Alaska Commercial Lease Agreement Template Page 6

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The   L andlord   s hall   n ot   h ave   t o   a ttend   t he   m ediation   o r   a rbitration   p rocess   u nless  
Tenant   i s   c urrent   w ith   t he   r ental   p ayments,   e ither   s ubmitting   t o   t he   L andlord  
directly   o r   d epositing   t he   f unds   i n   a n   e scrow   a ccount.  
 
XXV.   A dditional   A greements   –   L andlord   a nd   T enant   a dditionally   a gree   t o   t he  
following:  
 
_________________________________________________________________________________________________  
 
_________________________________________________________________________________________________  
 
_________________________________________________________________________________________________  
 
XXVI.   E ntire   L ease   A greement   –   T his   d ocument   s upersedes   a ny   o ther   w ritings   i n  
relation   t o   t he   P remises   a nd   h as   a uthority   o ver   a ny   o ral   a greements   m ade   b etween  
the   L andlord   a nd   T enant.  
 
XXVII.   S uccessors   a nd   A ssignees   –   A ll   a ssignees   o f   t he   p arties   i ncluding   h eirs,  
successors,   o r   a nyone   e lse   t hat   m ay   b e   c onsidered   i s   m utually   b ound   b y   t his   l ease  
agreement.  
 
XXVIII.   N otices   –   A ll   n otices   i n   r elation   t o   t he   P remises   o r   t his   l ease   a greement  
shall   b e   i n   w riting   a nd   d elivered   t o   t he   f ollowing   a ddress   b elow   v ia   C ertified   M ail  
with   R eturn   R eceipt:  
 
Landlord  
________________________________  
________________________________  
________________________________  
 
Tenant    
________________________________  
________________________________  
________________________________  
 
XXIX.   G overning   L aw   –   T his   l ease   a greement   w ill   b e   g overned   b y   a nd   c onstrued   i n  
accordance   w ith   t he   l aws   i n   t he   S tate   o f   _ ___________________________.  
 
XXX.   C ounterparts   a nd   M odifications    
 
• The   L andlord   a nd   T enant   a gree   t hat   t hey   s hall   s ign   s everal   i dentical  
counterparts   o f   t his   l ease   a nd   a ny   f ully   s igned   c ounterpart   s hall   b e   t reated   a s  
an   o riginal.  
• Only   w riting(s)   s igned   b y   t he   p arty   a gainst   w hom   s uch   a   m odification   i s  
sought   t o   b e   e nforced   s hall   m odify   t his   l ease.  
 
XXXI.   W aiver   -­‐   I f   e ither   L andlord   o r   T enant   w aives   a ny   t erm   o r   p rovision   o f   t his  
lease   a t   a ny   t ime,   t hat   w aiver   w ill   b e   e ffective   o nly   f or   t he   s pecific   i nstance   a nd  
specific   p urpose   f or   w hich   t he   w aiver   w as   g iven.   I f   e ither   p arty   f ails   t o   e xercise   o r  
delays   e xercising   a ny   o f   i ts   r ights   o r   r emedies   u nder   t his   l ease,   t hat   p arty   r etains   t he  
right   t o   e nforce   t hat   t erm   o r   p rovision   a t   a   l ater   t ime.  
 

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