Joint Lease definition

Joint Lease or “Joint Leases” means any one or more of the PSA Leases or AMI Leases and any extension and renewal thereof in which both parties own or acquire an interest pursuant to the PSA or this Agreement.
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Joint Lease. All roommates are equally liable to the landlord for the entire rent amount. Each roommate agrees to pay (dollar amount or percentage) towards the full amount due. We have paid the $ security deposit in equal shares of $ . Each roommate will receive his/her portion from at the end of tenancy. Each roommate is responsible for their share of the charges associated with damages FOR ALL BILLS: Payment for each share must be paid to the person responsible for paying the total bill on or before the (date) of each month. Any late fee incurred will be paid by the roommate(s) who paid their share late or the roommate who did not pay the entire bill on time. Water. Any deposit for the water bill will be paid by ; this person is also entitled to a refund of the deposit at the end of the lease. All roommates agree to split the water bill equally. The total bill will be paid each month by .
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Examples of Joint Lease in a sentence

  • Thereafter such Joint Lease shall be removed from the terms of this Agreement.

  • APPOINTMENT OF SUCCESSOR: Should Operator or any successor Operator hereunder dissolve, liquidate or terminate its corporate existence or sell or otherwise dispose of its interest in the Joint Lease it shall thereupon cease to be Operator here under.

  • Roommate Contract Rent a Room Agreement Joint Lease Finding a roommate has probably never been.

  • I hereby acknowledge that I have read and received a copy of this Joint Lease Addendum and I (we) understand it is part of the Lease.

  • Thereafter such Joint Lease will be removed from the terms of this Agreement.

  • Should Operator or any successor Operator hereunder resign as Operator, its rights, titles and interests in the Joint Lease shall be unaffected by such resignation and that party shall thereupon become one of the Non-Operators hereunder and shall thenceforth be bound by the terms and provisions hereof as a NonOperator.