Covenants of the Lessor Sample Clauses

Covenants of the Lessor. The Lessor hereby agrees that so long as this Agreement is in effect, unless the Agent, the Lessee and the other Financing Parties shall have otherwise consented in writing: (a) the proceeds of the Loans received from the Lenders will be used by the Lessor solely to acquire the Properties (through the acquisition of the beneficial interests of the Existing Holders in the Trust and the dissolution of the Trust), to refinance the Existing Loans and Existing Holder Fundings and to fund the Transaction Expenses. No portion of the proceeds of the Loans will be used by the Lessor (i) in connection with, whether directly or indirectly, any tender offer for, or other acquisition of, stock of any corporation with a view towards obtaining control of such other corporation, (ii) directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any Margin Stock, or (iii) for any purpose in violation of any Applicable Law; (b) it shall not consent to or suffer or permit any Lien against the Property, other than as expressly contemplated pursuant to the Operative Documents; (c) it shall not consent to or suffer or permit the creation of any easement or other restriction against the Property other than as permitted pursuant to Section 10.5; (d) it shall promptly discharge each Lessor Lien and shall indemnify the Lenders and the related Lessee for any diminution in value of any Property resulting from such Lessor Liens; and (e) upon request of Tech Data, it will deliver to Tech Data, (i) as soon as available and in any event within 20 days after the end of each fiscal quarter (other than the fourth fiscal quarter), a consolidated balance sheet of the Lessor as of the end of such fiscal quarter and of related statements of income for such quarter and the portion of the fiscal year through the end of such quarter, setting forth in each case in comparative form the figures for the previous fiscal year, prepared in accordance with GAAP certified by a manager or officer of the Lessor, (ii) as soon as available and in any event within 45 days after the end of each fiscal year, a consolidated balance sheet of the Lessor as of the end of such fiscal year and the related statements of income for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, prepared in accordance with GAAP, certified by a manager or officer of the Lessor and (iii) within 15 days after the end of each fiscal qua...

Covenants of the Lessor. The Lessor hereby agrees that so long as this Participation Agreement is in effect:

Covenants of the Lessor. The Lessor covenants and agrees with the Lessee during the Lease Term as follows:

Covenants of the Lessor. 4.1 The LESSOR reserves the right to sell, lease or otherwise deal with any plot unleased or unsold, in any manner it deems suitable and the LESSEE shall not raise objections to the same. 4.2 It shall be open to the LESSOR to deal with the allotted plot taken by it under the rights conferred on it as per Clause 7.2 and Clause 12.2 in any manner it likes either by retaining or by leasing it to any other person, without any let or any hindrance or claim whatsoever to the LESSEE to compensation and the LESSEE has no right to interdict the same. 4.3 The LESSOR shall have the power to grant extension of time, subject to such conditions as may be imposed to the LESSEE in all matters which are required to be done or completed within the prescribed time, under this deed by imposing suitable penalties as per the prevailing policy of the LESSOR. 4.4 The LESSOR or persons authorised by it shall have the right to enter upon and inspect the said allotted plot, during the currency of the lease at all times. 4.5 The LESSOR shall obtain the Environmental Clearances wherever applicable, DTCP approvals and other necessary statutory clearances for the Industrial Parks. 4.6 The LESSOR reserves the right to impose any further conditions and stipulations, or alterations in the regulations which are reasonable, justified and necessary at any time for the establishment of Industrial Park to implement the conditions of this deed and for the benefit of the Industrial Park as a whole by way of policy decisions and office orders/circulars which shall be published as and when imposed, which shall be binding thereon. 4.7 The Lease Deed shall be executed in two counterparts. The LESSOR shall hold the registered lease deed, on which full stamp duty has been paid, in its safe custody and other copy of registered lease deed shall be held by the LESSEE.

