Ohio Commercial Lease Agreement

Ohio Commercial Lease Agreement
Thi s Lease Agreement is entered into as o f _______________, 20___, by and bet ween
________________________________________, ( "Landlord") and
_______________________________________________, ( "Tenant").
Upon the terms and subject to the conditions hereinafter set forth, Landlord leases to
T enant and Tenant leases fr om Landlor d, the real pr oper ty described in at tached E xhibit
"A ", which Ex hib it A is incorporated h erein by th is reference, togeth er with all
improvements now o r her eafter lo cated thereon and all appur tenances and pr ivileges
r elated thereto, all of which ar ea is hereinafter r efer r ed to as the "Pr emises. "
Sect i on 1. Lease Term. The lease term shall commence on _____________, and shall
terminat e on _____________.
Section 2. Rent. The annu al rent fo r the lease term shall be $__________________,
payable in equal mon thly in stallmen ts of $_______________, each, in advance of t he
fir st day o f each calendar month t hroughout the lease ter m. Tenant shall pay the fir st and
last mont h's rent to Land lor d at the t ime of the parties' execution of t his Lease. I f the
lease term commences o n a day other than t he first day o f a calendar month, the first
month's r ent shall be adju sted accordingly.
Sect i on 3. Use of th e Premises. T enant's use of the Pr emises shall be in a lawful, car eful,
safe, and proper manner, and Tenant shall car efully preser ve, pr otect, control and guard
the same from damage. T enant shall no t use the parking ar ea or the ingress and egr ess
ar ea of the Pr emises in an unr easonable manner so as to int erfere with the no r mal flow of
traffic o r the use o f such areas by occupants of pr oper ties adjacent to the Premises.
S ect i o n 4. Taxes an d Assessmen ts. T enant shall pay all r eal estate taxes and assessment s
beco ming due and payable with r espect to the P r emises during the lease ter m and any
extension t hereof, and all taxes o r other charges imposed during the lease t er m or any
extension t hereof with respect to any bu siness conducted on the Pr emises by Tenant or
any personal prop er ty used by T enant in connection t herewith. Taxes, assessments or
othe r c harg e s w hic h Te nant is oblig ated to pay or c au s e to be p a id he reu nde r a nd w hich
r elate to any fraction o f a t ax year at the co mmencement or ter minatio n o f this Lease shall
be prorated based upo n the ratio that the number of days in such fr actional t ax year bears
to 365.
Ten an t shall hav e the right to con test, object, or oppose the legality or validity of an y tax,
assessment, or char ge, pr ovided that prompt not ice of such co ntest, object ion, or
op position be g ive n to L a ndlord, a nd p rovided further that Te na nt promp tly thereafte r s e t
aside in a separ ate escr ow account funds equal to the amo u nt of the taxes, assessments, or
charges being co nt ested, object ed, o r opposed by Tenant. T enant agr ees to hold Land lord
harmless from and to fully pay and dischar ge the amo u nts finally determined to be due
follo wing the exercise of such right to contest , o bject or oppose, together with any
penalties, fines, int er e sts, costs, or expenses that may accrue, or have accr ued, thereon
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