Increasement Clause Samples

Increasement. In case the LESSEE wants to continue the LESSEE will have to pay escalation of 5% after the completion of ____ tenure of the lease agreement commencing from _____ 2021 and ending on _________. That the monthly rent for the lease of the Demised Premises is Rs._____________________ (Numbers in word ) per month. However, it has been agreed between the parties the rent will be paid in ______months in advance( 만약에 임차인이 원하면) for Rs.___________ only (Numbers in words Only). The LESSEE will pay _____ months’ advance rent thereafter. Prior to 15 days of vacation of property, both the parties should meet and assess the extent of damage being done at the premise. However, normal wear and tear over the course of time should be acceptable to Lessor. The rent fee that is in due can be adjusted with the security deposit.
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Related to Increasement

  • Assignment This Agreement may not be assigned by either party without prior written consent of the other party.

  • MANAGEMENT RIGHTS 3.01 The Union acknowledges that all management rights and prerogatives are vested exclusively with the Employer and without limiting the generality of the foregoing; it is the exclusive function of the Employer: (a) To determine and establish standards and procedures for the care, welfare, safety and comfort of the residents in the facility. (b) To maintain order, discipline and efficiency and in connection therewith to establish and enforce reasonable rules and regulations. (c) To hire, transfer, layoff, schedule, recall, promote, demote, classify, assign duties, discharge, suspend or otherwise discipline employees for just cause, provided that a claim of discriminatory transfer, promotion, demotion of classification or a claim that an employee has been discharged or disciplined without just cause, may be the subject of a grievance and dealt with as hereinafter provided. (d) To have the right to plan, direct, and control the work and direction of employees and the operation of the facility. This includes the right to introduce new and improved methods, facilities, equipment and to control the amount of supervision necessary, work schedules, the combining or splitting up of departments, and the increases or reduction of personnel in a particular area or on the whole. 3.02 The Employer will exercise these rights in a manner consistent with the Collective Agreement and apply the provisions of the Collective Agreement in a reasonable manner.

  • Amendments This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.

  • Waiver No waiver of any single breach or multiple breaches of any provision of this Agreement shall be construed to be a waiver of any breach of any other provision. No delay in acting regarding any breach of any provision shall be construed to be a waiver of such breach.

  • Notice The undersigned beneficial owner (the “Selling Stockholder”) of Registrable Securities hereby elects to include the Registrable Securities owned by it in the Registration Statement. The undersigned hereby provides the following information to the Company and represents and warrants that such information is accurate: