And whereas. The Lessee wishes to lease the Leased Premises from the Lessor in unprotected lease and to sign the Management Agreement, inter alia, as stated hereunder, and the Appendixes of this Agreement in accordance with the provisions set forth in this Agreement;
And whereas while said Xxxxxx Xxxxx Xxxxx and Xxxxxxx Xxxxx Xxxxx were in joint possession and enjoyment of their various properties due to inconvenience in joint possession and enjoyment their joint properties they got their joint properties partitioned by a registered Deed of Partition said deed of partition was registered on 13.11.1959 in the office of District Registrar, Howrah recorded in Book No. I, Being No.4628 for the year 1959, and after said deed of partition said Xxxxxx Xxxxx Xxxxx the predecessors in interest of the present owners/vendors got allotment of various properties including properties comprised within Howrah Municipal Corporation Holding No. 43 & 43/1, Xxx Xxxxxx Saha Xxxx, X.X. & District Howrah as mentioned in “C” Schedule of said registered deed of partition.
And whereas. On December 25, 2008, the First Addendum to the Original Lease Agreement (hereinafter: the "First Addendum") according to which, inter alia, the area of the Leasehold as defined in the First Addendum was reduced to the three floors of the northern wing, a storeroom, and covered as well as uncovered parking spots, and the Rent as defined in the First Addendum was modified, all as specified in the First Addendum; And whereas: In 2013, a Second Addendum to the Original Lease Agreement (hereinafter: the "Second Addendum") as executed according to which, inter alia, the duration of the Term of the Lease was extended until January 19, 2019, the area of the Leasehold was reduced to two floors of the northern wing, a storeroom, and covered as well as uncovered parking spots, as defined in the Second Addendum, and the Rent was modified, all as specified in the Second Addendum;
More Definitions of And whereas
And whereas. The Lessor and the Lessee signed the first Addendum of the Original Agreement on July 1, 2014 [hereinafter: “First Addendum”] according to which the Lessee leases from the Lessor an additional area of approximately 377sqm gross, located on the ground floor in the Tamar Building [the Leased Premises, within their meaning in the Original Agreement and the additional area that was leased to the Lessee in accordance with the First Addendum shall be referred hereinafter collectively: “the Leased Premises” as stated in the First Addendum [the Original Agreement and the First Addendum shall be referred hereinafter: “the Lease Agreement”];
And whereas in the Second Amendment the Principal affirms the survival of certain obligations to the Company including, among other things, Section 1 of the Second Amendment which sets out a covenant by the Principal not to compete with the Company, and the Parties by this Addendum wish to amend Section 1 of the Second Amendment.
And whereas. The parties wish to engage in an agreement pursuant to which they shall formalize the relations between them as shareholders in Mivtach Shamir, THE FOLLOWING HAS THEREFORE BEEN STIPULATED AND AGREED BETWEEN THE PARTIES: PREAMBLE --------
And whereas. A project that includes office areas, commercial and industrial areas and a parking lot, including the Leased Premises within their meaning in Section 2 hereunder, is located on the Land;
And whereas. The parties wish to define, regulate and formalize in writing their rights and obligations in connection with the lease of the Leased Premises as aforesaid in accordance with the provisions set forth in this Agreement; Therefore, it is Declared, Stipulated and Agreed between the Parties as Follows:
And whereas. The Lessee undertook to sign this Management Agreement following its signature and as stated in the Lease Agreement, within its meaning hereunder; And whereas: The Lessor, within its meaning hereunder, appointed the Management Agreement, to manage and operate the Building and to perform the services, within their meaning hereunder; [Signature and Stamp: Ogen Yielding Real Estate Ltd and Polypid Ltd.] [Signed]
And whereas. The Building will include offices, commercial areas and parking lots that require central management and standard rules of conduct;