Fillable Commercial Lease Agreement Template - State Of New Jersey (Page 3 of 7) in pdf

C. Tenant and Landlord shall, each at its own expense, maintain a policy or policies of

comprehensive general liability insurance with respect to the respective activities of each in the

Building with the premiums thereon fully paid on or before due date, issued by and binding upon

some insurance company approved by Landlord, such insurance to afford minimum protection of

not less than $1,000,000 combined single limit coverage of bodily injury, property damage or

combination thereof. Landlord shall be listed as an additional insured on Tenant's policy or

policies of comprehensive general liability insurance, and Tenant shall provide Landlord with

current Certificates of Insurance evidencing Tenant's compliance with this Paragraph. Tenant

shall obtain the agreement of Tenant's insurers to notify Landlord that a policy is due to expire at

least (10) days prior to such expiration. Landlord shall not be required to maintain insurance

against thefts within the Leased Premises or the Building.

9. Utilities.

Tenant shall pay all charges for water, sewer, gas, electricity, telephone and other services and

utilities used by Tenant on the Leased Premises during the term of this Lease unless otherwise

expressly agreed in writing by Landlord. In the event that any utility or service provided to the

Leased Premises is not separately metered, Landlord shall pay the amount due and separately

invoice Tenant for Tenant's pro rata share of the charges. Tenant shall pay such amounts within

fifteen (15) days of invoice. Tenant acknowledges that the Leased Premises are designed to

provide standard office use electrical facilities and standard office lighting. Tenant shall not use

any equipment or devices that utilizes excessive electrical energy or which may, in Landlord's

reasonable opinion, overload the wiring or interfere with electrical services to other tenants.

10. Signs.

Following Landlord's consent, Tenant shall have the right to place on the Leased Premises, at

locations selected by Tenant, any signs which are permitted by applicable zoning ordinances and

private restrictions. Landlord may refuse consent to any proposed signage that is in Landlord's

opinion too large, deceptive, unattractive or otherwise inconsistent with or inappropriate to the

Leased Premises or use of any other tenant. Landlord shall assist and cooperate with Tenant in

obtaining any necessary permission from governmental authorities or adjoining owners and

occupants for Tenant to place or construct the foregoing signs. Tenant shall repair all damage to

the Leased Premises resulting from the removal of signs installed by Tenant.

11. Entry.

Landlord shall have the right to enter upon the Leased Premises at reasonable hours to inspect

the same, provided Landlord shall not thereby unreasonably interfere with Tenant's business on

the Leased Premises.

12. Parking.

During the term of this Lease, Tenant shall have the non-exclusive use in common with Landlord,

other tenants of the Building, their guests and invitees, of the non-reserved common automobile

parking areas, driveways, and footways, subject to rules and regulations for the use thereof as

prescribed from time to time by Landlord. Landlord reserves the right to designate parking areas

within the Building or in reasonable proximity thereto, for Tenant and Tenant's agents and

employees. Tenant shall provide Landlord with a list of all license numbers for the cars owned by

Tenant, its agents and employees. Separated structured parking, if any, located about the

Building is reserved for tenants of the Building who rent such parking s paces. Tenant hereby

leases from Landlord _______________________

[Number of Parking Spaces]

spaces in such

structural parking area, such spaces to be on a first come-first served basis. In consideration of

the leasing to Tenant of such spaces, Tenant shall pay a monthly rental of

_______________________

[Parking Space Rental]

per space throughout the term of the

Lease. Such rental shall be due and payable each month without demand at the time herein set

for the payment of other monthly rentals, in addition to such other rentals.

Commercial Lease Agreement Template - State Of New Jersey Page 3

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