DEMISED PREMISES OR Sample Clauses
The "Demised Premises" clause defines the specific area or property that is being leased or rented under an agreement. It typically describes the boundaries, address, and sometimes the condition or fixtures included within the leased space, ensuring both parties are clear on what is covered by the lease. By precisely identifying the subject of the lease, this clause prevents disputes over the extent of the tenant's rights and the landlord's obligations, thereby ensuring clarity and reducing the risk of misunderstandings.
DEMISED PREMISES OR. PREMISES mean and are agreed and deemed to be 3,651 gross rentable square feet on the second (2nd) floor as shown on Exhibit A to this Lease, which includes an allocable share of the Common Facilities.
DEMISED PREMISES OR. PREMISES mean and are agreed and deemed to be 24,296 gross rentable square feet on the third (3rd) floor as shown on Exhibit A to this Lease, which includes an allocable share of the Common Facilities.
DEMISED PREMISES OR. PREMISES mean and are agreed and deemed to be 5,390 gross rentable square feet on the second (2nd) floor as shown on Exhibit A to this Lease, which includes an allocable share of the Common Facilities.