Common use of Lease Period Clause in Contracts

Lease Period. 1. The lease contract shall be for a period of three (3) years, commencing only upon the LESSEE’s acceptance in writing as indicated in a Certificate of Acceptance to be issued by the LESSEE, after delivery of the Leased Premises to the LESSEE by the LESSOR. 2. The LESSOR hereby warrants the peaceful and undisturbed possession and occupancy by the LESSEE of the Leased Premises during the period of the lease. 3. This Contract of Lease may be renewed by the parties upon mutual agreement in writing and upon such terms as may be agreed upon by both parties and as provided for by law. Written notice to renew the Contract of Lease should be served by the LESSEE to the LESSOR at least sixty (60) days prior to the expiration of the original term of the lease. 4. The LESSEE may pre-terminate this Contract of Lease, with or without cause, without forfeiting its advance rentals and/or security deposits and without incurring any liability or any obligation whatsoever, including any liability or obligation to pay the rentals for the remaining term of the lease, by giving the LESSOR sixty (60) days written notice prior to the intended date of pre-termination. 5. Unless the parties agree to an extension of the period of the lease in accordance with law, as herein provided, the LESSEE shall peacefully vacate the Leased Premises and return or surrender the same to the LESSOR within sixty (60) days from the date of expiration of this Contract of Lease in as good condition as reasonable wear and tear will permit and without delay whatsoever, devoid of all occupants, furniture, articles and effects of any kind other than such alterations, additions, installations or improvements, except permanent improvements, as may be allowed in accordance herewith.

Lease Period. 1. The lease contract Contract shall be for a period of three six (36) yearsyears counted from the time of delivery by the LESSOR of the Leased Premises and its acceptance, commencing only upon in writing, by the LESSEE’s acceptance in writing LESSEE as indicated in a Certificate of Acceptance to be issued by the LESSEELESSEE up to June 30, after delivery 2023 or upon exhaustion of the Leased Premises to contract amount (as per ITB No. NPLRP17- ), based on the LESSEE by the LESSORincome sharing scheme (65/35), whichever comes first. 2. The LESSOR hereby warrants LESSEE may pre-terminate the peaceful and undisturbed possession and occupancy by lease, for any cause, without incurringany obligation whatsoever, such as ,but not limited to, the LESSEE payment of the Leased Premises during rentals for the remaining period of the lease, if any, by giving the LESSOR a sixty (60) day written notice. 3. This Contract of Lease may be maybe renewed by the parties upon mutual agreement in writing and upon such other terms as may be agreed upon by both parties parties,in accordance with law and as provided for by lawthe applicable government procurement rules and regulations. Written In case of a renewal, a written notice to renew the Contract of Lease should shall be served by the LESSEE to the LESSOR at least sixty six (606) days months prior to the expiration of the original term of the lease. 4. The LESSEE may pre-terminate this Contract of Lease, with or without cause, without forfeiting its advance rentals and/or security deposits and without incurring any liability or any obligation whatsoever, including any liability or obligation to pay the rentals for the remaining term of the lease, by giving the LESSOR sixty (60) days written notice prior to the intended date of pre-termination. 5. Unless the parties agree to an extension of the period of the lease ,in accordance with law, as herein provided, the LESSEE shall peacefully vacate the Leased Premises and return or surrender the same to the LESSOR within sixty (60) days sixty(60)days from the date of termination/expiration of this Contract of Lease in as good condition as reasonable wear and tear will permit and without delay whatsoever, devoid of all occupants, furniture, articles and effects of any kind other than such alterations, additions, installations or improvementsimprovements that the LESSEE may elect to remove, except without causing damage to the Leased Premises and permanent improvements, as may be allowed in accordance herewith.

