RENTAL OPTIONS Clause Samples

The "RENTAL OPTIONS" clause defines the various choices available to a tenant regarding the terms or types of rental arrangements for a property. This clause may outline options such as different lease durations, furnished versus unfurnished units, or the ability to renew or extend the lease under specified conditions. By clearly presenting these alternatives, the clause provides flexibility for tenants and landlords, helping both parties select the arrangement that best fits their needs and reducing the likelihood of misunderstandings about available rental terms.
RENTAL OPTIONS. PLEASE INDICATE WHICH OPTION WILL BE TAKEN (MARK WITH AN X ) SHARING + PARKING REQUIRED (R 170.00 additional) SHARING OPTION PLEASE COMPLETE THE BELOW 1.5 INSTALMENTS PAYABLE NEW CONTRACT RENEWAL CONTRACT Annual rent (excl. parking) R 34 740.00 R 34 740.00 Monthly Instalments (excl. parking) R 2 895.00 R 2 895.00 Annual Administration fee R 1 050.00 N/A Deposit (Damage & Key – Equal to 1 months instalment) - Refundable R 2 895.00 N/A Mattress protector (Tenant takes ownership – compulsory) Non - Refundable R 295.00 N/A Tenant vehicle registration Tenant vehicle colour Tenant vehicle make & model Parking no. For office use only Annual rent (incl. parking) R 36 780.00 R 36 780.00 Monthly Instalments (incl. parking) R 3 065.00 R 3 065.00 PAYMENT OPTION (PLEASE MARK WITH X) Debit order (Complete Annex. A) EFT 2022 LEASE AGREEMENT (CONTINUED) LEASE AGREEMENT (CONTINUED) Between DYNAMIC LIFESTYLE INVESTMENTS (PROPRIETARY) LIMITED and THE TENANT/OCCUPANT
View SourceView Similar (4)
RENTAL OPTIONS. SHARING: The sharing option is 2 students sharing 1 bedroom with an en-suite bathroom. Rooms are partly furnished. This room is in a unit that has a secondary bedroom with either 1 or 2 students next door. All residents in each unit share a communal kitchen. - STANDARD: The standard option is private, non-sharing bedrooms. Rooms are partly furnished with an en-suite bathroom. This room is in a unit that has a secondary bedroom with either 1 or 2 students next door. All residents in each unit share a communal kitchen. PLEASE INDICATE WHICH OPTION WILL BE TAKEN (MARK WITH AN X ) SHARING STANDARD + PARKING REQUIRED (R 170.00 additional) FOR SHARING OPTION PLEASE COMPLETE THE BELOW 22 ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇, POTCHEFSTROOM 1.5 INSTALMENTS PAYABLE NEW CONTRACT RENEWAL CONTRACT Annual rent (excl. parking) R 35 940.00 R 35 940.00 Monthly Instalments (excl. parking) R 2 995.00 R 2 995.00 Annual Administration fee R 1 050.00 N/A Deposit (Damage & Key – Equal to 1 months instalment) - Refundable R 2 995.00 N/A Mattress protector (Tenant takes ownership – compulsory) Non - Refundable R 295.00 N/A Tenant vehicle registration Tenant vehicle colour Tenant vehicle make & model Parking no. For office use only Annual rent (incl. parking) R 37 980.00 R 37 980.00 Monthly Instalments (incl. parking) R 3 165.00 R 3 165.00 FOR STANDARD OPTION PLEASE COMPLETE THE BELOW 22 ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇, POTCHEFSTROOM 1.5 INSTALMENTS PAYABLE NEW CONTRACT RENEWAL CONTRACT Annual rent (excl. parking) R 53 100.00 R 53 100.00 Monthly Instalments (excl. parking) R 4 425.00 R 4 425.00 Annual Administration fee R 1 050.00 N/A Deposit (Damage & Key – Equal to 1 months instalment) - Refundable R 4 425.00 N/A Mattress protector (Tenant takes ownership – compulsory) Non - Refundable R 295.00 N/A Tenant vehicle registration Tenant vehicle colour Tenant vehicle make & model Parking no. For office use only Annual rent (incl. parking) R 55 140.00 R 55 140.00 Monthly Instalments (incl. parking) R 4 595.00 R 4 595.00 PAYMENT OPTION (PLEASE MARK WITH X) Debit order (Complete Annex. A) EFT 2022 LEASE AGREEMENT (CONTINUED) LEASE AGREEMENT (CONTINUED) Between DYNAMIC LIFESTYLE INVESTMENTS (PROPRIETARY) LIMITED and THE TENANT/OCCUPANT
View SourceView Similar (4)
RENTAL OPTIONS. (Section 6.1) The NC Aquarium on Roanoke Island offers the following facility rental options for your special event. We thank you in advance for respecting the safety and well-being of the animals and exhibits.
View SourceView Similar (2)
RENTAL OPTIONS. SHARING: The sharing option is 2 students sharing 1 bedroom with an en-suite bathroom. Rooms are partly furnished. This room is in a unit that has a secondary bedroom with either 1 or 2 students next door. All residents in each unit share a communal kitchen. - STANDARD: The standard option is private, non-sharing bedrooms. Rooms are partly furnished with an en-suite bathroom. This room is in a unit that has a secondary bedroom with either 1 or 2 students next door. All residents in each unit share a communal kitchen. - BACHELOR: A partly furnished bachelor option. Non-sharing units. Open plan kitchen with a living/study area. Bedroom with a bathroom.
View SourceView Similar (2)
RENTAL OPTIONS. Please check one of the four options (A, B, C or D) listed below for each setup you are requesting: 🞏 OUTDOOR SPACE: Vendors bring their own setup (tent, trailer or other mobile unit) A) TOTAL FOOTPRINT (including Hitches, windows, etc ft (frontage) X ft (depth). B) If towable, when facing serving window, hitch is on which side? LEFT RIGHT C) Is there a stock truck? YES If yes, NO _ Size of Stock Truck ft (frontage) X ft (depth). Power Requirements for Stock Truck AMPS, VOLTS, OTHER Upload Vendor Photo 🞏 OUTDOOR BOOTH: Vendors rent an existing wooden building complete with window opening, serving counter & door. Prices vary depending on location, menu, etc and will be available upon approval. Hrs of Operation: Thurs to Sun 11 am to 1:30 am. 🞏 INDOOR SPACE – MINI MALL: Indoor space rental in the Mini Mall, located centrally in the upper vending area, includes one table, two chairs. Pipe and Drape separate exhibitors and provide backdrop. Hrs of Operation: Thurs to Sun 11 am to 9 pm. Entrance Entrance Please check requested space below and circle preferred area on map (based on availability): 🞏 8’ deep X 10’ wide SPACE $550.00 + GST $27.50 = $577.50 🞏 8’ deep X 15’ wide SPACE $725.00 + GST $36.25 = $761.25 🞏 8’ deep X 20’ wide SPACE $900.00 + GST $45.00 = $945.00
View Source
RENTAL OPTIONS. 3.1 I/We have read the Rental Agreement Terms and Conditions and choose the following rental option (1 or 2):
View Source

