Sentences with phrase «under the lease terms»

Further, firms with the most human capital leverage will nonetheless be stuck with vast expanses of Class A office space under lease terms negotiated during the salad days.

Neither you nor the landlord can terminate the lease early unless there is a permitted reason under the lease terms or under local, state, or federal law.

Not exact matches

JLL performs lease audits on landlord reconciliations based on on - site audits of the landlord general ledger against key lease terms under a contingency fee arrangement.

Omega works to obtain contractual rent escalations under long - term leases, along with fixed - rate mortgage loans.

Ask any long term tenant under rent control whether they wished they bought the day they first signed the lease and they'd emphatically say yes.

Potential Rental Income — Potential Rental Income, or just PRI, is the sum of all rents under the terms of each lease, assuming the property is 100 % occupied.

Our founders, William and Joan Clark, started with a simple idea — to use the rent collected from commercial properties held under long - term leases to support monthly dividends to shareholders.

Realty Income earns a regular and secure stream of income since its properties are let out under long term leases (remaining lease term of 9.7 years) to a well - diversified customer base from the non-discretionary service industry.

Accolade will retain use of several heritage - listed buildings on the Reynella site under a long - term lease.

Under the terms of the agreement struck when plans were first drawn up, the club have until the end of this month to take up the option of the 999 - year lease they agreed with the city council for land in Stanley Park.

The club academy's long term ground is also under threat as its lease at the Alan Higgs Centre is set to end next year.

Under terms of the agreement — which allowed the Wheaton Park District to lease the land at no cost — the school district can terminate the arrangement with three years» notice.

The 2003 deal sets a base yearly payment of $ 275,000, but the operators of the grill have not paid that because it was deferred under terms of the lease, lawyers said.

It also would give McCaskey a healthy cut of the millions of dollars in parking and concession revenues the Bears do not share under the terms of a lease with the Chicago Park District that runs through 1999.

Under the terms of the rental contract, the park district keeps 12 percent of gate receipts, a $ 1 per ticket surcharge, 20 percent of skybox lease revenues, and all proceeds from food and drink concessions.

Village Manager Ken Fritz told trustees, meeting Tuesday night as the Committee of the Whole, that although the village and Park District jointly own the state - of - the - art electronic scoreboard under terms of the lease agreement with the Flyers, a temporary waiver of scoreboard ownership will help the team.

In response, Hasiotis pointed out that Ralph Wilson stadium in Orchard Park is already subsidized by Erie County taxpayers to the tune of some $ 27 million a year, under the terms of the lease renegotiated in 2012.

«COR is simply enforcing the terms of its commercial lease, under which FSMC took occupancy of a newly completed building and has admittedly failed to pay any rent for over two years,» said COR spokeswoman Maggie McKeon Truax.

The track and bridge maintenance required per the lease terms do not constitute capital investments and are not deductible from the gross revenue (nor are things like rolling stock expenses, fuel to run the trains and maintenance carts, etc.) At that, the rail inspection report shows CMRR has only completed 20 % of the track maintenance they are liable for under the lease.

Under the terms of the Buffalo Bills new lease, improvements to Ralph Wilson Stadium are set to begin in 2013, but the agreement also includes the possibility of replacing the stadium in Orchard Park.

Under the terms of the district's lease, once the bonds were paid off, ownership of the building was to revert to the county, he said.

Under the terms of a landmark tax reform bill, which opened the door for drilling in ANWR, Interior's Bureau of Land Management (BLM) must hold at least two lease sales before December 2024 (E&E Daily, Dec. 20, 2017).

The Jabiluka lease remains under long - term care and maintenance in accordance with an agreement with the land's Traditional Owners.

The school opened in August 2011 in a temporary building, and CSDC was brought in to develop and finance the permanent school facility under a long term leasing arrangement with the Air Force.

Resolved, that the Superintendent, or designee, be, and hereby is, authorized to enter into a Lease Agreement with Landsman Development Corporation, 3 Townline Circle, Rochester, NY, to lease approximately 8,737 square feet of the four story building located at 30 Hart Street, Rochester, NY, (commonly known as the Family Learning Center), for the period March 1, 2018, or as soon thereafter as the Agreement is fully executed, through June 30, 2022, for a rental rate not to exceed Four Thousand Seven Hundred Thirty Two Dollars Fifty Four Cents ($ 4,732.54) per month, plus all additional charges under the Lease Agreement, including but not limited to Common Area Maintenance (CAM) charges, property taxes, utilities and repairs, for a sum not to exceed One Thousand Four Hundred Seventy Nine Dollars Seventy Five Cents ($ 1,479.75) per month, funded by the Department of Educational Facilities, contingent upon budget appropriations and contingent upon the form and terms of the Agreement being approved by Counsel to the District.

