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Title: |
Commercial Lease Agreement |
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Entities: |
Probex Corp.; North Texas Commercial Association of Realtors; Probex Corp. |
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Date: |
2002 |
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Size: |
Preview shows 5KB of 115KB total |
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Price: |
$54 |
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ID: |
#117429 |
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NORTH TEXAS COMMERCIAL ASSOCIATION OF REALTORS(R)
COMMERCIAL LEASE AGREEMENT
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Article Page
{S} {C}
1. Defined Terms 1
2. Lease and Lease Term 2
3. Rent and Security Deposit 2
4. Taxes 3
5. Insurance and Indemnity 3
6. Use of Demised Premises 4
7. Property Condition, Maintenance, Repairs and Alterations 5
8. Damage or Destruction 6
9. Condemnation 7
10. Assignment and Subletting 7
11. Default and Remedies 7
12. landlord's Contractual Lien 9
13. Protection of Lenders 9
14. Environmental Representations and Indemnity 10
15. Professional Service Fees 10
16. Miscellaneous 11
17. Additional Provisions 13
{/TABLE}
EXHIBITS AND ADDENDA. Any exhibit or addendum attached to this Lease is
incorporated as a part of this Lease for all purposes. Any term not specifically
defined in the Addenda shall have the same meaning given to it in the body of
this Lease. To the extent any provisions in the body of this Lease conflict with
the Addenda, the Addenda shall control.
[CHECK ALL BOXES WHICH APPLY. BOXES NOT CHECKED DO NOT APPLY.]
[X] Exhibit A Survey and/or Legal Description of the Property
[X] Exhibit B Floor plan and/or Site Plan
[X] Addendum A Expense Reimbursement
[X] Addendum B Renewal Options
[ ] Addendum C Right of First Refusal for Additional Space
[ ] Addendum D Percentage Rental/Gross Sales Reports
[ ] Addendum E Guarantee
[ ] Addendum F Construction of Improvements
[ ] Addendum G Rules and Regulations
[X] Addendum H Other Additional Provisions
IN CONSIDERATION of the terms, provisions and agreements contained in this
Lease, the parties agree as follows:
ARTICLE ONE: DEFINED TERMS. As used in this Commercial Lease Agreement (the
"Lease"), the terms set forth in this Article One have the following respective
meanings:
1.01. EFFECTIVE DATE: The last date beneath the signatures of Landlord and
Tenant on page 13 below.
1.02. LANDLORD: Tom Taylor, Arch Jacobson, and Estate of James A. Moran
ADDRESS: 6516 Forest Park Road
Dallas Texas 75235 Telephone: 214-358-0174 Fax: 214-358-0445
1.03. TENANT: Probex Corp.
ADDRESS: 13355 Noel Rd. Suite 1200
Dallas TX 75240 Telephone: 972-788-4772 Fax: 972-980-7068
1.04. DEMISED PREMISES:________________________________________________________
A. STREET ADDRESS: 15510 Wright Brothers Drive, Addison Texas 75001
in Dallas County, Texas.
B. LEGAL DESCRIPTION: The property on which the Demised Premises is
situated (the "Property") is more particularly described as: Lot 9,
in Block A of the Addison Airport Industrial District an Addition to
the Town of Addison, Texas according to the map recorded in Volume
50, Page 207 of the Map records of Dallas County or is described on
EXHIBIT A, SURVEY AND/OR LEGAL DESCRIPTION.
C. FLOOR PLAN OR SITE PLAN: Being a floor area of approximately 21,290
square feet and being approximately _____ feet by _____ feet
(measured to the exterior of outside walls and to the center of the
interior walls) and being more particularly shown in outline form on
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