Examples of Shared Property in a sentence
A tenant may terminate this Agreement before the end of the lease term with thirty (30) days notice A Principal tenant (landloard) may terminate this Agreement before the end of the lease term with seven (7) days notice Shared Property: All shared property will be paid for evenly, unless otherwise agreed upon.
If there are any Shared Facilities or Services at the Shared Property, the companies operating at such Shared Location shall enter into an agreement (the “Shared Services Agreement”) governing the terms of use of Shared Facilities or Services reflecting commercially reasonable terms (including appropriate compensation based on cost).
Armour and M.J. Whincop, ‘An Economic Analysis of Shared Property in Partnership and Close Corporations Law’ (2001) 26 J Corp L 983, 999-1000.
In the event the Parties’ relationship dissolves, including the death of a Party, all Shared Property shall be deemed to be owned equally.
Each Declarant shall also maintain property insurance or shall self-insure the Improvements on its portion of the Shared Property.