The Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Premises, together with all rights, privileges, easements, and appurtenances thereto, for a term commencing on [Commencement Date] and, unless sooner terminated as provided herein, expiring at midnight on [Expiration Date] (the “Term”).

The Term may be extended only upon written mutual agreement of the parties, with all terms and conditions of this Agreement applicable to the extended term, unless otherwise expressly stated in such extension.

If Tenant holds over after expiration or earlier termination of the Term, such holding over shall not be deemed a renewal or extension of the Term, and Tenant shall be deemed a tenant at sufferance subject to all terms herein except as to duration and rent, and shall be liable for rent at a rate equal to [Holdover Rent Rate Placeholder].

Tenant shall take possession of the Premises “as is,” unless otherwise expressly provided herein. Tenant acknowledges that no representations, warranties, or promises as to the condition or suitability of the Premises have been made except as specifically set forth in this Agreement.

Early occupancy by Tenant, if any, shall be conditioned upon Landlord’s prior written consent and shall otherwise be subject to all terms and conditions of this Agreement.

In the event that Landlord is unable to deliver possession of the Premises to Tenant on the Commencement Date for any reason not attributable to Tenant, rent shall abate until possession is delivered, and the sole remedy of Tenant shall be the right to cancel this Agreement if possession is not delivered within [Delay Period Placeholder] after the Commencement Date.

Landlord and Tenant each warrant that the execution and delivery of this Agreement by them has been duly authorized and that this Agreement constitutes a valid and binding obligation upon them.

Tenant shall pay to Landlord rent for the Premises in the amount of [Rent Amount Placeholder] per [Payment Period Placeholder], payable in advance on or before the first day of each [Payment Period Placeholder] during the Term, without demand, deduction, or offset, to the address designated by Landlord in writing.

All payments of rent and other sums due hereunder shall be made in lawful money of [Currency Placeholder], by [Method of Payment Placeholder], or by such other method as Landlord may designate in writing.

In addition to the base rent, Tenant shall pay to Landlord as additional charges (“Additional Rent”) all sums, charges, and amounts required to be paid by Tenant under this Agreement, including, without limitation, utilities, maintenance, taxes, insurance premiums, and any late fees or interest as specified herein.

If any installment of rent or Additional Rent is not received by Landlord within [Grace Period Placeholder] after the date when due, Tenant shall pay to Landlord a late charge in the amount of [Late Charge Placeholder] for each such late payment, in addition to interest at the rate of [Interest Rate Placeholder] per annum, or the maximum rate allowed by law, whichever is less.

Tenant’s obligation to pay rent and Additional Rent shall be absolute and unconditional and shall not be subject to any abatement, deduction, or set-off for any reason, except as expressly provided herein.

If any payment tendered by Tenant is dishonored or returned for insufficient funds, Tenant shall pay to Landlord an administrative fee of [NSF Fee Placeholder] per occurrence, in addition to any late charges that may accrue.

Landlord may, in its sole discretion, allocate any payments received from Tenant to any outstanding obligations of Tenant under this Agreement, regardless of how Tenant may designate such payment.

Upon execution of this Agreement, Tenant shall deposit with Landlord the sum of [Security Deposit Amount Placeholder] (the “Security Deposit”) as security for the full and faithful performance by Tenant of every provision of this Agreement.

The Security Deposit shall be held by Landlord, without liability for interest, as security for the performance by Tenant of its obligations under this Agreement, including, but not limited to, payment of rent, repair of damage, and surrender of the Premises in the required condition.

Landlord may, in its sole discretion, apply all or any part of the Security Deposit to cure any default by Tenant under this Agreement, to repair damage to the Premises caused by Tenant, or to satisfy any other obligation of Tenant hereunder. In such event, Tenant shall immediately upon demand deposit with Landlord such additional sum as may be necessary to restore the Security Deposit to its original amount.

The Security Deposit shall not be deemed to be an advance payment of rent or a measure of damages, and Tenant shall have no right to apply the Security Deposit against any rent or other amounts due hereunder.

Within [Return Period Placeholder] after the expiration or earlier termination of this Agreement and surrender of possession of the Premises by Tenant in accordance with the terms hereof, Landlord shall return to Tenant any portion of the Security Deposit not applied as set forth herein, together with an itemized statement of any deductions.

If Landlord’s interest in the Premises is transferred or assigned, Landlord shall have the right to transfer the Security Deposit to the transferee, and upon such transfer, Landlord shall be released from all liability for the return of the Security Deposit or the accounting therefor, and Tenant agrees to look solely to the transferee for such return or accounting.

Tenant shall not assign or encumber the Security Deposit, and any such assignment or encumbrance by Tenant shall be void.

The Premises shall be used and occupied solely by Tenant and its permitted subtenants or assignees for the purpose of [Permitted Use Placeholder], and for no other purpose without the prior written consent of Landlord.

Tenant shall not use or permit the use of the Premises for any unlawful purpose, nor for any purpose or in any manner that will constitute waste, nuisance, or unreasonable annoyance to Landlord, other tenants, or occupants of adjacent premises.

Tenant shall not do or permit anything to be done in or about the Premises which will in any way increase the risk of fire or the rate of insurance for the Premises or the building in which it is located, nor shall Tenant allow any hazardous or dangerous activities or substances on the Premises.

Tenant shall comply with all rules and regulations promulgated by Landlord from time to time governing the use and occupancy of the Premises and any common areas, provided that such rules are not inconsistent with the express terms of this Agreement.

Tenant shall not allow occupancy of the Premises by more than [Maximum Occupants Placeholder] persons at any one time, except with the prior written consent of Landlord.

Tenant shall not install or operate any machinery, equipment, or apparatus in or about the Premises which, in Landlord’s judgment, will cause excessive noise, vibration, or disturbance to other tenants or occupants.

Tenant shall promptly notify Landlord in writing of any occurrence or condition on the Premises which may constitute a violation of any provision of this Agreement or may give rise to a claim by or against Landlord.

Tenant, at its sole cost and expense, shall at all times keep and maintain the Premises, including all fixtures, equipment, and improvements therein, in a clean, safe, sanitary, and good order, condition, and repair, reasonable wear and tear excepted.

Landlord shall, at its sole cost and expense, be responsible for maintaining and repairing the structural elements of the Premises, including the foundation, roof, and exterior walls, except to the extent that such maintenance or repair is necessitated by the negligence or willful misconduct of Tenant, its employees, agents, invitees, or contractors.

Tenant shall promptly notify Landlord in writing of the need for any repairs to structural elements, building systems, or other matters for which Landlord is responsible, and Landlord shall use reasonable efforts to complete such repairs in a timely manner.

Tenant shall be responsible for all damage to the Premises caused by Tenant, its employees, agents, invitees, or contractors, including, without limitation, damage to walls, floors, ceilings, windows, doors, plumbing, and electrical fixtures.

Except as expressly provided herein, Landlord shall not be liable to Tenant for any damage or inconvenience, nor shall Tenant be entitled to any abatement or reduction of rent, by reason of any repairs, alterations, or improvements to the Premises or the building in which the Premises are located.

Tenant shall not cause or permit any waste or injury to the Premises, and shall keep all portions of the Premises free from accumulations of trash, debris, or other waste materials.

Upon expiration or earlier termination of this Agreement, Tenant shall surrender the Premises to Landlord in the same condition as received, ordinary wear and tear excepted, and shall remove all personal property and restore any alterations as required by Landlord.