DEMISE, PREMISES, TERM Clause Examples
DEMISE, PREMISES, TERM. Section 1.1 For the term hereinafter stated, and upon and subject to the terms,
Section 1.2 The Demised Premises shall include any fixtures and equipment which are located therein and were conveyed by Tenant to Landlord pursuant to the Contract of Sale, and the right to use the Limited Common Elements (as defined in the Declaration) which are appurtenant to the Twenty First Floor Unit, and the General Common Elements (as defined in the Declaration) of the Building.
Section 1.3 The term of this Lease (the “Term”) shall commence on the date hereof (the “Commencement Date”) and end at 11:59 p.m. on the Lease Expiration Date.
Section 1.4 At any time and from time to time during the Term, Tenant shall have an on-going option (the “Termination Option”) to terminate this Lease. The Termination Option may be exercised by delivering a written notice (the “Termination Notice”) to Landlord specifying the date on which this Lease shall terminate, which date shall be at least five (5) business days after the date on which the Termination Notice is given to Landlord. If Tenant exercises the Termination Option, then this Lease shall terminate, and the Term shall end on the date specified in the Termination Notice, with all Occupancy Charges (as hereinafter defined) payable with respect to the Demised Premises apportioned as of such date, and thereafter, except as otherwise set forth in this Lease, neither party shall have any further obligation to the other party under this Lease.
DEMISE, PREMISES, TERM. (a) The Landlord hereby demises and leases to the Tenant, and the Tenant hereby takes and hires from the Landlord, for the term hereinafter stated, for the rent hereinafter reserved, and upon and subject to the Covenants, agreements, terms, conditions, limitations, exceptions and reservations of this lease, the following two areas: (1) the north wing of the first floor of the building comprising Four Thousand Twenty (4,020) square feet of Gross Rentable Area (as defined in Section 2 (f) (the "Demised Premises"), (hereinafter referred to as "North Wing First Floor"), and (2) the south wing of the second floor of the building comprising Eight Thousand One Hundred Sixty-Four (8,164) square feet (now occupied by Right Management Consultants, Inc.) of Gross Rentable Area (as defined in Section 2 (f) (the "Demised Premises"), (hereinafter referred to as "South Wing Second Floor")
DEMISE, PREMISES, TERM. (a) The Landlord hereby demises and leases to the Tenant, and the Tenant hereby takes and hires from the Landlord, for the term hereinafter stated, for the rent hereinafter reserved, and upon and subject to the covenants, agreements, terms, conditions, limitations, exceptions and reservations of this lease, the north wing of the first floor of the building comprising Four thousand twenty (4,020) square feet of Gross Rentable Area (as defined in Section 2(f) (the "Demised Premises").
DEMISE, PREMISES, TERM. RENTS
1.01 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the premises hereinafter described, in the building located at 195 Xxxxxxxx, xx xxx Xxxxxxx xx Xxxxxxxxx, Xxxx, Xxxxxx xxx State of New York (hereinafter referred to as the "BUILDING"), on the parcel of land more particularly described in EXHIBIT A (hereinafter referred to as the "LAND"), for the term hereinafter stated, for the rents hereinafter reserved and upon and subject to the conditions (including limitations, restrictions and reservations) and covenants hereinafter provided. Each party hereby expressly covenants and agrees to observe and perform all of the conditions and covenants herein contained on its part to be observed and performed.
1.02 The premises hereby leased to Tenant are the seventeenth (17th) floor (hereinafter referred to as the "17TH PREMISES"), the nineteenth (19th) floor (hereinafter referred to as the "19TH PREMISES") and a portion of the eighteenth (18th) floor (hereinafter referred to as the "18TH PREMISES") of the Building, as shown on the floor plans annexed hereto as EXHIBIT B. Said premises, together with all fixtures and equipment which at the commencement, or during the term, of this lease are thereto attached (except items not deemed to be included therein and removable by Tenant as provided in Article 14), constitute and are hereinafter collectively
DEMISE, PREMISES, TERM. RENT ----------------------------
(1) Three Hundred Eighty-Five Thousand Eight Hundred Sixty-Six Dollars ($385,866) per annum for the period (the "1st Rental Period") commencing on the --- ----- ----------------- Rent Commencement Date and ending on the day immediately preceding the third (3rd) anniversary of the Rent Commencement Date, or if the Rent Commencement Date shall occur other than on the first day of the month, ending on the last day of the month in which the third (3rd) anniversary of the Rent Commencement Date occurs ($32,155.50 per month),
(2) Four Hundred Sixteen Thousand One Hundred Thirty Dollars ($416,130) per annum for the period (the "2nd Rental Period") commencing on the --- ----- ----------------- day next succeeding the end of the 1st Rental Period and ending on the day immediately preceding the seventh (7th) anniversary of the Rent Commencement Date, or if the Rent Commencement Date shall occur other than on the first day of the month, ending on the last day of the month in which the seventh (7th) anniversary of the Rent Commencement Date occurs ($34,677.50 per month), and
(3) Four Hundred Thirty-One Thousand Two Hundred Sixty-Two Dollars ($431,262) per annum for the period commencing on the day next succeeding the --- ----- end of the 2nd Rental Period and ending on the Fixed Expiration Date ($35,938.50 per month), (which Fixed Rent amounts include, if Landlord shall be supplying electricity pursuant to Section 13.2 hereof, the Base Electricity Inclusion Factor) which Tenant agrees to pay in lawful money of the United States which shall be legal tender in payment of all debts and dues, public and private, at the time of payment, in equal monthly installments, in advance, on the first (1st) day of each calendar month during the Term commencing on the Rent Commencement Date, at the office of Landlord or such other place as Landlord may designate, without any set-off, offset, abatement or deduction whatsoever, except that Tenant shall pay the first full monthly installment on the execution hereof. At the request of Landlord, Fixed Rent shall be payable when due by wire transfer of funds to an account designated from time to time by Landlord.
