Common use of Short Form of Lease Clause in Contracts

Short Form of Lease. Contemporaneous with the execution of the Lease, the parties shall execute and record a Short Form of Lease in a form reasonably acceptable to Lessor and Lessee and provided Lessee simultaneously executes and delivers to Lessor a release thereof in recordable form, which Lessor may record upon termination of the term of this Lease.

Appears in 2 contracts

Sources: Lease Agreement (Tengion Inc), Lease Agreement (Tengion Inc)

Short Form of Lease. Contemporaneous with the execution of the Lease, the parties shall execute and record a Short Form of Lease in a form reasonably acceptable to Lessor and Lessee and provided Lessee simultaneously executes and delivers to Lessor a release thereof in recordable form, which Lessor may record upon termination of the term of this LeaseLessee.

Appears in 1 contract

Sources: Sub Sublease Agreement (Tengion Inc)