Common use of Demise Term Clause in Contracts

Demise Term. 2.1 LESSOR, for and in consideration of the covenants hereinafter contained and made on the part of the LESSEE, does hereby demise and lease to LESSEE, and LESSEE does hereby hire from LESSOR, the Demised Premises, together with the non exclusive right to use the portions of the Premises intended for common use, subject, however, to the terms and conditions of this Lease. (a) The term (the “Term”) of this Lease shall commence on the Commencement Date and shall end on the Termination Date.

Appears in 1 contract

Sources: Lease Agreement (Millennium Healthcare Inc.)

Demise Term. 2.1 2.1. LESSOR, for and in consideration of the covenants hereinafter contained and made on the part of the LESSEE, does hereby demise and lease to LESSEE, and LESSEE does hereby hire from LESSOR, the Demised Premises, together with the non exclusive right to use the portions of the Premises intended for common use, subject, however, to the terms and conditions of this Lease. (a) 2.2. The term (the "Term") of this Lease shall commence on the Commencement Date and shall end on the Termination Date.

Appears in 1 contract

Sources: Ground Lease Agreement (Aes Red Oak LLC)