Lease Agreement Term Sample Clauses

Lease Agreement Term. This Lease Agreement commences at 12:01 AM on the Effective Date and shall expire or terminate at 11:59 PM on April 30, 2025 (“Lease Term”). The Tenant shall have the right to extend the initial Lease Term as detailed in the Lease Agreement section entitled “Option to Renew.” Upon termination, this Agreement shall be of no further force or effect and the parties shall have no further obligation or liability hereunder.
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Lease Agreement Term. It is anticipated that the lease between the Building Authority and the County will run for a period of at least Fifteen
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Lease Agreement Term. 2.1. The Apartment lease term, the leasable Apartment category shall be set in accordance with the Registration Card to be signed by the Tenant when getting settled in the Apartment.
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Lease Agreement Term. § 1. Commencement of Lease Agreement 1. LA shall be concluded when it is signed by both Parties, in accordance with their rules of representation vis-à-vis third parties. LR hereby confirms that in order for them to be effectively represented, LA shall always be signed by two persons authorised to represent LR or, if only one person signs LA and a copy of LA is left with LE, the conclusion of LA shall be confirmed in writing by the other person authorised to represent LR. 2. If LA is not signed simultaneously by both Parties (including if it is signed by only one of the persons authorised to represent LR and a copy of LA is left with LE), LE, being the first to sign LA, shall extend to LR an offer of concluding LA in the wording adopted in the signed agreement and LE shall be bound by such an offer for the period of three months from the date of signature. If LR does not accept LE's proposal, Article 6(3)(3) shall apply accordingly. § 2. Expiry and termination of Lease Agreement 1. LA shall expire in the following circumstances: loss of A, disappearance of A, irreparable damage of A, destruction of A or LR's withdrawal from SA due to a defect of A, on the basis of a prior written request from LE to LR to withdraw from SA. 2. LE shall immediately notify LR in writing of the loss, disappearance, irreparable damage or destruction of A (in either case confirming it by a notification to the insurer or law enforcement or by a decision of the insurance company stating Total Damage of A). 2. LE shall be required to indicate the location of the salvage of A. 3. LA shall expire on the day of the event referred to in Paragraph 1 above and LE shall be obliged to pay the full amount of PLP for the month in which such event occurred. 4. If LA expires for the reasons set out in Paragraph 1 above, in addition to LE's obligation to pay all PLP due by the date of expiry of LA, LR may claim from LE compensation amounting to the sum of all PLP provided for herein but not due by the date of expiry, less the benefits referred to in Paragraph 5 below. Payment shall be made within the time limit specified by LR in their written request. 5. In determining the amount of compensation referred to in Paragraph 4 above, account shall be taken of the benefits of LR under insurance of A (provided that LR concluded an insurance contract under Article 4(5) of LA) and under the expiry of LA - such benefits being understood as the compensation received by LR from the insurer and, where appli...
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Lease Agreement Term a. The term of the Concession Lease Agreement will be negotiable to include a minimum term of one (1) year but may extend to include five (5) to twenty-five (25) years in length from the Agreement execution.
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Related to Lease Agreement Term

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • 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.

  • Term of the Lease The lease begins at p.m. on (the “Check-in Date”) and ends at a.m. on (the “Checkout Date”).

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • TERM OF LEASE This Lease shall commence on the date of ________ and shall continue until its natural termination under this part on the date of ________ at 11:59 PM. After the date of termination, this Lease shall automatically renew and shall continue for the same term amount until Landlord or Tenant undertake cancellation of this Lease in writing. At the expiration of this Lease, Tenant shall be responsible for providing a forwarding address to Landlord to receive any funds owed or other notices.

  • Sublease Term The term of the Sublease (“Sublease Term”) commences on the later to occur of (1) Sublandlord’s receipt of Prime Landlord’s written consent to this Sublease, and (2) October 1, 2009 (“Sublease Commencement Date”); and expires on January 28, 2018 (“Sublease Expiration Date”; i.e., the day prior to the Termination Date pursuant to the Prime Lease). Sublandlord shall deliver the Subleased Premises “broom clean” and free of all of Sublandlord’s personal property (other than the F&F (defined in Section 2(f))) and debris, but otherwise in “AS IS, WHERE IS” condition on the Sublease Commencement Date; provided that Subtenant shall not be responsible for, or required to remedy, any violation of any applicable law, or any condition or state of facts, with respect to the Subleased Premises, the Building or the Land existing on or prior to the Sublease Commencement Date. Sublandlord is not required to perform any work to prepare the Subleased Premises for Subtenant’s intended use. If (i) for any reason Sublandlord has not received Prime Landlord’s written consent to this Sublease in form required by Section 15(i) below by the date which is sixty (60) days from the date hereof, or (ii) Prime Landlord elects to terminate the Prime Lease in respect of the Subleased Premises pursuant to Prime Landlord’s recapture right set forth in Section 16.5 of the Prime Lease, then in the case of (i), then Sublandlord and Subtenant each may elect at any time thereafter to terminate this Sublease by written notice to the other, whereupon the parties shall deem this Sublease to be null and void and of no effect (except for those provisions expressly stated herein to survive a termination), and in the case of (ii) the Sublease will be deemed terminated in accordance with Section 16.5 of the Prime Lease.

  • Initial Contract Term The Initial Contract Term shall be for two years. The Initial Contract Term shall begin on October 1, 2021, or on the last date the Contract is signed by all Parties, whichever is later. The Contract shall expire on October 1, 2023, unless terminated earlier in accordance with the Special Contract Conditions or Additional Special Contract Conditions.

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment.

  • Lease Term The terms and provisions of this Lease shall be effective as of the date of this Lease. The term of this Lease (the “Lease Term”) shall commence on the “Lease Commencement Date,” as that term is set forth in Section 3.2 of the Summary, and shall terminate on the “Lease Expiration Date,” as that term is set forth in Section 3.3 of the Summary, unless this Lease is sooner terminated as hereinafter provided. Tenant hereby acknowledges that the Premises are currently occupied by another tenant of the Building. If Landlord is unable for any reason to deliver possession of the Premises to Tenant on any specific date , then Landlord shall not be subject to any liability for its failure to do so, and such failure shall not affect the validity of this Lease or the obligations of Tenant hereunder. For purposes of this Lease, the term “Lease Year” shall mean each consecutive twelve (12) month period during the Lease Term. At any time during the Lease Term, Landlord may deliver to Tenant a notice in the form as set forth in Exhibit C, attached hereto, as a confirmation only of the information set forth therein, which Tenant shall execute and return to Landlord within ten (10) business days of receipt thereof; provided, however, Tenant’s failure to execute and return such notice to Landlord within such time shall be conclusive upon Tenant that the information set forth in such notice is as specified therein. In addition to the foregoing, subject to any delays caused by Tenant or any Tenant Parties and events of Force Majeure, if Landlord fails to tender possession of the Premises to Tenant on or before January 2, 2015 (the “Base Rent Delivery Date”), Tenant shall be entitled to one (1) day of per diem Base Rent abatement for each day commencing on the day after the Base Rent Delivery Date and ending on the date Landlord so tenders possession of the Premises to Tenant. Any such Base Rent Abatement shall be separate from and in addition to any Rent Abatement described in Section 3.2 below.

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

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