Lease Period. 1. The lease contract Contract shall be for a period of three six (36) yearsyears counted from the time of delivery by the LESSOR of the Leased Premises and its acceptance, commencing only upon in writing, by the LESSEE’s acceptance in writing LESSEE as indicated in a Certificate of Acceptance to be issued by the LESSEELESSEE up to June 30, after delivery 2023 or upon exhaustion of the Leased Premises to contract amount (as per ITB No. LR18- 01-002CORB), based on the LESSEE by the LESSORincome sharing scheme (65/35), whichever comes first. 2. The LESSOR hereby warrants LESSEE may pre-terminate the peaceful and undisturbed possession and occupancy by lease, for any cause, without incurring any obligation whatsoever, such as, but not limited to, the LESSEE payment of the Leased Premises during rentals for the remaining period of the lease, if any, by giving the LESSOR a sixty (60) day written notice. 3. This Contract of Lease may be renewed by the parties upon mutual agreement in writing and upon such other terms as may be agreed upon by both parties parties, in accordance with law and as provided for by lawthe applicable government procurement rules and regulations. Written In case of a renewal, a written notice to renew the Contract of Lease should shall be served by the LESSEE to the LESSOR at least sixty six (606) days months prior to the expiration of the original term of the lease. 4. The LESSEE may pre-terminate this Contract of Lease, with or without cause, without forfeiting its advance rentals and/or security deposits and without incurring any liability or any obligation whatsoever, including any liability or obligation to pay the rentals for the remaining term of the lease, by giving the LESSOR sixty (60) days written notice prior to the intended date of pre-termination. 5. Unless the parties agree to an extension of the period of the lease lease, in accordance with law, as herein provided, the LESSEE shall peacefully vacate the Leased Premises and return or surrender the same to the LESSOR within sixty (60) days from the date of termination/expiration of this Contract of Lease in as good condition as reasonable wear and tear will permit and without delay whatsoever, devoid of all occupants, furniture, articles and effects of any kind other than such alterations, additions, installations or improvementsimprovements that the LESSEE may elect to remove, except without causing damage to the Leased Premises and permanent improvements, as may be allowed in accordance herewith.

Lease Period. 1. The lease contract Contract shall be commence from the date of receipt by the LESSOR of the Notice to Proceed for a period of three six (36) years, commencing only years or upon the LESSEE’s acceptance in writing as indicated in a Certificate of Acceptance to be issued by the LESSEE, after delivery exhaustion of the Leased Premises to Contract Amount of (PhP ) based on the LESSEE by the LESSORIncome Sharing Scheme (65/35) whichever comes first. 2. The LESSOR hereby warrants LESSEE may pre-terminate the peaceful and undisturbed possession and occupancy by lease, for any cause, without incurring any obligation whatsoever, such as, but not limited to, the LESSEE payment of the Leased Premises during rentals for the remaining period of the lease, if any, by giving the LESSOR a sixty (60) day written notice. 3. This Contract of Lease may be renewed by the parties upon mutual agreement in writing and upon such other terms as may be agreed upon by both parties parties, in accordance with law and as provided for by lawthe applicable government procurement rules and regulations. Written In case of a renewal, a written notice to renew the Contract of Lease should shall be served by the LESSEE to the LESSOR at least sixty six (606) days months prior to the expiration of the original term of the lease. 4. The LESSEE may pre-terminate this Contract of Lease, with or without cause, without forfeiting its advance rentals and/or security deposits and without incurring any liability or any obligation whatsoever, including any liability or obligation to pay the rentals for the remaining term of the lease, by giving the LESSOR sixty (60) days written notice prior to the intended date of pre-termination. 5. Unless the parties agree to an extension of the period of the lease lease, in accordance with law, as herein provided, the LESSEE shall peacefully vacate the Leased Premises and return or surrender the same to the LESSOR within sixty (60) days from the date of termination/ expiration of this Contract of Lease in as good condition as reasonable wear and tear will permit and without delay whatsoever, devoid of all occupants, furniture, articles and effects of any kind other than such alterations, additions, installations or improvementsimprovements that the LESSEE may elect to remove, except without causing damage to the Leased Premises and permanent improvements, as may be allowed in accordance herewith.

Lease Period. 1. The lease contract Contract shall be for a period commence from the date of three (3) years, commencing only upon the LESSEE’s acceptance in writing as indicated in a Certificate of Acceptance to be issued receipt by the LESSEE, after delivery LESSOR of the Leased Premises Notice to Proceed until June 30, 2023 or upon exhaustion of the LESSEE by Contract Amount of (PhP ) based on the LESSORIncome Sharing Scheme (65/35) whichever comes first. 2. The LESSOR hereby warrants LESSEE may pre-terminate the peaceful and undisturbed possession and occupancy by lease, for any cause, without incurring any obligation whatsoever, such as, but not limited to, the LESSEE payment of the Leased Premises during rentals for the remaining period of the lease, if any, by giving the LESSOR a sixty (60) day written notice. 3. This Contract of Lease may be renewed by the parties upon mutual agreement in writing and upon such other terms as may be agreed upon by both parties parties, in accordance with law and as provided for by lawthe applicable government procurement rules and regulations. Written In case of a renewal, a written notice to renew the Contract of Lease should shall be served by the LESSEE to the LESSOR at least sixty six (606) days months prior to the expiration of the original term of the lease. 4. The LESSEE may pre-terminate this Contract of Lease, with or without cause, without forfeiting its advance rentals and/or security deposits and without incurring any liability or any obligation whatsoever, including any liability or obligation to pay the rentals for the remaining term of the lease, by giving the LESSOR sixty (60) days written notice prior to the intended date of pre-termination. 5. Unless the parties agree to an extension of the period of the lease lease, in accordance with law, as herein provided, the LESSEE shall peacefully vacate the Leased Premises and return or surrender the same to the LESSOR within sixty (60) days from the date of termination/ expiration of this Contract of Lease in as good condition as reasonable wear and tear will permit and without delay whatsoever, devoid of all occupants, furniture, articles and effects of any kind other than such alterations, additions, installations or improvementsimprovements that the LESSEE may elect to remove, except without causing damage to the Leased Premises and permanent improvements, as may be allowed in accordance herewith.

