Lease Summary Clause Samples
The LEASE SUMMARY clause provides a concise overview of the key terms and conditions of a lease agreement. It typically includes essential information such as the names of the parties, the lease term, rent amount, security deposit, permitted use, and any critical dates or options. By presenting these details in a summarized format at the beginning of the lease, this clause helps both parties quickly reference and understand the main points of the agreement, ensuring clarity and reducing the risk of misunderstandings.
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Lease Summary. The following is a summary of some of the basic terms of this Lease, which are elaborated upon in the balance of this Lease. This Section 1 is for convenience and if a conflict occurs between the provisions of this Section 1 and any other provisions of this Lease, the other provisions of this Lease shall govern.
Lease Summary. The Lease Summary attached to this Lease is intended to provide general information only. In the event of any inconsistency between the Lease Summary and the specific provisions of this Lease, the specific provisions of this Lease shall prevail.
Lease Summary. The Lease Summary attached to this Lease is intended to provide general information only. In the event of any inconsistency between the Lease Summary and the specific provisions of this Lease, the specific provisions of this Lease shall prevail. THIS LEASE is effective as of the date the last signatory necessary to execute the Lease shall have executed this Lease. LANDLORD PATRICIAN ASSOCIATES, INC., a California corporation By:/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ---------------------- Print Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ -------------------- Its: Vice President ------------------------- By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ -------------------------------- Print Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ----------------------- Its: Vice President and Secretary ---------------------- TENANT INGENEX, INC. a Delaware corporation By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ ------------------------ Print Name: ▇▇▇▇ ▇. ▇▇▇▇▇ ---------------------- Its: President and CEO ------------------------------- By: -------------------------------- Print Name: ------------------------ Its: -------------------------------- MENLO BUSINESS PARK, a California general partnership By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇ ---------------------------- ▇▇▇▇ ▇. ▇▇▇▇▇, as general partner By: ▇▇▇▇▇▇▇ Investment Company, as general partner By: /s/ ▇.▇. ▇▇▇▇▇▇▇ ▇▇ ---------------------------- ▇.▇. ▇▇▇▇▇▇▇ ▇▇ By: /s/ ▇.▇. ▇▇▇▇▇▇ ----------------------------- ▇.▇. ▇▇▇▇▇▇ By: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇., and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Trustees UTD 1/23/75, as general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. --------------------------------- ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇., Trustee EXHIBIT B PREPARATION WORK TO BE COMPLETED BY THE LANDLORD GROUND FLOOR
1. The HVAC system shall be repaired (if necessary), so that it is in good order and repair, and shall be maintained by Landlord with costs prorated to both tenants of Suite B on a square foot basis.
2. The conference room ceiling and walls shall be maintained and repaired (if necessary), so that they are in good order and repair.
3. ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇ separated from the mezzanine of Suite 14 B, in a manner that provides privacy and security for both areas, subject to the approval of the Menlo Park Fire Department.
4. The utilities to both the Premises and the mezzanine of Suite 14B shall be sub-metered separately, and gas usage to each space shall be prorated by an independent licensed engineer based on load calculations appropriate to each space. EXHIBIT "2" COMMENCEMENT DATE MEMORANDUM LANDLORD: MENLO BUSINESS PARK and PATRICIAN AS...
Lease Summary. The following summarizes certain provisions of this Lease. Each reference in this Lease to any of the provisions contained in this Article 1 shall be deemed to incorporate all of the terms of such provision. In the event of any conflict between any provision in this Article 1 and a provision in the balance of this Lease, the latter shall control.
Lease Summary. This page is for the convenience of the parties and summarizes the principal terms of the lease. It does not alter or define any of the terms of this lease.
Lease Summary. The following is a summary of the basic lease provisions contained in the lease. It is an integral part of the lease and shall define the terms unless expanded or modified in the text of the lease and its exhibits which are attached hereto and a part of this summary.
