Lease Term definition
Examples of Lease Term in a sentence
Lessee shall contract, in its own name, for and pay when due all charges for the connection and use of water, gas, electricity, telephone, garbage collection, sewer use and other utility services supplied to the Properties during the Lease Term.
October 1, 2026 and annually thereafter during the Lease Term (including any Extension Term).
Lessee may only exercise the Extension Options by giving written notice thereof to Lessor of its election to do so no later than one hundred twenty (120) days prior to the expiration of the then-current Lease Term.
Concurrently with the execution of this Lease, ▇▇▇▇▇▇ and Lessee are executing Lessor’s standard form memorandum of lease in recordable form, indicating the names and addresses of Lessor and Lessee, a description of the Properties, the Lease Term, but omitting Rentals and such other terms of this Lease as Lessor may not desire to disclose to the public.
Upon the request of Lessor or Lessee, the parties hereto will, at the expense of ▇▇▇▇▇▇, execute and exchange an instrument in recordable form setting forth the extension of the Lease Term in accordance with this Section 3.03.