TERM OF LEASE AGREEMENT. ○ The term of the Original Lease was eight (8) years commencing on the delivery date, (the "Original Lease Period"). The Company had the right to terminate the lease as of the end of the fifth year of the Original Lease Period, subject to six months prior written notice, provided that the Company pays a one-time special early termination payment (the "Special Payment") equal to the balance of the rest of the Improvement Amount (as defined below) per square meter multiplied by two times the number of remaining months for which the Company is required to pay rental fees. ○ As of the end of the third year of the Original Lease Period, the Company has the right to sub-lease the premises to a substitute tenant, subject to the Landlord’s prior written consent (not to be unreasonably withheld). ○ Estimated delivery date was to be May 10, 2008, but delivery occurred in August 2008. ○ The term of the Original Lease Period expires on August 31, 2016 and the term of the period with respect to all of the addenda is also August 31, 2016. ○ Pursuant to the Sixth Addendum, the Original Lease Period was extended to December 31, 2020. Unless one party notifies the other at least 180 prior to the end of the Original Lease Period, the Lease Agreement shall be automatically extended for an additional term of five (5) years (the “Optional Lease Period”)
TERM OF LEASE AGREEMENT. 5.1. For a Lease Agreement with a duration of less than 24 (Twenty Four) Months:
TERM OF LEASE AGREEMENT. 3.1 If the Commencement Date is the first day of a Period, the term of the Lease Agreement commences on that day and continues for the number of Periods specified in the Goods Schedule for those Goods.
TERM OF LEASE AGREEMENT. 3.1 The Lease Agreement will begin on the Commencement Date
TERM OF LEASE AGREEMENT. The initial term of this Lease Agreement shall commence as of , 20 , and shall continue until , 20 and as long thereafter as the Lessee has failed to make all required payments of Basic Rent or Additional Rent.
TERM OF LEASE AGREEMENT. The lease agreement shall be for a period of two (2) years, _ , with an option to renew for three (3) additional one-year periods at the sole discretion of the City.
TERM OF LEASE AGREEMENT. The Lease Agreement will begin on April 1, 2024 and will end on March 31, 2025.
TERM OF LEASE AGREEMENT. Lessor and Lessee have entered into a certain lease agreement commencing 05/01/2023 for the rental of a certain rental unit located at 00 Xxxxxx Xxxxxx - Apt 2 Yonkers, NY 10704
TERM OF LEASE AGREEMENT. Tenant will lease the Property from the Agent for the Initial Term of commencing on and ending on , for the total sum of Dollars ($ ), payable in equal monthly payments of Dollars ($ ). Rent will be due on the day of every month.
TERM OF LEASE AGREEMENT. Tenant will lease the Property from the Agent for the Initial Term of months. Commencing on and ending on , for the total sum of Dollars ($ ), payable in equal monthly payments of SAMPLE Dollars ($ ). Rent will be due on the day of every month. 4b. RENEWAL OF LEASE. AUTOMATIC RENEWAL PROVISION (Please read carefully prior to initialing) THIS LEASE SHALL AUTOMATICALLY RENEW ON A YEAR TO YEAR BASIS UNLESS EITHER PARTY GIVES SIXTY (60) DAYS WRITTEN NOTICE OF THAT PARTIES INTENT NOT TO RENEW THE LEASE AT THE END OF THE THEN EXISTING ONE YEAR TERM. Tenant Tenant Tenant
