PROPERTY AND TERM. 1 2.1 Property...................................................... 1 2.2
PROPERTY AND TERM. 7 2.1 Property........................................................................................7 2.2 Term............................................................................................8 ARTICLE 3. RENT.....................................................................................8
PROPERTY AND TERM. Section 1.1. During the Term, Landlord, in consideration of the rents herein reserved and of the terms, provisions, covenants and agreements on the part of Tenant to be kept, observed and performed, does hereby lease and demise the Property unto Tenant, and Tenant does hereby hire and take the Property from Landlord, subject to each and every matter affecting title to the Property including, without limitation, all of the following which are in effect as of the Commencement Date: all easements, rights of way, covenants, conditions and restrictions, liens, encumbrances, encroachments, licenses, written notices of pendency, charges, zoning laws, ordinances, regulations, building codes and other governmental laws, rules and orders affecting the Property, and other exceptions to Landlord’s title, whether or not the same are of public record.
Section 1.2. Tenant shall lease the Property for the Term, unless sooner terminated as hereinafter provided or pursuant to law.
(a) Provided there is no continuing Event of Default, Tenant shall have the right, at its option, to extend the Term for two (2) additional five (5) year periods, (each, an “Extension Term”) in the manner, and subject to the conditions, set forth below. The first Extension Term shall commence on the day after the Expiration Date and shall expire on the day immediately preceding the fifth anniversary of the Expiration Date unless the Extension Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law. The second Extension Term shall commence on the day after the first Extension Term shall expire and shall expire on the fifth anniversary of the day the second Extension Term commenced, unless such second Extension Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law. Provided this Lease shall then be in full force and effect and there is no continuing Event of Default hereunder, Tenant may exercise its option to extend the Term by giving Landlord written notice of such election no sooner than one (1) year prior to the Expiration Date or the expiration of the first Extension Term, as the case may be, and no later than one hundred eighty (180) days prior to the Expiration Date or the expiration of the first Extension Term, as the case may be, the time of exercise being of the essence, and upon the giving of such written notice, this Lease and the Term shall be extended without execution or deliver...
PROPERTY AND TERM. Lessor does hereby lease unto Lessee the property described in Exhibit “A”, attached and made a part hereof, for a term of fifty (50) years beginning and ending . This Lease may be renewed for an additional See Addendum term at Lessee’s option, subject to the rent adjustment as provided in Paragraph 3 below. Lessee shall provide Lessor N/A days advanced written notice of its exercise of the renewal option. If Xxxxxx holds over and remains in possession of the property after the expiration of the term specified in this Lease, or any renewals of such term, Xxxxxx's tenancy shall be considered a tenancy at sufferance, subject to the same terms and conditions as herein contained in this Lease. This Lease is subject to all utilities in place and to the maintenance thereof as well as any other covenants, easements, or restrictions of record. This Lease shall be construed as a lease of only the interest, if any, of Lessor, and no warranty of title shall be deemed to be given herewith.
PROPERTY AND TERM. Property 2.2 Lease Term 2.3 Title
PROPERTY AND TERM. (a) During the Term, Landlord, in consideration of the rents herein reserved and of the terms, provisions, covenants and agreements on the part of Tenant to be kept, observed and performed, does hereby lease and demise the Property unto Tenant, and Tenant does hereby hire and take the Property from Landlord, subject to each and every matter affecting title to the Property including, without limitation, all of the following which are in effect as of the Commencement Date: all easements, rights of way, declarations, covenants, conditions and restrictions, liens, encumbrances, encroachments, licenses, notices of pendency, charges, zoning laws, ordinances, regulations, building codes and other governmental laws, rules and orders affecting the Property, and other exceptions to Landlord's title, whether or not the same are of public record.
(b) The parties acknowledge that Landlord's interest in the Land is in fact a subleasehold interest pursuant to the Ground Sublease, which interest was assigned by Tenant to Landlord immediately prior to the Commencement Date pursuant to an Assignment and Assumption of Lease Agreement. Tenant acknowledges and agrees that in addition to all other obligations for which it is responsible pursuant to this Lease, during the Term, it shall fully and timely discharge all of Landlord's obligations as subtenant pursuant to the Ground Sublease. Tenant shall deliver to Landlord, and Landlord shall deliver to Tenant, copies of any written notice received by it from Ground Lessee or Owner no later than one (1) Business Day after its receipt thereof.
Section 1.2. Tenant shall lease the Property for the Term, unless sooner terminated as hereinafter provided or pursuant to law.
(a) Provided there is no then uncured Event of Default, Tenant shall have the right, at its option, to extend the Term for two (2) additional ten (10) year periods, (each, an "Extension Term") in the manner, and subject to the conditions, set forth below. The first Extension Term shall commence on the day after the Expiration Date and shall expire on the day immediately preceding the tenth anniversary of the Expiration Date unless the Extension Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law. The second Extension Term shall commence on the day after the first Extension Term shall expire and shall expire on the tenth anniversary of the day the second Extension Term commenced, unless such second Extension Term...
