Succeeding lease definition

Succeeding lease means a lease whose effective date immediately follows the expiration date of an existing lease for space in the same building.
Succeeding lease means a lease whose effective date immediately follows the

Examples of Succeeding lease in a sentence

  • Succeeding lease years shall each consist of a twelve (12) month period beginning with the first day of the month following the end of the prior lease year.

  • Succeeding lease years shall commence on the anniversary of the first day of the first lease year.