Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessees and Lessees accept and lease from Lessor the exclusive right and privilege to use, enjoy, occupy the property described in Exhibit B herein, together with all improvements located thereon, the same being located south of and adjacent to 0000 Xxxxx Xxxxxxxxx Xx., Xxxxxxxxxx, Xxxxx Parish, Louisiana 71107 (the “property”), for the maintenance and upkeep of the property subject to the terms and conditions contained herein. The property shall only be used by Lessees for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property. Lessees shall maintain appropriate records of the use of the property and Lessor reserves the right to audit these records at any time upon advance reasonable notice to Lessees. Lessees recognizes, understands and agrees that it has an affirmative duty to comply with all applicable provisions of state and local law applicable to its use of the property, including the satisfaction of any property taxes related thereto, and further acknowledges, understands and agrees that any use of the property not in accordance with the terms of this Agreement and state and local law may be cause for termination of this Agreement by Lessor. Lessees acknowledge that the property will be used only for the purposes stated above and shall not be used for the operation of any private trade or business or for any political purposes. Xxxxxxx acknowledge, understand and agree that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Xxxxxx and Xxxxxxx. Lessees further acknowledge, understand and agree that Lessor is under no obligation to provide nor shall Lessor provide any repair, maintenance, installation, replacement or modification to any property, device, or equipment located at or on the property as of the effective date of this Lease, it being expressly understood, acknowledged, and agreed by and between Xxxxxx and Xxxxxxx that the responsibility for same shall at all times be performed by or on behalf of Lessees at the Lessees’ expense. Lessor shall at all times retain title to and ownership of the property and all benefits and burdens of ownership of any such property shall remain with Lessor throughout the Initial Term or any Renewal Term of this Lease. Nothwithstanding any provision of this Lease to the contrary, Lessor and Xxxxxxx mutually acknowledge, understand and agree that any/all improvements constructed by, on behalf or for the benefit of Lessees at or on the Property pursuant to the terms of this Lease shall constitute and remain Lessees’ property in accordance with applicable provisions of Louisiana law. Lessees shall furnish, at Lessees’ sole cost and expense, all of the material, labor and equipment necessary for the construction of any improvement(s) constructed, placed or located at or on the property subsequent to the date of this Lease in accordance with the terms of this Lease. Construction of any/all such improvements shall be in a good and workmanlike manner in accordance with the Plans and Specifications previously submitted to and approved in writing by Lessor and in accordance with all applicable statutes and building codes, governmental rules, regulations and orders, and recorded covenants, conditions and restrictions affecting title to the Land ("Legal Requirements").
Appears in 2 contracts
Samples: Endeavor Lease Agreement, Lease Agreement
Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessees Lessee and Lessees Lessee accept and lease leases from Lessor the exclusive right and privilege to use, enjoy, and occupy the property described in Exhibit B A herein, together with all improvements located thereon, the same being located south of and adjacent to at 0000 Xxxxx Xxxxxxxxx Xx.Xxxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx ParishXxxxxx, Louisiana 71107 Xxxxxxxxx 00000 (the “Property” or “property”), for the maintenance and upkeep of the property subject to the terms and conditions contained herein. The property shall only be used by Lessees Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s propertyproperty for public purposes. Lessees Lessee shall maintain appropriate records of the use of the property and Lessor reserves the right to audit these records at any time upon advance reasonable notice to LesseesLessee. Lessees Lessee recognizes, understands and agrees that it has an affirmative duty to comply with all applicable provisions of state and local law applicable to its use of the property, including the satisfaction of any property taxes related thereto, and further acknowledges, understands and agrees that any use of the property not in accordance with the terms of this Agreement Lease and state and local law may be cause for termination of this Agreement Lease by Lessor. Lessees acknowledge Lessee acknowledges that the property will be used only for the purposes stated above herein and shall not be used for the operation of any private trade or business or for any political purposes. Xxxxxxx acknowledgeLessee acknowledges, understand understands and agree agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Xxxxxx Lessor and XxxxxxxLessee. Lessees Lessee further acknowledgeacknowledges, understand understands and agree agrees that Lessor is under no obligation to provide nor shall Lessor provide any repair, maintenance, installation, replacement or modification to any property, device, or equipment