Sentences with phrase «common lease clauses»

Licensees cover sales agreements and what do do when a licensee is a principal in a transaction, followed by leases and common lease clauses.

Summarize and extract lease cost clauses into database using common lease clauses and abstract form and associate's interpretation of pertinent lease information.

Not exact matches

Also, if you have a fixed term lease with no holdover clause, the requirement that the landlord give notice to the tenant to vacate as the landlord would have to in a month to month lease, or in a case where rent is not paid, is often waived by statue or by a common law interpretation that the lease itself provides the notice in that context.

Critical to the decision of the Court of Appeal was the wording of cl 1 of the lease which set out the term granted in the following way: «from and including 1 January 2003 to 28 September 2004 (hereinafter called «the term» which expression shall include any period of holding over or extension of it whether by statute or at common law or by agreement)...» Rimmer LJ, who gave the only substantive judgment in the case, referred to the words in brackets in this clause as «the words of extension».

An option to renew or an option to extend clause is a common feature of commercial leases.

Dot - coms want short lease terms with «out clauses» of one, two, or three years, but telecom tenants want longer leases — 10 years is common.