Common use of Term and Rent Clause in Contracts

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used for a term to commence on the day of 20 , and to terminate on the day of , 20 , (unless such term shall sooner cease and expire or be terminated as hereinafter provided), at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent in advance on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof or any renewal thereof, of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments thereto.

Appears in 1 contract

Samples: Agreement of Lease

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Term and Rent. Landlord hereby leases The lease term shall commence as of the date that any of me Equipment is delivered to Tenant Lessee or Lessee's Agent or consigned to a carrier for shipment to Lessee or Lessee's Agent (Commencement Date). The term shall continue until the apartment known obligations of the Lessee under the lease shall have been truly performed. Advance rentals shall not be refundable if the lease term for any reason does not commence or if this lease is duly, terminated by Lessor. The installments of rent shall be payable periodically in advance as apartment Noindicated above. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used for a term to commence It* first such payment being due on the Commencement Date, or such later date as Lessor designates in writing, and subsequent payments due on the same day of 20 , and to terminate on each successive rent Period thereafter until the day balance of , 20 , (unless such term shall sooner cease and expire or be terminated as hereinafter provided), at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent or expenses chargeable to Lessee under this lease shall have been paid in advance on full. If a security deposit is indicated above. the first day same shall be held by lessor to secure me faithful performance of each month during said term, the lease and small be refunded to Lessee at the office satisfactory expiration of Landlord the lease without interest. SEE REVERSE SIDE FOR ADDITIONAL TERMS AND CONDITIONS WHICH ARE PART OF THIS LEASE. -------------------------------------------------------------------------------- LESSOR : Credential Leasing Corp of Florida, Inc CORPORATE RELATIONS GROUP, INC. By:________________________ By:____________________________ Date:______________________ _______________________________ ----------------------------------------------------------------------------- To Induce Lessor to enter into the within Lease the undersigned unconditionally guarantee to Lessor the prompt-payment when due of all of Lessee's obligations to Lessor under the Lease Lessor shall not be required to proceed against Lessee or such the Equipment or enforce any other place as Landlord remedy before proceeding against the undersigned. The undersigned agrees to pay all attorneys' fees and other expenses; Incurred by Lessor by reason of default by Lessee or the undersigned. The undersigned waives notice of acceptance hereof and of all other notices or demands of any kind to which the undersigned may designatebe entitled. The undersigned consorts to any extensions or modifications granted to Lessee and the release and/or compromise of any obligations of Lessee or any other obligors and guarantors without In any way releasing the undersigned from his or her obligation naiCroundoc This is a continuing Guaranty and shall not be discharged or affected by death of the undersigned. "I bind the heirs. administrators. representatives, without successors and assigns of undersigned. and may be enforced by or for the benefit of any setoff assignee or deduction whatsoever, except solicitor of Lessor. The undersigned agrees that Tenant shall pay in the first full monthly installment on event of any litigation filing from the execution hereof (unless this Lease be a renewal). If the term subject matter of this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment liability shall be applied first toward brought. at Lessor's option, in a pro rata portion court of rorniow tent )udedimion in o4hor Patirn Eissich or Broward County. Florida- The undefsonsid further agree to be bound by all of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof Lease Agreement as it a Lessee and agree shall be font and several won the Losia". Tt*, personal guaranty small extend to any fund all other Lessee heretofore or hereafter executed between the Lessor and any renewal thereof, of Tenant’s intention not to renewOf the hfh. unleas spocilrallili excluded In willing. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to personal guaranty small confinuo In onect urail lerfrinated In nfing by the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, Personal Guarantor: and in that event, and only in that event, Tenant shall have event &hail rot release the option to cancel this Personal Guarantor from kabilky to( any Lease and vacate the Apartment Agreement before or within sixty (60) 30 days after notice Leesors receipt of such rent increase has been given to Tenant, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord Notice of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments theretoTermination.