located at or on the property as of the effective date of this Lease, it being expressly understood, acknowledged, and agreed by and between Xxxxxx Lessor and Xxxxxxx that the responsibility for same shall at all times be performed by or on behalf of Lessees at the Lessees’ expenseLessee. Lessor shall at all times retain title to and ownership of the property and all benefits and burdens of ownership of any such property shall remain with Lessor throughout the Initial Term or any Renewal Term of this Lease. Nothwithstanding any provision of this Lease to the contrary, Lessor and Xxxxxxx mutually acknowledge, understand and agree that any/all improvements constructed by, on behalf or for the benefit of Lessees at or on the Property pursuant to the terms of this Lease shall constitute and remain Lessees’ property in accordance with applicable provisions of Louisiana law. Lessees Lessee shall furnish, at Lessees’ Lessee’s sole cost and expense, all of the material, labor and equipment necessary for the construction of any improvement(s) constructed, placed Lessee’s use and operation in said space. It is understood that the Lessee shall make no improvements or located at alterations to said space or on the property subsequent to the date of this Lease in accordance with the terms of this Lease. Construction of any/all such improvements shall be in a good and workmanlike manner in accordance with the Plans and Specifications previously submitted to and approved in writing by Lessor and in accordance with all applicable statutes and building codes, governmental rules, regulations and orders, and recorded covenants, conditions and restrictions affecting title to the Land ("Legal Requirements")property.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessees Lessee and Lessees Lessee accept and lease leases from Lessor the exclusive right and privilege to use, enjoy, and occupy the property described in Exhibit B A herein, together with all improvements located thereon, the same being located south of and adjacent to 0000 Xxxxx Xxxxxxxxx Xx.at 000 Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx ParishXxxxxx, Louisiana 71107 Xxxxxxxxx 00000 (the “Property” or “property”), for the maintenance and upkeep of the property subject to the terms and conditions contained herein. The property shall only be used by Lessees Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s propertyproperty for public purposes. Lessees Lessee shall maintain appropriate records of the use of the property and Lessor reserves the right to audit these records at any time upon advance reasonable notice to LesseesXxxxxx. Lessees Lessee recognizes, understands and agrees that it has an affirmative duty to comply with all applicable provisions of state and local law applicable to its use of the property, including the satisfaction of any property taxes related thereto, and further acknowledges, understands and agrees that any use of the property not in accordance with the terms of this Agreement Lease and state and local law may be cause for termination of this Agreement Lease by Lessor. Lessees acknowledge Lessee acknowledges that the property will be used only for the purposes stated above herein and shall not be used for the operation of any private trade or business or for any political purposes. Xxxxxxx acknowledgeXxxxxx acknowledges, understand understands and agree agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Xxxxxx and XxxxxxxXxxxxx. Lessees Lessee further acknowledgeacknowledges, understand understands and agree agrees that Lessor is under no obligation to provide nor shall Lessor provide any repair, maintenance, installation, replacement or modification to any property, device, or equipment located at or on the property as of the effective date of this Lease, it being expressly understood, acknowledged, and agreed by and between Lessor and Xxxxxx and Xxxxxxx that the responsibility for same shall at all times be performed by or on behalf of Lessees Lessee at the Lessees’ Lessee’s expense. Lessor shall at all times retain title to and ownership of the property and all benefits and burdens of ownership of any such property shall remain with Lessor throughout the Initial Term or any Renewal Term of this Lease. Nothwithstanding any provision of this Lease to the contrary, Lessor and Xxxxxxx mutually acknowledge, understand and agree that any/all improvements constructed by, on behalf or for the benefit of Lessees at or on the Property pursuant to the terms of this Lease shall constitute and remain Lessees’ property in accordance with applicable provisions of Louisiana law. Lessees Lessee shall furnish, at Lessees’ Xxxxxx’s sole cost and expense, all of the material, labor and equipment necessary for the construction of any improvement(s) constructed, placed or located at or on the property subsequent to the date of this Lease in accordance with the terms of this Lease. Construction of any/all such improvements shall be in a good and workmanlike manner in accordance with the Plans and Specifications previously submitted to and approved in writing or deemed approved by Lessor in accordance with Section 5(c) hereof, and in accordance with all applicable statutes and building codes, governmental rules, regulations and orders, and recorded covenants, conditions and restrictions affecting title to the Land ("Legal Requirements")property.
