Grant and Term Sample Clauses

Grant and Term. 2.1 In consideration of the payment of the Site Fee, the Owner grants the Principal Occupant a licence to store the Dwelling on the Site subject to the terms of this Agreement. 2.2 This Agreement commences on the Commencement Date and shall continue until the Expiry Date or such earlier date upon which it is terminated in accordance with this Agreement or as specified in the Schedule. 2.3 For the avoidance of doubt, the Owner and the Principal Occupant acknowledge that they each enter into this Agreement based on their common intention that the Site is to be used for storing the Dwelling for the Term and that the use of the Dwelling by the Occupants as permitted by this Agreement shall be for holidaying purposes only and under no circumstances shall any person who has the right to use the Site under this Agreement be or become a resident or a site tenant within the meaning of the Residential Tenancies Act 1997 (Vic).
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Grant and Term. 4 Section 1.1 Leased Premises....................................................................4 Section 1.2 Term...............................................................................5 Section 1.3 Opening............................................................................6 Section 1.4
Grant and Term. 1.1 Landlord, for and in consideration of the rents herein reserved and the covenants and agreements herein contained which are to be performed by Tenant, hereby leases to Tenant, and Tenant hereby leases from Landlord, the real estate and improvements thereon commonly known as 0000 000xx Xxxxxx, Xxxx Xxxxxxx, Xxxx 00000 and more particularly described on Exhibit A attached hereto and made a part hereof, together with all rights, privileges and appurtenances thereto (collectively the "Demised Premises"). 1.2 Subject to the terms and provisions of Section 1.3 hereof, this Lease shall commence on the Commencement Date (as hereinafter defined) and expire on October 31, 2009 (the "Expiration Date"), unless sooner terminated or extended as hereinafter provided. 1.3 Reference is made to that certain Stock Purchase Agreement, dated as of October 23, 2002, by and between the stockholders of Wolf Packaging, Inc. ("Sellers"), as sellers, and Tenant, as buyer (the "Stock Purchase Agreement"). This Lease is contingent upon Tenant acquiring all of the outstanding capital stock of Wolf Packaging, Inc. pursuant to the Stock Purchase Agreement, and the commencement date (the "Commencement Date") shall be the date of the closing of the sale contemplated thereby (the "Closing"). Landlord shall be required to deliver possession of the Demised Premises to Tenant at the Closing. 1.4 So long as Tenant is not in default under the covenants and agreements of this Lease, Tenant's quiet and peaceable enjoyment of the Demised Premises shall not be disturbed or interfered with by Landlord or by any person claiming by, through or under Landlord. 1.5 So long as Tenant is not in default in any material respect under the covenants and agreements of this Lease, Tenant shall have the right to extend this Lease for two (2) additional terms of five (5) years each (respectively, the "First Extended Term" and the "Second Extended Term"), upon the terms and conditions contained herein. Tenant shall give Landlord notice of its intent to extend at least one hundred and twenty (120) days prior to the expiration of the previous term.
Grant and Term. 2.1 On the terms and conditions of this Agreement, including the conditions specified in Schedule ‘A’, we grant you a licence for you, and your employees, invitees, agents, consultants, Financing Entities, and contractors and their subcontractors to occupy the Land only for the purposes of construction, maintenance and use of the Roads, and you acknowledge this licence of occupation does not grant you exclusive use and occupancy of the Land. 2.2 Subject to conditions of the approval and Article 8, this Agreement is effective as of the date of execution and the Term shall commence on the Commencement Date and terminates on the date you notify the Commission in writing that you no longer require the Land for the purpose identified in section 2.1 2.3 Except as permitted by law or as otherwise permitted pursuant to this Agreement, you will not restrict, or permit the restriction of, the use of the Land or any Roads thereon to a defined or limited group of persons, it being the intention of the parties that such services and facilities will be available for use by all members of the public.
Grant and Term. 21 10.2 Restriction on Grants of Licences....................................................................22 10.3
Grant and Term. Section 2.1
Grant and Term. Subject to the provisions of this Agreement: CONFIDENTIAL - DO NOT DISCLOSE (a) Innofone hereby grants to CIBC a royalty-free, non-transferable, personal, non-exclusive right, licence and privilege to use the Trade-marks of Innofone set out in SCHEDULE "D" (the "INNOFONE TRADE-MARKS") solely in connection with CIBC's participation in and promotion of Bizsmart for the Term; (b) CIBC hereby grants to Innofone a royalty-free, non-transferable, personal, non-exclusive right, licence and privilege to use the Trade-marks of Bizsmart set out in SCHEDULE "E" (the "BIZSMART TRADE-MARKS") solely in connection with Innofone's participation in and promotion of Bizsmart for the Term; and (c) CIBC and Innofone may update their respective trade-xxxx Schedule from time to time by delivering a revised Schedule to the other Party in accordance with the provision of SECTION 19.6, and any such updated Schedule shall be treated as the applicable Schedule hereunder.
