THE PREMISES, RENT, AND OTHER TERMS Clause Samples
This clause defines the essential terms of the lease agreement, including a description of the premises being rented, the amount and structure of rent payments, and any additional conditions or obligations related to the tenancy. It typically specifies the address or boundaries of the leased property, outlines when and how rent is to be paid, and may include details about utilities, maintenance responsibilities, or other financial terms. By clearly setting out these fundamental aspects, the clause ensures both parties understand their rights and obligations, reducing the risk of disputes over the basic terms of the lease.
THE PREMISES, RENT, AND OTHER TERMS. 1
1.01 THE PREMISES (SEP 2015) 1
1.02 EXPRESS APPURTENANT RIGHTS (SEP 2013) 1
1.03 RENT AND OTHER CONSIDERATION (SEP 2015) 1 1.04 TERMINATION RIGHTS (AUG 2011) 2
1.05 RENEWAL RIGHTS (SEP 2013) 2
1.06 DOCUMENTS INCORPORATED IN THE LEASE (SEP 2015) 2 1.07 HOURLY OVERTIME HVAC RATES (AUG 2011) 3 2.01 DEFINITIONS AND GENERAL TERMS (SEP 2013) 4 2.02 AUTHORIZED REPRESENTATIVES (JUN 2012) 4
2.03 WAIVER OF RESTORATION (APR 2011) 5 2.04 CHANGE OF OWNERSHIP (APR 2015) 5
3.01 WORK PERFORMANCE (JUN 2012) 6
3.02 RESPONSIBILITY OF THE LESSOR AND LESSOR’S ARCHITECT/ENGINEER (JUN 2012) 6
3.03 QUALITY AND APPEARANCE OF BUILDING (JUN 2012) 6 3.04 VESTIBULES (APR 2011) 6
3.05 AUTOMATIC FIRE SPRINKLER SYSTEM (SEP 2013) 6
3.06 FIRE ALARM SYSTEM (SEP 2013) 6 3.07 ELEVATORS (SEP 2013) 6 3.08 ACCESSIBILITY (FEB 2007) 7
4.01 PROVISION OF SERVICES, ACCESS, AND NORMAL HOURS (JUN 2012) 8 4.02 UTILITIES (APR 2011) 8
4.03 HEATING AND AIR CONDITIONING (SEP 2014) 8
4.04 OVERTIME HVAC USAGE (JUN 2012) 8
4.05 JANITORIAL SERVICES (JUN 2012) 8 4.06 SNOW REMOVAL (APR 2011) 9
THE PREMISES, RENT, AND OTHER TERMS. 1.01 THE PREMISES (SIMPLIFIED) (AUG 2011)
A. Office and Related Space: 2,307 rentable square feet (RSF), yielding 2,296 ANSI/BOMA Office Area (ABOA) square feet (SF) of office and related Space located on the First floor(s) and known as Suite(s) H, of the Building, as depicted on the floor plan(s) attached hereto as Exhibit A.
THE PREMISES, RENT, AND OTHER TERMS. 1.01 THE PREMISES (JUN 2012)
A. Office and Related Space: 58,387 rentable square feet (RSF), yielding 50,295 ANSI/BOMA Office Area (ABOA) square feet (SF) of office and related Space consisting of 13,542 RSF (11,347 ABOA) located on the 2nd floor, 20,009 RSF (17,442 ABOA) located on the 3rd floor, 20,133 RSF (17,554 ABOA) located on the 4th floor, and 4,703 RSF (3,952 ABOA) located on the 5th floor of the Building, as depicted on the floor plan(s) attached hereto as Exhibit A.
THE PREMISES, RENT, AND OTHER TERMS
