Demised Premises Clause Examples
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Demised Premises. The premises leased shall consist of: (Check one)
Demised Premises. 1.1 The Landlord shall let and the Tenant shall take for the Term (as defined in Clause 3) at the Base Rent (as defined in Clause 4), Service Charge (as defined in Clause 4), A&P Charges (as defined in Clause 4) and (where applicable) Additional Rent (as defined in Clause 4) and upon the covenants and conditions herein set out in respect of the premises as more particularly described in paragraph 1 of Schedule 1 and delineated and coloured red on the plan annexed hereto in Schedule 2 (for the purpose of identification only) (“Demised Premises”) with an area set out therein subject to the Landlord’s final survey (if any) being part of the Station as stated in paragraph 2 of Schedule 1 (“Station”) together with the right for the Tenant and others duly authorised by the Tenant in common with the Landlord and all others so authorised by the Landlord and all others so entitled thereto at all times during the Term for all purposes connected with the permitted use of the Demised Premises but not for any other purposes.
1.2 This letting is subject to the following rights of the Landlord and SMRT and their respective authorised persons:
(i) to run the utilities and air-conditioning services (if any) and other services through the conducting media in the Demised Premises;
(ii) to erect scaffolding for renovating, retrofitting, refurbishing, altering, repairing, cleaning or painting the Demised Premises even if the scaffolding temporarily restricts access to or the use and enjoyment of the Demised Premises; and
(iii) to enter the Demised Premises according to the provisions of the Sub- Lease.
AREA 2.1 The Area of the Demised Premises is described in paragraph 1 of Schedule 1. The Parties agree that:
(i) before the Area of the Demised Premises is determined by the Surveyor, the Area shall be known as the Estimated Floor Area; and
(ii) upon determination of the Area of the Demised Premises by the Surveyor, all references to Area in this Lease shall be known as the Agreed Floor Area.
Demised Premises. The demised premises consisting of the entire sixth floor of the building (hereinafter “Building”) located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Boston, Massachusetts, which demised premises are shown on Exhibit A attached hereto, containing 15,088 square feet of rentable floor area (hereinafter the “Premises”). Said Building contains an aggregate total rentable area of 211,232 square feet. Tenant shall have, as appurtenant to the Premises, the non-exclusive right and easement to use in common with others entitled thereto (a) common facilities (hereinafter “Common Facilities”) in the Building and on the land on which it is located (said Building and land are hereinafter “Landlord’s Property”) including without limitation, sidewalks, lobbies, hallways, stairways, entranceways, exterior spaces, common washrooms and such other facilities available to all tenants of the Building as may be designated from time to time by the Landlord (subject to the last sentence of this paragraph), and (b) the pipes, ducts, conduits, utility lines, wires, sewerage system and appurtenant equipment serving the Premises. Tenant’s rights hereunder shall always be subject to the reasonable rules and regulations from time to time established by Landlord, as provided in Section 23B hereof, provided such rules and regulations shall not materially interfere with Tenant’s Permitted Use (hereinafter defined) of the Premises. Landlord reserves and shall have the unrestricted right to change the location, size or character of any of the Common Facilities, provided such changes do not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use. EXCEPTED AND EXCLUDED from the Premises are the exterior walls and any space currently or (if same does not materially decrease the size of the Premises or materially adversely affect Tenant’s use of the Premises for the Permitted Use) in the future necessary to install, maintain and operate, by means of pipes, ducts, wires, meters, vents, flues, conduits, utility lines, fan rooms, shafts, stacks, utility closets, janitor closets, stairways or otherwise those utilities and services required for Landlord’s Property, Common Facilities thereof and tenant premises (including the Premises). Landlord, its agents, contractors and employees shall have the right of access to and entry on the Premises for the purposes of such installation, maintenance or operation or for the purposes of making repairs, altera...
Demised Premises. Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord’s right, title and interest in and to the following assets and interests as described in Section 1.1(a)-(c) below (individually and collectively, as the context may require, as one economic unit, the “Demised Premises”), further subject to the terms, covenants and conditions in Section 1.1(d)-(f) below:
(i) Prior to the Multi-Tenant Occupancy Date with respect to each individual Property, all of such Property and (ii) after the Multi-Tenant Occupancy Date, the portion of each individual Property on which the Store and all Leased Improvements (as hereinafter defined) is located (but excluding, in each case, all real property which is (y) subject to a Lease (as hereinafter defined) as of the date hereof or (z) part of the Common Areas (except the Exclusive Store Areas, as hereinafter defined) (subject to Tenant’s rights to use the Common Areas as provided herein), collectively, the “Land”);
(i) all buildings, structures, Fixtures (as hereinafter defined) and other improvements of every kind now or hereafter located on the Land (as the Land may be constituted before or after the Multi-Tenant Occupancy Date, as applicable), including, as applicable, the Store, all free-standing buildings and all other buildings and improvements connected thereto (including all physical entranceways to an adjacent mall to the extent located in the wall of a Store or other such building), together with (ii) prior to the Multi-Tenant Occupancy Date with respect to each individual Property, (A) all alleyways and connecting tunnels, passageways and entranceways to any adjacent malls, shopping centers or other third-party properties, sidewalks, utility pipes, conduits and lines (on-site and off-site to the extent Landlord has any interest in the same), and (B) all parking areas and roadways appurtenant to such buildings and structures (collectively, the “Leased Improvements”); provided, that “Leased Improvements” shall exclude any asset not constituting “real property” as that term is defined in Treasury Regulations § 1.856-3(d);
(c) All equipment, machinery, fixtures, and other items of property, including all components thereof, that (i) are now or hereafter located in, on or used in connection with and permanently affixed to or otherwise incorporated into the Leased Improvements and (ii) qualify as Long-Lived Assets, together with all repla...
