Commercial Lease Agreement Template (Page 5 of 6) in pdf

Name

Date

Page 5 of 6

FINANCIAL INFORMATION:

The Lease contemplated herein shall be subject to Landlord’s

review and approval of the credit-worthiness of the Tenant.

Tenant hereby agrees to provide financial information for

Landlord’s approval, upon execution of this proposal.

NON-BINDING PROPOSAL:

It is expressly understood and agreed by all parties that this letter

is only a summary of certain terms and conditions being

discussed between the parties hereto with respect to the proposed

lease of the Premises.

In no event should this letter be

considered as a binding contract enforceable against either party.

All terms and conditions proposed herein are subject to (i) the

Landlord’s receipt, review, and approval of the Tenant’s and

Lease Guarantors’ current financial statements and (ii) the

Landlord’s execution of a formal Shopping Center Lease. This

letter is not a warranty or representation by the Landlord that

acceptance of this summary will guarantee the execution of a

Shopping Center Lease for the Premises.

TENANT’S DISCLOSURE:

To the best of its knowledge Tenant or any related entity of

Tenant does not have a lease, binding letter of intent or other

binding obligation with any other entity or person that precludes

it from negotiating or entering into the Lease contemplated

herein and that the Landlord is expressly relying on that

understanding in negotiating with Tenant and executing this

document.

____________, please review this proposal with ______________, and call me should you have any

questions or comments.

Otherwise, if it meets with __________ approval, please have

___________________________ sign it and return it to me via facsimile and _______ prepare a lease

for everyone’s review.

I very much look forward to finalizing this lease agreement and having ___________________in

_________________________________ .

Sincerely,

__________________________

APPROVED AND ACCEPTED:

LANDLORD:

TENANT:

Name

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee,

warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or order conditions, prior

sale, lease or financing, or withdrawal without notice. We included projections, opinions, assumptions or estimates for example only, and they

may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of

the property and transaction.

N:FormsLease LOIsLEASE PROPOSAL FORM-Gen '08.doc

Commercial Lease Agreement Template Page 5

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