This office lease clause states that the tenant shall be allowed to utilize the storage area and the same shall be deemed to be included in and be a portion of the demised premises. There will be no charge for the use of storage area by way of rent or for any other services. This form also lists acknowledgments of the tenants obligations for use of the storage area.
The Mississippi Storage Area Clause, also known as the Mississippi Warehouse Receipt Act, is a legal provision that governs the storage of goods in the state of Mississippi. This clause outlines the rights and obligations of both the storage facility and the individuals or businesses using the facility for storing their goods. It ensures that the process of storage is regulated and provides protection for all parties involved. Under the Mississippi Storage Area Clause, there are several types of clauses that can be found in storage contracts. These clauses vary based on the specific needs and requirements of the parties involved. Some common types include: 1. Liability Clause: This clause specifies the extent of liability that the storage facility assumes for any damage, loss, or theft of the stored goods. It outlines the responsibilities of the storage facility and may include limits on their liability. 2. Access Clause: This clause details the conditions under which the owner or authorized individuals can access the stored goods. It may include restrictions on access hours, the necessity for prior notice, or any other terms related to accessing the goods. 3. Payment Clause: This clause specifies the payment terms and conditions for utilizing the storage facility. It covers aspects such as rental fees, due dates, late payment penalties, and any other financial agreements between the parties. 4. Termination Clause: This clause outlines the conditions under which the storage agreement can be terminated by either the storage facility or the owner of the stored goods. It may include notice periods, termination fees, and other relevant termination provisions. 5. Insurance Clause: This clause addresses the insurance requirements for the stored goods. It may stipulate that the owner of the goods needs to maintain appropriate insurance coverage during the storage period, or it may specify that the storage facility provides insurance coverage for the stored goods. The Mississippi Storage Area Clause as a whole serves to protect the rights of both parties involved in a storage agreement, ensuring transparency and fairness throughout the storage process. It is essential for anyone considering using a storage facility in Mississippi to review and understand the specific terms and conditions outlined in the storage contract, including the different types of clauses applicable.