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Grant and Term. 1.1 Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, the "Premises" (subsequently defined) which Premises are shown as summarized on the site plan attached hereto and made a part hereof as Exhibit A attached hereto, together with the right to the use, in common with others, of the Common Areas (as herein defined). The Premises shall consist of approximately 9,900 square feet, located in the Building B in Phase I of Lakes Corporate Park, a development located in Miami-Dade County, Florida (as described in Exhibit B), as such development may be added to or reduced from time-to-time (the "Development"). The Development may include common parking areas, streets sidewalks, driveways, storm drainage facilities, landscaped areas, and retention ponds (the "Common Areas"). References to the approximate square feet of the Premises as set forth above and otherwise in this Lease, have been computed by measuring from each of the outermost finished surfaces of the exterior walls of the Building enclosing the Premises to the midpoint of any interior demising walls, without deduction or reduction for (i) vestibules, columns, projections or vertical penetrations from the floor necessary to the Building; or (ii) any indentions to the exterior building walls for entrances, doors, windows, decorative features or otherwise; or (iii) those portions of the Building containing mechanical, plumbing or electrical systems serving the Building. 1.2 The Premises shall be constructed substantially in the location depicted on Exhibit A attached hereto. Landlord and Tenant shall construct the improvements in accordance with the provisions of the Workletter attached hereto and made a part hereof and marked Exhibit C (the "Workletter"). Except as expressly set forth in the Workletter, Landlord shall have no construction or similar obligations. 1.3 The term hereof (the "Term") is anticipated to commence on the Commencement Date and shall terminate on the Expiration Date (unless the Term shall be terminated or extended in accordance herewith). If Landlord fails to deliver possession of the Premises to Tenant on or prior to the scheduled Commencement Date, this Lease shall not be void or voidable nor shall Landlord be liable to Tenant for any loss or damage (whether direct, consequential or otherwise), and in such case the Commencement Date shall be the date upon which Landlord delivers the Premises to Tenant substantially in accordance with Landlord's obligations unde...
Grant and Term. 2.1 In consideration of the rents, covenants, agreements and conditions hereinafter provided to be paid, kept, performed and observed, Landlord leases to Tenant and Tenant hereby hires from Landlord the Premises described in Section 1.1(C). 2.2 Tenant shall have and hold the Premises for and during the Lease Term described in Section 1.1(G), subject to the payment of the Rent and to the full and timely performance by Tenant of the covenants and conditions hereinafter set forth. 2.3 Landlord agrees that Tenant may enter the Premises prior to the Commencement Date for the sole purpose of performing any improvements therein or installing furniture, equipment, wiring and cabling, or other personal property of Tenant (the “Early Entry”) provided that such Early Entry shall be subject to all of the terms and conditions contained in this Lease (other than the payment of Base Rent and Tenant’s Proportionate Share of Common Area Expenses), including, without limitation, Tenant’s insurance and indemnity obligations as contained in this Lease and Section 6.1. Prior to any such Early Entry, Tenant shall provide Landlord with certificates of insurance or other evidence acceptable to Landlord evidencing Tenant’s compliance with its insurance obligations. In the event that Tenant’s Early Entry interferes with or otherwise disrupts Landlord’s operations or the operations of other tenants in the Building, Landlord may terminate Tenant’s right to Early Entry. In the event Tenant substantially completes the Initial Alterations in accordance with the Work Letter and obtains a Certificate of Occupancy from the City of Austin, Texas for use and occupancy of the Premises prior to the beginning of the Commencement Date, Tenant shall have the right to move in and occupy the Premises and such occupancy shall be in addition to the Term provided for herein and all the provisions of this Lease shall be in full force and effect upon Tenant’s so taking possession for such occupancy, except that Tenant shall not be required to pay Rent with respect to the period of time prior to the Commencement Date during which Tenant occupies the Premises. Notwithstanding anything herein to the contrary, in such event, the Commencement Date for all purposes under this Lease shall be November 16, 2010.
Grant and Term. 2.1 The Owner grants the Occupants a licence to occupy the Site subject to the terms of this Agreement. 2.2 This Agreement commences on the 1st Day of July 2021 and shall continue until the 30th of June 2022 or such earlier date upon which it is terminated in accordance with this Agreement or as specified in the Schedule. 2.3 For the avoidance of doubt, the Owner and the Principal Occupant acknowledge that they each enter into this Agreement based on their common intention that under no circumstances shall any person who has the right to use the Site under this Agreement be or become a resident or a site tenant within the meaning of the Residential Parks Xxx 0000. The Principal Occupant acknowledges and agrees that a breach of this Clause 2.3 is a breach of the essential terms of this Agreement and the Owner may enforce its rights under this Agreement, which may include termination of this Agreement.
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