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LA 127 Addendum Giving Right Of First Offer And Right To Negotiate For Adjacent Space To Credit Tenant This addendum gives the tenant sweeping rights to space adjacent to its premises, and even covers space not yet constructed by the landlord. The addendum is to be executed at the same time as the lease for the original space the tenant occupies. The addendum is very specific about the terms and conditions that apply to space the tenant decides to take down pursuant to the addendum's language, including the landlord's construction obligations. Number of Single Spaced Pages: 9 LA 1431 The Pro-Tenant Sublease Of Part Of The Premises For The Remainder Of The Term This sublease was designed for a sublease of a portion of the corporate tenant's premises for the remainder of the term of the lease. It also provides for payments to the tenant from the subtenant with respect to the purchase of certain fixtures by the subtenant for use in the subleased premises during the sublease. Number of Single Spaced Pages: 27 LA 521 The Pro-Tenant Freestanding Restaurant Lease This lease form is extremely pro-tenant in orientation. It contains zoning warranties by the landlord for the premises, a right of first refusal, a purchase option for the tenant, a radius clause prohibiting competing restaurants, and a tenant only right of termination. Number of Single Spaced Pages: 13 LA 391 The Pro-Tenant Ground Lease For A Restaurant This lease is designed for a restaurant tenant leasing premises suitable for construction of a new restaurant. The tenant appears to have had good negotiation leverage in the transaction, from the tone of the document's provisions. Number of Single Spaced Pages: 12 LA 1695 NNN Lease For Single Tenant Research & Development Lease With Extensive Pro-Tenant Modifications This agreement is for a transaction where a well represented tenant leases an entire building for research and development uses. The tenant has negotiated pro-tenant modifications to nearly every section of the lease, which started out as a pro-landlord form. All one need do to spot the pro-tenant provisions is look for the words "notwithstanding the foregoing..." Exhibits included: Tenant Improvement Specifications. Number of Single Spaced Pages: 36 LA 415 Pro-Tenant Lease Addendum With Exclusions To The Definition Of Operating Costs This Lease Addendum is a pro-tenant list of specific items that are excluded from the landlord drafted definition of operating expenses. Operating expense definitions drafted by the landlord are generally extremely broad in scope, and frequently include items that tenants find objectionable. This pro-tenant addendum is designed to fix that problem. Number of Single Spaced Pages: 14 LA 1385 Pro-Tenant Lease For Supermarket In Shopping Center This lease is for a supermarket taking space in a shopping center. The tenant's anchor status give it the leverage to negotiate an extremely pro-tenant lease. Pro-tenant provisions include substantial tenant control over the development and operation of the center as it relates to the tenant's operation. Number of Single Spaced Pages: 62 LA 715 Simple Pro-Tenant Lease For Office, Industrial, Or Retail Commercial Property This form is for a deal where the tenant has superior leverage. It gives the tenant the right to use the premises for "any legal use," and has very abbreviated remedies for the landlord in the event of a tenant default. It is also pro-tenant in character because of the clauses it does not contain which customarily appear in pro-landlord forms relating to remedies and a variety of other pro-landlord provisions. Number of Single Spaced Pages: 15 LA 541 The Pro-Tenant Percentage Rent Lease Where The Tenant Builds The Premises With A Landlord Contribution This Lease Agreement is a pro-tenant lease where the tenant builds the premises according to its standard store plans, and pays the landlord both minimum and percentage rent. The landlord makes a contribution to the cost of construction, and anything in excess of the landlord's contribution must be paid for by the tenant. Number of Single Spaced Pages: 17 LA 1321 The Pro-Tenant Work Letter Addendum The following document contains several pro-tenant provisions relating to the construction of tenant improvements. The addendum is designed to be attached either to the lease or the work letter, and it contains the following pro-tenant provisions:
Number of Single Spaced Pages: 9 LA 1505 Short Form Pro-Tenant "As-Is" Net Manufacturing Lease For Entire Building This lease is for a net lease to a manufacturing tenant who leases the entire premises (single tenant facility). The tenant takes the premises on an as-is basis, and is responsible for any needed tenant improvements. The form is quite short and to the point, without the elaborate provisions often present in industrial single tenant leases. Number of Single Spaced Pages: 7 LA 1693 Simple Pro-Tenant Storefront Lease With CPI Rent Adjustments Without Percentage Rent This net lease is designed for a tenant leasing space in a retail storefront. No percentage rent is payable, but the minimum rent is adjusted periodically using the CPI. The document is relatively pro-tenant in tone, and many of its provisions are short and sweet which tends to favor the tenant. Number of Single Spaced Pages: 16 LA 301 The Pro-Tenant Suburban Office Lease For The Large Single User This office lease is designed for a large single tenant that leases an entire building. The lease is pro-tenant in orientation, reflecting the tenant's considerable negotiating leverage. The tenant is responsible for all real estate taxes for the property, and for all maintenance for the premises which includes both the interior and structural elements of the building, as well as the exterior parking and landscaped areas. The rent is fixed for the initial ten year term, but goes to fair market value rent if the tenant decides to exercise one or both of its two five year renewal options. Number of Single Spaced Pages: 15 LA 821 Aggressive Pro-Tenant Operating Costs Addendum For Office, Industrial, Or Retail Lease This form is designed as an addendum to an office, retail or industrial lease to protect the tenant from broad pro-landlord operating costs provisions. The addendum is to be executed at the same time the lease is signed. The addendum contains extensive pro-tenant exclusions from the operating costs that may be passed through to the tenant for payment on a pro-rata basis. It also features pro-tenant provisions regarding audit of operating costs, utilities and energy, refunds and credits, and arbitration. Finally, the form contains stipulations by the landlord as to the amount of real estate taxes, prior operating costs, landlord staff salaries and benefits (included in operating costs) and utility charges for 3 prior years for the complex containing the premises. Number of Single Spaced Pages: 12 LA 617 Single Tenant Research And Development Lease This research and development lease is designed for a single tenant with considerable leverage. Number of Single Spaced Pages: 24 Related Discount Power Pack |
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