Appears in 1 contract

Samples: Lease Agreement (Stratcomm Media LTD)

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, on a month to be used for a term month basis to commence on the day of 20 , and to terminate on the day of , 20 , or when Tenant occupies the Apartment, whichever is sooner, and to terminate on thirty (30) days written notice by Landlord to Tenant (unless such term shall sooner cease and expire or be terminated as hereinafter provided), at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent in advance on the first day of each month during said term at the office of Landlord or such on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of occupancy under this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This hereunder and the Lease shall be renewed automatically at deemed to commence on the end first day of the term next calendar month. Tenant acknowledges that he has been informed and is aware that Landlord was sponsored by for the purpose of providing housing for its staff members, employees or any renewal thereof students and their immediate families and for successive terms aged and handicapped persons of year(s) upon low income and that the same terms and conditions unless Apartment leased hereby is leased to Tenant with the understanding that the Tenant notifies Landlordis a staff member, in writing, by certified mail, at least one calendar month prior to the expiration employee or student of the term hereof above sponsor, or any renewal thereof, a similar institution or is an aged or handicapped person of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to low income as defined in the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this LeaseLaw. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least lease thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law Law or any amendments thereto.

Appears in 1 contract

Samples: Agreement of Lease

Term and Rent. Landlord hereby leases to Tenant The Lease will be effective when accepted by Lessor and shall continue for the apartment known as apartment Noterm stated in the Lease and thereafter until all of the obligations of the Lessee under the Lease are fully paid and performed. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used for a term to The Rental payments shall commence on the day first date that any of 20 the Equipment is delivered to Lessee or Lessee's agent or such later date as Lessor designates in writing (the "Commencement Date"), and to terminate subsequent payments shall be due on the day of , 20 , (unless such term shall sooner cease and expire or be terminated as hereinafter provided), at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent in advance on the first same day of each successive month during said term, for the Term. Advance rentals shall not be refundable if the Lease does not commence for any reason. Rentals shall be payable monthly in advance as stated in the Lease. All payments shall be made to Lessor at the office of Landlord address set forth herein or such other place address as Landlord Lessor may in writing designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion Time is of the monthly installment essence with respect to all payments and other obligations of rent payable hereunder in respect of Lessee under the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof or any renewal thereof, of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased SEE REVERSE SIDE OF THIS FORM FOR THE ADDITIONAL TERMS OF THE LEASE LESSOR: WASCO FUNDING CORP. LESSEE: TELECONVERSANT LTD.,INC. By:/s/ , Mgr. /s/ , Pres --------------------------------- ---------------------------------- Authorized Signature Title Authorized Signature Title Accepted: September 20, 1995 Dated Executed by reason of an order of the Commissioner made pursuant to the LawLessee: July 20, then1995 5. ASSIGNMENT; WAIVER OF DEFENSES. LESSOR MAY, in that eventWITHOUT NOTICE TO OR CONSENT BY LESSEE, and only in that eventASSIGN THE LEASE, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to TenantANY RENTALS, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained hereinOR ANY OTHER SUMS DUE OR TO BECOME DUE UNDER THE LEASE, OR TRANSFER OR GRANT A SECURITY INTERST IN ANY OF THE EQUIPMENT, AND IN SUCH EVENT LESSOR'S ASSIGNEE OR SECURED PARTY SHALL HAVE ALL OF THE RIGHTS, POWERS, PRIVILEGES AND REMEDIES OF LESSOR HEREUNDER, NO ASSIGNEE SHALL BE BOUND TO PERFORM ANY DUTY, COVENANT, CONDITION OR WARRANTY OF LESSOR. This Lease is subject to the powersLESSEE AGREES NOT TO RAISE ANY CLAIM OR DEFENSE WHICH LESSEE MAY HAVE AGAINST LESSOR ARISING OUT OF THE LEASE OR OTHERWISE AS A DEFENSE, rights and privilegesCOUNTERCLAIM OR OFFSET TO ANY ACTION BY ASSIGNEE OR SECURED PARTY HEREUNDER, and the restrictions and limitations thereonLESSEE AGREES THAT AFTER RECEIPT BY LESSEE OF WRITTEN NOTICE OF AN ASISGNMENT FROM LESSOR OR FROM LESSOR'S ASSIGNEE, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments theretoALL RENT AND OTHER AMOUNTS WHICH ARE THEN AND THEREAFTER DUE UNDER THE LEASE SHALL BE PAID TO SUCH ASSIGNEE AT THE PLACE OF PAYMENT DESIGNATED IN SUCH NOTICE. LESSEE SHALL NOT ASSIGN THE LEASE OR ANY INTEREST IN THE LEASE OR IN THE EQUIPMENT NOR ENTER INTO ANY SUBLEASE WITH RESPECT TO ANY OF THE EQUIPMENT WITHOUT LESSOR'S PRIOR WRITTEN CONSENT. ANY PURPORTED ASSIGNMENT OR SUBLEASE BY LESSEE WITHOUT THE PRIOR WRITTEN CONSENT OF LESSOR SHALL BE VOID.

