Common use of Premises Term and Use Clause in Contracts

Premises Term and Use. RENTABLE AREA 2.01 The Rentable Area of the Premises is approximately 4,045 square feet. TERM 2.02 The Tenant to have and to hold the Premises for a term of 5 years and 5 months (herein called the "Term") commencing on the 1st day of January 1997 (herein called the "Commencement Date") and expiring on the 31st day of May 2002 unless sooner terminated pursuant to any provision hereof. USE AND CONDUCT OF BUSINESS 2.03 The Tenant shall use the Premises only as business offices and for no other purpose whatsoever and the Tenant shall conduct its business in the Premises in a reputable and first-class manner. RIGHT OF LANDLORD RELOCATE 2.04 The Landlord shall have the right at any time during the Term or during any extension or renewal thereof to make minor alterations to the Premises within the Office Tower. The Landlord agrees to consult with the Tenant with a view to obtaining agreement regarding such alteration and failing such agreement, the Landlord may terminate this Lease, upon written notice to the Tenant of not less than 90 days. In the event of any such minor alterations to the Premises, the Landlord agrees to cause as little disruption to the Tenant as reasonably possible in the circumstances and to bear all costs reasonably incurred by the Tenant and resulting directly from such alteration to the 4 <PAGE> Premises. However, the Landlord shall not be liable for any other expenses or damages whatsoever resulting from such minor alterations. ARTICLE 3 -

Appears in 1 contract

Samples: www.sec.gov

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