Lease Summary. The Lease Summary attached to this Lease is intended to provide general information only. In the event of any inconsistency between the Lease Summary and the specific provisions of this Lease, the specific provisions of this Lease shall prevail. THIS LEASE is effective as of the date the last signatory necessary to execute the Lease shall have executed this Lease: TENANT: LANDLORD: VirnetX Inc., a Delaware corporation By: /s/ Ke▇▇▇▇▇ ▇▇▇▇▇▇ ▇RANITE CREEK BUSINESS CENTER, a California general partnership Its: CEO By: TBI-SV III, a California limited Partnership, General Partner Date: 3/21/06 By: /s/ Ch▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇ Ch▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇, Trustee of the Toeniskoetter Family Trust dated December 19, 2001 By: Westwood Company – Scotts Valley, a California general partnership, General Partner By: /s/ An▇▇▇▇▇ ▇. ▇▇▇▇▇▇ An▇▇▇▇▇ ▇. ▇▇▇▇▇▇, Trustee of the Mo▇▇▇▇ ▇eparate Property Trust dated June 3, 1983 Date: 3/23/06 LEASE DATE: March 15, 2006 LANDLORD: Granite Creek Business Center LANDLORD’S ADDRESS: c/o ▇▇▇▇▇▇▇▇▇▇▇▇▇ & Breeding, Inc., TENANT: VirnetX Inc., a Delaware corporation TENANT’S ADDRESS: 15▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ CONTACT PERSON/TELEPHONE #: Ke▇▇▇▇▇ ▇▇▇▇▇▇ (6▇▇) ▇▇▇-▇▇▇▇ PREMISES: approximately 99▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇eet BUILDING ADDRESS: 56▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇. ▇▇▇▇▇ BUILDING SQUARE FOOTAGE: approximately 38,000 rentable square feet PROJECT SQUARE FOOTAGE: approximately 90,000 rentable square feet TENANT’S BUILDING PERCENTAGE: 3.11% TENANT’S PROJECT PERCENTAGE: 1.11% ANTICIPATED COMMENCEMENT DATE: April 1, 2006 LEASE TERM: Twelve (12) months INITIAL MONTHLY RENT: $1,144.25/ MONTH, NNN SECURITY DEPOSIT: $1,248.75 THIS FIRST AMENDMENT TO LEASE (“First Amendment”) is entered into as of April 1, 2007, by and between Granite Creek Business Center, a California general partnership (“Landlord”) and VirnetX Inc., a Delaware Corporation (“Tenant”) and is an Amendment to the Lease Agreement dated March 15, 2006 (“Lease”), relating to the Premises consisting of approximately nine hundred ninety-five (995) rentable square feet, as shown on EXHIBIT A of the Lease (the “Premises”) in that certain building, commonly known as 56▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (the “Building”) The parties now desire to amend the Lease as follows:
Lease Summary. The Lease Summary attached to this Lease is intended to provide general information only. In the event of any inconsistency between the Lease Summary and the specific provisions of this Lease, the specific provisions of this Lease shall prevail. THIS LEASE is effective as of the date the last signatory necessary to execute the Lease shall have executed this Lease. Dated: TENANT: --------------------- Career Central Corporation, a California corporation By /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ------------------------------------- Its CEO ---------------------------------- By ------------------------------------- Its ---------------------------------- Dated: 2-17-98 LANDLORD: --------------------- Palo Alto Property, a California general partnership By ▇. ▇▇▇▇▇▇▇ Enterprises, Inc. Authorized Agent By /s/ ▇▇▇ ▇▇▇▇▇▇▇ ------------------------------------- ▇▇▇ ▇▇▇▇▇▇▇ EXHIBIT A [Floorplan] EXHIBIT B-1 All that Certain Real Property in the City of Palo Alto, County of Santa ▇▇▇▇▇, State of California, described as follows: All of Parcel 1, as shown upon that certain Parcel Map filed for record in the County of Santa ▇▇▇▇▇, State of California, on May 15, 1969 in Book 253 of Maps, at Page 27. Excepting therefrom that certain parcel of land granted in the Deed of ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, et al., to the Santa ▇▇▇▇▇ County Flood Control and Water District, a public corporation, recorded March 26, 1973 in Book 0293, Page 145, Official Records, described as follows: Being a portion of the property conveyed to ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ by the Deed recorded in Book 7941 of Official Records of Santa ▇▇▇▇▇ County, at Page 143, and being more particularly described an follows: Beginning at the intersection of the Southeasterly line of the above mentioned property with the Southwesterly line of that certain right of way granted to the Santa ▇▇▇▇▇ County Flood Control and Water District designated as "parcel I" in Deed recorded in Book 5046 of Official Records of said County at Page 71;
(1) North 45 degrees 07' 10" West 139.91 feet;
Lease Summary. Sections 1.1, 4.1, 4.2 and 21.25 of the Lease Summary are deleted in their entirety and the following substituted in lieu thereof:
Lease Summary. The Lease Summary, as attached to the Lease, is hereby deleted and Exhibit B-1 attached hereto is hereby inserted in lieu thereof. In the event of any conflict between the text of the Lease, as amended by this Second Amendment, and the Lease Summary attached hereto as Exhibit B-1, the Lease Summary shall control.
