U.S. Legal Forms, Inc.
Form CA-988LT
http://www.uslegalforms.com
CALIFORNIA COMMERCIAL LEASE
This lease agreement is entered into on this, the ______ day of ______________________, 20 _____, by and between:
___________________________________________________, (hereinafter called “LESSOR”), whether one or more, and
___________________________________________________, (hereinafter called “LESSEE”), whether one or more. For
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, LESSOR and LESSEE do hereby
covenant, contract and agree as follows:
1. PREMISES AND TERM: LESSOR, hereby leases
to LESSEE for the term commencing on the _____ day of
________________________, 20___, and ending on the
____ day of ___________________, 20___, (the “Term”)
the following described premises in its present condition,
located in _________________ County, California, at the
following address (hereinafter called the “PREMISES or
LEASED PREMISES”):
LESSOR of a check for a lesser amount with an
endorsement or statement thereon, or upon any letter
accompanying such check, that such lesser amount is
payment in full, shall be given no effect, and LESSOR
may accept such check without prejudice to any other
rights or remedies which LESSOR may have against
LESSEE.
______________________________________________
______________________________________________
______________________________________________
______________________________________________
______________________________________________
4. LATE CHARGES: LESSEE shall pay a late charge
in the amount of ______________ percent (_____ %) of
the outstanding delinquent balance for any payment of the
rent not made within ____ days after the due date to cover
the extra expense involved in handling late payments, but
not more than ________ dollars for any one month. This
charge is in addition to any other rights or remedies of the
LESSOR.
LESSEE also has a right for the benefit of LESSEE, its
employees, agents and invitees for access to and from the
Leased Premises through the building and over property
of LESSOR adjoining the Leased Premises, and to use
those parts of the building designated by LESSOR for use
by LESSEE, including but not limited to toilet rooms,
elevators and unrestricted parking areas, if any.
2. RENEWAL: LESSEE and LESSOR may agree to
extend or renew the lease, with any agreed modifications,
in a separate, signed document.
3. RENT: The LESSEE covenants to pay to LESSOR
as Rent the sum of ____________________ Dollars
($__________) per month, (hereinafter “the Rent”), in
advance without demand on or before the first day of each
month at the office of the LESSOR at the following
address or P.O. Box:
______________________________________________
______________________________________________
______________________________________________
If applicable, the Rent for the month of ______________,
which is the first month of this lease shall be paid in the
amount of _______________________________ Dollars
($___________), which amount is the prorated rent based
upon the date this lease commences.
The LESSEE shall pay the Rent when due and payable,
without any setoff, deduction or prior demand whatsoever.
Any payment by LESSEE or acceptance by LESSOR of a
lesser amount than is due from LESSEE to LESSOR shall
be treated as payment on account. The acceptance by
5. UTILITIES: LESSEE shall pay all charges for
utilities for the PREMISES except for the following listed
(if any), which shall be paid by LESSOR:
______________________________________________
______________________________________________
______________________________________________
On failure of LESSEE to pay the utilities when due,
LESSOR shall enforce payment in the same manner as
rent in arrears.
6. CONDITION OF PREMISES; USE OF
PREMISES: LESSOR agrees that LESSEE, upon paying
the rent and on performing all terms of this lease, shall
peaceably enjoy the Leased Premises during the Term of
this lease. By occupying the Leased Premises as a tenant,
or installing fixtures, facilities, or equipment or
performing work, LESSEE shall be deemed to have
accepted the same and to have acknowledged that the
Premises are in the condition required by this lease.
LESSEE acknowledges that LESSEE has examined and
knows the condition of the Leased Premises, and has
received the same in good order and repair, and agrees:
(a) To use these Leased Premises only for
______________________________________.
(b) To surrender the Leased Premises to LESSOR at
the end of the Term or any renewal without the
necessity of any notice from either LESSOR or
Commercial Lease Agreement, Page 1
(c)
(d)
(e)
(f)
(g)
(h)
LESSEE to terminate the same, and LESSEE
hereby expressly waives all right to any notice
which may be required under any laws now or
hereafter enacted and in force.
To surrender possession of the Leased Premises
at the expiration of this lease without further
notice to quit, in as good condition as reasonable
use will permit.
To keep the Premises in good condition and
repair at LESSEE’s own expense, except repairs
which are the duty of LESSOR.
To perform, fully obey and comply with all
ordinances, rules, regulations and laws of all
public authorities, boards and officers relating to
the use of the Premises.
