the surrounding deck (hereinafter called “Depot”), and being a part of the property more specifically described within that quit-claim deed recorded at Deed Book 246, pages 814-821 of the ▇▇▇▇▇▇ County, Georgia deed records, for an initial term to commence on the first day of May, 2016 and expire April 30, 2021 (“Initial Term”). Upon expiration of the Initial Term, Tenant shall have the option to renew this lease for an additional term of five (5) years (“Extended Term”) by notifying Landlord in writing of its intent to so renew on or before the expiration of the Initial Term. The Initial Term and the Extended Term together are hereinafter referred to as the “Term”.
PREMISES AND TERMS. Realtor agrees to rent unto tenant the property located at Lawton, Oklahoma, on a 1-Year basis beginning on and ending on .
PREMISES AND TERMS. The Landlord lets to Tenant and Tenant leases from Landlord office 3-E (hereinafter referred to as the "Demised Premises"), for a term of one (1) year, commencing June 1, 1996 and terminating May 31, 1997. Tenant may renew for an additional one (1) year term provided he is not in default. The rent for the renewal term will be the present rent increased in accordance with the rise in cost of living index applicable to Puerto Rico. Tenant must inform landlord of intention to renew or not within 60 days of termination of lease.
PREMISES AND TERMS. The Landlord, in consideration of the rents herein reserved and of the agreements and conditions herein contained, on the part of the Tenant to be kept and performed, leases unto the Tenant and Tenant hereby rents and leases from the Landlord, according to the terms and provisions herein, the following described real estate, situated in ▇▇▇▇▇▇▇▇ County, Iowa, to wit: 5400 square feet of the building located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, Iowa 50075, which is being constructed by Landlord (the “Premises”) legally described on attached Exhibit A, and depicted on the site drawing attached as Exhibit B, with the improvements thereon and all rights, easements and appurtenances thereto belonging for an initial term of ten (10) years, commencing at midnight of the day previous to the first day of the lease term, which shall be on the 1st day of February 2005, and ending at midnight on the last day of the lease term, which shall be on the 31st day of January, 2016 (“Lease Term”), upon the condition that the Tenant pays rent therefore, and otherwise performs as provided in this lease. (Term subject to extension and an option to Purchase as set forth in paragraph 27, below).
PREMISES AND TERMS. 2.01 LEASE OF PREMISES Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the premises shown on Exhibit A (the "Premises") which are contained in the commercial building (the "Building") commonly known as Building ▇▇▇, ▇▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, for the term and upon the conditions provided in this lease (the "Lease"). Provided that as of the Commencement Date hereunder an Event of Default does not exist hereunder or under Tenant's existing lease for ▇▇▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ ▇▇ of the Complex, the Expiration Date under said existing lease shall be later of (i) the Commencement Date hereunder, and (ii) Tenant's vacation of said Suite 100, provided, however, for purposes of this Section 2.01, the Expiration Date under Tenant's said existing lease shall not occur prior to September 1, 1996.