The Leased Property Clause Samples

The "Leased Property" clause defines the specific real estate, premises, or space that is subject to the lease agreement. It typically describes the location, boundaries, and any included fixtures or amenities, such as parking spaces or storage areas, to ensure both parties are clear on what is being leased. By precisely identifying the leased property, this clause prevents disputes over the scope of the lease and ensures both landlord and tenant understand their rights and obligations regarding the physical space.
The Leased Property. In accordance with the terms of this Agreement, the Lessor hereby delivers to the Lessee the use and temporary possession of the Leased Property and the Lessee accepts the same and agrees to be obligated to use and enjoy the Leased Property in accordance with the provisions of this Agreement and the applicable Laws.
The Leased Property. 2.1 The leased property which consists of a store, offices, stockroom, garbage storage and a part of technical room on the ground/floor is a total of 1.176,5 square meters (hereafter SM), but included in that figures is a 142,4 sm. mezzanine. If the size of the mezzanine changes the rent changes according to that. 2.2 The leased property which consists of a store and/or a stockroom on the second floor is 264,5 SM. 2.3 The leased property is better defined in enclosed preliminary drawing (see appendix 1). 2.4 The right to use and enjoy the common area of the property is included in the lease.
The Leased Property. In consideration of the obligation of Tenant to pay rent as herein provided, and in consideration of the other terms, provisions, and covenants hereof, Landlord demises and leases to Tenant, and Tenant hereby takes from Landlord, the real estate as shown on Exhibit A (the “Leased Property”).
The Leased Property. Dock has not caused a Release of Hazardous Materials on or at the Leased Property in connection with its use or occupancy of the Leased Property prior to the Closing Date for which Dock is, was or will in the future be required to perform Remedial Actions pursuant to applicable Environmental Laws.
The Leased Property. Subject to the terms and provisions of the Lease, the Lessor has demised and leased the Leased Property to the Lessee, and the Lessee has hired and let the Leased Property from the Lessor, for the term of the Lease described in Section 3(a) below.
The Leased Property. Parties agree to expand the leased spaces under the Base Lease Agreement (as amended by Addenda 1 to 21) with effect from 08/17/2020 with: at the office site Mechelen Campus, located at Schaliënhoevedreef 20F in 2800 Mechelen: (i) 640m² gross leasable area ("GLA") office space, Unit "3/A" on the third floor, incl. a share of common areas, as indicated on the plan in Annex 1 (ii) 9 outdoor parking spaces, nos. 806, 807, 365 through 371, as indicated on the plan in Annex 2 (iii) 9 indoor parking spaces, nos. 406 through 413, as indicated on the plan in Annex 3. Hereinafter referred to as "Leased Property”.
The Leased Property. 2.1. Pursuant to the provisions of clause 1.1 of the Lease Agreement, the Lessor has had a measurement report drawn up in accordance with NEN 2580 to determine the final floor area of the Leased Property (as defined in clause 1.1 of the Lease Agreement). This measurement report will be initialed by the Parties and attached as Annex 1 to this Rider II. This measurement report has not yet been agreed with respect to the Common Areas (as defined in the recitals under (d) of the Lease Agreement). The Lessor will provide the Lessee with a new measurement report no later than 13 April 2022. 2.2. In light of the provisions of clause 2.1 of this Rider II, the Parties agree that the final floor area of the Leased Property is fixed at 4,957 sq. m. LFA and the number of parking spaces at 26 and that on this basis the amounts as included in clause 4 of this Rider II are determined provisionally. 2.3. A copy of the energy label, as referred to in the Energy Performance (Buildings) Decree, in respect of the Leased Property shall be provided by the Lessor to the Lessee no later than 15 April 2022. The energy label will be attached as an annex to a new rider to the Lease Agreement. 2.4. Annex 1 to the Lease Agreement (Drawings of the Leased Property) is replaced by the drawing attached as annex 2 to this Rider II. 2.5. Annex 2 to the Lease Agreement (Delivery report) is attached as annex 3 to this Rider II. No later than 2 months after 5 April 2022, the Lessor must: (a) repair all defects as recorded in the delivery report; (b) provide the Lessee with all warranty statements, including those arising from the Design documents (as defined in the development agreement between the Parties and Genmab B.V.); (c) provide the Lessee with all as-built drawings, guides, manuals and operating instructions; and (d) provide the Lessee with all certificates, statements and notifications from network operators and public authorities. The aforementioned period of 2 months shall not apply to the Lessor's obligation under (a) if the delivery times of the building materials required for the repair and/or the suppliers and/or subcontractors to be engaged require a demonstrably longer period for the repair, in which case the period of 2 months shall be extended by this required longer period, whereby the Lessor shall make every effort to repair the defects referred to under (a) as soon as possible. Informal translation dated 2 May 2022
The Leased Property. The Lessor agrees to grant a lease and the Lessee agrees to accept a lease for land and improvements to which the Lessor has title, the said land and improvements described in Deed No. 13234, having an area of 18 Rai, 3 Ngan, 61 Tarangwa (approximately 7.28 acres, or 2.94 hectares) located at ▇▇ ▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇. ▇▇, ▇▇▇▇ Samak Sub-district, Bang Pakong District, Chachoengsao Province, and including public utilities, roads, and other improvements erected on the premises and buildings in their present condition (The entirety to be referred to as “the leased property”) as they appear in the details presented in Documents 1 and 2.
The Leased Property. Areas on the second floor and on the fifth floor, as set forth hereafter, in building no. 11 in Kiryat Weizmann Science Park in ▇▇▇▇ ▇▇▇▇▇ (hereinafter respectively: the “Building”, the “Park”), as marked in red on the blueprint attached to this agreement as appendix “C” and as set forth in the technical specifications attached as appendix “I”.