Sentence examples for existing lease from inspiring English sources

"Of course, the tenant can argue in court that he's entitled to a renewal lease on the same terms and conditions as the existing lease," Mr. Ng said.

Then there was an existing lease on a two-story building occupied by the Mexic-Arte Museum, a downtown foothold for Hispanic culture.

"So if the original lease and all the renewals never included a late fee," he said, "the landlord cannot impose such a fee either during the term of an existing lease or upon renewal of the lease".

As a result, Mr. Weinstein said, sponsors were legally permitted to decline to renew the lease of such a tenant -- and evict the tenant -- when the existing lease expired.

Under the existing lease, which has nine years remaining, he pays $28 a square foot in rent, about $15 less than what the bank could get if the space were to be put on the market today.

A: "The letter writer does not have the right to add his girlfriend to the existing lease as an additional tenant," said Paul M. Gulielmetti, a Manhattan real estate lawyer.

Existing leases with private hunting clubs that cover 130,000 acres of the 161,000 in the tract are another big issue.

"Concessions on existing leases ultimately have a cost to someone, in this case pensioners' savings in property.

After 31 March 2023, existing leases of premises rated E or below could load upgrade costs on to unwitting tenants.

One, dubbed "use-it-or-lose-it", would oblige oil firms to exploit their existing leases more quickly or see them revert to the government.

For example, there is nothing to prevent SolarCity from using the cash flows from its existing leases to back new issues of commercial asset-backed bonds.