COVENANTS OF THE LESSEES. The Lessees have absolute, clear and marketable title with respect to the leasehold rights of the said Land; the requisite rights to carry out development upon the Land and absolute, actual, physical and legal possession of the Land for the Project; The lease respectively held by each of the Lessees is intended to run concurrently, and subject to the Sub Lessee making payment of the amounts agreed to be paid and performing and observing the terms and conditions herein contained and on the part of the Sub Lessee to be performed and observed, each to the satisfaction of the Promoter and the Lessees, the Lessees will not do, execute or perform any act, deed or thing whereby their respective leases may be forfeited and/or surrendered and/or terminated in any manner and Lessees shall not be entitled to terminate the lease so held by each of the Lessees respectively. The Lessees have agreed to make and/or cause payment of the amounts which may have to be paid to the Owners in pursuance of the Deeds of Lease
COVENANTS OF THE LESSEES. THE GUARANTOR AND THE LESSOR
