Ohio Lease Agreement regarding lease of office building between Ryan Southbank II, LLC and Mindspring Enterprises, Inc.

• Category: Corporations - Public - Leases
• State: Multi-State
• Control #: US-EG-9285
• Format: Word; Rich Text

Description

Lease Agreement between Ryan Southbank II, LLC and Mindspring Enterprises, Inc. regarding lease of office building dated June 30, 1998. 23 pages.

Ohio Lease Agreement is a legally binding contract that outlines the terms and conditions of a lease arrangement between Ryan South bank II, LLC and Mind spring Enterprises, Inc. This agreement pertains to the lease of an office building located in Ohio. The lease agreement serves as a comprehensive document that establishes the rights and responsibilities of both the landlord (Ryan South bank II, LLC) and the tenant (Mind spring Enterprises, Inc.) during the lease term. Some key aspects covered in the Ohio Lease Agreement between Ryan South bank II, LLC and Mind spring Enterprises, Inc. include: 1. Lease Terms: The agreement specifies the start and end dates of the lease period, the duration of the lease (typically stated in years or months), and any options for renewal or termination. 2. Premises Description: The Ohio Lease Agreement provides a detailed description of the leased office building, including its location, address, and specifications such as square footage, number of rooms, amenities, and any common areas shared with other tenants. 3. Rent and Payment Details: The agreement states the amount of rent to be paid, the due date, and the accepted methods of payment. It may also include provisions for late payment, security deposit, and allocation of expenses (such as utilities, maintenance, and insurance) between the landlord and the tenant. 4. Use and Restrictions: The Ohio Lease Agreement outlines the permitted use of the office building, any restrictions on activities or alterations, and compliance with local zoning and building codes. It may also include provisions relating to noise levels, signage, parking, and access to common areas. 5. Maintenance and Repairs: The agreement specifies the responsibilities for maintenance and repairs, indicating whether it falls on the landlord or the tenant. It also states procedures for reporting and addressing maintenance issues and the respective obligations of both parties. 6. Insurance and Liability: The Ohio Lease Agreement outlines insurance requirements for both the landlord and the tenant, including property insurance, liability coverage, and any additional endorsements or waivers needed. It also establishes the indemnification and liability limits in case of accidents or damages. 7. Default and Termination: The agreement specifies the actions that constitute a default by either party, such as non-payment of rent or violation of lease terms. It defines the remedies available to the non-defaulting party and the procedure for lease termination, including notice periods and the conditions under which the agreement may be terminated. It's important to note that there may be different types of Ohio Lease Agreements available, depending on the specific needs and circumstances of Ryan South bank II, LLC and Mind spring Enterprises, Inc. These could include variations in lease terms, such as short-term leases, long-term leases, and month-to-month leases. Additionally, different agreements could exist for different spaces within the office building, such as separate agreements for individual office units, communal areas, or parking spaces. By implementing a comprehensive Ohio Lease Agreement, Ryan South bank II, LLC and Mind spring Enterprises, Inc. can establish a clear understanding of their rights and obligations throughout the lease term, ensuring a harmonious and successful landlord-tenant relationship while safeguarding their respective interests.