Appears in 1 contract

Samples: Call Points Inc

Term and Rent. Landlord hereby leases (A) The initial term ("Initial Term") of any Equipment Schedule to Tenant the apartment known as apartment No. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used for a term to which this Lease relates shall commence on the Acceptance Date and shall be of such duration as is prescribed in such Equipment Schedule plus the Interim Term (as hereinafter defined). Advance Rent and any Security Deposit as provided in any Equipment Schedule shall be payable upon the execution of the applicable Equipment schedule and shall not be refundable if the Initial Term for any reason does not commence or if this Lease or the applicable Equipment Schedule is duly terminated by Lessor. Rental Payments shall commence (the "Commencement Date") on the first day of 20 , and to terminate on the month following the Acceptance Date unless the Acceptance Date is the first day of the applicable period, 20 , in which case the Commencement Date shall be the first day of the applicable period. Interim Rent shall be payable upon demand for the period between the Acceptance Date and the first day of the month following the Acceptance Date (unless such term shall sooner cease and expire or be terminated as hereinafter provided), "Interim Term") at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant daily rate equal to the Law and periodic rental provided in any Equipment Schedule divided by the Rules and Regulations number of days in the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to period. Subsequent rental payments shall be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent due periodically in advance on the first day of each month during said termsuccessive period thereafter until all Rent and other sums chargeable to Lessee hereunder are paid in full. LESSEE'S OBLIGATION TO PAY RENT AND LESSEE'S OTHER MONETARY OBLIGATIONS HEREUNDER ARE ABSOLUTE AND UNCONDITIONAL AND ARE NOT SUBJECT TO ANY ABATEMENT, SET-OFF, DEFENSE OR COUNTERCLAIM FOR ANY REASON WHATSOEVER. Any Security Deposit shall secure all obligations of Lessee hereunder and may be applied at Lessor's discretion to any past due obligation of Lessee and to the extent not applied shall be returned to Lessee, without interest, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof or any renewal thereof, applicable Equipment Schedule. All payments of Tenant’s intention not Rent shall be made to renew. This renewal clause Lessor at the address Lessor shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, designate in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments theretowriting.

Appears in 1 contract

Samples: Master Lease Agreement (Tanisys Technology Inc)

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. _ designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used for a term to commence on the day of 20 , and to terminate on the day of , 20 , (unless such term shall sooner cease and expire or be terminated as hereinafter provided), at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant Xxxxxx agrees to pay the rent and any and all additional rent charges in advance on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof or any renewal thereof, of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen ninety (1590) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant Xxxxxx gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments thereto.

