Status of Leased Premises Clause Samples

The "Status of Leased Premises" clause defines the condition and state of the property at the time the lease begins. It typically outlines whether the premises are being delivered "as is" or if the landlord is required to make certain repairs or improvements before the tenant takes possession. For example, it may specify that the space will be freshly painted or that all systems are in working order. This clause ensures both parties have a clear understanding of the property's condition at the outset, helping to prevent disputes over maintenance responsibilities or expectations during the lease term.
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Status of Leased Premises. TENANT ACKNOWLEDGES THAT IT HAS FULLY INSPECTED THE LEASED PREMISES. TENANT HEREBY ACCEPTS THE LEASED PREMISES "AS IS" AND ACKNOWLEDGES THAT THE LEASED PREMISES IS SUITABLE FOR THE PURPOSES FOR WHICH THE SAME ARE LEASED IN THEIR PRESENT CONDITION. THIS WRITTEN AGREEMENT REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. In agreement whereof, the parties execute this Lease in multiple originals as of the Effective Date. TENANT: LANDLORD: HELEN’S RESTAURANTS LIMITED PARTNERSHIP ROADSTOP CENTER OF TEXAS, OF TEXAS, L.P. BY: ▇▇▇▇▇’S, INC., ITS GENERAL PARTNER BY: ▇▇▇▇▇▇▇, INC., ITS GENERAL PARTNER By: /s/▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Senior V.P. By: /s/Carry Piscator Carry Piscator President This First Amendment to Lease Agreement (the "Amendment") is entered into between NORMA’S RESTAURANTS, INC., a Texas corporation, herein called "Landlord", and HELEN’S RESTAURANTS LIMITED PARTNERSHIP, as "Tenant, to be effective August 1, 2003, for the purpose of amending that one certain Lease Agreement entered into between Roadstop Centers of Texas, L.P., predecessor-in-interest to Landlord, and Tenant effective October 15, 2002 (the "Lease", including all addendum thereto). The terms of this Amendment shall be construed as a part of the terms of the Lease in all respects. In the event the terms, covenants or conditions of this Amendment conflict with the terms, covenants or conditions of the Lease, the terms of this Amendment shall control.
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Related to Status of Leased Premises

  • DESCRIPTION OF LEASED PREMISES The Lessor agrees to lease to the Lessee the following described square feet (SF) of Additional Description: Hereinafter known as the “Premises”.

  • USE OF LEASED PREMISES The Lessor is leasing the Premises to the Lessee and the Lessee is hereby agreeing to lease the Premises for the following use and purpose: Any change in use or purpose the Premises other than as described above shall be upon prior written consent of Lessor only.

  • Surrender of Leased Premises 26.1 Tenant shall, at least ninety (90) days before the last day of the term hereof, give to Landlord a written notice of intention to surrender the leased premises on that date, but nothing contained herein shall be construed as an extension of the term hereof or as consent of Landlord to any holding over by Tenant. At the end of the term or any renewal thereof or other sooner termination of this Lease, Tenant will peaceably deliver up to the Landlords possession of the leased premises, together with all improvements or additions upon or belonging to the same, by whosoever made, in substantially the same condition as received, or first installed, ordinary wear and tear and damage by fire, earthquake, act of God or the elements alone excepted. Tenant may, upon the termination of this Lease, remove, at Tenants sole cost, all trade fixtures installed by Tenant, title to which shall be in Tenant until such termination, repairing any damage to the leased caused by such removal. Any of Tenants personal property and trade fixtures not removed by Tenant at the end of the term or other sooner termination of this Lease shall be deemed abandoned by the Tenant if Landlord so elects, and Landlord shall remove, store and disposing of Tenants abandoned personal property and trade fixtures. Tenant shall indemnify Landlord against any loss or liability resulting from delay by Tenant in so surrendering the leased premises, including without limitation, any claims made by any succeeding Tenant founded on such delay.