PRIME LESSOR Clause Samples

The 'Prime Lessor' clause identifies the original landlord or property owner in a leasing arrangement, particularly when the current lease is a sublease. This clause clarifies the relationship between the prime lessor, the tenant, and any subtenants, often specifying the rights and obligations that flow from the original lease to subsequent parties. Its core function is to ensure all parties understand their respective positions and responsibilities, thereby preventing confusion or disputes regarding authority and obligations under the lease.
PRIME LESSOR. Community Center for the Arts, a Wyoming nonprofit corporation By: Date: 11/16/2021 ▇▇▇▇▇ Camino Its: Executive Director Address: Center for the Arts ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (physical) ▇.▇. ▇▇▇ ▇▇▇ (mailing) ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Teton County School District #1 State of Wyoming By: Date: 11/11/2021 ▇▇▇▇▇ ▇▇▇▇▇▇▇ Its: Chair, Board of Trustees Address: Teton County School District #1 ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ (physical) ▇.▇. ▇▇▇ ▇▇▇ (▇▇▇▇▇▇▇) ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Art Association of ▇▇▇▇▇▇▇ Hole, a Wyoming nonprofit corporation By: Date: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Its: Executive Director Address: Art Association of ▇▇▇▇▇▇▇ Hole 240 S. Glenwood (physical) ▇.▇. ▇▇▇ ▇▇▇▇ (▇▇▇▇▇▇▇) ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ These Rules and Regulations are for the mutual benefit of all tenants. Tenant agrees to be bound and comply with the Rules and Regulations as follow: TRASH: Tenant shall deposit trash in the dumpsters in the back-loading area and agrees not to leave or store any materials, litter, or trash in the common areas, on the grounds, or in the parking areas. Tenant agrees to pay for trash needing to be removed by Lessor which was not properly disposed of by Tenant. Tenant further agrees, in the event a larger amount of trash must be removed, to contact Lessor to arrange an extra pick-up which Tenant agrees to pay for.
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PRIME LESSOR. Community Center for the Arts, a Wyoming nonprofit corporation By: Date: 11/16/2021 ▇▇▇▇▇ ▇▇▇▇▇▇ Its: Executive Director Address: Center for the Arts ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (physical) P.O. Box 860 (mailing) ▇▇▇▇▇▇▇, WY 83001 Teton County School District #1 State of Wyoming By: Date: 11/11/2021 ▇▇▇▇▇ ▇▇▇▇▇▇▇ Its: Chair, Board of Trustees Address: Teton County School District #▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ (physical) P.O. Box 568 (mailing) Jackson, WY 83001 Art Association of ▇▇▇▇▇▇▇ Hole, a Wyoming nonprofit corporation By: Date: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Its: Executive Director Address: Art Association of ▇▇▇▇▇▇▇ Hole ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (physical) P.O. Box 1248 (mailing) Jackson, WY 83001 1/11/2022 DocuSign Envelope ID: 29570CB9-27F1-40D0-8431-AC06B62B6A2C These Rules and Regulations are for the mutual benefit of all tenants. ▇▇▇▇▇▇ agrees to be bound and comply with the Rules and Regulations as follow: TRASH: Tenant shall deposit trash in the dumpsters in the back-loading area and agrees not to leave or store any materials, litter, or trash in the common areas, on the grounds, or in the parking areas. ▇▇▇▇▇▇ agrees to pay for trash needing to be removed by ▇▇▇▇▇▇ which was not properly disposed of by Tenant. ▇▇▇▇▇▇ further agrees, in the event a larger amount of trash must be removed, to contact ▇▇▇▇▇▇ to arrange an extra pick-up which ▇▇▇▇▇▇ agrees to pay for.
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PRIME LESSOR. Community Center for the Arts, a Wyoming nonprofit corporation By: Date: 11/16/2021 ▇▇▇▇▇ ▇▇▇▇▇▇ Its: Executive Director Address: Center for the Arts ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (physical) P.O. Box 860 (mailing) ▇▇▇▇▇▇▇, WY 83001 Teton County School District #1 State of Wyoming By: Date: 11/11/2021 ▇▇▇▇▇ ▇▇▇▇▇▇▇ Its: Chair, Board of Trustees Address: Teton County School District #▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ (physical) P.O. Box 568 (mailing) Jackson, WY 83001 Art Association of ▇▇▇▇▇▇▇ Hole, a Wyoming nonprofit corporation By: Date: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Its: Executive Director Address: Art Association of ▇▇▇▇▇▇▇ Hole ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (physical) P.O. Box 1248 (mailing) Jackson, WY 83001 1/11/2022 DocuSign Envelope ID: 29570CB9-27F1-40D0-8431-AC06B62B6A2C These Rules and Regulations are for the mutual benefit of all tenants. ▇▇▇▇▇▇ agrees to be bound and comply with the Rules and Regulations as follow: TRASH: Tenant shall deposit trash in the dumpsters in the back-loading area and agrees not to leave or store any materials, litter, or trash in the common areas, on the grounds, or in the parking areas. ▇▇▇▇▇▇ agrees to pay for trash needing to be removed by ▇▇▇▇▇▇ which was not properly disposed of by Tenant. ▇▇▇▇▇▇ further agrees, in the event a larger amount of trash must be removed, to contact ▇▇▇▇▇▇ to arrange an extra pick-up which ▇▇▇▇▇▇ agrees to pay for.
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Related to PRIME LESSOR