Not to make any occupancy of the Leased
Premises contrary to law or contrary to any
directions, rules, regulations, regulatory bodies,
or officials having jurisdiction, or which shall be
injurious to any person or property.
Not to permit any waste to the premises, nor to
permit any public, private or other nuisance
within the legal meaning of those terms.
Not to use the Leased Premises for living
quarters or residence.
LESSEE shall pay (a) for any expense, damage or repair
occasioned by the stopping of waste pipes or overflow
from bathtubs, closets, washbasins, basins, toilets, urinals
or sinks, and (b) for any damage to window panes,
window shades, curtain rods, wallpaper, furnishings, and
any other damage to the interior of the Leased Premises or
the fixtures therein.
Any signs placed upon or about such Leased Premises
shall, upon the end of the Term of the lease or upon the
earlier termination, be removed by LESSEE, and LESSEE
shall repair any damage to the Leased Premises which
shall be occasioned by reason of such removal.
At all times, LESSEE shall keep the sidewalks, if any, in
front of or adjoining the Leased Premises clean and in a
sightly and sanitary condition.
All repairs, except those specific repairs set forth below
which are the responsibility of the LESSOR, shall be
made by the LESSEE at its own expense. If the LESSOR
pays for the same or any part thereof, LESSOR shall be
reimbursed by LESSEE for such amount.
The LESSOR shall be responsible for making only the
following repairs [check those that apply]:
[ ] sprinkler system
[ ] heating, ventilating or air-conditioning system
serving the Premises if, and to the extent, installed by
LESSOR, and
[ ] structural repairs to exterior walls, structural
columns and structural floors which collectively enclose
the Premises (excluding, however, storefronts), and
[ ] the roof over the Premises.
[ ] Other: __________________________________
[ ] Other: __________________________________
[ ] Other: __________________________________
LESSEE shall give LESSOR notice of the necessity for
such repairs and that such repairs did not arise from nor
were they caused by the negligence or willful acts of
LESSEE, its agents, concessionaires, officers, employees,
licensees, invitees, or contractors.
7. FIXTURES AND TRADE FIXTURES. LESSEE
shall make no changes, improvements, alterations, or
additions to the Leased Premises unless such changes,
improvements, alterations, or additions: (a) are first
approved in writing by LESSOR; (b) are not in violation
of restrictions placed thereon by the investor financing the
construction of the building; and (c) will not materially
alter the character of such premises and will not
substantially lessen the value of the Leased Premises.
LESSOR may not unreasonably withhold approval, and if
there is a dispute as to reasonableness, it shall be
determined by arbitration.
All improvements made by LESSEE to the Premises
which are so attached to the Premises that they cannot be
removed without material injury to the Premises, shall
become the property of LESSOR upon installation, unless
a separate written agreement is made. Not later than the
last day of the Term, LESSEE shall, at LESSEE's
expense, remove all of LESSEE's personal property and
those improvements made by LESSEE which have not
become the property of LESSOR, including trade fixtures,
cabinetwork, movable paneling, partitions, and the like;
repair all injury done by or in connection with the
installation or removal of such property and
improvements; and surrender the Premises in as good
condition as they were at the beginning of the Term,
reasonable wear, and damage by fire, the elements,
casualty, or other cause not due to the misuse or neglect
by LESSEE or LESSEE's agents, employees, visitors, or
licensees, excepted. All property of LESSEE remaining
on the Premises after the last day of the Term of this lease
shall be conclusively deemed abandoned and may be
removed by LESSOR, and LESSEE shall reimburse
LESSOR for the cost of such removal.
8. SECURITY
DEPOSIT:
The
LESSEE,
contemporaneously with the first Rent installment, agrees
to deposit with the LESSOR ____________________
Dollars ($_________) which sum shall be held by the
LESSOR as security for the full faith and performance by
LESSEE of all of the terms, covenants and conditions of
this lease by LESSEE.
Commercial Lease Agreement, Page 2
The security deposit shall be held, applied to damages or
rent and returned to LESSEE all in accordance with the
laws of the state where the Leased Premises are located
and in force at the time of execution of this lease.
9. LESSOR’S LIEN: As additional security, LESSEE
acknowledges, to the extent allowed by applicable law,
the LESSOR’S right to hold and sell with due legal notice
all property on or to be brought on the Premises in order
to satisfy unpaid Rent, expenses, and utilities.
No
property of LESSEE brought onto the Leased Premises
shall be removed by LESSEE other than in the ordinary
course of business so long as LESSEE is in default of this
lease.
