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Maryland Commercial Lease Agreement

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Maryland Commercial Lease Agreement Page 2
Maryland Commercial Lease Agreement
B. The rental for any renewal lease term, if created as permitted under this Lease, shall be
per year payable in installments of per month.
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 major mechanical systems
or the roof, subject to the obligations of the parties otherwise set forth in this Lease.
6. Alterations and Improvements.
Tenant, at Tenant's expense, shall have the right following Landlord's consent to remodel, redecorate,
and make additions, improvements and replacements of and to all or any part of the Leased Premises
from time to time as Tenant may deem desirable, provided the same are made in a workmanlike manner
and utilizing good quality materials. Tenant shall have the right to place and install personal property,
trade fixtures, equipment and other temporary installations in and upon the Leased Premises, and fasten
the same to the premises. All personal property, equipment, machinery, trade fixtures and temporary
installations, whether acquired by Tenant at the commencement of the Lease term or placed or installed
on the Leased Premises by Tenant thereafter, shall remain Tenant's property free and clear of any claim
by Landlord. Tenant shall have the right to remove the same at any time during the term of this Lease
provided that all damage to the Leased Premises caused by such removal shall be repaired by Tenant at
Tenant's expense.
7. Property Taxes.
Landlord shall pay, prior to delinquency, all general real estate taxes and installments of special
assessments coming due during the Lease term on the Leased Premises, and all personal property taxes
with respect to Landlord's personal property, if any, on the Leased Premises. Tenant shall be
responsible for paying all personal property taxes with respect to Tenant's personal property at the
Leased Premises.
8. Insurance.
A. If the Leased Premises or any other party of the Building is damaged by fire or other casualty
resulting from any act or negligence of Tenant or any of Tenant's agents, employees or invitees, rent
shall not be diminished or abated while such damages are under repair, and Tenant shall be responsible
Maryland Commercial Lease Agreement