Common use of Acquisition of Land and Improvements Clause in Contracts

Acquisition of Land and Improvements. The Tenant shall prior to or concurrently with the issuance of the Bonds lease to the Issuer the Land described in Schedule I and such of the Improvements as are then completed, installed or in progress pursuant to the Site Lease. The Tenant shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it in connection with the construction, furnishing or equipping of the Improvements other than Permitted Encumbrances.

Appears in 1 contract

Samples: Lease

AutoNDA by SimpleDocs

Acquisition of Land and Improvements. The Tenant shall prior to or concurrently with the issuance of the Bonds lease deliver to the Issuer title to the Land described in Schedule I and such of the Improvements as are then completed, installed or in progress pursuant to the Site Leaseprogress. The Tenant shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it in connection with the construction, furnishing installation or equipping development of the Improvements other than Permitted Encumbrances.

Appears in 1 contract

Samples: Master Lease Agreement

Acquisition of Land and Improvements. The Tenant shall prior to or concurrently with the issuance of the Bonds lease Bonds, convey or cause to the be conveyed to Issuer the Land described in Schedule I Land, if any, and such of the Improvements as are then completed, installed or in progress pursuant to the Site Leaseprogress. The Tenant shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it in connection with the construction, furnishing installation or equipping development of the Improvements other than Permitted EncumbrancesProject.

Appears in 1 contract

Samples: Lease Agreement (Federal Home Loan Bank of Topeka)

AutoNDA by SimpleDocs

Acquisition of Land and Improvements. The Tenant shall prior to or concurrently with the issuance of the Bonds lease Bonds, convey or cause to the be conveyed to Issuer the Land described in Schedule I and such of the Improvements as are then completed, installed or in progress pursuant to the Site Leaseprogress. The Tenant shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it in connection with the construction, furnishing installation or equipping development of the Improvements other than Permitted EncumbrancesProject.

Appears in 1 contract

Samples: Lease (Collins Industries Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!