B) Subordination. The tenant undertakes, at the landlord`s request, to subject this contract to any mortgage placed on the denied premises or on the property or one or more of them by the lessor, provided that the holder of such a mortgage enters into a contract with the tenant linking the successors and parties to the transfer by which that holder undertakes not to disturb the possession, peaceful and tacit enjoyment and other rights of the tenant, in accordance with that agreement. As long as the tenant continues to meet his obligations under this contract, In the event of the purchase of the property by that holder, the tenant agrees, through a foreclosure procedure or otherwise, to accept the tenant as a tenant of the premises denied in accordance with the terms of this contract and to fulfil the obligations of the lessor under that contract (but only as the owner of the old premises), and the tenant undertakes to recognize as a landlord that owner or any other person who acquires the property of the premises in question. The parties agree to execute and provide all appropriate instruments necessary for the implementation of the agreements attached to them. Scania truck rental conditions pf / aw v3 040412 1. Definitions have the following meanings:- 1.1. “vehicle” a vehicle or vehicles that are listed in this rental agreement and which contain all replacement vehicles… Nevada Lease Date Of Agreement: June 30, 2011 1. parties. this agreement exists between paperless storage, a/an nevada Corporation (owner) and John Mieter (owned). 2nd storage unit. Subject to the conditions provided in this… The contract expires for a specified period, unless it is sent by one of the parties with a termination and you include a start and end date.
Make sure your landlord is required to restore the building and your space after an accident if the work can be done within a reasonable time. You should be able to walk if the damage is so severe that your place cannot be restored at all or within a time frame tailored to the needs of your business. Without this right, you may be forced to pay rent when you no longer have office space. Renewal option – Use this option, if the tenant wants to have the option to stay longer in the building, they can apply for a “renewal option” of the lease. This gives them the right to renew the lease of a certain rental price if they wish.