DEMISE OF PROPERTY Sample Clauses

DEMISE OF PROPERTY. CITY hereby leases to SWIF, and SWIF hereby leases from CITY, that certain building commonly known as the Cultural Center on the property located at 000 Xxxx Xxxxxxxx Xxxxxxx 00, Xxxxxx, New Mexico. The property has been improved with a building and parking lots located on the east and west sides of the building. The parking lot on the west side of the building is included in the lease, the parking lot on the east side of the building is not. SWIF has inspected the same and, by the execution of this Lease, accepts the same in its present condition. SWJF and the CITY both understand that the west parking l o t will be used as a free public parking lot and that appropriate space will be provided for tour bus parking.
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DEMISE OF PROPERTY. In consideration of the rents, covenants and agreements reserved and contained in this Lease, Landlord hereby leases and demises to Tenant, and Tenant hereby leases from Landlord, certain real property located in Collier County, State of Florida, commonly known and numbered as 4206 Xxxxxx Avenue, Naples, Florida, together with all improvements txxxxxx, xxxxxxxxxx xx a 14,712 square foot building (the "Building"), all fixtures attached thereto, and all appurtenances thereto belonging (collectively, the "Property"), as more particularly described in Exhibit A, attached hereto.
DEMISE OF PROPERTY. That LESSOR, for and in consideration of the payment of rental, herein reserved and agreed to be paid by LESSEE, and pursuant to all of the terms, covenants and conditions herein contained to be observed, kept, and performed on the part of the LESSEE, has LEASED, LET AND DEMISED unto LESSEE, The "Surface Only" of the following described land situated in Xxxx County, Texas, to wit: The Cuchillas and Lomas Pastures containing approximately 2,292.00 acres of land, located approximately 27 Miles East/U.S. Hwy 59 East/I.69 Xxxx County School Land (W.C.S.L.), Tract, granted to Xxxx County,Texas as School Lands by the State of Texas being Survey No's.1687 & 577, Abstract 1890, & Abstract 911, in said County, and located approximately 27 miles east of the City of Laredo on U.S. Hwy. 59 E, a/k/a I-69. (Lessor and Lessee agree that each acknowledge of the location and boundaries of said land and each party formally waives a metes and bounds description thereof.) for agricultural grazing and hunting purposes only, and subject to the terms of any valid and subsisting oil, gas, mineral leases and geophysical exploration agreements covering said land or any part thereof now of record in Xxxx County, Texas, and to any oil, gas, mineral leases and geophysical exploration agreements that may be made in the future by LESSOR covering said lands, or any part thereof, on the following terms and conditions.
DEMISE OF PROPERTY. In consideration of the rents and covenants herein stipulated to be paid and performed, Lessor hereby demises and leases to Lessee, and Lessee hereby demises and lets from Lessor, the Property.”
DEMISE OF PROPERTY. In consideration of the rentals and other sums to be paid by Lessee and of the other terms, covenants and conditions on Lessee’s part to be kept and performed, Lessor hereby leases to Lessee, and Lessee hereby takes and hires, the Property. The Property is leased to Lessee “AS IS” and “WHERE IS” without representation or warranty by Lessor and subject to the rights of parties in possession, to the existing state of title, any state of facts which an accurate survey or physical inspection might reveal, and all Applicable Regulations now or hereafter in effect. Lessee has examined the Property and title to the Property and has found all of the same satisfactory for all of Lessee’s purposes.
DEMISE OF PROPERTY. In consideration of the rents and covenants herein stipulated to be paid and performed, Lessor, acting through the Maryland Trustee, hereby demises and sublets to Lessee, and Lessee hereby demises and sublets from Lessor, acting through the Maryland Trustee, the Property.
DEMISE OF PROPERTY. As of the Effective Date, the Landlord leases to the Tenant, and the Tenant leases from the Landlord, the Premises on the terms and conditions set forth in this Lease. For the purposes of calculating the Rent, the Parties agree and acknowledge that the Premises consist of a total of seven hundred twenty-seven (727) rentable square feet.
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DEMISE OF PROPERTY 

Related to DEMISE OF PROPERTY

  • Lease of Property Landlord, for and in consideration of the covenants and agreements herein contained on the part of Tenant to be paid, kept, observed, and performed, hereby leases to Tenant, and Tenant hereby leases from Landlord for the Term (as hereinafter defined), the Property. Tenant’s use of the Property shall be in compliance with the terms of this Lease.

  • Demise of Premises Landlord hereby demises and lets to Tenant and Tenant hereby takes and leases from Landlord, for the term and upon the provisions hereinafter specified, the Leased Premises.

  • Release of Property Except as set forth in this Section 2.6, no repayment or prepayment of all or any portion of the Loan shall cause, give rise to a right to require, or otherwise result in, the release of the Lien of the Mortgage on the Property.

  • Use of Property The Property as defined herein shall be for the sole and exclusive use and occupation by the Tenant(s) and same’s exclusive family namely:

  • Purchase of Property With any cash at any time held by it, to purchase or subscribe for any Authorized Investment (as defined in Section 6.3) and to retain the same in trust.

  • Sale of Property If the Premises is sold, the Tenant is to be notified of the new Owner, and if there is a new Manager, their contact details for repairs and maintenance shall be forwarded. If the Premises is conveyed to another party, the new owner: (check one) ☐ - Has the right to terminate this Agreement by providing days’ notice to the Tenant. ☐ - Does not have the right to terminate this Agreement.

  • Maintenance of Properties and Leases Each Loan Party shall, and shall cause each of its Subsidiaries to, maintain in good repair, working order and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those properties useful or necessary to its business, and from time to time, such Loan Party will make or cause to be made all appropriate repairs, renewals or replacements thereof.

  • Operation of Property To continue to operate the Property consistent with past practices.

  • Release of Properties From time to time the Borrower may request, upon not less than 10 days prior written notice to the Administrative Agent (or such shorter period as may be acceptable to the Administrative Agent in its sole discretion), that a Borrowing Base Asset be no longer considered a Borrowing Base Asset, which release (a “Property Release”) shall be effected by the Administrative Agent if the Administrative Agent determines all of the following conditions are satisfied as of the date of such Property Release:

  • Lease of Property For Lease Term Landlord leases the Property to Tenant and Tenant leases the Property from Landlord for the Lease Term. The Lease Term is for the period stated in Section 1.05 above and shall begin and end on the dates specified in Section 1.05 above, unless the beginning or end of the Lease Term is changed under any provision of this Lease. The "Commencement Date" shall be the date specified in Section 1.05 above for the beginning of the Lease Term, unless advanced or delayed under any provision of this Lease.

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