Lease 50 definition
Examples of Lease 50 in a sentence
Fees Paid to Manager by Owner: Management Fee 6% of collected rents (minimum fee of $84 per month) Leasing Fee New Lease: 50% of monthly lease amount Renewal Lease: 25% of renewal monthly lease amount New Lease: Manager (or an affiliate of Manager providing lease brokerage services) will receive a commission equal to 50% of one month of rent for each new lease, net of any commission paid or payable to any non-affiliated broker, agent or other person in respect of such lease.
Lease 50 subtenants, or their respective agents, servants, employees, representatives and contractors, then at Landlord’s option either Tenant shall perform or cause to be performed the Remedial Work in compliance with such Legal Requirements or Landlord may cause such Remedial Work to be performed, and Tenant shall reimburse Landlord for all expenses incurred by Landlord in connection therewith within ten (10) days of demand therefor.
Conditions to Consolidation, Merger, Sale, Conveyance and Lease 50 Section 12.02.
If Landlord shall consent to any assignment or sublease of this Lease, 50% of all sums and other consideration payable to or for the benefit of the Tenant from its assignees or subtenants in excess of the rent payable by Tenant to Landlord under this Lease shall be paid to Landlord, as and when such sums are due and payable.
If Tenant receives or is to receive any valuable consideration for an assignment of this Lease, 50% of the consideration, after deducting therefrom (1) the brokerage commissions, if any, and other expenses reasonably incurred by Tenant for the assignment, and (2) any portion of the consideration reasonably designated by the assignee as paid for the purchase of Tenant's Property, shall be and become the sole and exclusive property of Landlord and shall be paid over to Landlord directly by the assignee.
Date of Lease: [Lease Date] Term of Lease: 50 years, commencing [commencement date] and ending [expiration date].
In the event Tenant assigns this Lease or sublets the Premises, such that Tenant receives rent in excess of the amount required to be paid by Tenant to Landlord pursuant to the terms of this Lease, 50% of the net excess rent received by Tenant during the initial five year term of this Lease shall be paid to Landlord within ten (10) days of receipt by Tenant, and thereafter, 100% of the net excess rent shall be paid to Landlord within ten (10) days of receipt by Tenant.
Subtenant shall reimburse Sublandlord monthly, as Additional Rent, the current market rates charged by the Landlord per the Main Lease for the fourteen (14) covered, unreserved spaces and the two (2) covered, reserved spaces, which are currently, although subject to change as provided in the Main Lease, $50 per month, per space and $100 per month, per space, respectively.
Titles 50 Section 10.2 Notice of Lease 50 Section 10.3 Notices from One Party to the Other 50 Section 10.4 Bind and Inure 51 Section 10.5 No Surrender 51 Section 10.6 No Waiver, etc.
If at any time during the term of this Lease 50% or more of the rentable area of the Leased Premises is rendered untenantable by a Casualty, or if, during the last twelve months of the term of this Lease, 10% or more of the rentable area of the Leased Premises is rendered untenantable by Casualty, Lessee shall have the right to terminate this Lease upon written notice to Lessor given within thirty (30) days following the Casualty Date.