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.
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. 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. IX. Step 3 – Lease Type: Gross or Triple-Net (NNN) When choosing what to charge the tenant a major question they will ask is if the rental amount includes the insurance, real estate taxes, and/or the maintenance of the property. A record of the final date of this agreement should be dispensed to article IV. If the Lessee will be allowed to renew this lease so long as he or she pays an additional sum calculated as a percentage of the current rent, then select the fourth statement. (20)
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. (28)
Leasing Period. Producing the number of years and months / this contract will be effective. This will be the duration of the contract for the commercial space. Thus, the number of years and months reported here will define the period of time from the date of entry into force on the date of its termination. (13)
Leasing Period. The Parties (1) Date Of Party Agreement. The calendar date by which both Parties formally agree to the content of this commercial lease should be reported in the first article. The most common types of industrial properties include heavy manufacturing, light assembly, flex warehouse, bulk warehouse, and R&D facilities. Popular Commercial Real Estate Companies CBRE Group JLL Xxxxxxx and Xxxxxxxxx Step 5 – List the Property If the property is being handled by an agent then you probably do not have to worry about the property being listed. If the Lessee must submit a security deposit for the commercial space, then pick the second checkbox statement. Both Parties must sign this document for its effect to be valid. A record of the final date of this agreement should be dispensed to article IV. Once this contract is signed, this will be the premises the Lessee shall pay to occupy. Option To Renew (33) Lessee May Not Renew. Step 4 – Hire an Agent or Market the Property Yourself Now you will need to get the property listed. Download: Adobe PDF, MS Word, OpenDocument Facility Event Space Rental Agreement – An agreement to rent a setting for an event. The landlord will pay the real estate taxes, insurance, and maintenance on the property. Commercial leases are commonly between 5-10 years with options for the tenant to renew at pre-determined rates. This process will support the Lessor’s signature through the Notary Public’s testimony that he or she has watched the Lessor sign this document. Perform a Business Credit Check (Experian) – This will show the credit history of the company with details like how fast they pay-back their vendors and annual sales. If selected, establish the purpose or business activity allowed on the premises by presenting each one in the space provided. A commercial lease agreement allows a landlord to lease a space for retail, office, or industrial use. Per 42 U.S. Code § 12183 if the Lessee is using the Premises as a public accommodation (e.g. restaurants, shopping centers, office buildings) or there are more than 15 employees the Premises must provide accommodations and access to persons with disabilities that is equal or similar to that available to the general public. The tenant’s annual rent is based on the price per square foot ($/SF) plus any triple-net (NNN) expenses. If additional content must be presented to fully describe the leased commercial space, then make sure this information is included by dispensing it to the “Other Descr...
Leasing Period. 4.1 The Lease Period is for 7 years, starting from [printed: 1/16/96] [handwritten: 1/23/96] (hereinafter, "Lease Start Date"), ending 1/15/2003 ["2" replaces 15 in handwriting] (hereinafter, "Lease Termination Date") pursuant to the conditions specified herein. The period from the Lease Start Date to the Lease Termination Date shall be called hereinafter "Lease Period."
Leasing Period. From August 8, 2000 to September 8, 2001. August 8, 2000 to September 8, 2000 will be the equipment tuning / testing period for both Parties. On expiration of this lease, both Parties can consult with each other to extend the lease.
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.
