Commercial Lease Contract - Triple Net
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9COMMERCIAL LEASE CONTRACT - TRIPLE NET
THIS LEASE is made as of
, 20 __, between
, ("Landlord"),
with an address of
, and
("Tenant"), with
an address of
, who hereby agree as follows:
1.
PREMISES. Subject to the covenants and conditions of this Lease, Landlord leases to
Tenant, and Tenant leases from Landlord, the premises (the "Premises") commonly known and
numbered as
in the City of
___, County of ___
,
State of
, consisting of ______________ sq ft, and further described on Exhibit
A attached hereto, together with the right of ingress and egress and the non-exclusive use of
common areas, as described in Exhibit B attached hereto.
2.
USE OF PREMISES. The Premises shall be used only as
(collectively, the "Permitted Use").
3.
TERM. The Term of this Lease (the "Term") is for
years and
months,
commencing on the
day of
, and ending on the
day of
.
4.
RENT PAYMENTS. Tenant shall pay to Landlord $
as rent in monthly
installment over the Term of this Lease. The first monthly rent installment of $
shall be
paid at the execution of this Lease and all subsequent monthly rent installments shall be due as
follows:
__________________________________________________monthly
annual________
month______ to month_____ _________________________$________________$____________
month______ to month_____ _________________________$________________$____________
month______ to month______________________________$________________$____________
month______ to month______________________________$________________$____________
month ______to month______________________________$________________$____________
month ______to month______________________________$________________$____________
month ______to month______________________________$________________$____________
month______ to month______________________________$________________$____________
month ______to month______________________________$________________$____________
month ______ to month_____________________________$________________$____________
Each monthly installment is due payable in advance without notice or demand at Landlord's above
stated address, or at any other place Landlord designates in writing.
5.
SECURITY DEPOSIT. Concurrently with execution of this Lease, Tenant shall deliver to
Landlord $
as security for the performance by Tenant of every covenant and
condition of this Lease (the "Security Deposit"). Said Security Deposit may be co-mingled with
other funds of Landlord and shall bear no interest. If Tenant shall default with respect to any
covenant or condition of this Lease, including, but not limited to the payment of rent, Landlord
may apply the whole or any part of such Security Deposit to the payment of any sum in default or
any sum which Landlord may be required to spend by reason of Tenant's damage or default. If any
portion of the Security Deposit is so applied, Tenant, upon demand by Landlord, shall deposit cash
with Landlord in an amount sufficient to restore the Security Deposit to its original amount.
Commercial Triple Net Lease 2010
Page 1 of 9
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