Lease Term (Article 2) Clause Samples

The Lease Term clause defines the duration for which the lease agreement is valid and binding between the landlord and tenant. It typically specifies the exact start and end dates of the lease, and may outline any provisions for renewal or extension. By clearly establishing the timeframe of the tenancy, this clause ensures both parties understand their obligations and helps prevent disputes regarding occupancy periods.
Lease Term (Article 2). 3.1 Length of Term: Six (6) years. 3.2 Lease Commencement Date: August 1, 2009. 3.3 Lease Expiration Date: June 30, 2015
Lease Term (Article 2). 3.1 Length of Term: Seven (7) years.
Lease Term (Article 2). 3.1 Length of Term: Approximately seven (7) years. 3.2 Lease Commencement Date: One hundred twenty (120) days following the date on which Landlord delivers the Premises to Tenant.
Lease Term (Article 2). 3.1 Length of Term Ten (10) years. 3.2 Lease Commencement The date that is the later of (i) the date the Premises are “Ready for Occupancy”, as defined in the Tenant Work Letter attached hereto as Exhibit B, and (ii) October 1, 2016.
Lease Term (Article 2). 3.1 Lease Term: Five (5) years 3.2 Lease Commencement Date: The date upon which the Landlord Work is substantially completed and Landlord tenders possession of the Premises to Tenant, which is anticipated to be four (4) months after the date this Lease is executed and delivered by both Landlord and Tenant.
Lease Term (Article 2). 3.1 Length of Term: Eight (8) years. 3.2 Lease Commencement Date: The earlier to occur of (i) the date upon which ▇▇▇▇▇▇ first commences conducting business in the Premises and (ii) the Possession Date (as that term is defined in Section 1.1.1 of this Lease). The Lease Commencement Date is currently estimated to be on or about October 1, 2022.
Lease Term (Article 2). 3.1 Length of Term: Approximately ten (10) years, commencing on the Rent Commencement Date.
Lease Term (Article 2). 3.1 Length of Term: Approximately one hundred twenty-six (126) full calendar months.
Lease Term (Article 2). 3.1 Lease Term Five (5) years and four (4) months. 3.2 Lease Commencement Date: February 1, 2026. 3.3 Lease Expiration Date: May 31, 2031.
Lease Term (Article 2)