Demised Premises and Term. (a) In consideration of the rents and additional rents hereinafter reserved and all of the provisions, agreements, covenants and conditions hereinafter contained, Landlord hereby leases and demises to Tenant, and Tenant hereby hires, leases and takes from Landlord approximately 18,000 square feet of floor space ("Floor Space"), being the entire Building, more particularly indicated and described by cross-hatching on the Plot Plan (the Building being hereinafter referred to as the "Demised Premises") located on Lot No. 3/1 in the Center located in the BOROUGH OF SHREWSBURY, COUNTY OF MONMOUTH and STATE OF NEW JERSEY, together with all improvements to be constructed thereon by the Landlord for the use of the Tenant, and all easements, tenements and appurtenances thereto, including without limitation, and the use of the parking spaces outlined in red on Exhibit A which shall be reserved for use by Tenant (the aforesaid parking spaces and the drive aisles between said spaces are hereinafter referred to as "Tenant's Parking Area"), it being understood that Landlord shall not be responsible for enforcing the exclusivity of the parking space except with respect to Landlord's employees, agents and contractors, provided, however, that Landlord shall place and maintain signs and/or other markings designating such spaces (as Landlord shall determine as appropriate in Landlord's reasonable discretion) as Tenant's exclusive spaces and shall fully cooperate with Tenant in Tenant's efforts to enforce the exclusivity of such spaces.
(b) The parties acknowledge that the Landlord may, at Landlord's sole option, erect and has erected other buildings on Lot No. 3/1 (which may be different in design and construction from the Building). Landlord shall have sole control and discretion in connection with the scope, design and aesthetics of any such additional construction.
(c) The Demised Premises are demised and let subject to (i) the existing state of the title thereof; (ii) any state of facts which an accurate survey or physical inspection thereof might disclose; (iii) all zoning regulations, restrictions, rules and ordinances now in effect or hereafter adopted by any governmental authority having jurisdiction; and (iv) any utility, sewer or drainage easements or agreements and the installations made pursuant thereto now existing or hereafter granted or installed; all without representation or warranty by Landlord, except as expressly set forth herein.
Section 1.02. As long as...
Demised Premises and Term. Section 2.01 Landlord, in consideration of the rents and ------------ covenants hereinafter specified to be paid and performed by Tenant, hereby leases to Tenant, and Tenant hereby rents from Landlord, the Demised Premises for the Term and upon the Fixed Rent hereinafter described, and otherwise upon the terms and conditions herein set forth. The Demised Premises shall be for the exclusive use of Tenant, and Landlord shall not be permitted to construct any improvements on the Demised Premises without Tenant's consent, unless required by this Lease.
Section 2.02 At any time after the Rent Commencement Date, ------------ at the request of either party, each party shall execute a certificate in recordable form setting forth the exact Rent Commencement Date and originally fixed Expiration Date.
Section 2.03 Landlord shall promptly provide Tenant with ------------ a copy of any correspondence that Landlord (or Landlord's environmental consultant including without limitation Xxxxxxx Xxxxxx) receives from or sends to the New Jersey Department of Environmental Protection (or any similar local, state, or federal governmental entity). In addition, Landlord shall use its best efforts to obtain, and deliver to Tenant, a site-wide No Further Action letter with a covenant by the New Jersey Department of Environmental Protection not to xxx pursuant to N.J.S.A. 58:10B-13.1, and a release from ISRA (the "No Further Action Letter") as soon as possible.
Section 2.04 Notwithstanding anything else herein --------------- contained, provided that Tenant makes the proper applications therefor within ten (10) days of the Commencement Date, this Lease shall terminate at Tenant's option if Tenant is unable to obtain all necessary Governmental Approvals within sixty (60) days from the date hereof, in which event Landlord shall promptly return to Tenant any prepayment of Rent and the security deposit.
Demised Premises and Term. Landlord, in consideration of the rents hereinafter reserved and the terms, covenants, conditions, and agreements set forth in this Lease to be kept and performed by Tenant, does hereby demise and let unto Tenant, and Tenant does hereby hire and take from Landlord, the Demised Premises, subject only to Permitted Liens (as such term is defined in the Stock Purchase Agreement). TO HAVE AND TO HOLD the Demised Premises unto Tenant, its permitted successors and assigns, upon and subject to all of the terms, covenants, conditions, conditional limitations, and agreements herein contained for a term of years commencing on the date of this Lease and ending on July 31, 2026 (the “Basic Term”), or until said term is sooner terminated or extended pursuant to any of the conditional limitations or other provisions of this Lease.
Demised Premises and Term. 1.01 Landlord hereby leases to Tenants the premises located at 000 Xxxxxx Xxxx Xxxx, Xxxxxxx, XX and comprised of approximately 34,809 square feet ("Demised Premises"), for a term of five (5) years to commence on April 1, 2003, (the "Initial Term"). Lessee shall also have the exclusive right to park 140 passenger cars in the parking lots adjacent to the Demised Premises. Lessee shall clean and maintain walkway in front and rear of the Demised Premises, including removal of snow, ice and debris.
Demised Premises and Term. In consideration of the rents reserved herein and in consideration of the agreements and conditions herein contained on the part of Tenant to be performed and observed, Landlord does hereby demise and lease to Tenant, and Tenant does hereby hire from Landlord, the premises described in Schedule A of this Lease (hereinafter referred to as "demised premises"), for the original term of twelve (12) years commencing upon October 1, 2002 (the "Rent Day") and expiring upon September 30, 2014 (the "Original Term").
Demised Premises and Term is amended to read as follows: “Landlord hereby leases to Tenant and Tenant hereby hires and takes from Landlord the Demised Premises for the term of sixty-three (63) months commencing at 12:01 a.m. on the fifteenth (15th) day of July, 1993 and expiring at 12:00 midnight on the fourteenth (14th) day of October, 1998, unless this Agreement is sooner terminated as hereinafter provided.”
Demised Premises and Term. 1.1 Landlord is the owner of that certain improved real property in the City of Xxxxxxxxx, Xxxxx County, Nevada, consisting generally of a Office / Warehouse building, commonly known as 0000 Xxxxx Xxxx, Xxxxxxxxx, NV 89011 (APN 17801511058) (the "Premises"). Landlord does hereby lease to Tenant, and Tenant accepts the lease of the Premises for a term of One (1) Year, commencing on September 1, 2010 ("Commencement Date"), unless sooner terminated. This Lease shall be automatically renewed for additional terms of an annual lease term upon the same terms and conditions, except that any renewal is subject to the condition precedent that no uncured default by Tenant has occurred during the initial Term or any immediately preceding renewal Term, as applicable. Subject to the foregoing, this Lease shall be automatically extended for each successive renewal Term, without any further notice or action required by either party, unless Tenant notifies Landlord in writing of its intention not to renew this Lease at least thirty (30) calendar days prior to the end of the Term then existing.
Demised Premises and Term. For the use and enjoyment of Tenant, Landlord leases to Tenant the Demised Premises for a term of ninety-nine (99) years commencing January 1, 2020 and ending December 31, 2118, unless sooner terminated as herein provided, for the consideration and upon the terms and conditions herein.
Demised Premises and Term. 3 2.1. Demised Premises................................................................ 3 2.2. Term............................................................................ 3 2.3. Tenant's Entry upon Demised Premises before Commencement Date................... 4 2.4. Intentionally Deleted........................................................... 4 ARTICLE 3
Demised Premises and Term. 1.01. The Landlord hereby leases to the Tenant the following premises, all located in Xxxxxxxxx Xxxxxx, Xxx Xxxxxx 00000 and hereinafter collectively referred to as the “Leased Premises”:
