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California Commercial Lease Agreement

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California Commercial Lease Agreement
California Commercial Lease Agreement
California Commercial Lease Agreement
This Commercial Lease Agreement ("Lease") is made and effective , by and
between ("Landlord") and ("Tenant").
Landlord is the owner of land and improvements commonly known and numbered as
and legally described as follows (the "Building"):
_____________________________________________________________________ [Legal
Description of Building]
THEREFORE, in consideration of the mutual promises herein, contained and other good and
valuable consideration, it is agreed:
1. Term.
A. Landlord hereby leases the Leased Premises to Tenant, and Tenant hereby leases the same
from Landlord, for an "Initial Term" beginning and ending .
Landlord shall use its best efforts to give Tenant possession as nearly as possible at the
beginning of the Lease term. If Landlord is unable to timely provide the Leased Premises, rent
shall abate for the period of delay. Tenant shall make no other claim against Landlord for any
such delay.
2. Rental.
A. Tenant shall pay to Landlord during the Initial Term rental of $ per year,
payable in installments of $ per month. Each installment payment shall be due in
advance on the first day of each calendar month during the lease term to Landlord at
or at such other place designated by written
notice from Landlord or Tenant. The rental payment amount for any partial calendar months
included in the lease term shall be prorated on a daily basis.
3. Use
Notwithstanding the forgoing, Tenant shall not use the Leased Premises for the purposes of
storing, manufacturing or selling any explosives, flammables or other inherently dangerous
substance, chemical, thing or device.
4. Sublease and Assignment.
Tenant shall have the right without Landlord's consent, to assign this Lease to a corporation with
which Tenant may merge or consolidate, to any subsidiary of Tenant, to any corporation under
common control with Tenant, or to a purchaser of substantially all of Tenant's assets. Except as
set forth above, Tenant shall not sublease all or any part of the Leased Premises, or assign this
Lease in whole or in part without Landlord's consent, such consent not to be unreasonably
withheld or delayed.
5. Repairs.
During the Lease term, Tenant shall make, at Tenant's expense, all necessary repairs to the
Leased Premises. Repairs shall include such items as routine repairs of floors, walls, ceilings,
and other parts of the Leased Premises damaged or worn through normal occupancy, except for
California Commercial Lease Agreement