Section 1.2. Tenant shall pay to Landlord, as additional rent, on account ------------ of electricity consumed at the Premises an amount equal to One Thousand Eight Hundred Ninety-One and 50/100 Dollars ($1,891.50) per month during the period commencing on the Commencement
Section 1.3. If the Rent...
DEMISE, PREMISES, TERM. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the interior rentable area located on the fifth (5th) floor of the Building, as more particularly outlined on Exhibit A attached hereto and made a part hereof (the “Premises”), in the Building situated on a portion of the Land as more particularly described on Exhibit B attached hereto and made a part hereof, for the Term hereinafter stated, and for the rents, covenants and conditions (including limitations, restrictions and reservations) hereinafter provided.
DEMISE, PREMISES, TERM. The Landlord hereby demises and leases to the Tenant, and the Tenant hereby takes and hires from the Landlord, for the term hereinafter stated, for the rent hereinafter reserved, and upon and subject to the covenants, agreements, terms, conditions, limitations, exceptions and reservations of this lease, Fifty Seven Thousand Nine Hundred Fourteen (57,914) square feet of the Building (as herein defined) shown shaded on the floor plan attached hereto as Exhibit A (the “Demised Premises”). The Tenant acknowledges and agrees that subject to the Landlord’s responsibilities set forth in Sections 6, 13 and 14 hereof, the Tenant shall accept the Demised Premises in the condition it is in on the Commencement Date and that the Landlord shall have no obligation to make any improvements to the Demised Premises for the Tenant to accept and occupy the Demised Premises hereunder.
(a) The term “Building” as used in this lease shall mean the building located on a parcel of land known as 00 Xxxxxxxxx Xxxx, Xxxx Xxxxxxx, Xxxxxxxxxxx 00000, which parcel of land is more particularly described on Exhibit B attached hereto and is hereinafter referred to as the “Land”.
DEMISE, PREMISES, TERM. 3.1 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Premises for the Term, unless the Term shall sooner terminate pursuant to any of the terms of this Lease or pursuant to law, upon and subject to the terms of this Lease.
3.2 Tenant has inspected the Premises, is thoroughly acquainted with their condition (physical and otherwise) and has been afforded adequate opportunity to examine, investigate and inspect the same, and agrees to take the same in their "as is" condition on the Commencement Date. Except as expressly provided to the contrary in this Lease: (x) neither Landlord nor any agent or representative of Landlord has made or does make any representation or warranty as to (a) the physical condition of the Premises (including (i) any structural or latent defects or (ii) the existence of any Environmental Condition), or (b) any use or uses to which the Premises may be put, or (c) any leases, subleases, tenants, rents, or (d) any operating or maintenance agreements, or (e) any utilities or services; and (y) the occupancy or taking of possession of all or any part of the Premises by Tenant or anyone claiming by, through or under Tenant shall be conclusive evidence as against Tenant that the Premises were in the condition required at the time of such occupancy or taking of possession.
3.3 Except as otherwise expressly provided in this Lease, the Term shall not expire and Tenant shall have no right to terminate this Lease or surrender the Premises nor shall Tenant's obligation to pay rent be otherwise affected or abated, by reason of the prohibition, limitation or restriction by any governmental authority of Tenant's use of the Premises or the Improvements or any portion thereof or the interference with such use by any person or entity, unless such prohibition, limitation, restriction or interference is due to the voluntary acts of Landlord or to a breach by Landlord of any representations or covenants contained in Article 25.
3.4 Except as otherwise expressly provided in this Lease, Tenant waives any rights hereafter conferred by law to tenants generally to terminate this Lease or to quit or surrender the Premises or the Improvements or any portion thereof.
DEMISE, PREMISES, TERM. Section 1 of the Lease shall not be applicable to this Sublease. Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord the Premises for a term commencing on June 1, 2000, and ending at 11:59 p.m. Chicago, Illinois time on September 30, 2003 (such term shall hereinafter be referred to as the "Sublease Term'). Beginning at the time this Sublease shall become fully executed and continuing until commencement of the Sublease Term, Sublandlord shall, at no cost to Subtenant, provide Subtenant with access to the Premises for purposes of delivering furniture to the Premises, installing telephone and data systems to the Premises and the like. Prior to commencement of the Sublease term Sublandlord will permit Subtenant after hours access to the Premises from 5:00 PM to 6:00 AM to make alterations to the space, provided these alterations are approved by the Landlord and that Subtenant will use its best efforts to not to disrupt Xxxx.xxx's business. Subtenant will indemnify Xxxx.xxx for any repair costs necessitated by Subtenant's alterations.
DEMISE, PREMISES, TERM