Common use of Temporary Premises Clause in Contracts

Temporary Premises. Upon the Landlord's completion of construction of a demising wall or October 1, 1996, Landlord shall lease to Tenant, and Tenant shall lease from Landlord, approximately 1,545 sq. ft. of office space located on the second floor of the building containing the Premises, as indicated on Exhibit "B" attached hereto and hereby reference to and made a part hereof, "AS-IS" at a monthly rent of $2,446.25 per month, and otherwise subject to all of the terms and conditions of this Lease. Tenant shall pay Landlord the first month's rent upon execution of this Lease. The lease of this temporary premises shall automatically terminate upon commencement of the term of this Lease, or become month-to-month, pursuant to par. 3 of this Lease.