Lease Period. 1. The lease contract shall be for a period of three (3) yearsyears from the time of delivery by the LESSOR of the Leased Premises and its acceptance, commencing only upon in writing, by the LESSEE’s acceptance in writing , as indicated in a Certificate of Acceptance to be issued by the LESSEE, after delivery of the Leased Premises to the LESSEE by the LESSOR. 2. The LESSOR hereby warrants the peaceful and undisturbed possession and occupancy by the LESSEE of the Leased Premises during the period of the lease. 3. This Contract of Lease may be renewed by the parties upon mutual agreement in writing and upon such terms as may be agreed upon by both parties and as provided for by law. Written notice to renew the Contract of Lease should be served by the LESSEE to the LESSOR at least sixty (60) days prior to the expiration of the original term of the lease. 4. The LESSEE may pre-terminate this Contract of Lease, with or without cause, without forfeiting its advance rentals and/or security deposits and without incurring any liability or any obligation whatsoever, including any liability or obligation to pay the rentals for the remaining term of the lease, by giving the LESSOR sixty (60) days written notice prior to the intended date of pre-termination. 5. Unless the parties agree to an extension of the period of the lease in accordance with law, as herein provided, the LESSEE shall peacefully vacate the Leased Premises and return or surrender the same to the LESSOR within sixty (60) days from the date of expiration of this Contract of Lease in as good condition as reasonable wear and tear will permit and without delay whatsoever, devoid of all occupants, furniture, articles and effects of any kind other than such alterations, additions, installations or improvements, except permanent improvements, as may be allowed in accordance herewith.

Lease Period. 1. The lease contract Contract shall be for a period commence from the date of three (3) years, commencing only upon the LESSEE’s acceptance in writing as indicated in a Certificate of Acceptance to be issued receipt by the LESSEE, after delivery LESSOR of the Leased Premises Notice to Proceed until June 30, 2023 or upon exhaustion of the LESSEE by Contract Amount of _ (PhP ) based on the LESSORIncome Sharing Scheme (65/35) whichever comes first. 2. The LESSOR hereby warrants LESSEE may pre-terminate the peaceful and undisturbed possession and occupancy by lease, for any cause, without incurring any obligation whatsoever, such as, but not limited to, the LESSEE payment of the Leased Premises during rentals for the remaining period of the lease, if any, by giving the LESSOR a sixty (60) day written notice. 3. This Contract of Lease may be renewed by the parties upon mutual agreement in writing and upon such other terms as may be agreed upon by both parties parties, in accordance with law and as provided for by lawthe applicable government procurement rules and regulations. Written In case of a renewal, a written notice to renew the Contract of Lease should shall be served by the LESSEE to the LESSOR at least sixty six (606) days months prior to the expiration of the original term of the lease. 4. The LESSEE may pre-terminate this Contract of Lease, with or without cause, without forfeiting its advance rentals and/or security deposits and without incurring any liability or any obligation whatsoever, including any liability or obligation to pay the rentals for the remaining term of the lease, by giving the LESSOR sixty (60) days written notice prior to the intended date of pre-termination. 5. Unless the parties agree to an extension of the period of the lease lease, in accordance with law, as herein provided, the LESSEE shall peacefully vacate the Leased Premises and return or surrender the same to the LESSOR within sixty (60) days from the date of termination/ expiration of this Contract of Lease in as good condition as reasonable wear and tear will permit and without delay whatsoever, devoid of all occupants, furniture, articles and effects of any kind other than such alterations, additions, installations or improvementsimprovements that the LESSEE may elect to remove, except without causing damage to the Leased Premises and permanent improvements, as may be allowed in accordance herewith.