10. DEFAULT: Each of the following shall be deemed
an Event of Default:
a.
Default in the payment of Rent or other
payments hereunder.
b. Default in the performance or observance of any
covenant or condition of this lease by the
LESSEE to be performed or observed.
c. Abandonment of the premises by LESSEE.
d. The filing or execution or occurrence of:
i.
Filing a Petition in bankruptcy by or
against LESSEE.
ii.
Filing a petition or answer seeking a
reorganization, arrangement, composition,
readjustment, liquidation, dissolution or
other relief of the same or different kind
under any provision of the Bankruptcy
Act.
iii.
Adjudication of LESSEE as a bankrupt or
insolvent: or insolvency in the bankruptcy
equity sense.
iv.
An assignment for the benefit of creditors
whether by trust, mortgage, or otherwise.
v.
A petition or other proceeding by or
against LESSEE for, or the appointment
of, a trustee, receiver, guardian,
conservator or liquidator of LESSEE with
respect to all or substantially all its
property.
vi.
A petition or other proceeding by or
against LESSEE for its dissolution or
liquidation, or the taking of possession of
the property of the LESSEE by any
governmental authority in connection with
dissolution or liquidation.
11. NOTICE OF DEFAULT. The parties are desirous
of giving one another fair notice of any default before
termination or other action under this lease requiring such
notice. In the event of an act of default with respect to
any provision of this lease, neither party can institute legal
action with respect to such default without first complying
with the following conditions:
a. Notice of such event of default must be in writing
and must either be hand delivered, mailed to the
other party by U.S. Certified Mail, return receipt
requested, or if unable to provide notice by these
methods, if notice is from LESSOR to LESSEE by
posting the notice on the front door of the Leased
Premises;
b. Such written notice shall set forth the nature of the
alleged default in the performance of the terms of
this lease and shall designate the specific
paragraph(s) therein which relate to the alleged act
of default;
c. Such notice shall also contain a reasonably
understandable description of the action to be taken
or performed by the other party in order to cure the
alleged default and the date by which the default
must be remedied, which date can be not less than
________ business days from the date of mailing
the notice of default.
If LESSEE fails to pay rent when due, LESSOR may
serve a Notice of Default upon the LESSEE, requiring
payment of rent in full within three (3) days from
service of the Notice, or surrender of the premises.
12. TERMINATION. Upon occurrence of any Event of
Default, and after proper notice of default has been given,
LESSOR may, at its option, in addition to any other
remedy or right given hereunder or by law; Give notice to
LESSEE that this lease shall terminate upon the date
specified in the notice, which date shall not be earlier than
________ days after mailing or delivery of such notice.
The foregoing provisions for the termination of this lease
shall not operate to exclude or suspend any other remedy
of the LESSOR for breach, or for the recovery of said
Rent for the full term.
13. ACCELERATION. LESSEE expressly agrees and
understands that upon LESSOR’S termination of this
Lease, the entire remaining balance of unpaid Rent for the
remaining term of this Lease shall ACCELERATE,
whereby the entire sum shall become immediately due,
payable, and collectable. To the extent allowed by law,
LESSOR may hold the portion of LESSEE’S security
deposit remaining after reasonable cleaning and repairs as
a partial offset to satisfaction of the accelerated Rent.
14. REPOSSESSION. Upon termination of this lease as
provided herein, or pursuant to statute, or by summary
proceedings or otherwise, the LESSOR may enter
forthwith, without further demand or notice to LESSEE,
and resume possession of the Leased Premises. In no
event shall such re-entry or resumption of possession or
re-letting as hereafter provided be deemed to be
Commercial Lease Agreement, Page 3
acceptance or surrender of this lease or a waiver of the
rights or remedies of LESSOR hereunder.
15. DEFAULT BY LESSOR. In the event of any
default by LESSOR, LESSEE, before exercising any
rights that it may have at law to cancel this lease, must
first send notice by registered or certified mail, or hand
delivery, to LESSOR, and shall have offered LESSOR
____________ (___) days in which to correct and cure
the default or commence a good faith effort to cure such
default.
16. RE-LETTING AFTER TERMINATION. Upon
termination of this lease in any manner above provided,
LESSOR shall use reasonable efforts to re-let the
Premises.
17. DAMAGES. Upon termination of this lease in any
manner above provided, or by summary proceedings or
otherwise, LESSEE shall pay to LESSOR without demand
or notice the following:
(a) All Rent and other payments accrued to the date
of such termination and a proportionate part of
the rent otherwise payable for the month in
which such termination occurs.
