DESCRIPTION OF PREMISES; LEASE TERM; MONTHLY LEASE RATES Sample Clauses

DESCRIPTION OF PREMISES; LEASE TERM; MONTHLY LEASE RATES a. The Lessor hereby leases to the Lessee and the Lessee hereby leases from the Lessor the Premises described below: All space within the office building, all space within the parking garage, and all real property located at 000 Xxxx 0xx Xxxxxx in Anchorage, Alaska further described as Xxx 0X, Xxxxx 00, xx xxx Xxxxxxxx Xxxxxxxx of Anchorage, according to the official plat thereof, Third Judicial District, State of Alaska; and all space located within the building and all real property located at 000 Xxxx 0xx Xxxxxx in Anchorage, Alaska further described as Xxx 0 X 00.0’ Xxxxx 00 Xxxxxxxx Xxxxxxxx of Anchorage. On the Effective Date as defined in Section 1(b) below, the Lease shall be for the Existing Premises. On the schedule as set forth in Exhibit “B-1” the Premises will be renovated and expanded as described in Exhibit “A” (“LIO Approval Plans”) (hereinafter the “Renovations”). Following completion of the Renovations, the Premises will include approximately 64,048 gross square feet of building space and approximately 86 off- street parking spaces with the spaces striped as directed by Lessee.
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Related to DESCRIPTION OF PREMISES; LEASE TERM; MONTHLY LEASE RATES

  • Lease of Premises Subject to and upon the terms and conditions set forth herein, Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord.

  • Lease Terms 8.1. The Tenant must observe and perform all conditions and covenants that apply to the Allotment Site contained in any lease under which the Council hold the Allotment Site.

  • Initial Lease Term The Initial Lease Term is for a minimum of ten (10) years; however, the State will consider a longer lease term if economic benefits are deemed to be in the State’s best interest. Please propose a fixed, or flat, rental rate for a Gross Lease: including all expenses – taxes, insurance, janitorial services, maintenance, etc. The State may elect to pay for utilities separately so please include a cost per square foot to reduce the rental rate if such occurs.

  • DESCRIPTION OF PREMISES Landlord does hereby demise, lease and let unto Tenant, and Tenant does hereby take and receive from Landlord the following:

  • Monthly Rent The rent amount for the initial period shall be: _ Dollars ($_ ) paid on the _ (#) day of every month and: (check one) ☐ - Shall remain the same during the Initial Term. ☐ - Shall increase during the Initial Term as follows: 1st Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ ) 2nd Period: • From _ _ (mm/dd/yyyy), to _ (mm/dd/yyyy). • Monthly Rent: _ _ Dollars ($ )

  • MAINTENANCE OF CONCESSION PREMISES A. Concessionaire shall preserve and maintain the Concession Premises in good and clean condition, reasonable wear and tear excepted. Concessionaire is solely responsible for the maintenance and cleanliness of the Concession Premises.

  • LEASE TYPE This Agreement shall be considered a: (check one) ☐ - Fixed Lease. The Tenant shall be allowed to occupy the Premises starting on , 20 and end on , 20 (“Lease Term”). At the end of the Lease Term and no renewal is made, the Tenant: (check one) ☐ - May continue to lease the Premises under the same terms of this Agreement under a month-to-month arrangement. ☐ - Must vacate the Premises.

  • DESCRIPTION OF LEASED PREMISES The Lessor agrees to lease to the Lessee the following described square feet (SF) of [type of space] located at [street address], State of . Additional Description: . Hereinafter known as the “Premises”.

  • Month-to-Month Lease The Tenant shall be allowed to occupy the Premises on a month-to-month arrangement starting on , 20 and ending upon notice of days from either Party to the other Party (“Lease Term”).

  • USE OF LEASED PREMISES The Lessor is leasing the Premises to the Lessee and the Lessee is hereby agreeing to lease the Premises for the following use and purpose: . Any change in use or purpose the Premises other than as described above shall be upon prior written consent of Lessor only.

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