Vault Space and other Encroachments Clauses
(Commercial Lease)

Summary

These vault space and other encroachments clauses may be included in a commercial lease to address the use of portions of the leased property which may be subject to termination by governmental authorities or by action of neighboring property owners. These clauses include practical guidance and drafting notes indicating when to use each clause. The capitalized terms and section references used in this clause should be conformed to those used in the relevant commercial lease. For more on drafting and negotiating commercial leases, see Office Lease Agreements, Retail Lease Agreements, and Restaurant Lease Agreements.