CHAPTER HOUSE LEASE
THIS LEASE is entered into as of the _____ day of __________, 2______, by and between __________________________, a nonprofit corporation organized under the laws of the State of _______ (the "House Corporation"), and ________ Chapter of Kappa Kappa Gamma Fraternity (the "Fraternity") at ____________________ (the "University"), an unincorporated association of individuals (the "Chapter"), on behalf of the Chapter and its members.
1. Lease and Permitted Use of Chapter House. In consideration of the payments and the performance of the covenants, terms and conditions contained in this Lease, the House Corporation leases to the Chapter, and the Chapter leases from the House Corporation, the real estate, improvements, fixtures and personal property owned and/or leased by the House Corporation at ________________________ (collectively the "Chapter House") for a term commencing ____________ and ending __________ (the "Initial Lease …show more content…
The Chapter House shall be used by the Chapter exclusively for activities authorized to be conducted by a chartered chapter of the Fraternity for members in good standing with the