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 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 ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Parkway Centre One Property Management Tenant: At the Premises 1.2 Description of Premises:
BASIC LEASE TERMS. ‌ A. [§101] Site‌ Upon and subject to the terms, covenants and conditions hereof, Landlord hereby leases and demises to Tenant, and Tenant hereby leases and takes from Landlord, the Site which is the real property and improvements described in the attached Exhibit “A” which is incorporated by this reference as though fully set forth herein. It is mutually agreed that the leasing hereunder is upon and subject to the terms, covenants and conditions hereof, and that Tenant covenants, as a material part of the consideration of this Lease, to keep, perform and observe each and all of said terms, covenants and conditions by Tenant to be kept, performed or observed, and that this Lease is made upon the condition of such performance. As used herein, the term “Site” shall mean and include the Site and all improvements pursuant to this Lease. The Site shall be approximately x,xxx square feet of interior space and x,xxx square feet of patio space, including the existing improvements, located at Leased Premises. B. [§102] Term‌ The term of this Lease shall commence when the adopting ordinance becomes effective (“Commencement Date”) and terminate at 11:59 pm on Month Day, Year, (“Termination Date”). C. [§103] Title and Condition of the Site [§103] Title to the Site‌ Title to the leasehold of the Site is hereby conveyed by Landlord to Tenant free and clear of all recorded liens, encumbrances, covenants, assessments, easements, leases and taxes. [§104] Condition of Site Except as otherwise specifically provided in this Lease, the Site shall be conveyed to Tenant in “as-is” condition. It shall be the sole responsibility of Tenant, at Tenant’s sole expense, to investigate and determine the condition of the Site, the condition of the existing improvements on the Site and the suitability of such conditions for the business to be conducted by Tenant. D. [§105] Rent‌ Tenant shall pay to Landlord, without abatement, deduction or offset whatsoever in lawful money of the United States of America, at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, or to such other person or at such other place as Landlord may from time to time designate by notice to Tenant, rent during the term of this Lease in accordance with the following Sections. 1. [§106] Base Rent Beginning with the Commencement Date and continuing throughout the term of the Lease Tenant shall pay to Landlord a total minimum annual rent, which will be defined as the Base Rent. The Base Rent is due on or before the Commencement Date,...
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. Landlord leases to Tenant, and Tenant rents and hires from Landlord, the Premises described in Section 1.1 below, for the rents hereinafter reserved, for the term stated in Section 1.4 below, and upon and subject to the terms, conditions (including limitations, restrictions, and reservations), and covenants hereinafter provided. Each party hereby expressly covenants and agrees to observe and perform all of the conditions and covenants herein contained on its part to be observed and performed. The parties agree that the following table (the "Table") sets forth in summary form the basic terms of this Lease, as all of such terms as defined below: ---------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- Period Suite # Square Footage Monthly Base Pro Rata Share Base Year ---------------------------------------------------------------------------------------------- Decemb 1, 1998- B-C 1835 s.f. $2940.00 5.4% 1999 Novemb 30, 2001 ---------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- In the event of any conflict between the terms contained in the Table and the terms contained in subsequent sections of the Lease, the terms of the Table shall control, subject to any adjustments specifically provided for in any other provisions of the Lease.