PROPERTY AND TERM. Landlord hereby leases to Tenant, and Tenant herby leases from Landlord that certain real property located at 1914 24xx Xxx X, Xxxxxxxx, XX 00000, xxx xll improvements, fixtures, equipment, furniture thereon, and all appurtenances thereto (the Premises). The term of this Lease, and the accrual of rents hereunder, shall commence on the Commencement Date 11/1/2017 and shall terminate on 11/1/2027 (ten year base term) unless sooner terminated by the mutual written agreement of Landlord and Tenant. If Tenant takes occupancy of the premises prior to the commencement date described above, Tenant shall pay rent from the date of such occupancy to the commencement date at the same rate that is applicable following the commencement date and the Tenant shall hold possession during such period in accordance with the terms of this Lease.
PROPERTY AND TERM. Lessor hereby rents to Lessee and Lessee hereby rents from Lessor the premises ("Premises") described as follows, to-wit: Lot Twelve (12), in Block One (1), of Kent's Addition to the City of Waverly, LESS the following tract: Beginning at the Southwest corner of said Lot Twelve (12), in Block One (1), of Kent's Addition, thence East along the South line of said Lot Twelve (12) a distance of 34.95 feet; thence North 25.15 feet to a point on the North line of said Lot Twelve (12); thence West along the North line of Lot Twelve (12) a distance of 35.00 feet to the Northwest corner of Lot Twelve (12); thence South 25.15 feet to the point of beginning, all being in Kent's Addition to the City of Waverly, Coffey County, Kansas. Thx xxxx of this lease shall be for one (1) year for a term beginning January 23, 2003, and ending January 23, 2004.
PROPERTY AND TERM. The Lessor hereby leases to the Lessee the following described premises: 3309 Xxxxxxxxxx 00xx Xxxxxx Xxxx Xxxxxx, XX for the term beginning at 12:01 A.M. on SEPTEMBER 1, 1996 and ending at 11:59 P.M. on NOVEMBER 30, 1997.
PROPERTY AND TERM. The Lessors hereby lease to the Lessee the real property in Xxxx County, Florida, described as: Commence at the Northwest corner of the Southeast One-Quarter of Section 31, Township 1 North, Range 1 East, and run East along the North boundary line of said southeast Quarter of said Section 31, which is the centerline of Park Avenue 2,192.6 feet to the centerline of Satsuma Street (now Magnolia Drive); thence East along said North boundary of said Southeast Quarter 50 feet; thence North 00 degrees 14 minutes East along the East right-of-way line of Magnolia Drive 835 feet to a point of beginning. From said POINT OF BEGINNING continue thence along the East right-of-way line of Magnolia Drive North 0 degrees 14 minutes East 251.35 feet to a point of curve of a 2 degrees 27 minutes curve, having a delta angle of 15 degrees 45 minutes and a radius of 2,342.01 feet; thence along said curve 249.1 feet; thence North 89 degrees 53 minutes East 469.9 feet; thence south 00 degrees 14 minutes West 500 feet; thence south 89 degrees 53 minutes West 456.5 feet to the POINT OF BEGINNING; containing 5.3 acres, more or less. Said land lying and being partly in the Northeast Quarter of the Northeast Quarter; and the Southeast Quarter of the Northeast Quarter of Xxxxxxx 00, Xxxxxxxx 0 Xxxxx, Xxxxx 0 Xxxx; partly in the Northwest Quarter of the Northwest Quarter of Section 00, Xxxxxxxx 0 Xxxxx, Xxxxx 0 Xxxx, Xxxx Xxxxxx, Florida. ALSO: Commence at the Northwest corner of the Southeast Quarter of Section 31, Township 1 North, Range 1 East, and run East along the North boundary line of said Southeast Quarter of said Section 31, which is the centerline of Park Avenue 2192.6 feet to the centerline of Satsuma Street (now Magnolia Drive); thence East along said North boundary of said Southeast Quarter 50 feet; thence North 00 degrees 14 minutes East along the East right-of-way line of Magnolia Drive 1086.35 feet to a point of curve of a 2 degree 27 minutes curve having a delta angle of 15 degrees 45 minutes and a radius of 2342.01 feet; thence along said-curve 249.1 feet to the POINT OF BEGINNING. From said POINT OF BEGINNING continue thence along said curve 25.14 feet; thence North 89 degrees 53 minutes East 472.55 feet; thence South 00 degrees 14 minutes West 25.0 feet; thence South 89 degrees 53 minutes West 469.9 feet to the POINT OF BEGINNING. Said land lying and being partly in the Northeast Quarter of the Northeast Quarter of Section 31, Township 1 North, Range 1 East; and par...