Appears in 1 contract

Samples: Agreement of Lease

Term and Rent. Landlord hereby Lessor leases to Tenant the apartment known as apartment No. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used Property for a term to commence (the “Lease Term”) commencing on the date hereof (the “Commencement Date”) and ending on the 31st day of 20 May, and to terminate on the day of 2085, 20 , (unless such term shall sooner cease and expire or be terminated as hereinafter provided)at 12:00 midnight, at a rent monthly rental of $ each month during the term of the lease, $12,926.42 plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York “CPI adjustment” (hereinafter referred to as Commissioner”defined below), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent in advance payable on the first day of each month for that month’s rental, during said termthe term of this Lease. The rent payable under this Agreement shall be subject to annual cost of living adjustments (the “CPI adjustment”) in accordance with the following provisions: (a) the Consumer Price Index for urban wage earners and clerical workers, U.S. city average all items, as promulgated by the Bureau of Labor statistics of the U.S. Department of Labor, for the month of December, 2002 shall be designated the Base Price Index; (b) promptly after December 31 2003, and after December 31 of each year thereafter, the rent shall be adjusted so that the ratio of the Price Index for January following December 31 of each such year to the adjusted rental (to be paid) shall be the same as the ratio of the Base Price Index to the rent (then being paid); (c) no adjustment shall reduce the adjusted rental to be paid below the rent then being paid. All rental payments shall be made to Lessor at the office of Landlord or such other place as Landlord Lessor may from time to time designate. It is the intention of the parties hereto that the rent herein specified shall be net to the Lessor in each year during the term of this Lease; that all costs, without any setoff or deduction whatsoeverexpenses, except that Tenant shall pay and obligations of every kind relating to the first full monthly installment on the execution hereof Property (unless this Lease be a renewal). If otherwise specifically provided herein) which may arise or become due during the term of this Lease shall commence on a day other than be paid by the first day of a calendar month, such first monthly installment Lessee except Lessor’s rental license and that the Lessor shall be applied first toward a pro rata portion of indemnified by the monthly installment of rent payable hereunder in respect of the unexpired portion of Lessee against such month (computed on the basis of the actual number of days remaining in such month) costs, expenses and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof or any renewal thereof, of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments theretoobligations.

Appears in 1 contract

Samples: Ground Lease Agreement (Sunrise Senior Living Inc)

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. _ designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used for a term to commence on the day of 20 , and to terminate on the day of , 20 , (unless such term shall sooner cease and expire or be terminated as hereinafter provided), at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent charges in advance on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof or any renewal thereof, of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen ninety (1590) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments thereto.

Appears in 1 contract

Samples: Agreement of Lease

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Term and Rent. Landlord hereby leases Subject to Tenant the apartment known as apartment No. designated as rooms in Unit No. provisions of Section 1 above, in the Lease term (hereinafter sometimes called the ApartmentTerm”) at , State of New York, to for the Furniture shall be used for a term to commence on coterminous with the day of 20 Sublease, and to terminate on upon the day of , 20 , (unless such term shall sooner cease and expire expiration or be terminated as hereinafter provided), at a rent of $ each month during the term earlier termination of the leaseSublease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent in advance on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence on a day terminate without any further action required by either party to effect such termination. Rent for the Furniture is deemed received by Lessor effective as of the Commencement Date of the Sublease and payment of the initial Base Rent payment under the Sublease. EXCEPT AS OTHERWISE EXPRESSLY PROVIDED HEREIN, THIS IS A NON-CANCELABLE, NON-TERMINABLE LEASE OF FURNITURE FOR THE ENTIRE TERM OF THE SUBLEASE. 3 POSSESSION; PERSONAL PROPERTY; CONFIGURATION No right, title or interest in the Furniture shall pass to Lessee other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion right to maintain possession and use of the monthly installment Furniture for the Sublease Term (provided no Event of rent payable hereunder Default [as defined below] has occurred and continues) free from interference by any person claiming by, through, or under Lessor or Landlord. Lessee will not permit the Furniture at any time during the Lease Term to be removed from the Premises, except as may be necessary for routine maintenance. Lessee agrees to give and record such notices and to take such other commercially reasonable action at its own expense as may be necessary to prevent any third party (other than a party claiming through Lessor or Landlord) from acquiring or having the right under any circumstances to acquire any interest in respect of the unexpired portion of such month (computed on Furniture or this Lease. Not later than the basis of Commencement Date, to the actual number of days remaining in such month) and extent requested to do so by Lessee, Lessor shall have reconfigured the balance towards Furniture to the next monthly installment due hereunder. This Lease shall be renewed automatically at configurations that reasonably conform to the end of the term or any renewal thereof Final Plans for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies LandlordImprovements. If after reconfiguration there exists any excess Furniture, in writing, by certified mail, Sublessor shall remove the excess Furniture from the Sublease Premises at least one calendar month prior no cost to the expiration of the term hereof or any renewal thereof, of Tenant’s intention not to renew. This renewal clause Sublessee and Sublessee shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent responsible for the Apartment is increased by reason cost of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of storing such rent increase has been given to Tenant, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments theretoexcess Furniture.

