TERM/RENT Clause Samples

TERM/RENT. Seller does hereby give permission for Buyer to occupy the Property from 6:00am on the day Seller closes on the Cash Contract (“Buyer’s Initial Occupancy Date”) until the earlier of: (1) Buyer’s closing on the Resale Contract, or (2) 5:00pm on the day that is 60 days after Buyer’s Initial Occupancy Date (the “Termination Date”), at a rental rate of $ per day.

TERM/RENT. 2.1 This Master Lease shall commence on the date set forth above and shall continue so long as any Schedule remains in effect. Each Schedule shall set forth the basic term of the Schedule (“Basic Term”), the periodic rent for each Unit (“Monthly Rent”), the installation date of each Unit (“Installation Date”), the commencement date (“Commencement Date”), the installation location of each Unit (“Equipment Location”) and all other additional terms. The Basic Term for a Schedule shall begin on the Commencement Date and shall continue thereafter for the number of months specified therein. As to each Unit, the term for each Schedule (“Initial Term”) shall begin on the Installation Date of such Unit, and shall continue throughout the expiration of the Basic Term. The Installation Date shall be the earlier of (i) the date such Unit is installed and operational for purposes of the Schedule at the Equipment Location, or (ii) 7 days after Lessor has made such Unit available for delivery to Lessee, except, that if the company designated by Lessee to install such Unit shall notify Lessee that it is unable to install such Unit due solely to the condition of such Unit, then the Installation Date shall be as set forth in subclause (i) herein. The Commencement Date shall be the first day of the calendar month following the latest Installation Date of any Unit, provided, however, if such Installation Date falls on the first day of the month, the Commencement Date shall be such Installation Date. Lessee may terminate any Schedule at the end of any full month effective at the expiration of the Initial Term or any extension thereof by giving Lessor 90 days’ prior written notice. If such written notice of termination is not given by Lessee, the Initial Term shall be automatically extended thereafter on a month-to-month basis at the same Monthly Rent, until terminated by Lessee giving the required 90 days’ written notice and expiration of the notice period, or until written notice of termination is given by Lessor. Any notice of termination must relate to all the Equipment subject to the Schedule to which the notice applies and shall be effective only upon the last day of the Initial Term or upon the last day of any successive 90 day period, and may not be unilaterally revoked. 2.2 Lessee shall pay to Lessor the sum of (a) the Monthly Rent, payable in advance on the Commencement Date and on the first day of each month thereafter during the Initial Term or any extension thereof,...

TERM/RENT. The Lease term shall commence as of the date that any of the equipment is delivered to the Lessee or the Lessee's Agent ("the Commencement Date"), and shall continue until the obligations of the Lessee under the Lease shall have been fully performed. Advance rentals shall not be refundable if the Lease term for any reason does not commence. The installments of rent shall be paid monthly in advance as stated below or on any Schedule, the first such payment being due on the Commencement Date, or such later date as the Lessor designates in writing, and subsequent payments shall be due on the same day of each successive month from then on until the balance of the rent and any additional rent or expenses chargeable to the Lessee under this Lease shall have been paid in full. All payments of rent shall be made to the Lessor at the address defined in this Agreement or such other address as the Lessor may designate in writing. The Lessee's obligation to pay such rentals shall be absolute and unconditional and is not subject to any abatement set-off, defense or counterclaim for any reason whatsoever. The Lessee authorizes the Lessor to insert the serial numbers and other identification data of the equipment when determined by the Lessor and dates or other omitted factual matters. If a security deposit is indicated above, the same shall be held by the Lessor to secure that faithful performance of the terms of the Lease and returned or applied in accordance with Section 16 of this Agreement.

TERM/RENT. The occupant shall pay owner on a quarterly, biannual or annual basis. A prorated amount will be ap- plied if contract is signed on a date later than the 1st. This applies signing period only. Occupant shall pay owner on a quarterly, biannual or annual basis the amount due which is shown above, due on the 10th day of that month. Occupant understands and agrees that under no circumstances will Occupant be entitled to a refund of the first month’s rent paid upon execution of the Rental Agreement, and, thereafter, if this Rental Agreement terminates other than on the last day of the month. Occupant shall not be entitled to a refund of a pro rata apportion of the rent for the month in which the termination occurred. The monthly rent and or charges may be adjusted by Owner effective with NAF Council review and approval, and will not be obligatory until 30 days after written notice of the fee change has been sent to the Occupant. Any such adjustments to fees and charges shall not otherwise affect the terms of this Rental Agreement and all other terms shall remain in full force and effect. All payments received after the 10th day of the month will be considered late, and a $2 per day late fee will be assessed. After an additional 30 days of non-payment of rental fees the vehicle will be considered abandoned and items will be reported to 6AMW Security Forces for investigation and disposal. By placing your INITIALS HERE , Occupant ac- knowledges that he/she understands the provisions of this paragraph and agrees to these provisions and is the responsibility of the Occupant to obey to these provisions.

