BASIC LEASE TERMS Clause Samples
The BASIC LEASE TERMS clause serves to summarize the essential details of a lease agreement in a clear, easily referenced section. It typically lists key information such as the names of the landlord and tenant, the property address, lease duration, rent amount, security deposit, and important dates. By consolidating these fundamental terms at the beginning of the lease, this clause ensures that both parties can quickly identify and confirm the main contractual obligations, reducing the risk of misunderstandings and streamlining reference throughout the lease term.
BASIC LEASE TERMS. The following terms shall have the following meanings in this Lease:
BASIC LEASE TERMS. Each reference in this Lease to the "
BASIC LEASE TERMS. In addition to the terms defined in Article 2 and elsewhere in this Lease, the terms set forth below shall have the meanings herein specified when referred to in this Lease:
BASIC LEASE TERMS. The Demised Premises are more specifically described in, and are leased under the provisions of, a lease agreement (the "Lease"), the basic terms of which are described below:
BASIC LEASE TERMS. The basic terms of the Lease set forth in this Article 1 shall be read in conjunction with the other Articles of this Lease, which define and explain the basic terms.
1.1 Address for Notice (see Section 24.19) Landlord: ▇▇▇▇▇▇▇ – ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Tenant: At the Premises, or Address for Tenant other than at the Premises (required): ▇▇▇▇-▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ 1.2 Description of Premises: Property Name: Green Dragon Colony Address: ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Approximate Rentable Square Footage: 2,002 Pro Rata Share: 9.1249%
BASIC LEASE TERMS. The terms set out and defined in this Section, whenever used in this Lease with the first letter of each word capitalized, shall have only the meanings set forth in this section, unless such meanings are expressly modified, limited or expanded elsewhere in this Lease.
BASIC LEASE TERMS. This Section sets forth certain basic terms of this Lease for reference purposes. This Section is to be read in conjunction with the other provisions of this Lease; provided, however, to the extent of any inconsistency between this Section and the other provisions of this Lease, this Section shall control.
A. LEASED PREMISES (See Section 2)
BASIC LEASE TERMS. The basic terms of the Lease set forth in this Article 1 shall be read in conjunction with the other Articles of this Lease, which define and explain the basic terms.
1.1 ADDRESS FOR NOTICE (see Section 24.19): Landlord: 11750 Sorrento Valley Road, Suite 209 San D▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ment Tenant: At the Premises, Attention: Gregory P. Hanson
BASIC LEASE TERMS a. DATE OF LEASE: June 29, 2009
b. TENANT: THE UNIVERSITY OF PHOENIX, INC., an Arizona corporation, Address of the Premises: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ referred to as "Office A" and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ referred to as "Office B," each as shown on Exhibit "A," and with the improvements constructed thereon, each, a "Building" and collectively, the "Buildings." Tenant is leasing the Premises for administrative offices, classrooms and related purposes serving Tenant's employees, guests and students. Address (For Notices): The University of Phoenix, Inc.,c/o Apollo Development Corp.,4025 S. Riverpoint ParkwayMS:CF-K604Phoenix, Arizona, 85040Attention: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ WITH COPY TO:Apollo Group, Inc.c/o Apollo Legal Services4025 S. Riverpoint ParkwayMS:CF-K612Phoenix, Arizona 85040Attention: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, Esq.,Corporate Counsel or to such other place as Tenant may from time to time designate by notice to Landlord pursuant to the notice provisions herein.
c. LANDLORD: US REAL ESTATE LIMITED PARTNERSHIP, a Texas limited partnership. Address for notices and payment of rent: US Real Estate Limited Partnership, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇. ▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, Attn: Portfolio Management, or to such other place as Landlord may from time to time designate by notice to Tenant. In the event of a Landlord's Default notice shall also be sent to: US Real Estate Limited Partnership9830 Colonnade Blvd., Ste. 600San Antonio, TX 78230-2239Attention: Portfolio Management WITH COPY TO:PHA/FOUNTAINHEAD, L.L.C.c/o Metro Commercial Properties1500 ▇. ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇
d. TENANT'S USE OF PREMISES: Tenant will use the Premises for administrative offices, educational and related purposes serving Tenant's employees, guests and students. Tenant shall also have the exclusive right to operate an educational facility within the Project, and Landlord shall take commercially reasonable actions necessary to preserve and protect said exclusive right.
BASIC LEASE TERMS. 1 A. Definitions.....................................................1