Group Lease definition

Group Lease. All areas inside and outside the property not individually assigned as bedrooms are collectively termed as common-area. All Tenants leasing bedrooms at the property address are jointly and severally liable for all common-areas. Since all Tenants are jointly and severally responsible for the entire common-area, it is not the responsibility of the Landlord to determine which individual Tenant or Guest caused damages in the common-area.
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Group Lease means a lease:
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Group Lease. All areas inside and outside the property not individually assigned as bedrooms are collectively termed as common-area. All Tenants leasing bedrooms at the property address are jointly and severally liable for all common-areas. Since all Tenants are jointly and severally responsible for the entire common-area, it is not the responsibility of the Landlord to determine which individual Tenant or Guest caused damages in the common-area. Castle Property LLC is assisting BSI Properties by showings and completing their leases for the 2022-23 lease year. Castle Property LLC currently manages these properties but will not be the manager for the 2022-23 lease years and beyond. This property will be managed directly by the property owner BSI Properties. BSI Properties will also be the point of contact for any needed service or maintenance and will be collecting monthly rent. Electronic copies of the signed lease should be returned to Castle Property LLC (▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) within 3 days. Signed hard copy of the lease mailed to: Castle Property LLC, ▇▇▇ ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ and received in 10 days. Security deposit payments should be mailed to the Castle Property LLC address and received within 10 days and 40 days. Questions with your lease or the completion process please call Castle Property LLC 540-564-2659.
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Examples of Group Lease in a sentence

  • If this is a Group Lease, all Tenants as a group and each of the Tenants as an individual are responsible to Landlord for all of the agreements and rentals under this Lease.

  • Each Annual Report shall contain a listing of the ACS Group Aircraft that are not subject to any ACS Group Lease.

  • Each Quarterly Report and Annual Report, as the case may be, shall contain a listing of the ACS Group Aircraft that are not subject to any ACS Group Lease.

  • In the event any such assignment requires the consent of the "landlord" or "lessor" under the applicable Equifax Group Lease, then the respective Assignor and Assignee hereby agree to reasonably cooperate with each other in obtaining any such required consent.

  • Farmington Office Lease ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇., ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ Leased Pro-Park Group Lease, dated 3/31/11 by and between Pro-Park Group and Connecture, Inc.

  • In such event, the applicable Extended Term shall be upon all the terms and conditions as provided for in Article XIX as though Lessee was entitled to and had exercised the same; provided, however, that in no event shall (i) the Term of this Lease be extended beyond the second Extended Term pursuant to this subsection (c) or (ii) an extension of the Term of this Lease for any such Extended Term pursuant to this subsection (c) extend the "Term" of any other Facility Group Lease.

  • Without limiting any of the rights or remedies of Equifax under the Distribution Agreement (as hereinafter defined) or otherwise, Equifax shall be subrogated to the right, title, and interest of the "landlord" or "lessor" under each of the Equifax Guarantees and all rights or remedies of the "landlord" or "lessor" thereunder to the extent Equifax is required to honor any such Equifax Guarantees and to the extent permitted under the terms of the applicable Certegy Payment Services Group Lease.

  • Lease 3/17/2015 Hobart-ITW Food Equipment Group Lease 6/30/2009 Homemeeting, Inc.

  • Lease 12/27/2012 Personal Medical Corp Lease 5/19/2006 Plantsmart, LLC Lease 5/8/2009 Pogo Linux Corp Lease 3/27/2009 Precision Electric Group Lease 9/23/2010 R2D3 Corporation Lease 3/8/2007 Rabanco Lease 4/12/2018 Red Dingo Lease 9/1/2015 Rent-A-PC Lease 2/27/2014 Redmond Cable Corporation Lease 5/20/2010 ▇▇▇▇▇▇ Consulting Group, Inc.

  • Notwithstanding anything to the contrary in this Lease, in the event that any other Facility Group Lease shall be terminated pursuant to clause (a) of Section 49 thereof (but not clause (b)), then this Lease shall without further action of Lessor and Lessee hereunder also automatically terminate.


More Definitions of Group Lease

Group Lease means the Lease and each other present or future lease:
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Related to Group Lease

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.