Award of lease Sample Clauses

Award of lease. ( a) Af t e r t h e a u t h o r ized office r h a s a ccep t ed a h ig h q u a lified bid, a n d t h e A tt o rn e y Ge n e r a l h a s n o t objec t ed t o le a se iss u a n ce o r t h e p r oced ur es i n § 3422.3–4( e)(2) of t h i s t i t le h a ve bee n co m ple t ed, t h e a u t h o r ized office r s h a ll se n d 4 copies of t h e le a se fo r m t o t h e s u ccessfu l bidde r . T h e s u ccessfu l bidde r s h a ll co m ple t e, s ig n a n d r e t urn t h ese fo r m s a n d s h a ll: p a y t h e b a l a n ce of t h e bo nu s bid, if r eq u i r ed; p a y t h e fi r s t y e a r’s r e n t a l; p a y t h e p r opo r t io n a t e s h a r e of t h e cos t of p u blis h i n g t h e n o- t ice of s a le; a n d file a le a se bo n d. Upo n r eceip t of x x x x xxxx, t h e a u t h o r ized of- fice r s h a ll exec u t e t h e le a se.
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Award of lease. Cochin Port Authority shall award the lease to the bidder whose offer is substantially responsive to the bid document and has been determined to be the highest evaluated bid subject to section 2.28. Cochin Port Authority reserves the right to accept the bid in part or to accept bid of different bidder for each line item of the price schedule.
Award of lease. ( a) A bid s h a ll n o t be wi t h d r a w n a n d s h a ll co n s t i t u t e a leg a ll y bi n di n g co m - m i t m e n t t o exec u t e t h e le a se bid fo r m a n d a ccep t a le a se, i n cl u di n g t h e obli- g a t io n t o p a y t h e bo nu s bid, fi r s t y e a r’s r e n t a l , a n d a d m i n i s t r a t ive fee. E xec u- t io n b y t h e h ig h bidde r of a co m pe t i- t ive le a se bid fo r m a pp r oved b y t h e Di- r ec t o r co n s t i t u t es ce r t ific a t io n of co m - pli a n ce wi t h s u bp a r t 3102 of t h i s t i t le, s h a ll co n s t i t u t e a bi n di n g le a se offe r , i n cl u di n g a ll t e r m s a n d co n di t io n s a p- plic a ble t h e r e t o, a n d s h a ll be r eq u i r ed w h e n p a y m e n t i s m a de i n a cco r d a n ce wi t h § 3120.5–2( b) of t h i s t i t le. F a il ur e t o co m pl y wi t h § 3120.5–2( c) of t h i s t i t le s h a ll r es u l t i n r ejec t io n of t h e bid a n d fo r fei t ur e of t h e m o n ies s u b m i tt ed un de r § 3120.5–2( b) of t h i s t i t le.
Award of lease. This lease may be awarded to the highest responsible bidder. Said bidder shall not assign this agreement or sub-lease the premises or any part thereof or occupy or permit the same to be occupied for any business or purpose deemed disreputable or extra-hazardous.

Related to Award of lease

  • GRANT OF LEASE Landlord does hereby lease unto Tenant, and Xxxxxx does hereby rent from Landlord, solely for use as a personal residence, excluding all other uses, the personal residence located in USA, GA, with address of: 0000 Xxxxxxxx Xxxxxxx XX, #X, Xxxxxxxx, XX, XXX Heirs And Assigns It is agreed and understood that all covenants of this lease shall succeed to and be binding upon the respective heirs, executors, administrators, successors and, except as provided herein, assigns of the parties hereto, but nothing contained herein shall be construed so as to allow the Tenant to transfer or assign this lease in violation of any term here of.

