Common use of Demise of Leased Property Clause in Contracts

Demise of Leased Property. The Authority demises and leases to the County and the County leases from the Authority, the Leased Property, for the term set forth in Section 4.1 and the Basic Rent and Additional Rent and in accordance with the terms of this Lease Agreement. The Authority hereby agrees to perform the obligations imposed upon it as lessee under the Ground Lease. Subject to the provisions of Articles VI and VII, the County shall be entitled to possession of the Leased Property during the term of this Lease Agreement.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Demise of Leased Property. The Authority demises and leases to the County and the County leases from the Authority, the Leased Property, for the term set forth in Section 4.1 and the Basic Rent and Additional Rent set forth in Section 4.2 and in accordance with the terms of this Lease Agreement. The Authority hereby agrees to perform the obligations imposed upon it as lessee under the Ground Lease. Subject to the provisions of Articles VI and VII, the County shall be entitled to possession of the Leased Property during the term of this Lease AgreementProperty, from time to time.

Appears in 1 contract

Samples: Lease Agreement

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Demise of Leased Property. The Authority demises and leases to the County and the County leases from the Authority, the Leased Property, for the term set forth in Section 4.1 and the Basic Rent and Additional Rent and in accordance with the terms of this Lease Agreement. The Authority hereby agrees to perform the obligations imposed upon it as lessee under the Ground Lease. Subject to the provisions of Articles VI and VII, the County shall be entitled to possession of the Leased Property during the term of this Lease Agreement.

Appears in 1 contract

Samples: Lease Agreement

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