Demised Premises. In addition to the Fuel Facilities described in Article 1, Paragraph 1.3, Company hereby agrees to lease in common with others from the Authority land containing approximately 226,076 square feet, more or less, underlying the Fuel Storage Facilities, the location of which is further described on Exhibit "B" attached hereto and incorporated herein by reference. The elements described in Paragraphs 1.3, 3.1, 3.2 and 3.3 shall be hereinafter collectively referred to as the "Demised Premises".
Demised Premises. Landlord hereby leases to Tenant, for the Initial Term and any Renewal Term(s) of this Lease (as those terms are defined herein), and Tenant hereby rents from Landlord, subject to the terms and conditions set forth herein, the Demised Premises.
Demised Premises. Landlord hereby lets and demises to Tenant, and Tenant hereby leases from Landlord that portion of the real property, described in Exhibit A attached hereto and by reference made a part hereof (the "Demised Premises").
Demised Premises. The premises leased shall consist of: (Check one) ☐ A building ☐ An office space in the building complex ☐ A retail store in the building complex ☐ A restaurant in the building complex ☐ An industrial space in the building complex ☐ A warehouse in the building complex ☐ Other: __________ (☐ known as "__________" [Name of building complex]) (the “Real Property”) located at __________ (the “Demised Premises”).
Demised Premises. The Lessee acknowledges that, except as may expressly be set forth herein, it has not relied upon any representation or statement of the State or its officers, employees or agents as to the suitability of the Demised Premises for its Use, as that term is defined in Section 4 of this Lease. Without limiting any obligation of the Lessee stated in this Lease Agreement, the Lessee agrees that no portion of the Demised Premises will be used initially or at any time during the Term of this Lease and any extension or holdover thereof, that is in a condition unsafe or improper for the conduct of the Lessee's Use, as that term is defined in Section 4 of this Lease, so that there is a likelihood of injury or damage to life or property. For all purposes of this Lease Agreement, the Demised Premises hereunder (notwithstanding any statement elsewhere in this Lease Agreement of any rule for the measurement of the area thereof) shall be deemed to include all of the enclosing partitions and exterior surfaces thereof and the glass included therein.
Demised Premises. Commencing on the date that Landlord delivers to Tenant possession of the Additional Expansion Space (the “Additional Expansion Space Delivery Date”), with Landlord’s Work therein Substantially Complete (as set forth in Section 5 below), and continuing thereafter during the remainder of the Current Term and the Extended Term (hereinafter collectively referred to as the “Term”) of the Lease, Section 1(A) of the Lease is hereby modified and amended to provide that the Demised Premises shall include the Additional Expansion Space in addition to the Original Premises. Landlord does hereby lease unto Tenant, and Tenant does hereby take and rent from Landlord, commencing as of the Additional Expansion Space Delivery Date, the Additional Expansion Space pursuant to the Lease as hereby amended. Landlord shall provide Tenant with at least fifteen (15) days written notice prior to the Additional Expansion Space Delivery Date. As of the Additional Expansion Space Delivery Date, the Original Premises together with the Additional Expansion Space shall for all purposes and provisions of the Lease collectively be referred to as the “Demised Premises” or the “Premises” and shall be deemed to contain 32,805 rentable square feet, all as more particularly shown and outlined on the drawing of said Demised Premises attached hereto as Exhibit “B” and made a part hereof.
2.1 Tenant agrees to execute and return to Landlord within fifteen (15) days of receipt a statement furnished by Landlord acknowledging Tenant’s acceptance of Landlord’s delivery of possession of the Additional Expansion Space and setting forth the actual Additional Expansion Space Delivery Date and commencement of all of Tenant’s covenants and obligations under the Lease as to the Additional Expansion Space, and changes, if any, in the rental schedule set forth in Section 3 below. Said statement shall be similar in form to the Certificate attached hereto as Exhibit “D” and made a part of this Amendment.