  • Lessor It is important that the full name of the Entity leasing the commercial space is reported as the Lessor.

  • Prime Lease (a) It is understood that Sublandlord is a sublandlord and that Sublandlord grants this Sublease under and by virtue of its rights under the Prime Lease and that this Sublease is subordinate and subject to the Prime Lease. Except as set forth below, the provisions of the Prime Lease are incorporated herein by reference, and made a part hereof, except that: (i) each reference in such incorporated sections to “Lease” shall be deemed a reference to this “Sublease”; (ii) each reference to the “Premises” shall be deemed a reference to the “Subleased Premises”; (iii) each reference to “Landlord” shall be deemed a reference to “Sublandlord” and each reference to “Tenant” shall be deemed a reference to “Subtenant”, except as otherwise expressly set forth herein; (iv) with respect to work, services, utilities, electricity, repairs (including, without limitation, repairs of any damage caused by Prime Landlord), restoration, insurance, indemnities, reimbursements, title, representations, warranties, covenants or the performance of any other obligation of the “Landlord” under the Prime Lease, whether or not incorporated herein, (A) reference to “Landlord” shall be deemed a reference solely to Landlord, and (B) the sole obligation of Sublandlord shall be to request the same in writing from Prime Landlord as and when requested to do so by Subtenant, and to use Sublandlord’s reasonable efforts (not including the payment of money or the incurring of any liabilities) to obtain Prime Landlord’s performance (provided, however, that Sublandlord shall not be required to institute any legal proceedings against Prime Landlord unless Subtenant pays all costs, and indemnifies, defends and holds Sublandlord harmless against all losses, costs (including reasonable attorney’s fees), claims, liabilities and damages, in connection therewith); (v) with respect to any obligation of Subtenant to be performed under this Sublease, wherever the Prime Lease grants to the “Tenant” a specified number of days to perform its obligations under the Prime Lease (including, without limitation, curing any defaults), Subtenant shall have three (3) fewer calendar days (or such lesser time as may be provided in this Sublease) to perform the obligation, but in no case shall Subtenant have less than three (3) business days to perform the obligation; (vi) with respect to any approval or consent required to be obtained from the “Landlord” under the Prime Lease, such approval or consent must be obtained from both Prime Landlord and Sublandlord, and Sublandlord’s withholding of approval or consent shall in all events be deemed reasonable if for any reason Prime Landlord’s approval or consent is not obtained, and if Prime Landlord’s approval may not be unreasonably withheld, conditioned and/or delayed under the Prime Lease, then Sublandlord’s consent shall likewise not be unreasonably withheld, conditioned and/or delayed, as the case may be; (vii) in any case where the “Landlord” reserves or is granted the right to manage, supervise, control, repair, alter, regulate the use of, enter or use the Premises or any areas beneath, above or adjacent thereto, such reservation or grant of right of entry shall be deemed to be for the benefit of both Prime Landlord and Sublandlord; (viii) in any case where “Tenant” is to indemnify, release or waive claims against “Landlord”, such indemnity, release or waiver shall be deemed to run from Subtenant to both Prime Landlord and Sublandlord; (ix) in any case where “Tenant” is to execute and deliver certain documents or notices to “Landlord”, such obligation shall be deemed to run from Subtenant to both Prime Landlord and Sublandlord; (x) all payments shall be made to Sublandlord, except as otherwise expressly required by the Prime Lease or Prime Landlord’s Consent; (xi) Subtenant shall pay all consent and review fees described in the Prime Lease; (xii) Subtenant shall not have the right to terminate this Sublease as to any or all of the Subleased Premises due to casualty or condemnation unless Sublandlord has such right (and opts to exercise such right) under the Prime Lease; and (xiii) the following provisions of the Prime Lease are not incorporated herein: Section 2.1; Section 2.2; Section 2.3; Section 2.4; Section 2.5; Section 2.6; Section 2.8; Section 2.10; Section 3; Section 4; Section 7.1; Section 8; Section 11; Section 12.1; Section 33; Section 41; Section 42; Exhibit A; Exhibit B; Exhibit D; and Exhibit F; and with respect to the First Amendment: Section 3; Section 5; Section 6; Section 8; Section 9; Section 10; Section 11; Section 12; Section 13; Section 15; and any other provisions that are contrary to the terms of this Sublease. For purposes of this Sublease, all references to “Prime Lease” hereunder shall refer to the Prime Lease, excluding those Sections set forth in Section 2(a)(xiii). As between Sublandlord and Subtenant, the provisions of Section 35.1 shall not apply, but shall apply as between Sublandlord and Prime Landlord, and Subtenant and Prime Landlord. Subtenant expressly assumes and agrees to comply with all provisions of the Prime Lease and perform all of the obligations on the part of the “Tenant” to be performed under the Prime Lease (except where such obligation arises by reason of a (i) breach of Sublandlord under this Sublease, or (ii) breach of Sublandlord under the Prime Lease (other than a breach of the Prime Lease caused by Subtenant’s breach of its obligations under this Sublease)). In the event that the Prime Lease is terminated for any reason whatsoever, then subject to the provisions of, and Prime Landlord’s rights under the Prime Lease, this Sublease shall terminate simultaneously with such termination without any liability of Sublandlord to Subtenant. Subject to Subtenant’s performance of its obligations under this Sublease, Sublandlord shall not default in its monetary obligations under the Prime Lease (beyond any applicable notice and cure period). (b) During the term of this Sublease, Sublandlord shall promptly deliver to Subtenant copies of any and all notices of default delivered to or received from Prime Landlord. (c) Sublandlord hereby warrants and represents to Subtenant that (i) the Prime Lease is in full force and effect and Sublandlord has not received any notice of default thereunder from Prime Landlord which remains uncured as of the date hereof, and (ii) to Sublandlord’s knowledge, neither Sublandlord or Prime Landlord is in default under the Prime Lease (beyond any applicable notice and cure period), and there are no circumstances which with the giving of notice or passage of time would give rise to a default under the Prime Lease.

