(Download) "Maxima Corp. v. 6933 Arlington Development Limited Partnership" by Supreme Court of Minnesota # Book PDF Kindle ePub Free
eBook details
- Title: Maxima Corp. v. 6933 Arlington Development Limited Partnership
- Author : Supreme Court of Minnesota
- Release Date : January 03, 1994
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 87 KB
Description
This is an appeal from an order of the Circuit Court for Montgomery County acting pursuant to a remand from this Court. Maxima Corp. v. Cystic Fibrosis Foundation, 81 Md. App. 602, 568 A.2d 1170, cert. denied sub. nom., 319 Md. 582 (1990). The genesis of the appeal is a dispute over the provisions and implementation of a commercial lease. Parties to the original suit were the lessor, 6933 Arlington Development Limited Partnership (Arlington), The Maxima Corporation (Maxima), an assignee of the original lease, and Cystic Fibrosis Foundation (Cystic), a subtenant of Maxima. Arlington had leased Suite 200 on the second floor of the subject property and basement space (T100) to Technassociates, Inc. (TI) under the "Master Lease," which provided that Arlington would agree to waive the first six months of rent; to pay $260,000 to TI as a "signing Payment" upon execution of the lease; to pay $260,000 as an "Occupancy Payment" upon TIs occupying the premises; and to pay a final $200,000 as an "Anniversary Payment" on the first anniversary of the commencement of the leased term.
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