Demising Clauses Sample Clauses

Demising Clauses. The Issuer, for and in consideration of the rents, covenants and agreements hereinafter reserved, mentioned and contained on the part of the User to be paid, kept and performed, does hereby demise and lease to the User, and the User does hereby lease, take and hire from the Issuer, the following property: I. The real property described on Exhibit A hereto and all other real property, or interests therein, acquired by the Issuer with proceeds of the Bonds or with funds advanced or paid pursuant to this Lease Agreement (the "Project Site"), together with all easements, permits, licenses, rights-of-way, contracts, leases, tenements, hereditaments, appurtenances, rights, privileges and immunities pertaining or applicable to said real property. II. All buildings, structures and other improvements now or hereafter constructed or situated on the Project Site, including without limitation all buildings, structures and other improvements constructed on the Project Site with proceeds of the Bonds or with funds advanced or paid by the User pursuant to this Lease Agreement (the "Improvements"). III. The machinery, equipment, personal property and fixtures described on Exhibit B attached hereto and all other machinery, equipment, personal property and fixtures acquired with the proceeds of the Bonds or with funds advanced or paid by the User pursuant to this Lease Agreement, together with all personal property and fixtures acquired in substitution therefor or as a renewal or replacement thereof (the "Equipment"). SUBJECT, HOWEVER, to Permitted Encumbrances.

Demising Clauses. For and during the Term hereof, the Board hereby demises and leases to the Lessee, subject to Permitted Encumbrances, and the Lessee hereby rents from the Board, subject to Permitted Encumbrances, the following described properties and related rights: The real property identified on Exhibit "A", which is attached hereto and made a part hereof as though fully set out herein. Also, any and all other buildings, structures and other improvements constituting real property now or hereafter situated on the Project Site, all permits, easements, licenses, rights of way, contracts, leases, privileges, immunities and hereditaments pertaining or applicable to the Project Site and all fixtures now or hereafter owned by the Board and installed on the Project Site or in the Building or in any of such other buildings, structures and improvements now or hereafter located on the Project Site, it being the intention hereof that all property, rights and privileges hereafter acquired for use as a part of or in connection with or as an improvement to the Project Site shall be as fully covered hereby as if such property, rights and privileges were now owned by the Board and were specifically described herein.

Demising Clauses. The Issuer, for and in consideration of the rents, covenants and agreements hereinafter reserved, mentioned and contained on the part of the Corporation to be paid, kept and performed, does hereby assign, demise and lease to the Corporation, and the Corporation does hereby accept, lease, take and hire from the Issuer, the following property: I. The following described real property located in Xxxxxx County, Alabama, within the corporate limits of the Municipality (the "Project Site"), together with all easements, permits, licenses, rights-of-way, contracts, leases, tenements, hereditaments, appurtenances, rights, privileges and immunities pertaining or applicable to said real property: A parcel of land lying and being situated in the SW 1/4-SE 1/4 of Section 26, Township 9 south, Range 11 xxxx, Xxxxxx County, Alabama and being more particularly described as follows: Commence at a 1" square steel tube marking the Northeast corner of SW 1/4-SE 1/4 and run thence S-00E 47' 50"-E along the east line of SW 1/4-SE 1/4 a distance of 425.50 feet to a 1/2" capped iron pin in a county road and being the point of beginning; thence continue S-00E 47' 50"-E along the east line of SW 1/4-SE 1/4 a distance of 553.25 feet to a 1" square steel tube on the north right of way of railroad; run thence N-75E 30' 27"-W along said right of way a distance of 712.85 feet to a 1/2" capped iron pin; run thence N-05E 47' 42"-E a distance of 338.69 feet to a 1/2" capped iron pin in the center of a road, being a point on a curve concave to the left and having a central angle of 17E 37' 40" left, a radius of 1273.26 feet and a arc of 391.73 feet; run thence S-89E 12' 56"-E along said curve a distance of 377.51 feet chord and a arc of 378.90 feet to a 1/2" capped iron pin marking the P.T. thereof, and being the P.C. of a curve concave to the left and having a central angle of 6E 10' 02" left, a radius of 1961.03 feet and a arc of 211.08 feet; run thence N-79E 10' 32"-E along said curve a distance of 210.98 feet chord and a arc of 211.08 feet to a 1/2" capped iron pin marking the P.T. thereof; run thence N-86E 57' 30"-E a distance of 63.67 feet to the point of beginning. Containing 6.59 acres, more or less. II. All buildings, structures, improvements and fixtures now or hereafter constructed, situated or located on the Project Site, as the same may at any time exist (the "Improvements"). III. The machinery, equipment, personal property and fixtures described on Exhibit A attached hereto an...

Demising Clauses. Lessor hereby demises and leases to Lessee, and Lessee hereby rents from Lessor, for and during the Lease Term, the following described properties and related rights:

Demising Clauses. For and during the Lease Term, the Issuer hereby demises and leases to the Lessee, and the Lessee hereby rents from the Issuer, the Project Site, the Rights of Way and all of the Facilities, and all fixtures and component parts now or hereafter owned by the Issuer and installed in the Facilities or in any of such other buildings, structures and improvements now or hereafter located on the Project Site or within the Rights of Way, it being the intention hereof that all property, rights and privileges hereafter acquired for use as a part of or in connection with or as an improvement or component part to the Project Site, the Rights of Way or the Facilities shall be as fully covered hereby as if such property, rights and privileges were now owned by the Issuer and were specifically described herein.

Demising Clauses. 13 ARTICLE IV

Demising Clauses. The Project

Demising Clauses. The Board hereby demises and leases to the Company, subject to Permitted Encumbrances, and the Company hereby rents from the Board, subject to Permitted Encumbrances, for and during the Lease Term, the following described properties and related rights: The real property situated in Marengo County, Alabama, that is specifically described in Exhibit A attached hereto and made a part hereof; The Plant and any other improvements constituting real property now or hereafter situated on the Project Site, all permits, easements, licenses, rights-of-way, contracts, leases, privileges, immunities and hereditaments pertaining or applicable to the Project Site and all fixtures now or hereafter owned by the Board and installed on the Project Site or in any other improvements now or hereafter located on the Project Site, it being the intention hereof that all property, rights and privileges hereafter acquired for use as a part of or in connection with or as an improvement to the Project Site shall be as fully covered hereby as if such property, rights and privileges were now owned by the Board and were specifically described herein; and All items (whether or not fixtures) of machinery, equipment and other personal property that at any time, under the provisions of this Lease Agreement, constitute the Equipment, including, without limitation, the items (whether or not fixtures) of machinery, equipment and other personal property generally described in Exhibit B attached hereto and made a part hereof, excluding, however, any equipment or other personal property that, under the provisions of this Lease Agreement, is, or is to become (prior to the termination of this Lease Agreement), the sole property of the Company or third parties.

Demising Clauses. 9 Section 3.1 Demising Clauses.......................................... 9 ARTICLE IV CONCERNING THE PROJECT WORK; ISSUANCE OF THE BONDS.............

Demising Clauses. Landlord hereby leases to Tenant, and Tenant hires from Landlord the Premises, consisting of the approximate square footage listed in the Salient Lease Terms, which the parties agree shall be deemed the actual square footage, subject to change by Landlord in connection with changes in the Rentable Area of the floor on which the Premises are located or as otherwise permitted pursuant to this Lease.