Shared Tenancy Clause Samples

The Shared Tenancy clause defines the terms under which multiple tenants occupy and share the same rental property. It typically outlines each tenant's rights and responsibilities, such as how rent is divided, how common areas are used, and the process for resolving disputes among tenants. This clause ensures that all parties understand their obligations and helps prevent conflicts by clearly allocating duties and expectations in a shared living arrangement.
Shared Tenancy. The Council can use discretion to provide a shared Tenancy Agreement for partners. Both parties would be named on the allotment tenancy and they would both have equal claim on the allotment plot. In the event of death of one party the allotment plot would automatically be fully assigned to the other named person on the tenancy. • A spouse/partner may secure tenancy of a plot in the event of their spouses/partners death provided they have worked alongside them to manage the plot at the discretion of the Council.
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Shared Tenancy. 11.1 Member becomes a Member With Dependants (a) Where a Tenant has DHA approval for a partner and/or dependants to share the MCA property either for purposes of Interdependent Partnership recognition (IDP) or due to becoming a Member With Dependants (MWD) at the posting location, the Tenant is responsible for the actions of the Permitted Occupants as described in clause 6(c).
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Shared Tenancy. Following the Commencement Date, Sublessee shall occupy Suite 175 (approximately 12,456 rentable square foot) and Sublessor shall occupy Suite 100 of the Premises (approximately 15,861 rentable square foot) as shown on Exhibit “A-1” attached hereto (the “Shared Space”); provided that Sublessor’s right to remain in the Shared Space shall not extend later than May 31, 2002. Additionally, Sublessor shall retain the right to use the Personal Property currently assembled and configured within the Shared Space and the parties agree to share the access to phone and network system on terms reasonably established by Sublessor. In addition to the Shared Space, the common areas of the Subleased Premises, including, without limitation, the lobby, the restrooms, the kitchen, and the conference rooms, shall be available for use by both Sublessor and Sublessee on terms reasonably established by Sublessor. In exchange for Sublessee’s use of the Shared Space, Sublessor shall be entitled to deduct from the Rent (includes Base Rent and Additional Rent) an amount equal to Sublessee’s proportionate share of (i) such Rent, and (ii) the utilities, HVAC and other building services used at such shared space; provided that such deduction shall only be permitted for the actual period of time that Sublessor remains in any portion of the Shared Space. Sublessor and Sublessee hereby agree that Sublessor’s proportionate share shall equal Forty-Four (44%) Percent of Sublessee’s proportionate share as set forth in Section 4.2 above. Sublessee hereby agrees and acknowledges that Sublessor shall have no obligation to construct a demising wall or other physical separation between the Shared Space and the remainder of the Subleased Premises. Sublessor and Sublessee hereby agree that such shared use of the Subleased Premises shall be subject to whatever security and use restrictions are reasonably required by the other party in order to ensure that each party’s business operations at the Subleased Premises are not interrupted or impaired by such shared use, provided that Sublessee shall not be required to incur any expense or liability in connection with Sublessor’s restrictions. Sublessor and Sublessee also acknowledge and agree that the business operations of each party hereto in such shared space are of a confidential nature and neither party hereto, nor their employees, directors, agents or officers shall disclose to any third party any of such confidential information about the other part...
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Shared Tenancy. Notwithstanding anything to the contrary in this Sublease, Lessor shall have the right for a period of up to one hundred and twenty (120) days after the commencement of the term, to occupy and use certain portions of the Premises for its business operations as it may determine from time to time; provided that such occupancy and use by Lessor shall not interfere with Lessee's use of the Premises or the Lessee Controlled Area in any material respect except in the case of emergency and as provided in Section 19.4.
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Shared Tenancy. Tenant’s lease of the Unit shall be a shared tenancy. Lessor has the right to lease the Unit to additional tenants up to the maximum occupancy limits for the Unit and the Premises.
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Shared Tenancy 
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Related to Shared Tenancy

  • Holdover Tenancy Unless this Sublease has been extended by mutual written agreement of the parties, there will be no holding over past the Term under the terms of this Sublease under any circumstances. If it becomes necessary to commence legal action to remove Subtenant from the Premises, the prevailing Party will be entitled to attorney’s fees and costs in addition to damages.

  • Tenancy If for any reason the Tenant or Tenant’s guest(s) fail to comply with this Lease Agreement, or the Tenant misrepresented themselves in this Lease Agreement or on the Rental Application, the Tenant may be found in violation of this Lease Agreement and at the Landlord’s decision this document may become Void.

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of the Lease.

  • Vacating Premises (i) If the Assuming Bank elects not to purchase any owned Bank Premises, the notice of such election in accordance with Section 4.6(a) shall specify the date upon which the Assuming Bank's occupancy of such premises shall terminate, which date shall not be later than ninety (90) days after the date of the Assuming Bank's notice not to exercise such option. The Assuming Bank promptly shall relinquish and release to the Receiver such premises and the Furniture and Equipment and Fixtures located thereon in the same condition as at Bank Closing, normal wear and tear excepted. By occupying any such premises after the expiration of such ninety (90)-day period, the Assuming Bank shall, at the Receiver's option, (x) be deemed to have agreed to purchase such Bank Premises, and to assume all leases, obligations and liabilities with respect to leased Furniture and Equipment and leased Fixtures located thereon and any ground lease with respect to the land on which such premises are located, and (y) be required to purchase all Furniture and Equipment and Fixtures owned by the Failed Bank and located on such premises as of Bank Closing. (ii) If the Assuming Bank elects not to accept an assignment of the lease or sublease any leased Bank Premises, the notice of such election in accordance with Section 4.6(b) shall specify the date upon which the Assuming Bank's occupancy of such leased Bank Premises shall terminate, which date shall not be later than the date which is one hundred eighty (180) days after Bank Closing. Upon vacating such premises, the Assuming Bank shall relinquish and release to the Receiver such premises and the Fixtures and the Furniture and Equipment located thereon in the same condition as at Bank Closing, normal wear and tear excepted. By failing to provide notice of its intention to vacate such premises prior to the expiration of the option period specified in Section 4.6(b), or by occupying such premises after the one hundred eighty (180)- day period specified above in this paragraph (ii), the Assuming Bank shall, at the Receiver's option, (x) be deemed to have assumed all leases, obligations and liabilities with respect to such premises (including any ground lease with respect to the land on which premises are located), and leased Furniture and Equipment and leased Fixtures located thereon in accordance with this Section 4.6 (unless the Receiver previously repudiated any such lease), and (y) be required to purchase all Furniture and Equipment and Fixtures owned by the Failed Bank at Fair Market Value and located on such premises as of Bank Closing.

  • TERM OF TENANCY The Landlord lets to the Tenant the Property for a period of choose an item The Tenancy shall start on and include the 01 February 2022 and shall end on and include the 31 January 2023.