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:
Demising Clauses. For and during the Lease Term, the Council hereby demises and leases to the Company, subject to Permitted Encumbrances, and the Company hereby rents from the Council, subject to Permitted Encumbrances, the following described properties and related rights: The parcel of land specifically described in Exhibit A attached hereto and made a part hereof. The Project Building and all other buildings, structures and other improvements 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 Council and installed on the Project Site or in the Project 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 Council and were specifically described herein. All items (whether or not fixtures) of furniture, furnishings, fixtures, machinery, equipment and other personal property that at any time, under the provisions of the Lease, constitute the Project Equipment, including, without limitation, the items (whether or not fixtures) of furniture, furnishings, fixtures, machinery, equipment and other personal property generally described in Exhibit B attached hereto and made a part hereof, excluding, however, any such personal property that, under the provisions of the Lease, is, or is to become (prior to the termination of the Lease), the sole property of the Company or third parties.
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:
Demising Clauses. ARTICLE 4 The Project
Demising Clauses. 13 ARTICLE IV
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. 9 Section 3.1 Demising Clauses.......................................... 9 ARTICLE IV CONCERNING THE PROJECT WORK; ISSUANCE OF THE BONDS............... 10 Section 4.1 Performance of the Project Work........................... 10 Section 4.2 Agreement to Issue Bonds and Security Therefor............ 11 Section 4.3. Disbursement of Moneys from Construction Fund............. 11
Demising Clauses. Section 3.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Demising Clauses. SECTION 3.1 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. The Issuer, for and in consideration of the rents, covenants and agreements hereinafter reserved, mentioned and contained on the part of the Partnership to be paid, kept and performed, does hereby assign, demise and lease to the Partnership, and the Partnership does hereby accept, lease, take and hire from the Issuer, the following property:
