Lease Amendments Clause Samples
The Lease Amendments clause defines the process and requirements for making changes to the terms of a lease agreement. Typically, this clause stipulates that any modifications must be made in writing and signed by both the landlord and tenant to be valid. For example, if the parties wish to extend the lease term or adjust the rent, they must formally document and approve these changes. This clause ensures that all alterations to the lease are clear, mutually agreed upon, and legally enforceable, thereby preventing misunderstandings or disputes over informal or unauthorized changes.
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Lease Amendments. To Agent, within two (2) Business Days after receipt thereof, copies of all material amendments to real estate leases.
Lease Amendments. To Agent, copies of all material amendments to real estate leases.
Lease Amendments. As a condition to the closing of the refunding transaction, Lessee and Owner Trustee will amend the Lease, as contemplated by Section 3.2.1(b) of the Lease, to provide that (a) Basic Rent in respect of the period from and after the Refunding Date shall be as provided in the Refunding Information and (b) amounts payable in respect of Stipulated Loss Value and Termination Value, from and after the Refunding Date shall be as provided in the Refunding Information.
Lease Amendments. To Agent, within 5 Business Days after receipt thereof, copies of all material amendments to any real estate leases, but without any requirement to deliver lease renewals entered into in the ordinary course of business.
Lease Amendments. Tenant agrees to make such changes in this Lease as may be reasonably required by the holder of any mortgage of which the Premises are a part, or any institution which may purchase all or a substantial part of Landlord's interest in the Premises, provided that such changes may not increase the Fixed Rent or other payments due hereunder or otherwise materially affect the obligations of Tenant hereunder, and provided further that such changes do not (i) materially interfere with Tenant's right of use and enjoyment of the Premises pursuant to this Lease, (ii) limit, impair or delay Tenant's rights to sublease or assign all or portion of this Lease pursuant to Section 5.2.1 hereof, (iii) limit, impair or delay Tenant's right to obtain a reduction or abatement of rent pursuant to Section 6.2, (iv) limit, impair or delay Tenant's right to terminate this Lease pursuant to Section 3.2 or Section 6.2 or (v) otherwise unreasonably limit, impair or delay Tenant's rights hereunder.
Lease Amendments. Borrower agrees that it shall not have the right or power, as against Lender without its consent, to cancel, abridge, amend or otherwise modify any Lease unless such modification complies with this Section 8.7.
Lease Amendments. Mezzanine Borrower shall cause Mortgage Borrower to agree that it shall not have the right or power, as against Mezzanine Lender without its consent, to cancel, abridge, amend or otherwise modify any Lease unless such modification complies with this Section 8.7.
Lease Amendments. To Agent, promptly after receipt thereof, copies of all material amendments to real estate leases.
Lease Amendments. The Lease is hereby amended (“Second Amendment”) as follows:
(a) The Lease Term set forth in that certain Acknowledgement and Confirmation of Lease Terms as signed on May 25, 2023 is hereby amended to reflect the first year of the initial ten (10) year Lease Term shall commence on the first (1st) day of the calendar month following the date of this Assignment Agreement, also the revised Rent Commencement Date, and shall expire ten (10) years thereafter (the “New Initial Term”). For avoidance of doubt, initial monthly Base Rent during the New Initial Term shall be as shown on Exhibit 5 of the Lease (i.e., Twenty-Five Thousand One Hundred and Forty-Five and 83/100 ($25,145.83) Dollars per month). Tenant may not open at another location within Lawrence Township, New Jersey for the same business Use agreed upon in the Lease until the New Initial Term and all Renewal Option Terms have expired, whether or not Tenant is in occupancy of the Premises.
(b) Section 4.03. Tenant shall pay to Landlord or to third parties on behalf of Landlord, should Tenant self-perform, the Additional Rent owed by Tenant to Landlord as set forth in Article IX and as otherwise set forth in the Lease and items listed on Exhibit 6 thereto and updated/revised as Exhibit “D” hereto. Tenant may elect, following ninety (90) days’ written Notice to Landlord, to self-perform all general/routine site maintenance, including without limitation, snow removal, landscaping and the like per Section 9.02 and list on Exhibit 6 to the Lease without payment of Management Fee to Landlord. Tenant shall within ten (10) days of timely and direct payment of Additional Rent to third parties provide Landlord with copies of evidence of any and all payments. For avoidance of doubt, Landlord shall pay pursuant to Article X of Lease real estate taxes and sewer directly to the Township of Lawrence, the taxing authority, as well as pursuant to Section 16.09 of Lease Landlord insurance, with reimbursement from Tenant as Additional Rent, pursuant to the terms of the Lease. Should Tenant fail to timely perform all general/routine maintenance and direct pay such Additional Rent per Section 9.02 and list on Exhibit 6 to the Lease, notwithstanding other language and provisions in the Lease, Landlord may perform such services and/or make such payments on behalf of Tenant following fifteen (15) days’ notice to Tenant. Thereafter, Tenant shall be liable to Landlord in the amount of any such payments plus ten (10%) thereof as ...
Lease Amendments. These rules and regulations are subject to revision from time to time by the OWNER or its agent upon sixty (60) days written notice mailed or delivered to the LESSEE.