Pacbrake Exhaust Brakes. Founded in 1964 by the Meneely family, Pacbrake has grown to become one of the most recognized leaders in engine, exhaust and combination brake manufacturing.
Notice Period: Most renewal clauses require the tenant to give written notice to the Landlord that they are exercising their right to the renewal option within a specified period of time, often 6 or 12 months prior to the expiration of the lease.
The Lease Commencement Date is the date in which the lease goes into effect legally binding the parties the parties to the terms of the lease. The Rent Commencement Date is the date in which the Lessee begins to pay rent to the Lessor. In many cases these dates may be the same and as a Lessee you will pay your first lease payment at the time in which you sign the lease. However, these two dates can be different.