(b) All future Rent and other payments to be due
under the terms of this lease to the extent
Landlord has not been able to offset same by reletting the Premises within 30 days of
termination.
(c) The costs of making all repairs, alterations and
improvements required to be made by LESSOR
hereunder, and of performing all covenants of
LESSEE relating to the condition of the Premises
during the Term and upon expiration or sooner
termination of this lease, such costs to be deemed
prima facie to be the costs estimated by a
reputable architect or contractor selected by
LESSOR or the amounts actually expended or
incurred thereafter by LESSOR.
(d) The attorneys’ fees and other costs.
18. EXCLUSIVITY OF LESSOR’S REMEDIES: The
receipt of Rent after default, or after judgment or after
execution, shall not deprive the LESSOR of other actions
against the LESSEE for possession or for Rent or for
damages, and all such remedies are non-exclusive and can
be exercised concurrently or separately as LESSOR
desires.
19. LESSOR NOT LIABLE FOR INJURY OR
DAMAGE TO PERSONS OR PROPERTY: The
LESSOR shall not be liable for any injury or damage to
any person or to any property at any time on said Premises
or building from any cause whatsoever that may at any
time exist from the use or condition of the Premises or
building, during the Term or any renewal of this lease,
except for injuries or damage arising from preexisting and
fully formed conditions predating the term of this lease,
which conditions are latent and hidden from LESSEE’s
knowledge. LESSEE agrees to maintain insurance
coverage as noted in the INSURANCE section below, and
agrees to indemnify, defend and hold harmless LESSOR
for any injury or damage occurring, except as noted
above.
20. TAXES: Property taxes on the Leased Premises
shall be responsibility of LESSOR. Taxes on the personal
property of Lessee shall be the responsibility of LESSEE.
All other taxes shall be the responsibility of the party
incurring same.
21. RIGHT OF RE-ENTRY. LESSOR shall have the
right, by itself or agent or with others, to enter the
Premises at reasonable hours to examine or exhibit the
premises, or to make such repairs and alterations as shall
be deemed necessary for the safety and preservation of the
building, to inspect and examine, to post such notices as
LESSOR may deem necessary to protect LESSOR against
loss from liens of laborers, materialmen or others, and for
the purpose of permitting or facilitating LESSOR’s
performance of its obligations hereunder, or for any other
reasonable purpose which does not materially diminish
LESSEE’s enjoyment or use of the Leased Premises.
22. HOLDOVER. If LESSEE shall holdover after the
expiration of the Term hereof, with the consent of
LESSOR, express or implied, such tenancy shall be from
month to month only, and not a renewal hereof; and
LESSEE agrees to pay Rent and all other charges as
provided herein, and also to comply with all covenants of
this lease for the time LESSEE holds over. LESSEE shall
be entitled to possession until LESSOR has given
LESSEE 30 days notice that such month to month tenancy
shall be terminated; otherwise, notice is only required as
hereinafter provided as notice of default.
If LESSEE shall hold over without the consent of
LESSOR, express or implied, then LESSEE shall be
construed to be a tenant at sufferance at double the Rent
herein provided, prorated by the day until possession is
returned to LESSOR.
LESSEE’S holding over beyond the expiration of the
notice period of a lawful Notice of Termination
constitutes holding over without the consent of the
LESSOR, and LESSEE shall be construed to be a tenant
at sufferance, at double the Rent herein provided, prorated
by the day until possession is returned to LESSOR,
without limitation to LESSOR’S remedies and rights of
recovery under applicable law.
23. NATURE OF RELATIONSHIP BETWEEN
PARTIES. The sole relationship between the parties
Commercial Lease Agreement, Page 4
created by this agreement is that of LESSOR and
LESSEE. Nothing contained in this lease shall be
deemed, held, or construed as creating a joint venture or
partnership between the parties.
24. RIGHT OF LESSOR TO PAY OBLIGATIONS
OF LESSEE TO OTHERS. If LESSEE shall fail or
refuse to pay any sums due to be paid by it under the
provisions of this lease, or fail or refuse to maintain the
Leased Premises or any part thereof as herein provided,
then, and in such event, LESSOR, after 10 days notice in
writing by LESSOR to LESSEE, shall have the right to
pay any such sum or sums due to be paid by LESSEE and
to do and perform any work necessary to the proper
maintenance of the Leased Premises; and the amount of
such sum or sums paid by LESSOR for the account of
LESSEE and the cost of any such work, together with
interest on such amount at the maximum legal rate from
the date of payment by LESSOR until the repayment to
LESSOR by LESSEE, shall be paid by LESSEE upon
demand in writing. The payment by LESSOR of any such
sum or sums or the performance by LESSOR of any such
work shall be prima facie evidence of the necessity for
such work.
