Pursuant to the Lease. Landlord has leased the Hotels (except for certain assets of Tenant or Manager included within the definition of Hotels) which are subject to this Agreement, to Tenant.
Pursuant to the Lease. Landlord and Tenant agreed to, and do hereby confirm, the following matters as of the commencement of the Term:
(a) 19__ , is the Commencement Date of the Term of the Lease; and
(b) 19_, is the Expiration Date of the Term of the Lease.
Pursuant to the Lease. Tenant has agreed that upon the request of Landlord, Tenant would execute and deliver an estoppel certificate certifying the status of the Lease.
Pursuant to the Lease. Tenant has deposited with Landlord a security deposit in the amount of Dollars ($ ). ------------------------------------------ -------------
Pursuant to the Lease. Paragraph 1.3 entitled Expansion Space, Tenant does hereby exercise its Expansion Option on 4,042 rentable square feet of space located on the third floor, west wing, (referred to herein as "Suite 310") as more particularly detailed on the attached Exhibit A-2, which Exhibit A-2, by this reference, is hereby incorporated into the Lease. In accordance with Paragraph 1.3
Pursuant to the Lease. Tenant shall pay to Landlord its prorated share of fire monitoring installation and reoccurring fees if the fire monitoring system is shared with other users.
Pursuant to the Lease. Landlord and Tenant agreed to and do hereby confirm the following matters as of the Commencement of the Term:
a. 19____ is the Commencement Date of the Term of the Lease;
b. 19____ is the expiration date of the Term of the Lease;
c. The initial Base Rent under the Lease, subject to adjustments as provided in the Lease, is $________________________.
Pursuant to the Lease. Borrower is to construct a J.X. Pxxxxx store including, but not limited to, the shell and core thereof and all building, mechanical, electrical and other operating systems (herein referred to as the "IMPROVEMENTS") as described and identified in the Lease and in the "Plans and Specifications" (as such term is hereinafter defined) on real property (the "LAND") owned by Borrower and leased to Lender pursuant to the Lease and located in the City of Bristol, Commonwealth of Virginia, as described in EXHIBIT A (collectively, the "PROJECT"). Lender has agreed to make a construction loan to Borrower for certain hard costs in excess of $1,000,000 for preparing the site and constructing the Improvements, which construction loan shall not exceed the maximum principal amount of Five Million One Hundred Sixty-Five Thousand Two Hundred Dollars ($5,165,200.00) (the "MAXIMUM LOAN Amount"), subject to adjustment as provided herein (the "LOAN"), which Loan shall be subject to and in accordance with the terms and provisions hereof.
Pursuant to the Lease. Tenant has leased approximately square feet of space (the “Premises”) at the Property and has paid to Landlord a security deposit in the form of [cash / letter of credit] in the amount of . The term of the Lease commenced on and the expiration date of the Lease is . Tenant has paid rent through 201 . The next base rental payment in the amount of is due on . There is no percentage rent payable under the Lease. Tenant is required to pay % of all reimbursable operating expenses for the Property. Tenant’s Base Year is . Other than the security deposit described above, no rental (including expense reimbursements), other than for the current month, has been paid in advance, except as follows (if any): .
3. The Lease provides for an option to extend the term of the Lease for extension term(s) of years, at a rental rate for such extension term as set forth in the Lease. Except as expressly provided in the Lease, Tenant does not have any right or option to renew or extend the term of the Lease, or to lease other space at the Property. Tenant does not have any preferential right to purchase all or any part of the Premises or the Property.
4. The Lease, as so amended, modified and supplemented, is in full force and effect, and represents the entire agreement between Tenant and Landlord with respect to the Premises and the Property. Tenant has no right to terminate the Lease except as provided for in the Lease.
5. All space and improvements leased by Tenant have been completed and furnished in accordance with the provisions of the Lease, and Tenant has accepted and taken possession of the Premises. There are no outstanding inducements or concessions or payments owed to Tenant by Landlord for tenant improvements or otherwise except as follows (if any): .
6. Landlord is not in any respect in default in the performance of the terms and provisions of the Lease. Tenant is not in any respect in default under the Lease and has not assigned, transferred or hypothecated the Lease or any interest therein or subleased all or any portion of the Premises except as follows (if any): .
7. There are no offsets or credits against rentals payable under the Lease and no free periods or rental concessions have been granted to Tenant, except as follows (if any): .
8. Tenant has not filed on its behalf, nor to Tenant’s knowledge, has any party initiated against Tenant, proceedings for relief under bankruptcy, insolvency, or other proceedings. All provisions of the Lease are hereby ratified...
Pursuant to the Lease. Tenant has provided to Landlord a security deposit in the amount of US $39,964.95, and this security deposit shall continue to be held by Landlord pursuant to Article 4 of the Original Lease during the Extended Term.