Appears in 1 contract
Samples: Lease Agreement
Grant of Use. In consideration of the covenants and agreements made by the respective parties hereto, Lessor City devises and leases to Lessees Tenant and Lessees accept and lease Tenant accepts from Lessor City the exclusive right and privilege to use, enjoy, enjoy and occupy the property located at 000 Xxxxx Xxxx Parkway, Shreveport, Caddo Parish, Louisiana, 71101 commonly referred to as ABarnwell Center@ together with all fixtures, furniture and equipment located thereon as described in Exhibit B hereinAB@, together with all improvements located thereonInventory List, attached hereto and made a part hereof, and the adjoining property commonly referred to as the ABarnwell Center Parking@, the same being located south hereinafter collectively referred to as the ALeased Premises@. The immovable property subject to this Lease Agreement is generally described in Exhibit AA@, Description of Leased Premises, attached hereto and adjacent to 0000 Xxxxx Xxxxxxxxx Xx., Xxxxxxxxxx, Xxxxx Parish, Louisiana 71107 (the “property”), made a part hereof. The Leased Premises shall be used by Tenant for the maintenance operation of a public aquarium and/or activities and upkeep uses related to the promotion or development of the property science education, research initiatives, educational programs, and conservation efforts; and as a venue for special events, activities and private rentals; hereinafter referred to as Apermitted uses@, all of which shall be subject to the terms and conditions contained hereinof this Lease Agreement. The property general activities of Tenant authorized under this Lease Agreement shall only be used carried on subject to admission or activity fees that are competitive with those charged by Lessees for other facilities providing similar activities and uses related to the purpose stated herein in accordance with constitutional and statutory restrictions on the use promotion or development of Lessor’s property. Lessees shall maintain appropriate records of the use of the property and Lessor reserves the right to audit these records at any time upon advance reasonable notice to Lessees. Lessees recognizesscience education, understands and agrees that it has an affirmative duty to comply with all applicable provisions of state and local law applicable to its use of the propertyresearch initiatives, including the satisfaction of any property taxes related theretoeducational programs, and further acknowledgesconservation efforts, understands and agrees but the City approves herein only such admission or activity fees that any use of the property do not in accordance with the terms of this Agreement and state and local law may be cause for termination of this Agreement by Lessorexceed $100.00 per person. Lessees acknowledge that the property will be used only for the purposes stated above and shall not be used for the operation of any private trade or business or for any political purposes. Xxxxxxx The parties acknowledge, understand and agree that this Lease Agreement contemplates a lease by City of the property Leased Premises and City shall provide only those services or perform those obligations specifically provided for in “As Is” condition as of the date this Lease Agreement is executed by Xxxxxx and XxxxxxxAgreement. Lessees further acknowledge, understand and agree that Lessor is under no obligation to provide nor All other services or obligations not specifically provided for herein shall Lessor provide any repair, maintenance, installation, replacement or modification to any property, device, or equipment located at or on the property as of the effective date of this Lease, it being expressly understood, acknowledged, and agreed by and between Xxxxxx and Xxxxxxx that be the responsibility for same shall at all times of or be performed by or on behalf of Lessees at the Lessees’ expense. Lessor shall at all times retain title to and ownership of the property and all benefits and burdens of ownership of any such property shall remain with Lessor throughout the Initial Term or any Renewal Term of this Lease. Nothwithstanding any provision of this Lease to the contrary, Lessor and Xxxxxxx mutually acknowledge, understand and agree that any/all improvements constructed by, on behalf or for the benefit of Lessees at or on the Property pursuant to the terms of this Lease shall constitute and remain Lessees’ property in accordance with applicable provisions of Louisiana law. Lessees shall furnish, at Lessees’ sole cost and expense, all of the material, labor and equipment necessary for the construction of any improvement(s) constructed, placed or located at or on the property subsequent to the date of this Lease in accordance with the terms of this Lease. Construction of any/all such improvements shall be in a good and workmanlike manner in accordance with the Plans and Specifications previously submitted to and approved in writing by Lessor and in accordance with all applicable statutes and building codes, governmental rules, regulations and orders, and recorded covenants, conditions and restrictions affecting title to the Land ("Legal Requirements")Tenant.
