the Tenant definition
Examples of the Tenant in a sentence
The Tenant agrees to accept delivery of the Premises in a standard “vanilla box,” with the Tenant being required to provide fixtures, furniture, or any other buildouts.
If the Tenant becomes bankrupt or insolvent, the Landlord can end the Agreement and re-enter the Premises, and the leased Premises will not be considered an asset in any bankruptcy proceedings.
If the Tenant stays in the premises after the lease ends without a new agreement, it creates a month-to-month tenancy, terminable with 30 days’ notice by either party.
Upon request, the Tenant must provide a statement confirming the lease's status, any modifications, rent payment status, and any Landlord defaults.
If the Tenant doesn't pay rent or breaches other terms of the Agreement and fails to correct this within 15 days notice, the Landlord can terminate the Agreement.