Iowa Surface Lease (to Store Materials)
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How to fill out Surface Lease (to Store Materials)?
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FAQ
Material default legal definition refers to a party's failure to honor the clauses in a contract. A contract is, by definition, a set of clauses that the signing parties agree to fully fulfill. When that does not happen, it is considered a breach of contract and may result in legal action.
MATERIAL LEASE PROVISION means a provision which materially increases the landlord's obligations under a Lease, which provides the tenant with material rights or recourse against the landlord or with the right to terminate the Lease, or which adversely affects Lender's security in the Lease.
Material Lease means any Lease, to which any Leased Real Property is subject, that is material to the operations of a Group Company. Material Lease Definition: 695 Samples | Law Insider lawinsider.com ? dictionary ? material-lease lawinsider.com ? dictionary ? material-lease
In the law of contracts, a material term in a contract is a term or provision that concerns significant issues, such as subject matter, price, quantity, type of work to be done, and terms of payment or performance.
A lease is a contract outlining the terms under which one party agrees to rent an asset?in this case, property?owned by another party. It guarantees the lessee, also known as the tenant, use of the property and guarantees the lessor (the property owner or landlord) regular payments for a specified period in exchange.
