Sentences with phrase «initial lease period»

And many people are concerned about longer than an initial lease period.

Not exact matches

Over 80 % of the company's revenue is recurring, and most of its site rental revenue results from long - term leases with initial 10 - year terms and five - year renewal periods thereafter.

735 ILCS 5/13-213 (c): Alteration, modification or change No product liability action based on any theory or doctrine to recover for injury or damage claimed to have resulted from an alteration, modification, or change of the product unit after the date of first sale, lease, or delivery of possession of the product unit to its initial user, consumer, or other nonseller may be limited or barred by subsection (b) if the action is commenced within the applicable limitation period; and, in any event, within 10 years from the date the alteration, modification, or change was made, unless defendant expressly has warranted or promised the product for a longer period and the action is brought within that period.

As to CAM, although a request for a cap on percentage increases may not be greeted with enthusiasm, a landlord will often agree (i) not to duplicate charges, (ii) to exclude specific items such as leasing commissions, costs attributable to other tenants at the center, costs incurred in the initial development of the shopping center, and costs that have been reimbursed (e.g., from insurance proceeds or other tenants), and (iii) to amortize capital expenditures over a longer period of time than may be set forth in its form lease.

Bon - Ton (Nasdaq: BONT) will lease the six properties for an initial term of 20 years, with an option to extend it for three more periods of 10 years.