Appears in 1 contract

Samples: Lease Agreement (Palm Inc)

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, on a month to be used for a term month basis to commence on the day of 20 , and to terminate on the day of , 20 , or when Tenant occupies the Apartment, whichever is sooner, and to terminate on ninety (unless such term shall sooner cease and expire or be terminated as hereinafter provided)90) days written notice by Landlord to Tenant, at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant ... Xxxxxx agrees to pay the rent and any and all additional rent charges in advance on the first day of each month during said term at the office of Landlord or such on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of occupancy under this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This hereunder and the Lease shall be renewed automatically at deemed to commence on the end first day of the term next calendar month. Xxxxxx acknowledges that he has been informed and is aware that Landlord was sponsored by for the purpose of providing housing for its staff members, employees or any renewal thereof students and their immediate families and for successive terms aged and handicapped persons of year(s) upon low income and that the same terms and conditions unless Apartment leased hereby is leased to Tenant with the understanding that the Tenant notifies Landlordis a staff member, in writing, by certified mail, at least one calendar month prior to the expiration employee or student of the term hereof above sponsor, or any renewal thereof, a similar institution or is an aged or handicapped person of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to low income as defined in the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this LeaseLaw. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least lease thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law Law or any amendments thereto.

Appears in 1 contract

Samples: Agreement of Lease

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to be used for a term to commence on the day of 20 , and to terminate on the day of , 20 , (unless such term shall sooner cease and expire or be terminated as hereinafter provided), at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. Tenant Xxxxxx agrees to pay the rent and any and all additional rent in advance on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless the Tenant notifies Landlord, in writing, by certified mail, at least one calendar month prior to the expiration of the term hereof or any renewal thereof, of TenantXxxxxx’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant Xxxxxx gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments thereto.

Appears in 1 contract

Samples: Agreement of Lease

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. designated as rooms Equipment described in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, to a Schedule shall be used leased for a term to (the “Term”) that shall commence on the day date stated in such Schedule and continue for the period stated therein, including any extension or renewal periods as provided in the End of 20 Term Option Rider executed by Lessee and the Lessor thereunder in connection with such Schedule, except as sooner terminated by Lessee’s exercise of its rights under the Early Purchase Rider executed by Lessee and to terminate on the day of such Lessor, 20 or otherwise terminated or cancelled, (unless such term shall sooner cease and expire or be terminated as hereinafter provided)in each case, at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family incomeany other provision hereof, or of such Lease or any of the other related Lease Documents. Lessee shall pay the Lessor the rental payments in the aggregate amounts specified in each Schedule to which it is a party, without notice or prior demand, and all other amounts payable pursuant to the Law related Lease (collectively, “Rent”). If any Rent shall be unpaid five (5) days after the due date thereof, Lessee shall pay on demand a late charge equal to 5% of any such unpaid Rent but in no event to exceed the maximum lawful charges. EACH LEASE IS NONCANCELABLE BY LESSEE FOR ITS ENTIRE TERM, and Lessee has no right of termination or purchase of any Equipment except as specifically granted to Lessee in a Schedule (including any rider thereto). Upon the Rules and Regulations expiration of the Commissioner of Housing Term respecting the Equipment, and Community Renewal of until the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order of the Commissioner pursuant return to the Law and plus any and applicable CHICAGO/#1578913.20 Lessor of all other charges under such Equipment in accordance with the terms of this Leasethe Lease applicable thereto, all or until any purchase option with respect thereto is exercised in accordance with the terms of which are deemed to be additional rent hereunder. Tenant agrees to pay the rent and any and all additional rent in advance on the first day of each month during said termLease applicable thereto, at the office option of Landlord or the Lessor thereunder, in its sole discretion, such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of this Lease shall commence remain effective and shall become a month-to-month lease between the parties with respect to such Equipment on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This Lease shall be renewed automatically at the end of the term or any renewal thereof for successive terms of year(s) upon the same terms and conditions unless of such Lease and the Tenant notifies Landlord, monthly Rent in writing, by certified mail, at least one calendar month effect immediately prior to such expiration shall be the expiration of the monthly Rent payable during such month-to-month term hereof or any renewal thereof, of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this Lease. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law or any amendments theretoapplicable Schedule.

