Demise of Premises and Term of Lease Sample Clauses

Demise of Premises and Term of Lease. 32 Section 2.1 Demise of Premises 32 Section 2.2 Term 33 Section 2.3 Premises “AS IS” 34 ARTICLE 3 RENT 34 Section 3.1 Time and Place of Payment 34 Section 3.2 Base Rent 34 Section 3.3 Prepayment Option. 37 Section 3.4 Percentage Rent for Parking Garage and Retail Portion. 39 Section 3.5 Percentage Rent for Hotel Portion 40 Section 3.6 Ballpark Lease Parking Contribution. 40 Section 3.7 Additional Rent 41 Section 3.8 Payments in Lieu of Taxes 42 Section 3.9 Abatement, Deduction, Counterclaim and Offsets 48 Section 3.10 Acceptance of Partial Payments; No Waiver 48 Section 3.11 Percentage Rent Holdback 48 ARTICLE 4 IMPOSITIONS 49 Section 4.1 Payment of Impositions 49 Section 4.2 Evidence of Payment 51 Section 4.3 Evidence of Nonpayment 51 Section 4.4 Apportionment of Imposition 51 Section 4.5 Taxes 51 Section 4.6 Sales Tax 51
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Demise of Premises and Term of Lease 

Related to Demise of Premises and Term of Lease

  • Lease of Premises Subject to and upon the terms and conditions set forth herein, Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord.

  • Condition of Leased Premises Tenant hereby acknowledges that Xxxxxx has examined the leased premises prior to the signing of this Lease, or knowingly waived said examination. Tenant acknowledges that Tenant has not relied on any representations made by Landlord or Landlord’s agents regarding the condition of the leased premises and that Tenant takes premises in its AS-IS condition with no express or implied warranties or representations beyond those contained herein or required by applicable Georgia law. Xxxxxx agrees not to damage the premises through any act or omission, and to be responsible for any damages sustained through the acts or omissions of Tenant, Xxxxxx’s family or Xxxxxx’s invitees, licensees, and/or guests. If such damages are incurred, Tenant is required to pay for any resulting repairs at the same time and in addition to the next month’s rent payment, with consequences for non-payment identical to those for non- payment of rent described herein. At the expiration or termination of the Lease, Tenant shall return the leased premises in as good condition as when taken by Tenant at the commencement of the lease, with only normal wear-and-tear excepted. Modification Of This Lease Any modification of this lease shall not be binding upon Landlord unless in writing and signed by Landlord or Landlord’s authorized agent. No oral representation shall be effective to modify this Lease. If, as per the terms of this paragraph, any provision of this lease is newly added, modified, or stricken out, the remainder of this Lease shall remain in full force and effect.

  • Condition of Premises The Tenant’s taking possession of the Premises shall be conclusive evidence that the Premises were in good order and satisfactory condition when the Tenant took possession, excluding items of damage caused by Tenant or its agents, independent contractors or suppliers. No promise of the Landlord to alter, remodel or improve the Premises or the Building and no representation by Landlord or its agents respecting the condition of the Premises or the Building have been made to Tenant or relied upon by Tenant other than as may be contained in this Lease. Tenant accepts the Premises AS-IS, WHERE-IS AND WITH ALL FAULTS, and acknowledges that no representations, warranties, guarantees, promises, statements or estimates of any nature whatsoever upon which Tenant is relying whether written or oral, express or implied, in fact or in law, have been made by Landlord, any real estate broker, agent, employee or attorney-in-fact or at law or purporting to represent Landlord. Notwithstanding anything to the contrary contained in this Lease, if within thirty (30) days following Landlord’s delivery of possession of the Premises to Tenant, it is determined that any of the mechanical or utility systems serving any portion of the Premises was not in good operating condition for the use contemplated by Tenant as of the delivery of possession of the Premises by Landlord to Tenant (but without regard to any subsequent particular use of the Premises by Tenant or any subsequent alterations or improvements made to the Premises by or on behalf of Tenant), then Landlord shall, at Landlord’s sole cost, promptly perform such corrective work so as to cause such systems to be in good working order (but Landlord shall not be liable for any increased costs of such corrective work resulting from the particular use of the Premises by Tenant).

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