Leasing Period Sample Clauses
The Leasing Period clause defines the specific duration for which the lease agreement is valid and enforceable. It typically states the start and end dates of the lease, and may outline any provisions for renewal or extension. By clearly establishing the timeframe of the tenant’s right to occupy the property, this clause ensures both parties understand their obligations and helps prevent disputes over possession or termination.
Leasing Period. During the period from the IPO through the end of the day immediately prior to the Employment Commencement Date for Qualtrics-Aligned Employees (the “Leasing Period”), SAP shall continue to employ the Qualtrics-Aligned Employees and to make the Qualtrics-Aligned Employees available to any Qualtrics Entity (without any requirement to provide any additional compensation or benefits to such Qualtrics-Aligned Employees that will not be reimbursed pursuant to this Agreement), to perform such lawful tasks as the applicable Qualtrics Entity may direct in connection with the Qualtrics Business, subject to applicable law and the terms of any applicable employee policies of SAP (the “Leased Services”). During the Leasing Period: (i) SAP agrees that it shall not terminate the employment of any Qualtrics-Aligned Employee without the prior written consent of Qualtrics, which shall not be unreasonably withheld or delayed in the event of grounds constituting “cause” under any SAP Plan, or any SAP policy, practice or applicable law; and (ii) SAP shall instruct in writing the leased Qualtrics-Aligned Employees to (a) maintain the confidentiality of any confidential or trade secret information of Qualtrics and (b) comply with all other applicable employment policies of SAP, and SAP shall report promptly to Qualtrics any suspected failure of the leased Qualtrics-Aligned Employees to follow such instruction. For the avoidance of doubt, a decision by SAP to terminate the employment of any Qualtrics-Aligned Employee pursuant to this Section 7.1 shall in no way modify Qualtrics’ obligations under this Agreement, including, without limitation, Article VI. Notwithstanding the foregoing, if any Qualtrics-Aligned Employee shall be terminated by SAP and re-hired by Qualtrics in connection with such employee’s transfer of employment to Qualtrics, SAP shall terminate the applicable Qualtrics-Aligned Employee as of 11:59 pm of the day immediately prior to such employee’s Employment Commencement Date.
Leasing Period. 7.1. The term of the Agreement means the time interval from the date of signing the Agreement to the date of full and proper fulfillment by the Parties of all their obligations under the Agreement.
7.2. The Leasing Period shall be calculated from the date of actual transfer of the Leased Asset to the Lessee for temporary possession and use, namely, from the date of signing by the Parties of the Acceptance Certificate.
7.3. By agreement of the Parties, the Agreement may be extended for a new term.
Leasing Period. The leasing period shall be 3 years, commencing as from January 1, 2008, the date on which Lessor shall deliver the premises to Lessee for use. Upon expiry of the leasing period, in the absence of a 12-month notice to the other party by any party wishing to terminate this Contract, the Contract will be automatically renewed.
Leasing Period. An initial lease period of ten years, commencing September 16, 2019 (the “Initial Period”). The Company has the option to extend the lease by up to two consecutive periods of five year each, exercisable upon submitting a written notice six months prior to the expiration of the Initial Period, or the first extension period, as applicable (the “Option”). The Option is exercisable relating to all or part of the leased asset, as determined by the Company.
Leasing Period. The first leasing period has commenced on September 21, 2024 and will last sixty (60) months thereafter (the “Initial Period”). The Company has an option to extend the lease period for two additional periods, of thirty six (36) and twenty four (24) months, respectively (the “First Optional Period” and the “Second Optional Period”, respectively), unless the Company issues a 270-day prior written notice to the contrary, at the Company’s sole discretion.
Leasing Period. The third checkbox should be marked if the Lessee may renew the lease and be required to pay an increase that is the calculated product of the rent and the annual change of the CPI (Consumer Price Index). Step 10 – Write the Commercial Lease Agreement Use an attorney or draft the lease yourself. Whether you’re checking a business or individual the best website to use is Experian.
Leasing Period. An initial lease period of three (3) years, that commenced on June 7, 2018 (the “Initial Period”), as extended to an additional term ending on February 28, 2031 (the “Extended Period”).
Leasing Period. The leasing period is from October 1, 2010 to September 30, 2012. The monthly rent is RMB 20,000 (Renminbi Twenty Thousand Yuan).
Leasing Period. An initial lease period of 36 months commenced on October 31, 2021 (the “Lease Period”). The Lease Period shall be automatically extended for an additional 36 months, in relation to all of the leased assets. If the Company is not interested in extending such period, it shall notify the Lessor of its intentions, 6 months prior to the end of the Lease Period.
Leasing Period. Land Use Certificate # Land Use Permitted Period Leasing Period Qiyang National Owned #01003 06/2005-06/2055 03/2006-06/2055 Qiyang National Owned #000769 05/2005-05/2055 03/2006-05/2055 Qiyang National Owned #000770 05/2005-05/2055 03/2006-05/2055