Oklahoma Lease Agreement regarding lease of premises between Caldera, Inc. and Caldera Systems, Inc.

• Category: Corporations - Public - Leases
• State: Multi-State
• Control #: US-EG-9508
• Format: Word; Rich Text

Description

Commercial Lease Agreement between Caldera Systems, Inc. and Caldera, Inc. regarding lease of premises dated September 1, 1998. 4 pages. Oklahoma Lease Agreement is a legally binding document that sets forth the terms and conditions for the lease of premises between Caldera, Inc. and Caldera Systems, Inc. This agreement outlines the rights and obligations of both parties involved in the lease arrangement. Keywords: Oklahoma Lease Agreement, lease of premises, Caldera, Inc., Caldera Systems, Inc., rental agreement, terms and conditions, rights and obligations. The Oklahoma Lease Agreement between Caldera, Inc. and Caldera Systems, Inc. includes various important clauses that are essential for a smooth and mutually beneficial lease arrangement. Some key components covered in this agreement are: 1. Parties involved: The agreement identifies the parties involved in the lease, namely Caldera, Inc. as the lessor and Caldera Systems, Inc. as the lessee. 2. Premises description: The lease agreement provides a detailed description of the premises being leased, including its address, size, and any specific areas or facilities included. 3. Lease term: This agreement clearly specifies the duration of the lease, i.e., the start and end dates, including any renewal and termination options available to both parties. 4. Rent and payment terms: The lease agreement outlines the total rent amount, the frequency of rent payments, and the accepted methods of payment. It may also include provisions for late fees or penalties for non-payment. 5. Maintenance responsibilities: The agreement defines the responsibilities of each party regarding the maintenance and repair of the leased premises, including any common areas or shared facilities. 6. Utilities and services: This section specifies which utility services are included in the rent and which are the responsibility of the lessee. It may also cover the allocation of costs for shared services, such as garbage collection or landscaping. 7. Use of premises: The lease agreement outlines the permitted use of the premises and any restrictions on activities. It may include provisions regarding alterations, subleasing, or assigning the lease to another party. 8. Insurance requirements: This section details the insurance coverage required by both parties, such as general liability insurance or property insurance, and who is responsible for obtaining and maintaining it. 9. Default and remedies: The agreement describes the consequences of default by either party, including remedies available to the non-defaulting party, such as eviction or legal action. 10. Governing law: The lease agreement specifies that it is subject to the laws of the state of Oklahoma, ensuring its validity and enforceability within the jurisdiction. It's important to note that the above details are generic and may vary based on the specific lease agreement between Caldera, Inc. and Caldera Systems, Inc. Additionally, while this description covers the basic elements, there might be additional clauses or terms unique to the particular lease agreement.

Oklahoma Lease Agreement is a legally binding document that sets forth the terms and conditions for the lease of premises between Caldera, Inc. and Caldera Systems, Inc. This agreement outlines the rights and obligations of both parties involved in the lease arrangement. Keywords: Oklahoma Lease Agreement, lease of premises, Caldera, Inc., Caldera Systems, Inc., rental agreement, terms and conditions, rights and obligations. The Oklahoma Lease Agreement between Caldera, Inc. and Caldera Systems, Inc. includes various important clauses that are essential for a smooth and mutually beneficial lease arrangement. Some key components covered in this agreement are: 1. Parties involved: The agreement identifies the parties involved in the lease, namely Caldera, Inc. as the lessor and Caldera Systems, Inc. as the lessee. 2. Premises description: The lease agreement provides a detailed description of the premises being leased, including its address, size, and any specific areas or facilities included. 3. Lease term: This agreement clearly specifies the duration of the lease, i.e., the start and end dates, including any renewal and termination options available to both parties. 4. Rent and payment terms: The lease agreement outlines the total rent amount, the frequency of rent payments, and the accepted methods of payment. It may also include provisions for late fees or penalties for non-payment. 5. Maintenance responsibilities: The agreement defines the responsibilities of each party regarding the maintenance and repair of the leased premises, including any common areas or shared facilities. 6. Utilities and services: This section specifies which utility services are included in the rent and which are the responsibility of the lessee. It may also cover the allocation of costs for shared services, such as garbage collection or landscaping. 7. Use of premises: The lease agreement outlines the permitted use of the premises and any restrictions on activities. It may include provisions regarding alterations, subleasing, or assigning the lease to another party. 8. Insurance requirements: This section details the insurance coverage required by both parties, such as general liability insurance or property insurance, and who is responsible for obtaining and maintaining it. 9. Default and remedies: The agreement describes the consequences of default by either party, including remedies available to the non-defaulting party, such as eviction or legal action. 10. Governing law: The lease agreement specifies that it is subject to the laws of the state of Oklahoma, ensuring its validity and enforceability within the jurisdiction. It's important to note that the above details are generic and may vary based on the specific lease agreement between Caldera, Inc. and Caldera Systems, Inc. Additionally, while this description covers the basic elements, there might be additional clauses or terms unique to the particular lease agreement.