Retail Lease

Retail Lease _________________________________, Landlord and _________________________________, Tenant Premises: Date: -1 American LegalNet, Inc. www.FormsWorkFlow.com TABLE OF CONTENTS Article 1. Article 2. Article 3. Article 4. Article 5. Article 6. Article 7. Article 8. Article 9. Article 10. Article 11. Article 12. Article 13. Article 14. Article 15. Article 16. Article 17. Article 18. Article 19. Article 20. Article 21. Article 22. Article 23. Article 24. Article 25. Basic Terms and Definitions ...................................................... Demise; Rent......................................................................... Use; Rules and Regulations; Tenant Operations; Signs........................ Condition of the Premises; Landlord's Work.................................... Tenant's Work........................................................................ Tax Payments........................................................................ Expense Payments.................................................................. Utilities; Services................................................................... Common Areas...................................................................... Repairs and Maintenance........................................................... Laws; Hazardous Substances...................................................... Subordination; Estoppel Certificates............................................. Insurance............................................................................. Casualty.............................................................................. Condemnation....................................................................... Assignment and Subletting........................................................ Access; Changes in Building and Real Property............................... Default............................................................................... Remedies............................................................................ Security.............................................................................. Broker................................................................................ Notices; Consents and Approvals................................................ No Representations; Liability; Tenant Indemnity.............................. End of Term......................................................................... Miscellaneous....................................................................... Fixed Rent.................................................................. Landlord's Work.......................................................... Premises.................................................................... Commencement Date Agreement....................................... Rules........................................................................ Tax Payment ­ Direct Pass Through.................................... Tenant's Tax Payment ­ Escalation.................................... Tenant's Expense Payment ­ Type, Escalation or Direct Pass-Through...................................................... Full Guaranty.............................................................. Good Guy Guaranty...................................................... Principals (owning a 25% or greater interest in Tenant)............ Page 1 2 4 6 6 9 10 11 12 13 14 16 17 18 18 19 22 23 24 27 28 28 29 30 31 34 35 36 37 39 40 42 43 45 49 54 55 56 58 55 56 58 Exhibits Exhibit A Exhibit B Exhibit C Exhibit D Exhibit E [Optional] Exhibit F[Optional] Exhibit F[Optional] Exhibit G- Exhibit H [Optional] Exhibit HExhibit I Riders Extension Option Rider............................................................................ Food Use Rider..................................................................................... Other Form of Letter of Credit........................................................................... Riders Extension Option Rider............................................................................ Food Use Rider..................................................................................... Other Form of Letter of Credit........................................................................... -1 American LegalNet, Inc. www.FormsWorkFlow.com FORM OF RETAIL LEASE (2009, modified 2010): This form was originally prepared by the Committee on Real Property Law of the Association of the Bar of the City of New York. This form may have been altered by the user and any such alterations may not be apparent. To view or download the original unaltered text of this form and a note about this form, visit the Real Estate Forms site at the Reports/Publications/Forms link at www.nycbar.org. This form will not be suitable for all transactions. No warranty or representation is made as to the legal sufficiency of the form. Retail Lease Lease dated ______________, between ______________________________, a ______ ______ limited liability company ("Landlord"), and _______________________________________. a _______________ ("Tenant"). Article 1. Basic Terms and Definitions Section 1.1 Additional Rent. All sums, other than the Fixed Rent, payable by Tenant to Landlord under this lease, including the payment of deficiencies and increases in the Security, if any. Section 1.2 Section 1.3 _____________________. Section 1.4 of Section 2.6. Section 1.5 Expiration Date. The date that is _________years following the last day of the calendar month in which the Commencement Date occurs. Section 1.6 Extension Option. A single _____ year extension option, more particularly described in the Extension Option Rider (if any) attached to this lease. Section 1.7 Fixed Rent. The Fixed Rent is shown on Exhibit A to this lease. Broker. Building. _________________________. The building and improvements located at Commencement Date. _____________, subject to the provisions Section 1.8 Fixed Rent Commencement Date. The date that is ____ days following the Commencement Date. Section 1.9 Guarantor. _____________________. If there is more than one person or entity comprising Guarantor, the liability of all persons and entities comprising Guarantor shall be joint and several. Section 1.10 Landlord's Work. this lease. Section 1.11 Notice Address. -1 The work, if any, described in Exhibit B to American LegalNet, Inc. www.FormsWorkFlow.com (a) _____. Landlord. ____________________