TERMS OF LEASE Sample Clauses
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TERMS OF LEASE. This lease shall be for a term of two (2) school semesters beginning on the 20th day of August 2021 and terminating without notice at 5:00 PM on the 20th day of May 2022. LESSEES shall move-in on a pre-scheduled date as indicated hereafter, and shall move-out at the end of the lease term after a move-out inspection has been completed by LESSOR.
TERMS OF LEASE. If Tenant has validly exercised its option to lease all or a portion of the Vacant Space, then the applicable Vacant Space shall be included as part of the Premises for all purposes hereof, subject to all of the terms, conditions and provisions of this Lease. Without limitation of the foregoing:
(i) Base Rent per Rentable Square Foot for the applicable Vacant Space shall be at the same respective rates from time to time as Base Rent for the initial Office Premises or Storage Area, as applicable;
(ii) the Rentable Square Feet of the Office Premises and/or Storage Area, shall be increased by the Rentable Square Feet of the applicable Vacant Space and Tenant’s Proportionate Share shall be accordingly adjusted if the Vacant Space is not basement space;
(iii) the term of the demise covering the applicable Vacant Space shall commence on the later to occur of the Commencement Date or the earlier of the date which is one hundred fifty (150) days following the date of Landlord’s receipt of the Vacant Space Exercise Notice or the date of substantial completion of the Vacant Space Improvements (as defined in Section 29.D(iv)) and shall expire simultaneously with the expiration or earlier termination of the Term of this Lease, including any extension or renewal thereof; and
(iv) if the Vacant Space Exercise Notice is given by Tenant before October 1, 2001 and is accompanied by a detailed space plan for the applicable Vacant Space, the tenant improvements for the applicable Vacant Space shall be completed by Landlord as part of Landlord’s Work pursuant to Section 27 and the Workletter Agreement and the Delivery Schedule shall be adjusted to reflect the addition of such space. If the Vacant Space Exercise Notice is given by Tenant on or after October 1, 2001, any tenant improvements for the Vacant Space (“VACANT SPACE IMPROVEMENTS”) shall be completed by Tenant at Tenant’s cost (except as hereinafter provided) pursuant to the requirements of Section 12 (although the Vacant Space Improvements shall be considered Tenant Improvements for purposes of removal pursuant to Section 18), and Landlord shall make a contribution towards the cost of the Vacant Space Improvements in the amount of Thirty Two and 50/100 Dollars ($32.50) per Rentable Square Foot of the applicable Vacant Space (“VACANT SPACE ALLOWANCE”) to be disbursed as hereinafter provided. The Vacant Space Allowance shall be utilized by Tenant to pay for items covered under Section 13.1 of the Workletter Agreement wi...
TERMS OF LEASE. This Lease shall be for a period of months commencing on the day of <Month>, 20 (the Commencement Date), and ending on the day of <Month>, 20 (the Termination Date), unless sooner terminated as hereinafter provided. This Lease is contingent upon the majority approval by a quorum of the Commission members of the Texas Facilities Commission. If the Commission does not approve the Lease, it may be terminated by the State of Texas without liability upon 30 day notice to the Lessor.
TERMS OF LEASE. The primary term of this Lease shall be for sixty (60) -------------- months commencing on the 1st day of May, 2000, and ending on the 30th day of April, 2005, both dates inclusive, unless sooner terminated as herein provided.
TERMS OF LEASE. This lease shall be for a term of Semesters, beginning on the day of , 20 and terminating on the day of , 20 . LESSEES will not be allowed to move in prior to the first day of the lease unless authorized by LESSOR. If any LESSEE takes early possession of the premises herein, said possession shall be deemed to be possession by all the LESSEES herein thereby waiving any rights which they may have had regarding cleaning and repair of the premises prior to possession. LESSEE agrees that LESSOR may attempt to sublease the unit and mitigate damages if all rental payment amounts due pursuant to the lease terms have not been paid by the possession date, and LESSEE shall remain liable for all rents not paid pursuant to the lease.
TERMS OF LEASE. (“Lease Term”): Lease Term Begins (“Commencement Date”) . Lease Term Ends (“Termination Date”) , at 12:00 pm unless terminated earlier pursuant to this Agreement.
TERMS OF LEASE. The Owner reserves the right to determine all terms, conditions and provisions of any lease and to reject any lease in its discretion.
TERMS OF LEASE. The terms of the Agreement that will be assigned by the Tenant/Optionee to the Assignee are as follows: Tenant/Optionee's purchase price $ ("Option Price") Tenant/Optionee’s monthly rent payments $ Seller concession $ Length of lease months.
TERMS OF LEASE. (References are to the Office Lease) DESCRIPTION
TERMS OF LEASE. Tenants are reminded that they are bound by their lease for the full term specified. If a tenant attempts to break their lease by giving notice to vacate prior to the expiration of the initial period of tenancy, they are still responsible for paying rent until someone is found to assume the lease. A change in personal circumstance (i.e., academic, financial, etc.) will not be considered cause to release a person from their lease obligations.
