Common use of LEASE RENEWALS Clause in Contracts

LEASE RENEWALS. After the initial lease term expires, leases automatically renew on a bi-monthly basis, under the same terms and conditions, for an additional fee. Landlord reserves the right to amend or change terms and conditions, including rent amount, at the time of lease renewal or at any time during a bi-monthly lease. Landlord will issue notice of lease changes or amendments 75 to 90 days before new terms come into effect. Tenants on a bi-monthly automatic renewal shall give a written notice to vacate as described in provision #17 above. With management approval, Tenant may have the option of renewing for an extended lease term.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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LEASE RENEWALS. After the initial lease term expires, leases automatically renew on a bi-monthly basis, under the same terms and conditions, for an additional fee. Landlord reserves the right to amend or change terms and conditions, including rent amount, at the time of lease renewal or at any time during a bi-monthly lease. Landlord will issue notice of lease changes or amendments 75 to 90 days before new terms come into effect. Tenants on a bi-bi- monthly automatic renewal shall give a written notice to vacate as described in provision #17 16 above. With management approval, Tenant may have the option of renewing for an extended lease term.

Appears in 1 contract

Samples: Lease Agreement

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