Rental; Leasing Sample Clauses

The 'Rental; Leasing' clause defines the terms and conditions under which property or equipment is rented or leased from one party to another. It typically outlines the duration of the lease, payment obligations, responsibilities for maintenance, and any restrictions on use. For example, it may specify whether subleasing is permitted or who is responsible for repairs during the lease term. The core function of this clause is to clearly allocate rights and responsibilities between the lessor and lessee, thereby reducing the risk of disputes and ensuring both parties understand their obligations.
Rental; Leasing. Licensee will not transfer, assign, rent, lease, lend, resell, or in any way distribute or transfer any rights in this Agreement, the SOTWARE or Documentation to third parties, including, without limitation, by operation of law, without Ixia’s prior written approval and subject to written agreement by the recipient to the terms of this Agreement.
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Rental; Leasing. 1. Leases of Less than Thirty (30) Days a. The lessor has a written rental contract which designates the lessee as the party responsible for reporting and paying the fuel use tax; and b. The lessor has a copy of the lessee’s IFTA fuel tax license which is valid for the term of the rental.
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Rental; Leasing. (1) Broker will act on behalf of the Property Owner. Property Owner will pay a rate equal to 100% of the first full month’s rent as a tenant acquisition fee (e.g., the fee for a monthly lease of $2,000 would be $2,000) with a minimum tenant acquisition fee of $1,000. All showings to a prospective tenant will be performed with a licensed agent. Property Owner authorizes ▇▇▇▇▇▇ to offer this fee to the broker who represents the tenant, to pay a third party marketing company and/or to retain a portion of this fee for services rendered in obtaining a qualified tenant. (2) It is understood and agreed that this property will be rented in accordance with Fair Housing Laws without regard to race, religion, sex, disability, familial status, color or national origin, or any other class protected by law. Broker shall use commercially reasonable efforts to lease the Property. Broker does not guarantee the payment of rent by the tenant and cannot guarantee that the tenant will not damage the property in excess of normal wear and tear. (3) Property Owner and ▇▇▇▇▇▇ will agree on a monthly rental rate (“Market Rate”) prior to listing the property for rent. (4) Property Owner will provide Broker written screening qualifications at the execution of this Agreement for Broker to screen and select a tenant. If Property Owner fails to provide screening qualifications, Property Owner authorizes Broker to utilize Broker’s standard screening procedures. (5) Broker will collect a security deposit from the tenant equal to one month’s rent. The Broker will transfer the security deposit to the Property Owner upon tenant taking possession of the Property. If Property Owner engages Broker for the optional Rent Collection service under section 4(d), Broker will hold the security deposit for the term of the lease under the provisions of paragraph 4(d)(2). (6) ▇▇▇▇▇▇ will prepare a Lease to be signed by the tenant(s) and Property Owner. The Broker will utilize the Tennessee Association of Realtors residential lease unless the Property Owner provides their own lease for utilization. (7) Broker will not commence leasing activities on the Property until the prior tenant(s) has vacated the Property.
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Rental; Leasing. Licensee will not transfer, sell, assign, sublicense, rent, lease, lend, subcontract, delegate or otherwise transfer, either in whole or in part, the SOFTWARE, the Documentation, its rights under this ▇▇▇▇ to third parties, including without limitation, by operation of law, without FAST’s prior written approval and subject to written agreement by the recipient to the terms of this ▇▇▇▇. Licensee shall not transmit the SOFTWARE from one computer to another or over a network, or use the SOFTWARE in connection with any hardware or software that modifies the number of computers or users that directly access or use the SOFTWARE, and Licensee shall not otherwise do anything to circumvent the limitations and restrictions in this ▇▇▇▇.
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Rental; Leasing. Manager will act on behalf of the Owner. Manager will retain 40% of the first month’s rent as a tenant acquisition fee. 10% of this fee shall be offered to the Agent who represents the tenant. i. In the event Manager secures the tenant, this fee will be retained by Manager who would be representing both parties. This fee is calculated on one month’s rent and not the actual funds collected the month the tenant takes possession of the property (e.g., the tenant moves in on the 15th and Manager collects ½ of the first month’s rent, the tenant acquisition fee will be charged for a full month). Manager is authorized to negotiate and sign leases on behalf of Owner and in the name of Owner or Manager. ii. It is understood that all such tenants are tenants of the Owner and not the Manager. Listing Manager may also initiate, sign, renew, modify or cancel rental agreements and leases for the Property, of any part thereof; collect and give receipts for rents, other fees, charges and security deposits. It is understood and agreed that this property will be rented in accordance with Fair Housing Laws without regard to race, creed, religion, sex, age, physical or mental handicap, disability, height or weight, marital status or familial status, color or national origin, or any other class protected by law.
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Rental; Leasing. Initiate, sign, modify, renew, reinstate, extend, terminate or cancel rental agreements and leases for the Property, or any part thereof; collect and give receipts for rents, other fees, charges and security deposits. Rent shall be: $ per month unless Owner authorizes a lower or higher amount.
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Rental; Leasing. Licensee may not, and agrees that it will not, transfer, assign, rent, lease, lend, resell, or in any way distribute or transfer any rights in this Agreement, the SOFTWARE, or the Documentation to third parties, including by operation of law, without Keysight's prior written approval and subject to written agreement by the recipient to the terms of this Agreement.
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Rental; Leasing 
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Related to Rental; Leasing

  • Rental You may not rent, lease, or lend the SOFTWARE PRODUCT.