  • LANDLORD The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only during their respective period of ownership of an interest in the Building. In the event of any transfer or transfers of such title to the Building, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.

  • Lessee The related Lessee is a Person other than MBFS USA, any Affiliate thereof or a Governmental Authority and, at the time of origination of the 201[__]-[__] Lease, based on information provided by the Lessee, the Lessee is located in and has a billing address within a State.

  • Tenant Tenant shall not make any alterations to or modifications of the Leased Premises or construct any improvements within the Leased Premises until Landlord shall have first approved, in writing, the plans and specifications therefore, which approvals shall not be unreasonably withheld or delayed. Landlord's consent shall not be required for non-structural interior improvements costing less than $10,000 in any calendar year. Plans are required. All such modifications, alterations or improvements, once so approved, shall be made, constructed or installed by Tenant at Tenant's expense (including all permit fees and governmental charges related thereto), using a licensed contractor first approved by Landlord, in substantial compliance with the Landlord approved plans and specifications therefore. All work undertaken by Tenant shall be done in accordance with all Laws and in a good and workmanlike manner using new materials of good quality. Tenant shall not commence the making of any such modifications or alterations or the construction of any such improvements until (i) all required governmental approvals and permits shall have been obtained, (ii) all requirements regarding insurance imposed by this Lease have been satisfied, (iii) Tenant shall have given Landlord at least five business days prior written notice of its intention to commence such work so that Landlord may post and file notices of non-responsibility, and (iv) if requested by Landlord, Tenant shall have obtained contingent liability and broad form builder's risk insurance in an amount reasonably satisfactory to Landlord to cover any perils relating to the proposed work not covered by insurance carried by Tenant pursuant to Article 9. In no event shall Tenant make any modifications, alterations or improvements whatsoever to the Outside Areas or the exterior or structural components of the Building including, without limitation, any cuts or penetrations in the floor, roof or exterior walls of the Leased Premises without Landlord's approval which shall not be unreasonably withheld. As used in this Article, the term "modifications, alterations and/or improvements" shall include, without limitation, the installation of additional electrical outlets, overhead lighting fixtures, drains, sinks, partitions, doorways, or the like.