Appears in 1 contract

Samples: Master Lease Agreement (Southwestern Energy Co)

Term and Rent. Landlord hereby leases to Tenant the apartment known as apartment No. designated as rooms in Unit No. , in (hereinafter sometimes called the “Apartment”) at , State of New York, on a month to be used for a term month basis to commence on the day of 20 , and to terminate on the day of , 20 , or when Tenant occupies the Apartment, whichever is sooner, and to terminate on ninety (unless such term shall sooner cease and expire or be terminated as hereinafter provided)90) days written notice by Landlord to Tenant, at a rent of $ each month during the term of the lease, plus any and all surcharges made in accordance with Tenant’s family income, pursuant to the Law and the Rules and Regulations of the Commissioner of Housing and Community Renewal of the State of New York (hereinafter referred to as “Commissioner”), plus any and all rent increases granted by Order order of the Commissioner pursuant to the Law and plus any and all other charges under the terms of this Lease, all of which are deemed to be additional rent hereunder. ... Tenant agrees to pay the rent and any and all additional rent charges in advance on the first day of each month during said term at the office of Landlord or such on the first day of each month during said term, at the office of Landlord or such other place as Landlord may designate, without any setoff or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof (unless this Lease be a renewal). If the term of occupancy under this Lease shall commence on a day other than the first day of a calendar month, such first monthly installment shall be applied first toward a pro rata portion of the monthly installment of rent payable hereunder in respect of the unexpired portion of such month (computed on the basis of the actual number of days remaining in such month) and the balance towards the next monthly installment due hereunder. This hereunder and the Lease shall be renewed automatically at deemed to commence on the end first day of the term next calendar month. Tenant acknowledges that he has been informed and is aware that Landlord was sponsored by for the purpose of providing housing for its staff members, employees or any renewal thereof students and their immediate families and for successive terms aged and handicapped persons of year(s) upon low income and that the same terms and conditions unless Apartment leased hereby is leased to Tenant with the understanding that the Tenant notifies Landlordis a staff member, in writing, by certified mail, at least one calendar month prior to the expiration employee or student of the term hereof above sponsor, or any renewal thereof, a similar institution or is an aged or handicapped person of Tenant’s intention not to renew. This renewal clause shall not be effective unless Landlord gives Tenant notice at least fifteen (15) days prior to low income as defined in the commencement of the last calendar month of any term or renewal thereof, personally or by certified mail, of Tenant’s right to elect not to renew this LeaseLaw. If the rent for the Apartment is increased by reason of an order of the Commissioner made pursuant to the Law, then, in that event, and only in that event, Tenant shall have the option to cancel this Lease lease and vacate the Apartment within sixty (60) days after notice of such rent increase has been given to Tenant, provided that Tenant gives at least lease thirty (30) days written notice by certified mail to Landlord of Tenant’s intention to exercise the option contained herein. This Lease is subject to the powers, rights and privileges, and the restrictions and limitations thereon, of Landlord, as a Limited-Profit Housing Company under the supervision and control of the Commissioner pursuant to the Law and to the rights and powers of the Commissioner under the law Law or any amendments thereto.

Appears in 1 contract

Samples: Agreement of Lease

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