  • Operating Lease (i) Each Borrower shall (a) promptly perform and observe all of the covenants required to be performed and observed by it under the Operating Leases and do all things necessary to preserve and to keep unimpaired its material rights thereunder; (b) promptly notify Lender of any material default under any Operating Lease of which it is aware; (c) promptly deliver to Lender a copy of any notice of default or other material notice under any Operating Lease delivered to any Operating Lessee by Borrower; (d) promptly give notice to Lender of any notice or information that Borrower receives which indicates that an Operating Lessee is terminating its Operating Lease or that any Operating Lessee is otherwise discontinuing its operation of the applicable Individual Property; and (e) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by the Operating Lessee under the applicable Operating Lease. (ii) If at any time, (A) an Operating Lessee shall become insolvent or a debtor in a bankruptcy proceeding or (B) Lender or its designee has taken title to an Individual Property by foreclosure or deed in lieu of foreclosure, has become a mortgagee-in-possession, has appointed a receiver with respect to the applicable Individual Property or has otherwise taken title to such Individual Property, Lender shall have the absolute right to (and Borrower and Operating Lessee shall reasonably cooperate and not in any way hinder, delay or otherwise interfere with Lender’s right to), immediately terminate the applicable Operating Lease under and in accordance with the terms of the applicable Subordination, Attornment and Security Agreement. (iii) Borrower shall not, without the prior written consent of Lender, which consent shall not be unreasonably withheld: (a) surrender, terminate or cancel any Operating Lease or otherwise replace any Operating Lessee or enter into any other operating lease with respect to any Individual Property, provided, however, at the end of the term of each Operating Lease, the applicable Borrower may renew such Operating Lease or enter into a replacement Operating Lease with Operating Lessee on substantially the same terms as the expiring Operating Lease except that Lender shall have the right to approve any material change thereto; (b) reduce or consent to the reduction of the term of any Operating Lease; or (c) enter into, renew, amend, modify, waive any provisions of, reduce Rents under, or shorten the term of any Operating Lease.

  • Lease Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor the Equipment described in each Schedule on the terms and subject to the conditions specified herein and therein. Each Schedule shall constitute a separate and independent lease and contractual obligation of Lessee incorporating the terms of this Lease. Lessor's obligation to fund Schedules under this Lease shall terminate on the Commitment Termination Date; provided, however, that if the event in either clause (i) or clause (ii) of the definition of Commitment Termination Date shall occur and Lessee shall have ordered additional Equipment prior to such date and identified the specific installation of such Equipment in writing to Lessor, then the Commitment Termination Date shall be extended by three months. Lessor may, in its sole discretion, terminate its commitment herein to fund the Lessor's Commitment or any unfunded portion thereof at any time if: (a) there is any Material Adverse Change, or (b) any Event of Default exists. Lessor shall have no obligation to fund any Schedule if any term or condition in such Schedule is not satisfied by the Delivery Date of such Schedule. This Lease, and Lessee's obligation to pay all rent and other sums hereunder, shall constitute a "finance lease" under the California Uniform Commercial Code ("UCC") and shall be absolute and unconditional, and shall not be subject to, and Lessee hereby waives any right of or to, abatement, reduction, set-off, defense or counterclaim. Lessee waives any and all rights and remedies conferred upon Lessee by UCC Sections 10508 through 10522, including (without limitation) Lessee's rights to (i) cancel or repudiate this Lease, (ii) reject or revoke acceptance of the leased property, (iii) recover damages from Lessor for breach of warranty or for any other reason, (iv) claim a security interest in any rejected property in Lessee's possession or control, (v) deduct from Rental Payments all or any part of any claimed damages resulting from Lessor's default under this Lease, (vi) accept partial delivery of the Equipment, (vii) "cover" by making any purchase or lease of other property in substitution for property due from Lessor, (viii) recover from the Lessor any general, special, incidental or consequential damages, for any reason whatsoever, and (ix) seek specific performance, replevin or the like for any of the Equipment. Lessee acknowledges that it has received and approved the terms of the agreements with the vendors under which Lessor will, subject to the terms and conditions of this Lease, purchase the Units. The Units shall be leased for commercial purposes only, and not for consumer, personal, home or family purposes.

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

  • Operating Leases Incur any obligation to pay rent under an operating lease in any Fiscal Year if to do so would result in the aggregate obligation of Borrower and its Subsidiaries to pay rent under all operating leases in that Fiscal Year to exceed $4,000,000.