Out-Letting Systems Clause Samples
The Out-Letting Systems clause defines the rules and conditions under which a tenant may sublet or license all or part of the leased premises to third parties. Typically, this clause outlines the landlord’s consent requirements, any restrictions on the types of subtenants, and the process for seeking approval. For example, it may specify that the tenant must provide advance notice and detailed information about the proposed subtenant. The core function of this clause is to balance the tenant’s flexibility to utilize the space efficiently with the landlord’s interest in maintaining control over who occupies the property, thereby managing risk and ensuring the property is used appropriately.
Out-Letting Systems. An additional charge of 50% of the Per Acre Charge for all acres evaluated by the Viewers or otherwise determined to be benefited or damaged by the Redetermination of Benefits, if a contributing drainage system uses the Drainage System. For example, if there is a $4.00 Per Acre Charge, an additional $2.00 per acre will be charged for all acres evaluated by the Viewers or otherwise determined to be benefited or damaged.