Lease and Term Clause Examples

Lease and Term. The Landlord leases to the Tenant the private dwelling-house known as (the “Premises”) for a term beginning on and ending on (the “Term”), subject to any earlier termination of this Lease in accordance with the provisions of this Lease.

Lease and Term. 1.1 Xxxxxxx X. Xxxxx International Inc. ("White") xxxxxx agrees to provide and Xxxxxxxx hereby agrees to rent from White the Equipment and the Vehicles (collectively, the "Leased Property") for the term as specified on the front page of this Agreement (the "Term"). 1.2 If the Customer remains in possession of the Leased Property after the Return Date, all the terms, conditions and provisions of this Agreement shall apply until the Leased Property has been returned to White or White has, by express agreement in writing, relieved the Customer from its obligations hereunder. Nothing in this paragraph 1.2 shall have, or be deemed to have the effect of extending or renewing the term hereof.

Lease and Term. CHFM agrees to lease the Schoolhouse, playground, and parking lot to CFS with no regular monthly rent payment. In exchange for use of the Schoolhouse, playground and parking lot as described in this lease agreement, CFS is responsible for all major and minor repairs and ordinary maintenance of the Schoolhouse and playground and for an equal share of the major and minor repairs and ordinary maintenance of the parking lot. If a significant expense is encountered, CFS may ask CHFM if it would consider contributing toward the expense, taking into account the monthly rent payment foregone since the lease inception in 1993. The term of this lease shall be for 10 years from August 1, 2024. The lease will automatically renew for additional 10-year periods unless notice is given by either party under the terms in Lease Termination below.

Lease and Term. (a) SG hereby subleases to Cowen, and Cowen hereby accepts from SG the sublease of, the entire rentable area of the fourteenth and fifteenth floors, a portion of the sixth floor and a portion of the Data Center/IDF closets in the Building, as described on Schedule 1 attached hereto (the “Subleased Premises”). Cowen agrees to use the Subleased Premises only for the purposes permitted under Section 1.3 of the Primary Lease and for no other purpose, and shall use and occupy the Subleased Premises in full compliance with the terms of the Primary Lease. (b) The term of this Sublease (the “Sublease Term”) shall be the period commencing on the date (the “Commencement Date”) when SG no longer owns at least 50.1% of Cowen and ending at midnight of September 29, 2013. This Sublease shall become null and void if the Commencement Date has not occurred by December 31, 2006. (c) Cowen agrees to pay all costs and expenses incurred by SG in order to convert the Subleased Premises into a separate space from the Premises, including but not limited to the Landlord fees, City of New York Department of Building fees, permit fees, engineering fees, consulting fees, renovation expenses and if separate heating ventilation and air conditioning and electrical supply lines are created, the cost of creating separate heating ventilation and air conditioning and electrical supply lines. A good faith estimate of the projected costs and expenses for completing such conversion is set forth on Schedule 2 attached hereto. All such costs and expenses incurred by SG shall be paid by Cowen to SG within five (5) business days after notice by SG to Cowen.

Lease and Term. Lessor hereby leases to Lessee approximately feet of designated storage space located at 00000 Xxx Xxxxx Xxxxx, Xxxxxx Xxxxx House, Virginia 23002 (the "Premises") for the following Term: QUARTERLY / SEMI-ANNUAL / ANNUAL (the “Term”), at the rate of $ per month. This Agreement shall automatically renew unless either party provides the other party with written notice of cancellation or non-renewal at least thirty (30) days prior to the end of the current Term.

Lease and Term. Lessor does hereby lease to Lessee, and Lessee does hereby lease from Lessor, the Premises. This Lease becomes effective after approval by the Carson City Board of Supervisors and on the date it is signed by all the necessary parties as indicated by the signature lines below. The term of this Lease is from the effective date and will be valid for one year unless terminated sooner by mutual agreement of the parties or for a violation of any term or condition of this Lease as specified below. After one year, if both parties agree, this contract can be renewed. Field Code Changed The term of this Lease begins January 1, 2017, and will automatically renew for periods of one (1) year at midnight on each anniversary date, unless: 1) it is terminated by mutual agreement before the automatic renewal occurs; or, 2) it terminates at the end of the lease term prior to automatic renewal due to unilateral termination. Unilateral termination will only occur if a notice of revocation of the agreement to automatically renew the lease has been sent by United States mail, and received by the non-moving party, verified with return receipt, at least thirty (30) calendar days prior to the anniversary date. This agreement supersedes and replaces any lease agreement between the Lessor and Lessee from prior years.

Lease and Term. Marina agrees to lease to Lessee, land locker storage space (“Locker”) # _located at Harbour Cove Mariana, 0000 Xxxxxxxx Xxxx, Xxxxx, Xxxxxxxx 00000, for a term beginning on April 1, 2015 and ending on March 31st, 2016.

Lease and Term. Client leases to Business the Trailer for twenty-four (24) months, starting and ending on the dates set out in Exhibit A. This Lease will terminate upon the expiration of this term, unless Client or Business terminates this Lease as provided in Section 7. This Lease is not subject to renewal. Continued use of the Trailer by Business is subject to negotiation and entry into a new lease agreement. Neither Client nor Business will be obligated to negotiate or enter into such a new agreement.

Lease and Term. 2.1 Subject to the conditions specified herein, OIL hereby leases to OSL and OSL hereby leases from OIL, the Leased Property, for a period of 4 years and 11 months, commencing on July 1st, 2004 (hereinafter: the "TERM"). If necessary, OIL will apply to the XXX for its consent to extend the Term to a period of up to a total of 25 years (less one day) and, should such approval be granted or if such an approval is not required, the Term will be extended accordingly. For the purpose of this Agreement, the Term shall include any extension thereof. 2.2 If required, the Parties will exert their best efforts to register the Lease with the Land Registry Office and will do so with respect to any other registry where such registration is deemed necessary or beneficial by the Parties. 2.3 Possession of the Leased Property will be granted to OSL effective as of July 1st, 2004 (hereinafter: the "EFFECTIVE DATE"). 2.4 Should OIL's Lease Contracts, or part thereof, be terminated and/or not be renewed, then the Term with respect to the relevant plot, will terminate, and the provisions of section 12.3 hereunder will apply, accordingly. The parties agree that other than for gross negligence, willful misconduct, or a breach by OIL of its Lease Contracts, OIL shall not be liable to OSL for damage and/or loss which results from the termination of the Lease by the XXX or the denial of any extension by the XXX.