  • Condition of Leased Premises Tenant hereby acknowledges that Xxxxxx has examined the leased premises prior to the signing of this Lease, or knowingly waived said examination. Tenant acknowledges that Tenant has not relied on any representations made by Landlord or Landlord’s agents regarding the condition of the leased premises and that Tenant takes premises in its AS-IS condition with no express or implied warranties or representations beyond those contained herein or required by applicable Georgia law. Xxxxxx agrees not to damage the premises through any act or omission, and to be responsible for any damages sustained through the acts or omissions of Tenant, Xxxxxx’s family or Xxxxxx’s invitees, licensees, and/or guests. If such damages are incurred, Tenant is required to pay for any resulting repairs at the same time and in addition to the next month’s rent payment, with consequences for non-payment identical to those for non- payment of rent described herein. At the expiration or termination of the Lease, Tenant shall return the leased premises in as good condition as when taken by Tenant at the commencement of the lease, with only normal wear-and-tear excepted. Modification Of This Lease Any modification of this lease shall not be binding upon Landlord unless in writing and signed by Landlord or Landlord’s authorized agent. No oral representation shall be effective to modify this Lease. If, as per the terms of this paragraph, any provision of this lease is newly added, modified, or stricken out, the remainder of this Lease shall remain in full force and effect.

  • SUBORDINATION OF LEASE This Agreement and Tenant's interest hereunder are and shall be subordinate, junior and inferior to any and all mortgages, liens or encumbrances now or hereafter placed on the Premises by Landlord, all advances made under any such mortgages, liens or encumbrances (including, but not limited to, future advances), the interest payable on such mortgages, liens or encumbrances and any and all renewals, extensions or modifications of such mortgages, liens or encumbrances.

  • Termination of Lease Landlord may terminate Tenant’s interest under the Lease, but no act by Landlord other than notice of termination from Landlord to Tenant shall terminate this Lease. The Lease shall terminate on the date specified in the notice of termination. Upon termination of this Lease, Tenant will remain liable to Landlord for damages in an amount equal to the rent and other sums that would have been owing by Tenant under this Lease for the balance of the Lease term, less the net proceeds, if any, of any re-letting of the Premises by Landlord subsequent to the termination, after deducting all of Landlord’s Reletting Expenses (as defined below). Landlord shall be entitled to either collect damages from Tenant monthly on the days on which rent or other amounts would have been payable under the Lease, or alternatively, Landlord may accelerate Tenant’s obligations under the Lease and recover from Tenant: (i) unpaid rent which had been earned at the time of termination; (ii) the amount by which the unpaid rent which would have been earned after termination until the time of award exceeds the amount of rent loss that Tenant proves could reasonably have been avoided; (iii) the amount by which the unpaid rent for the balance of the term of the Lease after the time of award exceeds the amount of rent loss that Tenant proves could reasonably be avoided (discounting such amount by the discount rate of the Federal Reserve Bank of San Francisco at the time of the award, plus 1%); and (iv) any other amount necessary to compensate Landlord for all the detriment proximately caused by Tenant’s failure to perform its obligations under the Lease, or which in the ordinary course would be likely to result from the Event of Default, including without limitation Reletting Expenses described below.

  • DESCRIPTION OF LEASED PREMISES The Lessor agrees to lease to the Lessee the following described square feet (SF) of [type of space] located at [street address], State of . Additional Description: . Hereinafter known as the “Premises”.

  • Ground Lease Reserved.

  • Grant of Easement Subject to clauses 2 to 4 inclusive of this Part, the Water Authority will grant to the Joint Venturers an easement over the Water Authority Land in accordance with clause 5 of this Part.

  • USE OF LEASED PREMISES The Lessor is leasing the Premises to the Lessee and the Lessee is hereby agreeing to lease the Premises for the following use and purpose: . Any change in use or purpose the Premises other than as described above shall be upon prior written consent of Lessor only.

  • TERM OF LEASE This Lease shall commence on the date of ________ and shall continue until its natural termination under this part on the date of ________ at 11:59 PM. After the date of termination, this Lease shall automatically renew and shall continue for the same term amount until Landlord or Tenant undertake cancellation of this Lease in writing. At the expiration of this Lease, Tenant shall be responsible for providing a forwarding address to Landlord to receive any funds owed or other notices.

  • Memorandum of Lease Lessor and Lessee shall promptly upon the request of either enter into a short form memorandum of this Lease, in form suitable for recording under the laws of the State in which reference to this Lease, and all options contained herein, shall be made. Lessee shall pay all costs and expenses of recording such memorandum of this Lease.

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