Related to RENTAL OPTIONS

  • Renewal Options a. Tenant shall have the right and option to renew the Lease (“Renewal Option”) for two (2) successive renewal periods of five (5) years each (each, an “Option Term”); provided, however, the Renewal Option is contingent upon the following: (i) there is not an Event of Default beyond all applicable cure period(s) at the time Tenant gives Landlord notice of Tenant’s intention to exercise the Renewal Option or at the expiration of the current Term; (ii) no event has occurred that upon notice or the passage of time would constitute an Event of Default, unless Landlord has given notice of default and Tenant is diligently attempting to cure such event; and (iii) Tenant is occupying the Premises. Following expiration of the final Option Term allowable hereunder, Tenant shall have no further right to renew the Lease pursuant to this Section 5. b. Tenant shall exercise the Renewal Option by giving Landlord notice at least one hundred eighty (180) days prior to the expiration of the current Term. If Tenant fails to give notice to Landlord prior to the 180-day period, then Tenant shall forfeit the Renewal Option. If Tenant exercises the Renewal Option, then during the Option Term, Landlord and Tenant’s respective rights, duties and obligations shall be governed by the terms and conditions of the Lease, except as provided otherwise in this Section. Time is of the essence in exercising the Renewal Option. c. The Base Rental for an Option Term shall be the Fair Market Rental Rate. “Fair Market Rental Rate” shall mean the market rental rate for the time period such determination is being made for office space in same class office buildings in the area of Franklin, Tennessee (the “Area”) of comparable condition for space of equivalent quality, size, utility, and location. Such determination shall take into account all relevant factors, including, without limitation, the following matters: the credit standing of Tenant; the length of the term; the fact that Landlord will experience no vacancy period and that Tenant will not suffer the costs and business interruption associated with moving its offices and negotiating a new lease; construction allowances and other tenant concessions that would be available to tenants comparable to Tenant in the Area (such as moving expense allowance, free rent periods, and lease assumptions and take over provisions, if any, but specifically excluding the value of improvements installed in the Premises at Tenant’s cost), and whether adjustments are then being made in determining the rental rates for renewals in the Area because of concessions being offered by Landlord to Tenant (or the lack thereof for the Option Term in question). For purposes of such calculation, it will only be assumed that Landlord is paying a representative of Tenant a brokerage commission in connection with the Option Term in question if Landlord is in fact paying a brokerage commission to a representative of Tenant in connection with the applicable Option Term.

  • Unvested Options Except where prohibited by Applicable Law, each Unvested Option held by a Continuing Employee shall, on the terms and subject to the conditions set forth in this Agreement, be assumed and converted by Acquirer (such Unvested Options assumed hereunder, the “Assumed Options”) in accordance with Section 409A of the Code and Section 424 of the Code, and the attendant Treasury Regulations under such Code sections, and in accordance with Section 5.12. As set forth in Section 5.12, subject to any agreement entered into by such Continuing Employee with Acquirer or the Surviving Corporation, each Assumed Option shall be subject to the same vesting arrangements (including with respect to any acceleration existing as of the date hereto) that were applicable to such Assumed Option immediately prior to or at the Effective Time, except that (i) such Assumed Option shall be exercisable for that number of whole shares of Acquirer Class A Common Stock equal to the product (rounded down to the next whole number of shares of Acquirer Class A Common Stock, with no cash being payable for any fractional share eliminated by such rounding) of the number of shares of Company Common Stock that were issuable upon exercise of such option immediately prior to the Effective Time and the Option Exchange Ratio, (ii) the per share exercise price for the shares of Acquirer Class A Common Stock issuable upon exercise of such Assumed Option shall be equal to the quotient (rounded up to the next whole cent) obtained by dividing the exercise price per share of Company Common Stock at which such option was exercisable immediately prior to the Effective Time by the Option Exchange Ratio and (iii) subject to obtaining any consent required under the Company Option Plan from such Company Optionholder, no Assumed Option may be “early exercised” (i.e., an Assumed Option may be exercised for shares of Acquirer Class A Common Stock only to the extent the Assumed Option is vested at the time of exercise pursuant to the applicable vesting schedule). Acquirer will not assume any Unvested Options held by Persons that do not become Continuing Employees as of the Effective Time, and each such Unvested Option that is not an Assumed Options shall be cancelled for no consideration.

  • Option; Option Price On the terms and subject to the conditions of the Plan and this Agreement, including, without limitation, Section 18 of this Agreement, the Optionee shall have the option (the “Option”) to purchase Shares at the price per Share (the “Option Price”) and in the amounts set forth on the signature page hereto. Payment of the Option Price may be made in the manner specified by Section 5.9 of the Plan. The Option is not intended to qualify for federal income tax purposes as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). Except as otherwise provided in Section 7 of this Agreement, the Option shall remain exercisable as to all Vested Options (as defined in Section 4) until the expiration of the Option Term (as defined in Section 3). Except as otherwise provided in the Plan or this Agreement, upon a Termination of Relationship, the unvested portion of the Option (i.e., that portion which does not constitute Vested Options) shall terminate.

