Summary of Terms and Certain Definitions Sample Clauses

Summary of Terms and Certain Definitions. (a) “PREMISES”(§2): Approximate rental square feet 23,707 Address: 1000 Xxxx Xxxx Xxxx. Xxxxxxxx X Xxxxxxxxx, Xxxxxxx 00000
Sample 1Sample 2
AutoNDA by SimpleDocs
Summary of Terms and Certain Definitions. (a) "PREMISES": Approximate rentable square feet: 60,300 ------- (
Sample 1
Summary of Terms and Certain Definitions. Premises
Sample 1Sample 2
Summary of Terms and Certain Definitions. (a) "PREMISES" (2): Approximate rentable square feet: 180,000 (b) "BUILDING" (2): Approximate rentable square feet: 180,000 Address: 4000-00 Xxxxxxxx Xxxxxx Xxxxxxxx,Xxxxxxxx 00000 (c) "TERM" (5): Fifty-one (51) months.
Sample 1
Summary of Terms and Certain Definitions. (a) Building: The property hereby leased to the Lessee is the land (the "Land") and the improvements (the "Improvements") located at 000 Xxxxxxxxxx Xxxxxxxxx, in Mount Pleasant, South Carolina, as more particularly described in Exhibit "A" attached hereto. The Land and Improvements leased hereunder, together with Landlord's rights, if any, in and to all easements and other appurtenances thereto, hereinafter sometimes collectively referred to as the "Leased Property," are demised and let to Lessee subject to the herein stated terms and conditions. Lessee accepts the Leased Property from Landlord in "as is" "where is" and "with all faults" condition except as noted herein. Landlord shall deliver the Leased Property to Lessee in "broom clean" condition. Landlord agrees to provide Lessee with a termite inspection letter dated within thirty (30) days of the execution of this Lease stating that the building at 000 Xxxxxxxxxx Xxxxxxxxx, Xxxxx Xxxxxxxx, has been inspected and that the inspector either (i) found no evidence of termite infestation or (ii) if infestation was observed there is either no damage or the damage has been repaired at the expense of the Landlord. (b) Term: Ten (10) years plus any partial month from the Commencement Date until the first day of the first full calendar month during the Term. (c) Renewal Term: Two (2) renewal terms of five (5) years each. Landlord must be notified of Lessee's intent to exercise each renewal six (6) months prior to the termination of the preceding term. (d) Expiration Date: See Section 5 (e) Minimum Annual Rent: $178,076.40 (One Hundred Seventy-Eight Thousand Seventy-Six and no/100) payable in monthly installments of $14,839.70 (Fourteen Thousand Eight Hundred Thirty-Nine and no/100) increased Nine (9%) Per Cent for one (1) year after the first three (3) years and Three (3%) Per Cent for every year after as follows: Year 4 $ 194,103.28 $ 16,175.27 Year 5 $ 199,926.38 $ 16,660.53 Year 6 $ 205,924.17 $ 17,160.35 If the Lease Agreement is renewed by Lessee, then the annual Three (3%) Per Cent increases as stated above will continue yearly during such renewal periods.
Sample 1
Summary of Terms and Certain Definitions a. PREMISES: Building on the Land identified as: 00 Xxxxxx Xxxxxx Xxxxxxx, Xxxx Xxxxxxxxx Xxxxxxxx, Xxxxxxx, Xxxxxxxxxxxx Approximate gross square feet in the Building: 31,092 (Section 2) Approximate gross rentable square feet in the Building 31,092 (Section 2)
Sample 1
Summary of Terms and Certain Definitions 
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs

Related to Summary of Terms and Certain Definitions

  • Certain Definitions For purposes of this Agreement, the following terms have the meanings indicated:

  • Certain Defined Terms As used in this Agreement, the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined):

  • Definition of the Terms “Business Day”, “Affiliate” and “Subsidiary”. For purposes of this Agreement, (a) “business day” means each Monday, Tuesday, Wednesday, Thursday or Friday that is not a day on which banking institutions in New York are generally authorized or obligated by law or executive order to close, and (b) “affiliate” and “subsidiary” have the meanings set forth in Rule 405 under the Securities Act.

  • COMMON TERMS AND DEFINITIONS The parties agree to the following terms and definitions, and to those terms and definitions 12 which, for convenience, are set forth elsewhere in the Agreement.

  • Definitions of Words and Terms Capitalized words used in this Agreement which are not otherwise defined herein shall have the meanings set forth in the Annex of Definitions attached hereto.

  • Captions: Certain Definitions The captions of the various sections and paragraphs of this Agreement have been inserted only for the purposes of convenience; such captions are not a part of this Agreement and shall not be deemed in any manner to modify, explain, enlarge or restrict any of the provisions of this Agreement. As used in this Agreement the term “person” shall mean and include an individual, a partnership, a joint venture, a corporation, a limited liability company, a trust, an unincorporated organization and a government or any department or agency thereof.

  • Terms and Definitions The terms listed below shall have the respective meaning given them as set forth adjacent to each term.

  • SECTION I - DEFINITIONS As used in this Agreement, the following terms shall have the meanings ascribed herein unless otherwise stated or reasonably required by the Agreement, and other forms of any defined words shall have a meaning parallel thereto.

  • Definition of Terms The following terms referred to in this Agreement shall have the following meanings:

  • Interpretation; Certain Definitions The parties hereto have participated jointly in the negotiation and drafting of this Agreement. Consequently, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provision of this Agreement. References to “this Agreement” shall include the Company Disclosure Letter and the Parent Disclosure Letter. When a reference is made in this Agreement to an Article, Section, Appendix, Annex or Exhibit, such reference shall be to an Article or Section of, or an Appendix, Annex or Exhibit to, this Agreement, unless otherwise indicated. The table of contents and headings for this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation.” The words “hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. All terms defined in this Agreement shall have the defined meanings when used in any certificate or other instrument made or delivered pursuant hereto unless otherwise defined therein. The definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms and to the masculine as well as to the feminine and neuter genders of such term. Any Law defined or referred to herein or in any agreement or instrument that is referred to herein means such Law as from time to time amended, modified or supplemented, including (in the case of statutes) by succession of comparable successor Laws. References to a Person are also to its successors and permitted assigns. All references to “dollars” or “$” refer to currency of the United States of America (unless otherwise expressly provided herein).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!