TERMS OF LEASE. This lease shall be for a term of two (2) school semesters beginning on the 20th day of August 2021 and terminating without notice at 5:00 PM on the 20th day of May 2022. LESSEES shall move-in on a pre-scheduled date as indicated hereafter, and shall move-out at the end of the lease term after a move-out inspection has been completed by LESSOR.
TERMS OF LEASE. (“Lease Term”): Lease Term Begins (“Commencement Date”) . Lease Term Ends (“Termination Date”) , at 12:00 pm unless terminated earlier pursuant to this Agreement.
TERMS OF LEASE. The primary term of this Lease shall be for sixty (60) months commencing on the 1st day of April, 2010, and ending on the 31st day of March, 2015, both dates inclusive, unless sooner terminated as herein provided.
TERMS OF LEASE. This Lease shall be for a period of months commencing on the day of <Month>, 20 (the Commencement Date), and ending on the day of <Month>, 20 (the Termination Date), unless sooner terminated as hereinafter provided. This Lease is contingent upon the majority approval by a quorum of the Commission members of the Texas Facilities Commission. If the Commission does not approve the Lease, it may be terminated by the State of Texas without liability upon 30 day notice to the Lessor.
TERMS OF LEASE. This lease shall be for a term of Semesters, beginning on the day of , 20 and terminating on the day of , 20 . LESSEES will not be allowed to move in prior to the first day of the lease unless authorized by LESSOR. If any LESSEE takes early possession of the premises herein, said possession shall be deemed to be possession by all the LESSEES herein thereby waiving any rights which they may have had regarding cleaning and repair of the premises prior to possession. LESSEE agrees that LESSOR may attempt to sublease the unit and mitigate damages if all rental payment amounts due pursuant to the lease terms have not been paid by the possession date, and LESSEE shall remain liable for all rents not paid pursuant to the lease.
TERMS OF LEASE. The Owner reserves the right to determine all terms, conditions and provisions of any lease and to reject any lease in its discretion.
TERMS OF LEASE. The Initial Lease Term and the Rent payable with respect to each Leased Item shall be as set forth in and as stated in the respective Equipment Schedule(s). Lessee may a) exercise an Early Purchase Option, if applicable; or b) terminate any Equipment Schedule effective at the expiration of the Initial Lease Term or any renewal term thereof; by giving the Lessor at least sixty (60) days prior written notice. If said written notice is not received by Lessor within the specified period, then the Lease shall continue until the end of the Initial Lease Term. No notice of intent to exercise an Early Purchase Option or termination may be revoked without prior written consent of the Lessor. Initial: /s/ MP 53 4. RENT AND PAYMENT: As to any Equipment leased hereunder, the "Monthly Rental" payable by Lessee to Lessor shall be as set forth in the applicable Equipment Schedule. The Monthly Rental shall begin on the Acceptance Date and shall be due and payable by Lessee in advance on the first day of each month throughout the Initial Period and any Automatic Renewal Period. If the Acceptance Date does not fall on the first day of the month, then the first rental payment shall be a pro rata portion of the Monthly Rental, calculated on a 30-day basis for the period between the Acceptance Date and the Commencement Date, and shall be due and payable on the Acceptance Date. Lessee shall pay all Monthly Rental to Lessor, its successors or assigns, at Lessor's address set forth above (or as otherwise directed in writing by Lessor, its successors, or assigns), whether or not Lessee has received any notice that such payment is due. LESSEE SHALL NOT ABATX, XXT OFF, OR DEDUCT ANY AMOUNT OR DAMAGES FROM OR REDUCE ANY MONTHLY RENTAL FOR ANY REASON WITHOUT THE PRIOR WRITTEN CONSENT OF LESSOR, ITS SUCCESSORS, OR ASSIGNS. Late charges on any payments, taxes, or other charges due hereunder and not received within ten (10) days of the due date shall accrue at the rate of 1.5% of the payment amount due per month (or if such rate shall exceed the maximum rate allowed by law, then at the highest rate that is permitted to be charged on liquidated amounts after judgment) beginning with the date that such amount was due and continuing until the amount is paid. If late charges are assessed by a lending institution due to any late payment, Lessee agrees to pay such late charges or to reimburse Lessor for their payments. Lessee agrees to make payment for any late charges promptly upon demand by ...
TERMS OF LEASE. (References are to the Office Lease) DESCRIPTION
TERMS OF LEASE. (References are to the Lease) DESCRIPTION
TERMS OF LEASE. The terms of the Agreement that will be assigned by the Tenant/Optionee to the Assignee are as follows: Tenant/Optionee's purchase price $ ("Option Price") Tenant/Optionee’s monthly rent payments $ Seller concession $ Length of lease months.