That's what a lease is, the terms and conditions under which the landlord allows use of his property.

In most cases, this means that the parent is just as obligated under the terms of the lease as the student.

Since the lease controls how long you can live there and under what circumstances, it's important to be able to prove those terms.

The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 4,900 real estate properties owned under long - term lease agreements with regional and national commercial tenants.

Under the lease's legal terms, the co-signer and the person who is signing the lease are equally responsible; with no renters insurance, the co-signer will also be on the hook for any liability claims.

They operate under long - term leases, primarily with businesses, national and regional retail chains, and restaurants.

You must abide by not only the landlord Tenant Act, but also the terms of the lease under the previous home owner.

Grand Prairie, TX renters insurance is not expensive, and the community seems to require it under the terms of their lease.

In fact, I could see many mortgages converting to leases and allowing the tennant to stay under new terms.

However, at the end of your lease, he's under no obligation to renew that lease under the current terms and conditions, nor even at all.

With nearly 250 commercial tenants generating annual revenue in excess of $ 1 billion, Realty Income Corp has cultivated the resources necessary to maintain the ideals of the company's founders — «to use the rent collected from commercial properties held under long - term leases to support monthly dividends to shareholders.»

The term includes any contract in the form of a bailment or lease if the bailee or lessee contracts to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a nominal consideration the owner of the property upon full compliance with the bailee's or lessee's obligations under the contract.

Here's the detail on what has happened: * VaxGen failed to pay 1/1/09 rent within the 5 - day period required under the terms of the lease (sec 26A2) * Lessor officially terminated the lease in writing on 1/23/09

Upon such termination, the lessor may recover from the lessee: (1) The worth at the time of award of the unpaid rent which had been earned at the time of termination; (2) The worth at the time of award of the amount by which the unpaid rent which would have been earned after termination until the time of award exceeds the amount of such rental loss that the lessee proves could have been reasonably avoided; (3) Subject to subdivision (c), the worth at the time of award of the amount by which the unpaid rent for the balance of the term after the time of award exceeds the amount of such rental loss that the lessee proves could be reasonably avoided; and (4) Any other amount necessary to compensate the lessor for all the detriment proximately caused by the lessee's failure to perform his obligations under the lease or which in the ordinary course of things would be likely to result therefrom.

We purchase commercial real estate leased to tenants under long - term net lease agreements, generally 10 - 20 years.

Under this structure, EPR will buy a new property and then lease it back to the former owner (now a tenant) under very long - term and inflation - adjusted rental agreemUnder this structure, EPR will buy a new property and then lease it back to the former owner (now a tenant) under very long - term and inflation - adjusted rental agreemunder very long - term and inflation - adjusted rental agreements.

You will need proof that dogs are permitted under the terms of your lease.

In addition you will not, and will not assist, enable or permit others to, directly or indirectly (i) modify, enhance, alter, or prepare derivative works based on any of PetSmart Charities» or its licensors» or suppliers» content, software or infrastructure, (ii) decompile, decode, unlock, attempt to discover the source code of, or otherwise reverse engineer, any of PetSmart Charities» or its licensors», suppliers» or sponsors» software or infrastructure, or (iii) sublicense, sell, rent, lease, transfer, assign, or convey any rights under these Terms of Use to any third party, or otherwise commercially exploit or profit from the information or content of the Sites (or any part or portion thereof).

In addition you will not, and will not assist, enable or permit others to, directly or indirectly (i) modify, enhance, alter, or prepare derivative works based on any of Animal League or its licensors or supplier's content, software or infrastructure, (ii) decompile, decode, unlock, attempt to discover the source code of, or otherwise reverse engineer, any of Animal League or its licensors or supplier's software or infrastructure, or (iii) sublicense, sell, rent, lease, transfer, assign, or convey any rights under these Terms to any third party, or otherwise commercially exploit or profit from the information or content of the Sites (or any part or portion thereof).

The Stevenses are currently looking for the help of a Napa County landowner who will gift all or a portion of a large property for use by the ranch, or will lease long term under generous terms.

Aloha Terry... as of March 2012, the owner has decided to put the Surf Condos under long term leases so unfortunately, they are no longer available as short term rentals.

Therefore, the client declares that he / she is leasing the accommodation for the purpose of spending his / her holiday there, under no circumstances shall the accommodation leased under the terms of the contract hereof be used on a habitual residential basis.

to a month... for ling term traveling 3 months seems to be when people hit the brick wall or find a new lease of life and want to continue... for me anything under 6 months is a short trip haha....

However, the LLC or the corporation is still liable for the obligations under the lease for the balance of the term or until the landlord finds another tenant.

The Secretary shall not withdraw any covered energy project issued under this Act without finding a violation of the terms of the lease by the lessee.