TERM AND DESCRIPTION Clause Samples
The 'Term and Description' clause defines the duration and scope of an agreement or contract. It typically specifies when the agreement begins, how long it will remain in effect, and may outline the key activities or services covered during this period. For example, it might state that a service contract is valid for one year from the signing date and describe the nature of the services to be provided. This clause ensures both parties have a clear understanding of the contract's timeframe and the obligations involved, reducing ambiguity and helping to prevent disputes over the contract's validity or coverage.
TERM AND DESCRIPTION. Agent hereby leases to Resident, and Resident hereby leases from Agent, the Premises in the «CommunityName» apartment community known as «Address», «AptNumber», «CityZip», County of «County», State of South Carolina (“Premises”) subject to the terms and provisions hereof, for the term beginning on «StartMonth» «StartDay», «StartYear» (the “Commencement Date”), and ending at close of business on «EndMonth» «EndDay», «EndYear» (the “Expiration Date”). Except for any month-to-month periods, any renewals or extensions of the Lease or term for an additional specified term or renewal must be in writing and signed by both Resident and Agent.
TERM AND DESCRIPTION. Licensor does hereby License to Licensee, and Licensee does hereby License from Licensor, the premises described as a bed in a furnished apartment at The QUAD (the “ A p a r t m e n t ” o r "Premises") located at ▇▇▇ ▇. ▇▇▇▇▇▇ Drive, San Marcos, California 92078 (the "Property"), to be used and occupied by Licensee for residential purposes only, for the term beginning on August 29, 2020 and terminating on May 23, 2021 (the “License Expiration Date” and collectively, the "Term") at noon (12pm) unless sooner terminated as hereinafter provided. This agreement is a license giving Licensee the right to occupy bed space in the Premises only and is terminable by Licensor as specified in this License. This is not a lease or other interest in real property, and Licensee does not have the rights of a tenant under California law. Licensor shall assign Licensee to a premises at the beginning of the Term; provided, however, that during the Term of this License, Licensor shall have the right to move Licensee to similar accommodations within the Property. Licensee shall not be released from liability under this License agreement due to school withdrawal or transfer, roommate conflict, business transfer, loss of job, marriage, divorce, loss of any of the Licensees in the apartment, bad health, University or The QUAD sanctions, or for any other reason except for involuntary military service or other circumstances as referenced elsewhere in this License (see sections 14 and 21).
TERM AND DESCRIPTION. Landlord does hereby lease to Tenant and Tenant does hereby lease from Landlord the premises described as
TERM AND DESCRIPTION. Agent hereby leases to Resident, and Resident hereby leases from Agent, the Premises in the «CommunityName» apartment community known as «Address», «AptNumber», «CityZip», County of «County», State of Illinois (“Premises”) subject to the terms and provisions hereof, for the term beginning on «StartMonth» «StartDay», «StartYear» (the “Commencement Date”), and ending at close of business on «EndMonth» «EndDay», «EndYear» (the “Expiration Date”). Except for any month-to-month periods, any renewals or extensions of the Lease or term for an additional specified term or renewal must be in writing and signed by both Resident and Agent.
TERM AND DESCRIPTION. Landlord hereby leases to Resident, and Resident hereby leases from Landlord, the Premises known as ▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ County of ▇▇▇▇▇▇▇, State of Colorado, (“the Premises” or “Property”). The term of this agreement begins on 01/01/2019 (the “Lease Start Date”), and ends on 01/31/2019 (the “Expiration Date”). Except for any month-to-month periods, any renewals or extensions of the Lease or term for an additional specified term or renewal must be in writing and signed by both Resident and Landlord.
TERM AND DESCRIPTION. The LESSOR does lease unto the LESSEE the following described tract of property in ▇▇▇▇▇▇▇ County, Washington: A portion of the E1/2 of Section 34, Township 33 North, Range 40 East, ▇.▇., lying East of the airport runway and designated as Space 2, Private Aviation Section for a term of 40 years commencing on January 1, 2021 and ending on December 31, 2060.
TERM AND DESCRIPTION. Licensor does hereby License to Licensee, and Licensee does hereby License from Licensor, the premises described as a bed in a furnished apartment at University Village Apartments (UVA) (the “ A p a r t m e n t ” o r "Premises") located at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇., ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (the "Property"), to be used and occupied by Licensee for residential purposes only, for the term beginning on «» and terminating on «» (the "Term") unless sooner terminated as hereinafter provided. This agreement a license giving Licensee the right to occupy bed space in the Premises only and is terminable by Licensor as specified in this License. This is not a lease or other interest in real property, and Licensee does not have the rights of a tenant under California law. Licensor shall assign Licensee to a premises at the beginning of the Term; provided, however, that during the Term of this License, Licensor shall have the right to move Licensee to similar accommodations within the Property. Licensee shall not be released from liability under this License agreement due to school withdrawal or transfer, roommate conflict, business transfer, loss of job, marriage, divorce, loss of any of the residents in the apartment, bad health, University or University Village sanctions, or for any other reason except for involuntary military service.
TERM AND DESCRIPTION. Landlord does hereby lease to Tenant and Tenant does hereby lease from landlord the premises described as Condo located at {Your Address} This lease includes daily use of the condo and all facilities in the building. The lease can be used by Sumo Group employees, board meetings and to house consultants for the company. The term of the lease begins on January 1, 2018 and ends on December 31, 2019. The length of the term is 24 months. The daily rate is $1,000. In the event a new agreement is not executed by the termination date of this agreement, the terms and conditions will continue on a month-to-month basis.
TERM AND DESCRIPTION. Agent hereby leases to Resident, and Resident hereby leases from Agent, the premises of Copper Chase ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, #▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇, ▇▇▇▇▇ of Colorado ("Premises") subject to the terms and provisions hereof, for the term beginning on July 26, 2018 (the "Commencement Date"), and ending at close of business on, July 25, 2019 (the "Expiration Date"). Except for any month-to-month periods, any renewals or extensions of the Lease or term for an additional specified term or renewal must be in writing and signed by both Resident and Agent. If Resident goes month-to-month, rent will be adjusted to market rate as determined by Agent, and Resident will be charged an additional month-to-month fee or $100.00 per month.
TERM AND DESCRIPTION. 1. Landlord hereby leases to Resident, and Resident hereby leases from Landlord, the Premises known as ▇▇▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇▇