Examples of Term of Lease in a sentence
School Debts and Term of Lease During Appeal: However, nothing herein shall be construed as an obligation on the part of the Sponsor to secure the extension of a lease term during the pendency of an appeal or to pay with Sponsor’s fund any debts incurred by the School in order to avert a foreclosure or eviction.
Tenant provision “Landowner” is a Tenant under a (Term of Lease) (Oral/Written) Lease agreement effective , with (Date) (Landlord Name) as Landlord, covering property located at (Address) Landowner enters this Agreement subject to the superior rights of the landlord in the Premises, and for a term subject to the duration of Landowner's leasehold interest.
The Lessee shall return possession in the Leased Premises to the Lessor upon expiration of the Term of Lease or upon shortening thereof following termination of the Lease Agreement and in the same condition the Lessee received the Leased Premises except for reasonable wear and subject to the undertakings of the Lessee to implement the Lessee's Works and the maintenance as stated in section 10.5 hereunder.
During the Term of Lease (including the Additional Term of Lease) the Lessee shall not perform and shall not allow any other party to perform in the Leased Premises or in connection therewith any action that might constitute a nuisance or an obstacle or cause any damage or inconvenience to the Lessor and/or the owner and/or the owners and/or possessors of nearby properties and/or to any third party.
The Lessor hereby leases to the Lessee and the Lessee hereby leases from the Lessor the Leased Premises for the Term of Lease as stated in section 7 hereunder and in accordance with the provisions set forth in this Agreement.