The Subject Leased Property Clause Samples
The "Subject Leased Property" clause defines the specific property or premises that are being leased under the agreement. It typically describes the location, boundaries, and any included fixtures or amenities, ensuring both parties are clear about what is covered by the lease. By precisely identifying the leased property, this clause prevents disputes over the scope of the lease and ensures both landlord and tenant have a mutual understanding of their rights and obligations regarding the premises.
The Subject Leased Property. Effective upon the execution and delivery of this Lease Supplement by Landlord and Tenant, the Subject Leased Property shall be subject to the terms and provisions of the Lease and Landlord hereby grants, conveys, transfers and assigns to Tenant, and Tenant hereby accepts, those interests, rights, titles, estates, powers and privileges provided for in the Lease with respect to the Subject Leased Property for the Term.