The Lease Agreement Clause Samples
The Lease Agreement clause establishes the formal contract between a landlord and a tenant, outlining the terms and conditions under which the tenant is permitted to occupy and use the property. It typically specifies key details such as the duration of the lease, rent amount, payment schedule, and responsibilities of each party regarding maintenance and repairs. By clearly defining the rights and obligations of both landlord and tenant, this clause ensures mutual understanding and helps prevent disputes over property use and payment during the lease term.
The Lease Agreement. 5.1. The Lessee will have access to the baby product(s) for the duration of the Lease agreement.
5.2. The lease agreement entitles you to service (see further article 7). This is understood to mean: free repair of defects to baby products caused by wear and tear and normal use of the baby product(s).
The Lease Agreement. The Lease Agreement, duly executed by Buyer.
The Lease Agreement. All terms and conditions of the Lease Agreement not specifically modified by the StoreSafe Lease Addendum are in effect and binding to both Lessor and Tenant, and are incorporated by reference herein.
The Lease Agreement. The District leases from the Corporation and the Corporation leases to the District certain real property described in Section 2 hereof, upon the terms and conditions, and for the term, more fully set forth in the Lease Agreement dated as of March 1, 2019 (the “Lease Agreement”), by and between the Corporation, as lessor, and the District, as lessee, all of the provisions of which are hereby incorporated into this Memorandum of Lease Agreement by reference.
The Lease Agreement. 7.1 The document which regulates the relationship between the landlord and the tenant is the lease agreement. A lease must be concluded voluntarily and ensure the equality of both parties.
7.2 A lease must contain the following information: the structure and value of the property which is to be leased, the rate of rent, the terms of the lease, the distribution of the responsibilities of both parties to repair and maintain the property, the obligation of the landlord to lease his or her property according to the terms specified in the lease contract, the tenant's responsibility to use the property according to the agreed terms, the tenant's responsibility for timely payment of rent and for restitution of the property at the conclusion of the lease term, and eventual terms for buying the property and other necessary conditions.
7.3 The lease may include the landlord's obligations to supply materials, to assist in the development of the production, the technical improvement of production, social development, to consult and make necessary information available, other assistance, to help in the training of specialists, to make the necessary conditions for effective use of the leased property and to keep it in a good state.
7.4 The cost of leased property is defined in an agreement proceeding from an appraisal of the property at the time of its lease at its market cost, or the cost of it after restoration. Terms of expiry of the lease are fixed by an agreement of both parties.
7.5 In cases where, according to the lease contract, obligations of both the landlord and the tenant are not observed, improperly fulfilled and or one side breaks or decides to break the contract, responsibilities are shared according to the terms of the contract. In cases property belonging to a state enterprise is leased, the official owner of the property is responsible for his obligations toward the tenant.
The Lease Agreement. The Landlord leases the Premises to the Tenant, and the Tenant hires the Premises from the Landlord, in terms of this Lease Agreement.
The Lease Agreement. The Issuer shall procure that the Property Company does not terminate or otherwise amend or consent to any change of the Lease Agreement if such termination, amendment or consent would be materially detrimental to the Group. Termination of the Lease Agreement is permitted if the Group, no later than ninety days following such termination, has entered into a new lease agreement with the same or better rate and lessee.
The Lease Agreement. Upon the Lease Option Exercise occurring, the Lease Agreement in the form attached hereto as Schedule “B” will be deemed to have been entered into between Buckskin and Romarco and all rights and obligations under this Agreement will immediately terminate and be superseded by the rights and obligations in the Lease Agreement except that any rights or obligations arising under this Agreement prior to the Lease Option Exercise occurring will survive this Agreement.
The Lease Agreement. The Lease Agreement, duly executed by L. Nordfjeld and the Company.
The Lease Agreement. The principal terms of the Lease Agreement are as follows: