Oregon Lease Agreement Jackson Shawn Alpha Metro Limited Partnership and Efficient Networks, Inc.

• Category: Corporations - Public - Leases
• State: Multi-State
• Control #: US-EG-9403
• Format: Word; Rich Text

Description

Office Lease Agreement between Jackson-Shawn/Alpha Metro Limited Partnership and Efficient Networks, Inc. dated November 1, 1999. 13 pages. Oregon Lease Agreement refers to a legally binding contract entered into by two parties, Jackson Shawn Alpha Metro Limited Partnership and Efficient Networks, Inc., aiming to establish the terms and conditions of a lease arrangement in the state of Oregon. This agreement governs the rental of a property by Efficient Networks, Inc. from Jackson Shawn Alpha Metro Limited Partnership. The Oregon Lease Agreement outlines various essential elements, including but not limited to: 1. Parties Involved: The lease agreement specifies the identities and roles of the involved parties. In this context, Jackson Shawn Alpha Metro Limited Partnership represents the property owner or landlord, while Efficient Networks, Inc. denotes the tenant or lessee. 2. Property Details: The lease agreement provides a comprehensive description of the property being leased, encompassing its location, address, and specific unit or space being rented. 3. Lease Term: This section outlines the duration of the lease, explicitly stating the start and end dates. It may also include provisions for renewal or termination of the agreement at the end of the agreed-upon term. 4. Rent Payments: The lease agreement clearly defines the rent amount due per the agreed-upon payment schedule. The frequency of rent payments, whether monthly, quarterly, or yearly, is typically specified. Additionally, any late payment penalties, acceptable payment methods, and consequences for non-payment might be mentioned. 5. Security Deposit: The agreement sets forth the security deposit amount, which Efficient Networks, Inc. must pay to Jackson Shawn Alpha Metro Limited Partnership. It may detail conditions under which the security deposit can be withheld or partially refunded at the end of the lease term. 6. Maintenance Responsibilities: The lease agreement identifies the party responsible for property maintenance, repairs, and upkeep during the lease term. It might outline specific obligations such as regular cleaning, landscaping, or repairs incurred by the tenant versus those covered by the landlord. 7. Permitted Use: This section outlines the approved purposes for which Efficient Networks, Inc. can utilize the leased property. It might impose restrictions on noxious activities, zoning limitations, or specify any shared common areas and their respective usage rules. 8. Alterations and Improvements: The agreement may cover the terms for any alterations or modifications the tenant desires to make to the property. This can include seeking written consent from the landlord, maintaining responsibility for restoration upon lease termination, or stipulating the necessity of securing permits and licenses. 9. Insurance Requirements: The lease agreement may require Efficient Networks, Inc. to maintain appropriate insurance coverage during the lease period. This typically includes general liability insurance as well as potential provisions for additional policies relevant to the property or business operations. 10. Governing Law and Dispute Resolution: This part specifies that Oregon state laws govern the lease agreement. It may also include provisions for alternative dispute resolution methods, such as arbitration or mediation, to be employed in case of conflicts or disagreements between the parties. Different types or variations of the Oregon Lease Agreement involving Jackson Shawn Alpha Metro Limited Partnership and Efficient Networks, Inc. could include commercial leases, residential leases, or even sublease agreements if Efficient Networks, Inc. intends to lease the premises to another party while maintaining the primary lease with Jackson Shawn Alpha Metro Limited Partnership. Each type may have specific clauses tailored to its nature and the needs of both parties involved.

Oregon Lease Agreement refers to a legally binding contract entered into by two parties, Jackson Shawn Alpha Metro Limited Partnership and Efficient Networks, Inc., aiming to establish the terms and conditions of a lease arrangement in the state of Oregon. This agreement governs the rental of a property by Efficient Networks, Inc. from Jackson Shawn Alpha Metro Limited Partnership. The Oregon Lease Agreement outlines various essential elements, including but not limited to: 1. Parties Involved: The lease agreement specifies the identities and roles of the involved parties. In this context, Jackson Shawn Alpha Metro Limited Partnership represents the property owner or landlord, while Efficient Networks, Inc. denotes the tenant or lessee. 2. Property Details: The lease agreement provides a comprehensive description of the property being leased, encompassing its location, address, and specific unit or space being rented. 3. Lease Term: This section outlines the duration of the lease, explicitly stating the start and end dates. It may also include provisions for renewal or termination of the agreement at the end of the agreed-upon term. 4. Rent Payments: The lease agreement clearly defines the rent amount due per the agreed-upon payment schedule. The frequency of rent payments, whether monthly, quarterly, or yearly, is typically specified. Additionally, any late payment penalties, acceptable payment methods, and consequences for non-payment might be mentioned. 5. Security Deposit: The agreement sets forth the security deposit amount, which Efficient Networks, Inc. must pay to Jackson Shawn Alpha Metro Limited Partnership. It may detail conditions under which the security deposit can be withheld or partially refunded at the end of the lease term. 6. Maintenance Responsibilities: The lease agreement identifies the party responsible for property maintenance, repairs, and upkeep during the lease term. It might outline specific obligations such as regular cleaning, landscaping, or repairs incurred by the tenant versus those covered by the landlord. 7. Permitted Use: This section outlines the approved purposes for which Efficient Networks, Inc. can utilize the leased property. It might impose restrictions on noxious activities, zoning limitations, or specify any shared common areas and their respective usage rules. 8. Alterations and Improvements: The agreement may cover the terms for any alterations or modifications the tenant desires to make to the property. This can include seeking written consent from the landlord, maintaining responsibility for restoration upon lease termination, or stipulating the necessity of securing permits and licenses. 9. Insurance Requirements: The lease agreement may require Efficient Networks, Inc. to maintain appropriate insurance coverage during the lease period. This typically includes general liability insurance as well as potential provisions for additional policies relevant to the property or business operations. 10. Governing Law and Dispute Resolution: This part specifies that Oregon state laws govern the lease agreement. It may also include provisions for alternative dispute resolution methods, such as arbitration or mediation, to be employed in case of conflicts or disagreements between the parties. Different types or variations of the Oregon Lease Agreement involving Jackson Shawn Alpha Metro Limited Partnership and Efficient Networks, Inc. could include commercial leases, residential leases, or even sublease agreements if Efficient Networks, Inc. intends to lease the premises to another party while maintaining the primary lease with Jackson Shawn Alpha Metro Limited Partnership. Each type may have specific clauses tailored to its nature and the needs of both parties involved.