Illinois Lease definition
Examples of Illinois Lease in a sentence
Tenant shall not assign this Illinois Lease Agreement, or sub-let or grant any license to use the Premises or any part thereof without the prior written consent of Landlord.
In the event the Premises are destroyed or rendered wholly uninhabitable by fire, storm, earthquake, or other casualty not caused by the negligence of Tenant, this Illinois Lease Agreement shall terminate from such time except for the purpose of enforcing rights that may have then accrued hereunder.
In the event that Landlord exercises its right to repair such uninhabitable portion, the rental shall ▇▇▇▇▇ in the proportion that the injured parts bears to the whole Premises, and such part so injured shall be restored by Landlord as speedily as practicable, after which the full rent shall recommence and the Illinois Lease Agreement continue according to its terms.
If any provision of this Illinois Lease Agreement or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Illinois Lease Agreement nor the application of the provision to other persons, entities or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent permitted by law.
All other terms and conditions as outlined in this Illinois Lease Agreement shall remain in full force and effect.
Tenant shall not record this Illinois Lease Agreement on the Public Records of any public office.
This Illinois Lease Agreement shall be governed, construed and interpreted by, through and under the Laws of the State of Illinois.
If Tenant fails to pay rent when due and the default continues for seven (7) days thereafter, Landlord may, at Landlord's option, declare the entire balance of rent payable hereunder to be immediately due and payable and may exercise any and all rights and remedies available to Landlord at law or in equity or may immediately terminate this Illinois Lease Agreement.
An assignment, sub-letting or license without the prior written consent of Landlord or an assignment or sub-letting by operation of law shall be absolutely null and void and shall, at Landlord's option, terminate this Illinois Lease Agreement.
Rent shall continue at the rate specified in this Illinois Lease Agreement, or as allowed by law.