Combination Lease Clause Samples
A Combination Lease clause defines an agreement where both a gross and a net lease structure are combined, allocating certain expenses between the landlord and tenant. In practice, this means the tenant may pay a base rent that covers some operating costs, while also being responsible for specific additional expenses such as utilities or property taxes. This clause provides flexibility in how costs are shared, allowing the parties to tailor the lease to their needs and ensuring a balanced distribution of financial responsibilities.
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Combination Lease. If this Lease is not the Section 39 Lease, effective as of the Section 39 Date, this Lease shall be amended as necessary (i) to incorporate into the Combination Lease as Leased Properties thereunder the Leased Properties covered by this Lease the same as if the Leased Properties covered by this Lease had, from the inception of this Lease, been included in the Combination Lease as Leased Properties thereunder on the rent, lease terms and other economic terms described in this Lease and (ii) otherwise to comply with the requirements of Section 39 of the Combination Lease, as the Section 39 Lease thereunder. Tenant acknowledges and agrees that, without limitation of Section 39.2.5 above, the amendment referenced in this Section 39.3 shall not result in Tenant being released from any duties, liabilities or obligations that had accrued under this Lease through the Section 39 Date.
Combination Lease. If this Lease is not the Surviving Lease, effective as of the Surviving Lease Date, this Lease shall be amended as necessary (a) to incorporate into the Combination Lease as Facilities thereunder the Facilities covered by this Lease and (b) otherwise to comply with the requirements of the Combination Lease. Landlord and Tenant acknowledge and agree that the amendment referenced in this Section 2 of this Exhibit H shall not result in Landlord or Tenant being released from any duties, liabilities or obligations that had accrued under this Lease through the Surviving Lease Date.
Combination Lease. 82 39.4 Section 39 Date................................................................................82 39.5
Combination Lease. 67 39.4. SECTION 39 DATE.............................................................. 67 39.5.
Combination Lease. 51 Condition Standard ........................................................................................................................22 Deleted Facility .............................................................................................................................36 Deleted Facility or Facilities .........................................................................................................36