Initial Leased Premises Sample Clauses
The "Initial Leased Premises" clause defines the specific area or portion of a property that the tenant is entitled to occupy at the start of the lease term. This clause typically details the exact location, size, and boundaries of the leased space, often referencing floor plans or suite numbers to avoid ambiguity. By clearly identifying the initial premises, the clause ensures both parties understand the scope of the tenant's rights and obligations from the outset, thereby preventing disputes over space usage and establishing a clear baseline for any future changes or expansions.
Initial Leased Premises. Landlord leases to Tenant and Tenant leases from Landlord ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, situated in the City of ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇: containing approximately 4,797 rentable square feet of space (“Leased Premises”), which Leased Premises are located in a multi-tenant complex, commonly known at this time as ▇▇▇ Arbor Commerce Center which is zoned M-1, Limited Light Industrial, consisting of a total of approximately 141,335 rentable square feet situated on approximately 9.78 acres of land as legally described on Exhibit “B” attached hereto hereinafter referred to as the “Complex”, together with a non-exclusive right to use the Common Areas, hereinafter defined. Exhibit “A” attached hereto shows the approximate configuration of the Leased Premises as of the date of this Lease.
Initial Leased Premises. Designate the premises leased pursuant to the Initial Lease, the designation of which is specified in Article CP.
Initial Leased Premises. As of the Effective Date, a residential apartment on the second floor of the Building (the “Apartment”) is leased by a third party (the “Month to Month Tenant”) pursuant to an oral, month to month lease (the “Month to Month Lease”). From and after the Effective Date until the date that the Month to Month Lease has terminated and the Month to Month Tenant has vacated the Apartment (the “Transition Date”), the Leased Premises shall consist of the Land, the Building, and all other improvements located on the Land except for the Apartment (the “Initial Leased Premises”). Prior to the Transition Date, Tenant shall provide access over and through the Initial Leased Premises to the extent reasonably necessary for the Month to Month Tenant to use and occupy the Apartment in a manner substantially similar to the Month to Month Tenant’s use and occupancy of the Apartment immediately prior to the Effective Date.
Initial Leased Premises. As of the Commencement Date, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Initial Leased Premises, under the terms and conditions herein, together with a non-exclusive right, in common with others, to use the following (collectively, the “Common Areas”): the areas of the Building and the underlying land and improvements thereto that are designed for use in common by all tenants of the Building and their respective employees, agents, customers, invitees and others. Additionally, the Initial Leased Premises shall include the exclusive right of Tenant and Tenant’s invitees to use seventy five (75) parking spaces (54 spaces in “Lot A” and 21 spaces in “Lot C” as designated on Exhibit G attached hereto).
Initial Leased Premises. The Commission will be earned and paid 50% within 30 days of execution of the Lease between the Landlord and the Tenant, and the remaining 50% at Tenant occupancy.
Initial Leased Premises. Authority hereby leases to Concessionaire and Concessionaire leases from Authority, for the use and purposes described in Article 3 below, and subject to the terms, covenants, and conditions contained in this lease, the following described real property (collectively, the “leased premises"), located in the terminal building at Southwest Florida International Airport, in the