Common use of PERIOD OF THE LEASE Clause in Contracts

PERIOD OF THE LEASE. The period of this Lease shall be for Twenty-seven (27) years from this day which may be renewed at the option of the Lessee and Lessor for further period, on such mutually agreeable terms as may be agreed at the time of renewal, by both the parties, by executing and registering separate Lease Agreement.

Appears in 3 contracts

Samples: Model Lease Agreement, Model Lease Agreement, Model Lease Agreement

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PERIOD OF THE LEASE. The period of this Lease Agreement shall be for Twentytwenty-seven (27) years from this day the Effective Date (“Lease Period”) which may be renewed at the option of the Lessee and Lessor for further period, on such mutually agreeable terms as may be agreed at the time of renewal, by both the partiesParties, by executing and registering a separate Lease Agreementlease agreement.

Appears in 1 contract

Samples: Lease Agreement

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PERIOD OF THE LEASE. The period of this Lease shall be for Twenty-seven six (2726) years from this day which may be renewed at the option of the Lessee and Lessor for further period, on such mutually agreeable terms as may be agreed at the time of renewal, by both the parties, by executing and registering separate Lease Agreement.

Appears in 1 contract

Samples: Model / Sample Lease Agreement

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