TYPE OF LEASE. Individual Rack Rent Lease
TYPE OF LEASE. This is a net lease transaction whereby maintenance, insurance, property taxes, and all items of a similar nature are solely for the account of the Lessee.
TYPE OF LEASE. Except as otherwise provided in this Lease, the Minimum Annual Rental is to be paid to Landlord net of taxes, insurance and maintenance. This is a “triple net lease” in that Tenant shall be responsible for the cost of taxes, insurance, maintenance, utilities and all other charges, except for those items of maintenance which are specifically made the responsibility of the Landlord in this Lease.
TYPE OF LEASE. ¨ New ¨ Renewal þ Expansion ¨ Option BUSINESS NAME: Heat Biologics TENANT: Heat Biologics, Inc. CONTACT: Xxxx Xxxx, CEO – Xxxxxxxx Xxxxx (o) 919-240-7133 (e-mail) xxxxx@xxxxxxx.xxx PROPERTY ADDRESS: Europa Center – Suite 420 000 Xxxxxx Xx., Xxxxxx Xxxx, XX 00000 LANDLORD: EUROPA CENTER, LLC. NOTICE ADDRESS: AVISON YOUNG (formerly Xxxxxx Xxxxxxxxx Xxxxxx Inc.) 000 Xxxxxx Xx. – Xxxxx 000, Xxxxxx Xxxx, XX 00000 RENT PAYMENTS: Europa Center, LLC, c/o AVISON YOUNG (formerly Xxxxxx Xxxxxxxxx Xxxxxx Inc.) X.X. Xxx 000000, Xxxxxxx, XX 00000-0000 DATE SIGNED: December 19, 2012
TYPE OF LEASE. THIS IS A JOINT AND SEVERAL LEASE WITH INDIVIDUAL RENT RESPONSIBILITY. All Tenants in the Townhouses, and their Guarantor(s), are jointly and severally liable for all obligations under this Lease except for Rent and Basic Cleaning/Redecoration fee which are individual responsibility of each Tenant and Tenant's Guarantor(s). Each Tenant and Guarantor(s) will only be responsible for their share of the Rent and not the other Tenant's share of Rent or another Tenant's Basic Cleaning/Redecoration fee. Any and all other fees, damages and other charges assessed under this Lease are joint and several liability of the Tenants and their Guarantor(s).
TYPE OF LEASE. Lessee will pay all taxes when due and give notice to Lessor. Net lease transaction whereby Lessee shall be responsible for the payment of all taxes (other than Lessor's income taxes), fees to secure Lessor's Equipment security position, insurance and maintenance and all other costs in connection with the Equipment, and its operation. Lessee shall provide evidence of physical damage and liability insurance with endorsements in amounts acceptable to the Lessor prior to the delivery of the Equipment. CREDIT EXPIRATION: Credit approval, if granted, and acceptance of the terms outlined in this proposal shall remain in effect for the period specified under Lease Payments, but in no event, longer than one (1) year from the date of this proposal and subject to no material adverse change in the financial condition of the Lessee. PROPOSAL EXPIRATION DATE: This proposal shall remain in effect for fifteen (15) days from the date of this letter. This proposal is not an agreement or commitment to lease. The Lessor's obligation to provide the proposed structure is subject to an agreement between Lessor and Lessee and other material terms of the proposed structure, the obtaining of all prior approvals by Lessor, including credit committee approval, and the review and execution of documentation mutually acceptable to Lessor and Lessee. Our proposal is based upon current tax laws and any change in tax laws prior to funding the Equipment which adversely affects the tax benefits available to Lessor may require certain terms and conditions of this proposal to be adjusted. The proposed financing is subject to the conditions that a clear market exists for the syndication of the proposed financing and that no material changes in governmental regulations or policies affecting the Lessee, Lessor, or Assignee involved in this transaction occur prior to the Closing Date. FCC shall be entitled, with the consultation of the Lessee, to readdress the pricing, structure, or any other terms of this financing if FCC determines that such changes are required in order to ensure a successful syndication. If the above terms and conditions are acceptable, please acknowledge your acceptance below and return this letter. Thank you for the opportunity to present our proposal and we look forward to a long and mutually beneficial relationship. Sincerely, FLEET CAPITAL CORPORATION /s/ Greg Larrick Gregory E. Xxxxxxx Vice Xxxxxxxxx XXXXX ACKNOWLEDGMENT This proposal is acceptable to us, And this finan...
TYPE OF LEASE. [ ] Microwave Tower [ ] Land [ ] Pole Change Out [ ] Attachment Site Name: Coordinates: Address/Location:
TYPE OF LEASE. Gross or Triple Net (NNN) When deciding what to charge a tenant, the main question they will ask themselves is whether the rent includes insurance, property taxes and/or maintenance of the property. . This is very important and should be reflected in real estate marketing. Total rent – the tenant pays only the monthly amount specified in the rental agreement. The owner will pay the property taxes, insurance and maintenance of the property. Triple Tenancy (NNN) - the tenant pays the amount specified in the lease each month, plus property taxes, insurance and maintenance of the property. Step 4 – Hire an agent or sell the property yourself. Now you need to list the property. This lets other businesses and individuals looking for a property know about availability. You will therefore need to decide whether you want to sell the property yourself or pay a real estate agent to sell the property on your behalf. Each real estate agent charges their own rates, although it is common in the industry to charge between 4-6% of the total rent. 50% of the commission is paid at the signing of the lease and the remaining 50% is paid when the tenant moves in. So, for a 5-year lease at $1,000 per month, the agent's fee would be $2,500 ($50,000 times 5% = $2,500). CBRE JLL Xxxxxxx and Xxxxxxxxx Group Business 5, a popular commercial real estate company. List the property If the property is managed by an agent, you may not have to worry about listing the property for sale. If you decide to sell the property yourself, you will need to use the internet as your only source to secure a location. When adding a property, it is best to create beautiful images of the interior and exterior, as well as all common areas. It is also important to note all amenities, parking, water/sewer and any other information necessary for the needs of the potential tenant. Popular Commercial Advertising Sites Step 6 - Negotiate the Lease When contacting a potential tenant, it's best to understand their needs and come to an agreement. Therefore, it can be beneficial for you and your agent (if you have one) to work creatively with the tenant to come to an agreement that works for both parties. EXAMPLE Charge the tenant a percentage (%) of their selling rent instead of a higher monthly amount. So if the tenant earns money, you earn too. Step 7. Do a credit check.The company installed is probably a businesswoman or a small company. Therefore, you need to make a creditworthiness background and verification ...
TYPE OF LEASE. As per the terms of this agreement, it shall be considered to be: ( select one)