25. MECHANICS AND OTHER LIENS IMPOSED
BY LESSEE. LESSEE shall keep the Leased Premises
and the improvements at all times during the term free of
mechanics and materialmen’s liens and other liens of like
nature, other than liens created and claimed by reason of
any work done by or at the instance of LESSOR, and at all
times shall fully protect and indemnify LESSOR against
all such liens or claims and against all attorneys’ fees and
other costs and expenses growing out of or incurred by
reason or on account of any such liens or claims. Should
LESSEE fail to fully discharge any such lien or claim,
LESSOR, at its option, may pay the same or any part
thereof, and LESSOR shall be the sole judge of the
validity of such lien or claim.
All amounts so paid by LESSOR, together with interest
the maximum legal rate from the time of payment by
LESSOR until repayment by LESSEE, shall be paid by
LESSEE upon demand, and if not so paid, shall continue
to bear interest at the aforesaid rate, interest payable
monthly, as additional rent.
26. CONDEMNATION CLAUSE: In the event that all
or a part of the Premises is taken by eminent domain or
conveyed in lieu of eminent domain, if the Leased
Premises cannot reasonably be used by LESSEE for their
intended purpose, then this lease will terminate effective
as of the date that the condemning authority shall take
possession of the same.
27. FIRE CLAUSE: The LESSEE agrees to notify
LESSOR of any damages to the Leased Premises by fire
or other hazard and also of any dangerous or hazardous
condition within the Leased Premises immediately upon
the occurrence of such fire or other hazard or discovery of
such condition.
Upon occurrence of a fire, repairs shall be made by
LESSOR as soon as reasonably may be done unless the
costs of repairing the Premises exceed 25% of the
replacement cost of the building in which case the
LESSOR may, at its option, terminate this lease by giving
LESSEE written notice of termination within 30 days of
the date of the occurrence.
If the LESSOR does not terminate this Lease pursuant to
the paragraph above, then LESSOR has 30 days after the
date of occurrence to give written notice to LESSEE
setting forth its unqualified commitment to make all
necessary repairs or replacements, the projected date of
commencement of such repairs, and the LESSOR’S best
good faith estimate of the date of completion of the same.
If the LESSOR fails to give such notice, or if the date of
completion is more than 90 days after the date of the
occurrence, then the LESSEE may, at its option, terminate
this lease and the LESSOR will be obliged to refund to
the LESSEE any rent allocable to the period subsequent to
the date of the fire.
28. WAIVER OF NONPERFORMANCE: Failure of
the LESSOR to exercise any of its rights under this lease
upon nonperformance by the LESSEE of any condition,
covenant or provision herein contained shall not be
considered a waiver, nor shall any waiver of
nonperformance of any such condition, covenant or
provision by the LESSOR be construed as a waiver of the
rights of the LESSOR as to any subsequent defective
performance or nonperformance hereunder.
29. PAROL EVIDENCE CLAUSE: This instrument
constitutes the final, fully integrated expression of the
agreement between the LESSOR and the LESSEE, and it
cannot be modified or amended in any way except in
writing signed by the LESSOR and LESSEE.
30. SUBORDINATION: This lease is subordinate to the
lien of all present or future mortgages that affect the
Leased Premises and to all renewals, modifications,
replacements and extensions of this lease. This clause
shall be self-operative but in any event LESSEE agrees to
execute promptly and deliver any estoppel certificate or
other assurances that LESSOR may request in furtherance
of this provision.
31. INSURANCE: LESSEE shall, during the entire term
of the lease keep in full force and effect a policy of public
liability insurance with respect to the property and the
business operated by LESSEE in the property and which
Commercial Lease Agreement, Page 5
the limits of general liability shall be in the amount of
______________________________________ Dollars
($______________________) combined single limit,
naming LESSOR as additional insured. Such coverage
shall include a broad form general liability endorsement.
The policy shall contain a clause that the LESSEE will not
cancel or change the insurance without first giving the
LESSOR ten (10) days prior written notice.