Covenants of the Lessor. The LESSOR covenants and represents: a) To ensure 24 hours’ access to the DEMISED PREMISES by staffing a building attendant/ security personnel 24 hours’ a day and lighting the DEMISED PREMISES at all times. b) To complete handover of the DEMISED PREMISES as per the schedule contained in clause 3 of this Lease Agreement. c) To install double-glazed glasses on exterior façade of the DEMISED PREMISES for noise reduction and increased insulation. d) To allow the LESSEE to install and pass/run the LESSEE’S required quantity of cables/wires (Power+LAN+Fiber+etc.) from floor to floor and from the server room to other floors of the DEMISED PREMISES. The LESSOR shall arrange to mitigate and resolve any hindrance and obstruction, if any, caused to the LESSEE by other tenants of the building in the process of installing and passing cables/wires. e) To allow the LESSEE to install an ISP fiber drop point and wall-mounted network switch box as per the LESSEE’S required specifications (height, weight, dimensions etc.) in an appropriate location at the basement, as deemed by the LESSEE, from where the LESSEE shall be able to use the cable ducts to pass/run the cables/wires toward the server room of the LESSEE. f) To allow the LESSEE to set up a 3rd radio tower including dedicated plant, machinery and equipment, as per the LESSEE’S required specifications (height, weight, dimensions etc.) on roof top of the building, if required, without any hindrance/obstructions and any further rent and/or charges. The approximate technical specifications of the radio and tower, including but not limited to height, weight, dimensions, etc., shall be as provided under Annexure-3. The LESSEE shall not be required to pay any additional rent to the LESSORS for the space to be provided by the LESSSORS on the roof top of the building. g) To arrange, at the LESSOR’S cost, a supply of 400 volts, 3 (three) phase, at least 200 KW (+/-) (Each floor 50 KW) electricity for the DEMISED PREMISES (up to Sub Distribution Board) with separate Electric Meter for the LESSEE which can be amended based on mutual discussion. h) To obtain and provide a resolution of the Board of Directors of the LESSOR’s company in accordance with law and the Articles of Association of the LESSOR, confirming the terms and condition of this Lease Agreement and authorizing the signing of this Lease Agreement granting the lease to the LESSEE. i) To maintain regular water and electricity supply for the DEMISED PREMISES at its own ...

Covenants of the Lessor. The Lessor covenants with the Lessee for quiet enjoyment of the Leased Premises and the rights appurtenant thereto, subject to the provisions of this Lease, and to observe and perform all the covenants and provisions of this Lease on its part to be observed and performed.

Covenants of the Lessor. The Lessor hereby covenants with the Lessee as follows— (a) to co-operate in furnishing access and information in its possession to permit the Lessee to undertake and complete all engineering, architectural, ecological, soil, environmental, financial and other studies as the Lessee determines necessary or appropriate with respect to areas on the Island not included within the Premises, for the purpose of developing the Project; (b) that the Lessee, upon paying the rents hereby reserved and observed and performing the several covenants and stipulations herein on its part contained, shall peaceably and quietly hold and enjoy the Premises during the term of this Lease without any interruption by the Lessor, or any person or persons claiming by, through, or under the Lessor; (c) (i) to relocate the fishermen and their boats from where they are now camped to a location outside the Premises which is suitable both for their accommodation and the safe hauling of their boats, and

Covenants of the Lessor. The Lessor hereby agrees as to itself that so long as this Agreement is in effect:

Covenants of the Lessor. 23 ----------------------- 4.1 LANDLORD'S COVENANTS 23 4.1.1 Delivery of Premises 23 4.1.2 quiet enjoyment 23 4.1.3 Structural Elements of the Exterior 24 ARTICLE V-COVENANTS OF THE LESSEE 24 ----------------------- 5.1

Covenants of the Lessor. The Lessor hereby agrees that so long as this Participation Agreement is in effect: (a) it will not create, incur, assume or suffer to exist any Lien (including any Lessor Lien) upon the Master Lease or any of the Properties (other than as contemplated by any of the Operative Documents); (b) it will use its best efforts to remove any Lien (including any Lessor Lien) created, incurred, assumed or suffered to exist by it upon the Master Lease or any of the Properties (other than the Lender Deeds of Trust and such other Liens as are contemplated by any of the Operative Documents); provided, however, that any action taken pursuant to this clause (b) shall not limit the Lessee's rights or remedies under any of the Operative Documents; and (c) it will grant any license or easement to the Lessee reasonably necessary for the use and enjoyment of the Property.