Appears in 1 contract
Samples: Lease Agreement
Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessees Lessee and Lessees Lessee accept and lease leases from Lessor the exclusive right and privilege to use, enjoy, and occupy the property described in Exhibit B A herein, together with all improvements located thereon, the same being located south of and adjacent to 0000 Xxxxx Xxxxxxxxx Xx.at 000 Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx ParishXxxxxx, Louisiana 71107 Xxxxxxxxx 00000 (the “Property” or “property”), for the maintenance and upkeep of the property subject to the terms and conditions contained herein. The property shall only be used by Lessees Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s propertyproperty for public purposes. Lessees Lessee shall maintain appropriate records of the use of the property and Lessor reserves the right to audit these records at any time upon advance reasonable notice to LesseesLessee. Lessees Lessee recognizes, understands and agrees that it has an affirmative duty to comply with all applicable provisions of state and local law applicable to its use of the property, including the satisfaction of any property taxes related thereto, and further acknowledges, understands and agrees that any use of the property not in accordance with the terms of this Agreement Lease and state and local law may be cause for termination of this Agreement Lease by Lessor. Lessees acknowledge Lessee acknowledges that the property will be used only for the purposes stated above herein and shall not be used for the operation of any private trade or business or for any political purposes. Xxxxxxx acknowledgeLessee acknowledges, understand understands and agree agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Xxxxxx Lessor and XxxxxxxLessee. Lessees Lessee further acknowledgeacknowledges, understand understands and agree agrees that Lessor is under no obligation to provide nor shall Lessor provide any repair, maintenance, installation, replacement or modification to any property, device, or equipment located at or on the property as of the effective date of this Lease, it being expressly understood, acknowledged, and agreed by and between Xxxxxx Lessor and Xxxxxxx Lessee that the responsibility for same shall at all times be performed by or on behalf of Lessees Lessee at the Lessees’ Lessee’s expense. Lessor shall at all times retain title to and ownership of the property and all benefits and burdens of ownership of any such property shall remain with Lessor throughout the Initial Term or any Renewal Term of this Lease. Nothwithstanding any provision of this Lease to the contrary, Lessor and Xxxxxxx mutually acknowledge, understand and agree that any/all improvements constructed by, on behalf or for the benefit of Lessees at or on the Property pursuant to the terms of this Lease shall constitute and remain Lessees’ property in accordance with applicable provisions of Louisiana law. Lessees Lessee shall furnish, at Lessees’ Lessee’s sole cost and expense, all of the material, labor and equipment necessary for the construction of any improvement(s) constructed, placed or located at or on the property subsequent to the date of this Lease in accordance with the terms of this Lease. Construction of any/all such improvements shall be in a good and workmanlike manner in accordance with the Plans and Specifications previously submitted to and approved in writing or deemed approved by Lessor in accordance with Section 5(c) hereof, and in accordance with all applicable statutes and building codes, governmental rules, regulations and orders, and recorded covenants, conditions and restrictions affecting title to the Land ("Legal Requirements")property.
Appears in 1 contract
Samples: Lease Agreement
Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessees Lessee and Lessees Lessee accept and lease leases from Lessor the exclusive right and privilege to use, enjoy, and occupy the property described in Exhibit B A herein, together with all improvements located thereon, the same being located south of and adjacent to at 0000 Xxxxx Xxxxxxxxx Xx.Xxxxxx, Xxxxxxxxxx, Xxxxx ParishXxxxxx, Louisiana 71107 Xxxxxxxxx 00000 (the “Property” or “property”), for the maintenance and upkeep of the property subject to the terms and conditions contained herein. The property shall only be used by Lessees Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s propertyproperty for public purposes. Lessees Lessee shall maintain appropriate records of the use of the property and Lessor reserves the right to audit these records at any time upon advance reasonable notice to LesseesLessee. Lessees Lessee recognizes, understands and agrees that it has an affirmative duty to comply with all applicable provisions of state and local law applicable to its use of the property, including the satisfaction of any property taxes related thereto, and further acknowledges, understands and agrees that any use of the property not in accordance with the terms of this Agreement Lease and state and local law may be cause for termination of this Agreement Lease by Lessor. Lessees acknowledge Lessee acknowledges that the property will be used only for the purposes stated above herein and shall not be used for the operation of any private trade or business or for any political purposes. Xxxxxxx acknowledgeLessee acknowledges, understand understands and agree agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Xxxxxx Lessor and XxxxxxxLessee. Lessees Lessee further acknowledgeacknowledges, understand understands and agree agrees that Lessor is under no obligation to provide nor shall Lessor provide any repair, maintenance, installation, replacement or modification to any property, device, or equipment located at or on the property as of the effective date of this Lease, it being expressly understood, acknowledged, and agreed by and between Xxxxxx Lessor and Xxxxxxx Lessee that the responsibility for same shall at all times be performed by or on behalf of Lessees Lessee at the Lessees’ Lessee’s expense. Lessor shall at all times retain title to and ownership of the property and all benefits and burdens of ownership of any such property shall remain with Lessor throughout the Initial Term or any Renewal Term of this Lease. Nothwithstanding any provision of this Lease to the contrary, Lessor and Xxxxxxx mutually acknowledge, understand and agree that any/all improvements constructed by, on behalf or for the benefit of Lessees at or on the Property pursuant to the terms of this Lease shall constitute and remain Lessees’ property in accordance with applicable provisions of Louisiana law. Lessees Lessee shall furnish, at Lessees’ Lessee’s sole cost and expense, all of the material, labor and equipment necessary for the construction of any improvement(s) constructed, placed or located at or on the property subsequent to the date of this Lease in accordance with the terms of this Lease. Construction of any/all such improvements shall be in a good and workmanlike manner in accordance with the Plans and Specifications previously submitted to and approved in writing or deemed approved by Lessor in accordance with Section 5(c) hereof, and in accordance with all applicable statutes and building codes, governmental rules, regulations and orders, and recorded covenants, conditions and restrictions affecting title to the Land ("Legal Requirements")property.
Appears in 1 contract
Samples: Lease Agreement
Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessees and Lessees accept and lease from Lessor the exclusive right and privilege to use, enjoy, occupy the property described in Exhibit B herein, together with all improvements located thereon, the same being located south of and adjacent to 0000 Xxxxx Xxxxxxxxx Xx., Xxxxxxxxxx, Xxxxx ParishXxxxxx, Louisiana 71107 Xxxxxxxxx 00000 (the “property”), for the maintenance and upkeep of the property subject to the terms and conditions contained herein. The property shall only be used by Lessees for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property. Lessees shall maintain appropriate records of the use of the property and Lessor reserves the right to audit these records at any time upon advance reasonable notice to Lessees. Lessees recognizes, understands and agrees that it has an affirmative duty to comply with all applicable provisions of state and local law applicable to its use of the property, including the satisfaction of any property taxes related thereto, and further acknowledges, understands and agrees that any use of the property not in accordance with the terms of this Agreement and state and local law may be cause for termination of this Agreement by Lessor. Lessees acknowledge that the property will be used only for the purposes stated above and shall not be used for the operation of any private trade or business or for any political purposes. Xxxxxxx Lessees acknowledge, understand and agree that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Xxxxxx Lessor and XxxxxxxLessees. Lessees further acknowledge, understand and agree that Lessor is under no obligation to provide nor shall Lessor provide any repair, maintenance, installation, replacement or modification to any property, device, or equipment located at or on the property as of the effective date of this Lease, it being expressly understood, acknowledged, and agreed by and between Xxxxxx Lessor and Xxxxxxx Lessees that the responsibility for same shall at all times be performed by or on behalf of Lessees at the Lessees’ expense. Lessor shall at all times retain title to and ownership of the property and all benefits and burdens of ownership of any such property shall remain with Lessor throughout the Initial Term or any Renewal Term of this Lease. Nothwithstanding any provision of this Lease to the contrary, Lessor and Xxxxxxx Lessees mutually acknowledge, understand and agree that any/all improvements constructed by, on behalf or for the benefit of Lessees at or on the Property pursuant to the terms of this Lease shall constitute and remain Lessees’ property in accordance with applicable provisions of Louisiana law. Lessees shall furnish, at Lessees’ sole cost and expense, all of the material, labor and equipment necessary for the construction of any improvement(s) constructed, placed or located at or on the property subsequent to the date of this Lease in accordance with the terms of this Lease. Construction of any/all such improvements shall be in a good and workmanlike manner in accordance with the Plans and Specifications previously submitted to and approved in writing by Lessor and in accordance with all applicable statutes and building codes, governmental rules, regulations and orders, and recorded covenants, conditions and restrictions affecting title to the Land ("Legal Requirements").
Appears in 1 contract
Samples: Lease Agreement