Common use of THE TERM OF THE LEASE Clause in Contracts

THE TERM OF THE LEASE. Landlord leases to Tenant and ▇▇▇▇▇▇ takes from Landlord the Leased Property for a term commencing on January 1, 2025 (the “Commencement Date”) and terminating on December 31, 2027. There are two properties covered under this lease with different allowable time of use limitations. a) The parcel described as Lot 2, Block 1, Broadway Addition is restricted to only be available from May 1st through September 30th during any particular year. Between October 1st and April 30th, there shall be no equipment or materials on the property. b) The area to the east of the project site, within the parcel described as Parcel A, Lot 3, Auditor’s Plat #7 has no time of use limitations and may be used year-round during the term of this agreement.