TERM/RENT. In the event of such exercise, the Lease Agreement, including all amendments, shall be automatically extended for the additional term. Notwithstanding the foregoing, this option shall be void and of no force or effect if the Tenant is in default hereunder, beyond applicable cure periods, either as of the date of the Tenant's exercise of said option or as of the date of the commencement of the option or additional term.

TERM/RENT. This is a month-to-month agreement, commencing on the date the Renter places items in the Rented Space or the date of this Rental Agreement, whichever is earlier and shall continue month to month thereafter. Rent is due on the anniversary day of each month, unless other arrangements have been made with the Owner. Owner reserves the right to require that Rent and other charges be paid by credit card, debit card or prepaid card. No cash, checks or money orders will be accepted. Owner may change Rent, any Additional Rent, or other charges by giving Renter 30 day’s written notice, in advance, at the last known good mailing or email address. Change of address: Renter must provide mailing and email address changes to Owner in writing. The new rent shall become effective on the next date Rent is due. If Renter has made advanced Rent payments, new Rent will be charged upon the exhaustion of the prepaid Rent.

TERM/RENT. Landlord hereby leases and demises unto Tenant the Premises, hereinafter referred to as "Premises" within the building located at [LEASED ADDRESS], hereinafter referred to as "Building" (including land, improvements and other rights appurtenant thereto). The Premises, known and described as [LEASED DESCRIPTION], includes approximately [RENTED SQUARE FEET IN TEXT AND NUMBER FORMAT] rentable square feet; the Premises as attached hereto and incorporated by reference herein as "Exhibit A". TO HAVE AND TO HOLD the same, together with all appurtenances, unto Tenant, for the term beginning the later of [LEASE BEGIN DATE] or the date the Colorado State Controller approves the Lease (“Commencement Date”), and ending [LEASE END DATE], at and for a monthly rental (the “Monthly Rent”) for the full term as shown below: §39-3-124 C.R.S., exempts real property leased by the State of Colorado from the levy and collection of property taxes. Therefore, the Adjusted Annual Rent/RSF as shown above does not include the Taxes known at the time of drafting of $[REAL ESTATE PROPERTY TAX]/rsf or any tax based upon real property as defined and required by Article 15; when the current year Taxes are known, the Monthly Rent payment shall be adjusted accordingly. At the Commencement Date, Tenant will have on account for its benefit a rent credit in the amount of $[AMOUNT] pursuant to Exhibit C attached hereto and incorporated by reference herein. Such amount shall be applied against Rent, Tenant Improvements, and/or Furniture Fixtures & Equipment at the sole discretion of and request by ▇▇▇▇▇▇. The Premises are to be used and occupied as general office space. Payment of the Monthly Rent shall be made on the first of each month during the term hereof, to Landlord at: [PAYMENT ADDRESS] or at such place as Landlord from time to time designates by notice as provided herein, subject to the limitations and conditions set forth in Article 11 Fiscal Funding, Article 12 Federal Funding, or Article 20 Collocation, herein. If the term herein commences on a day other than the first day of a calendar month, then Tenant shall pay to Landlord the rental for the number of days that exist prior to the first day of the succeeding month and the first month of the Lease shall be the first full calendar month Tenant is in occupancy of the Premises.

TERM/RENT. We have entered the rent as payable on a monthly basis since that’s the way most Leases are set up; however, you can change it accordingly. "Without demand" means that the Lessee must pay the rent each month, and that the Lessor does not have to invoice or otherwise request payment; no deduction or rights of off-set mean that the Lessee must pay the full rent. He cannot deduct for repairs or other expenses that may be the responsibility of the Lessor. With respect to the first two inserts, enter the start and termination dates. For the third insert, enter the monthly rent, for example, One Thousand dollars ($1,000.00). The Lessor leases the above Premises, ▪ Commencing on [Month, Day, Year] ▪ Terminating on [Month, Day, Year] Both parties agree that this is in no way a month to month Lease. The Lessee shall pay to the Lessor as rent for the Premises, without demand, deduction, or rights of off-set, the following sums: equal monthly installments of $[x], each installment payable in advance on the first day of each month for that month’s rental, during the term of this Lease. All rental payments should be made out to the Lessor and sent to it at the address stated above.

TERM/RENT. Landlord hereby subleases to Tenant, and Tenant hereby subleases from Landlord, Apartment No. _____ (“Premises”) located at ___________________________ Washington, D.C. in the Cooperative apartment building owned by The Claridge House Cooperative, Inc. ( “Cooperative”), for a term of _____ months beginning on __________________, 20 ___, and ending on _________________, 20 ___ (“Term”), for the total sum of $ ________ for the Term payable in equal installments of $ ________, in advance, on the first day of each month of the term, without demand or deduction therefrom, at such place as the Landlord may from time to time designate in writing. This Sublease grants Tenant a leasehold estate in the Premises for the Term together with a license granting tenant, for such Term, Landlord’s rights to use the common facilities of the Cooperative, provided that Tenant and ▇▇▇▇▇▇’s family, guests, agents, servants and employees exercise such license in accordance with the provisions of the Cooperative Documents (hereinafter defined).