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New York Store Lease Agreement Form


New York Store Lease Agreement Form
New York Store Lease Agreement Form
Store Lease
Store Lease
LEASE dated , between
having a place of business at
(Hereinafter called “Landlord”), and
, a New York corporation having a place of business at
(hereinafter called “Tenant”).
WITNESSETH:
1. Demise of Premises, Term and Rent.
Landlord does hereby lease and demise to Tenant, and Tenant
does hereby hire and take from Landlord, subject to any ground
leases and/or underlying leases and/or mortgages as hereinafter
provided, and upon and subject to the covenants, agreements,
term, provisions and conditions of this Lease for the term
hereinafter stated, the portion of the store premises and the
portion of the basement each more specifically shown,
respectively, hatched and cross-hatched on the plans attached
hereto as Exhibits “A” and “B”, said demised premises, together
with all fixtures, equipment, improvements, installations and
appurtenances which at the commencement of or during the
term of this Lease are thereto attached (except items not deemed
to be included therein and removable by Tenant as provided in
Article 4 of this Lease) are hereinafter called the “premises”,
and the plot of land on which the Building has been constructed
is hereinafter called the “Land”.
The term of this Lease shall commence on
(subject to postponement of said
specific date as provided in Article 2 hereof) or on such earlier
date as Tenant shall occupy the premises or any part thereof
with the consent of Landlord for the purpose of carrying on the
normal functions of Tenant’s business (such date for the
commencement of the term hereof being hereinafter called the
“term commencement date”) and shall end on or shall end on
such earlier date upon which said term may expire or be
terminated pursuant to any of the conditions of limitation or
other provisions of this Lease or pursuant to law.
The premises shall be used for the following, but not for any
other purpose, namely:
Landlord agrees that Landlord will not lease any other space
in the Building which is subject to Landlord’s control to any
entity for any primary use which includes any use set forth in
the preceding paragraph hereof but nothing contained herein
shall preclude Landlord from leasing space where any such use
referred to the preceding paragraph hereof is incidental to the
primary or main use of the tenant, occupant or user thereof.
The rent reserved under this Lease for the term hereof shall be
and consist of the following fixed rent, namely:
(a) for and during the period commencing on
and ending on ,
($ ) Dollars per annum;
(b) for and during the period commencing on
and ending on ,
($ ) Dollars per annum;
(c) for and during the period commencing on
and ending on ,
($ ) Dollars per annum;
all such fixed rent being payable in equal monthly
installments in advance, on the first day of each and every
calendar month during said term (except that Tenant shall pay
the monthly installment of fixed rent for the month of
on the execution hereof), plus such additional
rent and other charges as shall become due and payable
hereunder, which additional rent and other charges shall be
payable as hereinafter provided; all to be paid to Landlord at its
office, or such other place as Landlord may designate, in lawful
money in the Untied States of America. The monthly
installments of fixed rent for the month during which the term
commencement date occurs and the month during which the
term hereof expires shall each be prorated.
In addition to the foregoing, and in further consideration of
Landlord entering into this Lease, upon the execution of this
Lease, Tenant shall also pay to Landlord the sum of
$ as and for Security Deposit. If Tenants
check or checks for such sum, or the sum referred to in the
immediately preceding paragraph hereof, shall not be honored
by the bank upon which it or they are drawn for any reason of
any kind or nature whatsoever, this Lease shall be, and shall be
deemed to be, without notice, immediately cancelled and
terminated and of no further force or effect and Landlord shall
have no liability or obligation to Tenant under this Lease.
Provided Tenant shall not at any time be in default of any of
the convents, agreements, terms, provisions or conditions of this
Lease on its part to be kept, observed and performed, the
monthly installments or part thereof of fixed rent payable by
Tenant to Landlord for the period commencing on the term
commencement date and ending on
shall be abated; the twelve (12) monthly installments of fixed
rent payable by Tenant to Landlord for the period beginning
and ending
shall each be abated by an amount equal to $
,
and, the sixty (60) monthly installments of fixed rent payable by
Tenant to Landlord for the period beginning
and ending
shall each be abated by an amount equal to $
.
Tenant does hereby covenant and agree promptly to pay the
fixed rent, additional rent and other charges herein reserved as
and when the same shall become due and payable, without
demand therefore, and without any set-off or deduction
whatsoever, and to keep and perform, and to permit no violation
of, each and every of the covenants, agreements, terms
provisions and conditions herein contained on the part and on
behalf of Tenant to be kept and performed.
For default in payment of additional rent or other sums or
charges herein reserved or payable by Tenant, Landlord shall
have the same remedies as for a default by Tenant in the
payment of fixed rent payable hereunder.
If Tenant shall fail to pay any installment of fixed rent or
additional rent or other sums or charges within ten (10) days
after the same shall be due then, Tenant shall pay a late charge
of $ for each $1.00 so unpaid. Nothing herein
contained shall be intended to violate any applicable law, code
or regulation, and, in all instances, such late charge shall be
automatically reduced to any maximum applicable legal rate or
charge. Such late charge shall be imposed monthly for each late
payment and is in addition to all other rights and remedies
available to landlord and shall not be deemed to limit any such
rights or remedies.
Tenants’ obligations and responsibilities pursuant to any
provision of this Lease, including the payment of any fixed rent
or additional rent or the keeping, observance or performance of
any covenant, agreement, term, provision or condition of this
New York Store Lease Agreement Form
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