LESSOR shall during the term hereof, at it's sole expense,
provide and keep in force insurance on the building
against loss or damage by fire and extended coverage, in
an amount equal to one hundred percent (100%) of the
full insurable value, which insurance shall be placed with
an insurance company or companies approved by
LESSOR and licensed to do business in the state wherein
lay the Leased Premises. The term "full insurable value"
shall mean actual replacement value of the building
(exclusive of costs of excavation, foundations and footing
below ground level). The insurance required under this
paragraph shall be carried in the name of the LESSOR
and LESSEE and shall provide that any proceeds
thereunder shall be paid to LESSOR and LESSEE and
any applicable mortgage holder, according to their
respective interests.
similar sign and to allow prospective tenants, applicants or
agents of LESSOR to enter and examine the Leased
Premises during the last 60 days of the term hereof, and to
permit LESSOR or LESSOR’s agents, at any time during
the term hereof, to conduct prospective purchasers
through the Leased Premises during reasonable business
hours.
34. COURT ACTION, ATTORNEY’S FEES AND
COSTS. If, upon failure of either party to comply with
any of the covenants, conditions, rules or regulations of
and in this lease, and suit should be brought for damages
on account, or to enforce the payment of Rent herein
stipulated, or to recover possession of the Premises or to
enforce any provision hereof, the losing party agrees to
pay to the prevailing party reasonable costs and expenses
incurred in prosecuting these suits.
35. ASSIGNMENTS AND SUB-LEASE: The LESSEE
hereby agrees not to assign this lease voluntarily or
involuntarily, nor to sub-lease the Premises or any part of
the Leased Premises, without the written consent of the
LESSOR, under penalty of instant forfeiture of this lease.
All rights and liabilities herein given to or imposed upon
either of the parties shall extend to the heirs, executors,
administrators, successors and assigns of such party.
Duplicate originals or certificates of insurance of the
policies provided shall be furnished by LESSOR and
LESSEE to each other and shall contain an agreement by
the insurer that such policy or policies shall not be
canceled without at least ten (10) days prior notice to the
LESSOR and LESSEE.
36. INTERPRETATION. Whenever any word is used
in this agreement in the masculine gender, it shall also be
construed as being used in the feminine and neuter
genders, and singular usage shall include the plural and
vice versa, all as the context shall require.
32. NOTICES.
All notices and communications
concerning this lease shall be mailed to the parties at the
following addresses:
37. MODIFICATION. Any modification or amendment
off this agreement shall be in writing and shall be
executed by all parties.
LESSOR
LESSEE
38. SEVERABILITY CLAUSE: If any term, covenant,
condition, or provision of this lease is held by a court of
competent jurisdiction to be invalid, void, or
unenforceable, the remainder of the provisions shall
remain in full force and effect and shall in no way be
affected, impaired, or invalidated.
33. SALE BY LESSOR. In the event of a sale or
conveyance by LESSOR of all or part of the Leased
Premises, the same shall operate to release LESSOR from
any future liability upon any of the covenants or
conditions, express or implied, herein contained in favor
of LESSEE, and in such event LESSEE agrees to look
solely to the responsibility of the successor in interest of
LESSOR in and to this lease. This lease shall not be
affected by any such sale, and LESSEE agrees to attorn to
the purchaser or assignee.
LESSEE agrees to permit
LESSOR, at any time within 60 days prior to the
expiration of this lease, to place upon or in the window of
the leased premises any usual or ordinary For Rent or
39. LAW TO APPLY: This lease shall be construed
under and in accordance with the laws of the State of
California. Those laws shall govern every aspect of the
enforcement of this lease.
40. ADDENDUMS. The following addendums are
attached to this lease at the time of its signing, and shall
be initialed by the parties. (Check all that apply or check
none)
(
(
(
(
)
)
)
)
Option to Purchase
Arbitration Agreement
Other: _____________________________
None
Commercial Lease Agreement, Page 6
41. OTHER PROVISIONS:
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All documents such as schedules, exhibits and like documents existing at the time of this Lease’s signing are incorporated
herein and shall initialed by all parties. If LESSEE is a corporation, each person executing this lease represents and
warrants that he is duly authorized to execute and deliver this lease on behalf of the corporation. Those persons further
represent that the terms of this lease are binding upon the corporation.
In Witness Whereof, the undersigned LESSOR and LESSEE execute this lease to be effective as of the day and date first
above written.
LESSEE(s)
LESSOR(s)
Signature
Signature
Signature
Signature
Commercial Lease Agreement, Page 7