  • Vested Options On the next regularly scheduled payroll date of the Surviving Corporation occurring more than five (5) Business Days but less than twenty (20) Business Days following the Closing Date, the Surviving Corporation shall pay to each holder of a Vested Option (other than with respect to Non-Withholding Options) for whom Acquiror has received a duly executed Option Termination Agreement an amount in cash equal to the number of shares of Common Stock subject to such Vested Option multiplied by an amount equal to the difference between (a) the Per Share Closing Consideration, minus (b) the exercise price per share under such Vested Option, minus (c) such holder’s applicable Percentage of the Escrow Amount in respect of such Vested Option (the “Closing Options Payout Amount”). Following the Effective Time, the Paying Agent shall cause the applicable Closing Options Payout Amount to be paid to each holder of a Vested Option which is a Non-Withholding Option for whom Acquiror has received a duly executed Option Termination Agreement. The Closing Options Payout Amount payable to each holder of a Vested Option shall be set forth opposite such holder’s name on the Payment Schedule (such consideration subject to adjustment as provided herein and any applicable withholding Taxes). In the event of a conflict between the Payment Schedule and the provisions of this Agreement, the Payment Schedule shall control. Notwithstanding anything to the contrary herein or in the Company’s Amended and Restated Certificate of Incorporation (as amended as of the date hereof) (the “Restated Certificate”), Acquiror, Merger Sub, the Surviving Corporation, the Equityholder Representative and the Paying Agent shall be entitled to rely on the Payment Schedule as conclusive evidence of amounts payable to the holders of Vested Options pursuant to this Agreement. Each holder of a Vested Option, subject to receipt of a duly executed Option Termination Agreement, shall be entitled to receive with respect to each Vested Option subject thereto, such holder’s Percentage of the Earnout Payments, as and when such payments are required to be made, which amount shall be paid on the same schedule and on the same terms and conditions as apply to the Stockholders generally.

  • Options (1) Upon receipt of Instructions relating to the purchase of an option or sale of a covered call option, the Custodian shall: (a) receive and retain confirmations or other documents, if any, evidencing the purchase or writing of the option by a Fund; (b) if the transaction involves the sale of a covered call option, deposit and maintain in a segregated account the Securities (either physically or by book-entry in a Securities System) subject to the covered call option written on behalf of such Fund; and (c) pay, release and/or transfer such Securities, cash or other Assets in accordance with any notices or other communications evidencing the expiration, termination or exercise of such options which are furnished to the Custodian by the Options Clearing Corporation (the "OCC"), the securities or options exchanges on which such options were traded, or such other organization as may be responsible for handling such option transactions. (2) Upon receipt of Instructions relating to the sale of a naked option (including stock index and commodity options), the Custodian, the appropriate Fund and the broker-dealer shall enter into an agreement to comply with the rules of the OCC or of any registered national securities exchange or similar organizations(s). Pursuant to that agreement and such Fund's Instructions, the Custodian shall: (a) receive and retain confirmations or other documents, if any, evidencing the writing of the option; (b) deposit and maintain in a segregated account, Securities (either physically or by book-entry in a Securities System), cash and/or other Assets; and (c) pay, release and/or transfer such Securities, cash or other Assets in accordance with any such agreement and with any notices or other communications evidencing the expiration, termination or exercise of such option which are furnished to the Custodian by the OCC, the securities or options exchanges on which such options were traded, or such other organization as may be responsible for handling such option transactions. The appropriate Fund and the broker-dealer shall be responsible for determining the quality and quantity of assets held in any segregated account established in compliance with applicable margin maintenance requirements and the performance of other terms of any option contract.