Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessee and Lessee accept and leases from Lessor the privilege to use, enjoy, and occupy the property described in Exhibit A herein, being located at 0000 Xxxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx Xxxxxx, Xxxxxxxxx 00000 (the “Property” or “property”), subject to the terms and conditions contained herein. The property shall only be used by Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property for public purposes. 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 Lessee. 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 Lease and state and local law may be cause for termination of this Lease by Lessor. Lessee acknowledges that the property will be used only for the purposes stated herein and shall not be used for any political purposes. Lessee acknowledges, understands and agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Lessor and Lessee. Lessee further acknowledges, understands and 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 Lessee. 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. Lessee shall furnish, at Lessee’s sole cost and expense, all of the material, labor and equipment necessary for the Lessee’s use and operation in said space. It is understood that the Lessee shall make no improvements or alterations to said space or 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 Lessee Lessees and Lessee Lessees accept and leases lease from Lessor the exclusive right and privilege to use, enjoy, and occupy the property described in Exhibit A B herein, together with all improvements located thereon, the same being located at south of and adjacent to 0000 Xxxxxxx XxxxxxXxxxx Xxxxxxxxx Xx., Xxxxxxxxxx, Xxxxx XxxxxxParish, Xxxxxxxxx 00000 Louisiana 71107 (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 Lessee Lessees for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property for public purposesproperty. Lessee 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 LesseeLessees. Lessee 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 Lease Agreement and state and local law may be cause for termination of this Lease Agreement by Lessor. Lessee acknowledges Lessees acknowledge that the property will be used only for the purposes stated herein above and shall not be used for the operation of any private trade or business or for any political purposes. Lessee acknowledgesXxxxxxx acknowledge, understands understand and agrees agree that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Lessor Xxxxxx and LesseeXxxxxxx. Lessee Lessees further acknowledgesacknowledge, understands understand and agrees 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 Lessor Xxxxxx and LesseeXxxxxxx 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. Lessee 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 Lessee’s Lessees’ sole cost and expense, all of the material, labor and equipment necessary for the Lessee’s use 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 operation workmanlike manner in said space. It is understood that accordance with the Lessee shall make no improvements or alterations Plans and Specifications previously submitted to said space or propertyand 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 respective parties hereto, Lessor City devises and leases to Lessee Tenant and Lessee accept Tenant accepts from City the exclusive right and leases from Lessor the 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 A hereinAB@, being located at 0000 Xxxxxxx XxxxxxInventory List, Xxxxxxxxxxattached hereto and made a part hereof, Xxxxx Xxxxxxand the adjoining property commonly referred to as the ABarnwell Center Parking@, Xxxxxxxxx 00000 (the “Property” same 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 made a part hereof. The Leased Premises shall be used by Tenant for the operation of a public aquarium and/or activities and uses related to the promotion or “property”)development of 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 herein. The property shall only be used by Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property for public purposes. 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 Lessee. 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 Lease and state and local law may be cause for termination Agreement. The general activities of Tenant authorized under this Lease Agreement shall be carried on subject to admission or activity fees that are competitive with those charged by Lessorother facilities providing similar activities and uses related to the promotion or development of science education, research initiatives, educational programs, and conservation efforts, but the City approves herein only such admission or activity fees that do not exceed $100.00 per person. Lessee acknowledges that the property will be used only for the purposes stated herein The parties acknowledge, understand and shall not be used for any political purposes. Lessee acknowledges, understands and agrees 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 Agreement. All other services or obligations not specifically provided for herein shall be the responsibility of or be performed by Lessor and Lessee. Lessee further acknowledges, understands and 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 Lessee. 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. Lessee shall furnish, at Lessee’s sole cost and expense, all of the material, labor and equipment necessary for the Lessee’s use and operation in said space. It is understood that the Lessee shall make no improvements or alterations to said space or propertyTenant.
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 Lessee Lessees and Lessee Lessees accept and leases lease from Lessor the exclusive right and privilege to use, enjoy, and occupy the property described in Exhibit A B herein, together with all improvements located thereon, the same being located at south of and adjacent to 0000 Xxxxxxx XxxxxxXxxxx Xxxxxxxxx Xx., Xxxxxxxxxx, Xxxxx Xxxxxx, 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 Lessee Lessees for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property for public purposesproperty. Lessee 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 LesseeLessees. Lessee 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 Lease Agreement and state and local law may be cause for termination of this Lease Agreement by Lessor. Lessee acknowledges Lessees acknowledge that the property will be used only for the purposes stated herein above and shall not be used for the operation of any private trade or business or for any political purposes. Lessee acknowledgesLessees acknowledge, understands understand and agrees agree that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Lessor and LesseeLessees. Lessee Lessees further acknowledgesacknowledge, understands understand and agrees 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 Lessor and LesseeLessees 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. Lessee Nothwithstanding any provision of this Lease to the contrary, Lessor and 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 Lessee’s Lessees’ sole cost and expense, all of the material, labor and equipment necessary for the Lessee’s use 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 operation workmanlike manner in said space. It is understood that accordance with the Lessee shall make no improvements or alterations Plans and Specifications previously submitted to said space or propertyand 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
Grant of Use. In consideration of the covenants and agreements made by the parties hereto, Lessor leases to Lessee and Lessee accept and leases from Lessor the privilege to use, enjoy, and occupy the property described in Exhibit A herein, together with all improvements located thereon, the same being located at 0000 Xxxxxxx Xxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx Xxxxxx, 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 Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property for public purposes. 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 Lessee. 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 Lease and state and local law may be cause for termination of this Lease by Lessor. Lessee acknowledges that the property will be used only for the purposes stated herein and shall not be used for any political purposes. Lessee acknowledges, understands and agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Lessor and Lessee. Lessee further acknowledges, understands and 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 Lessee that the responsibility for same shall at all times be performed by or on behalf of Lessee at the 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. Lessee shall furnish, at Lessee’s sole cost and expense, all of the material, labor and equipment necessary for the Lessee’s use 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 operation workmanlike manner in said space. It is understood that accordance with the Lessee shall make no improvements Plans and Specifications previously submitted to and approved or alterations 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 said space or the 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 Lessee and Lessee accept and leases from Lessor the privilege to use, enjoy, and occupy the property described in Exhibit A herein, together with all improvements located thereon, the same being located at 0000 Xxxxxxx 000 Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx Xxxxxx, 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 Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property for public purposes. 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 Lessee. 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 Lease and state and local law may be cause for termination of this Lease by Lessor. Lessee acknowledges that the property will be used only for the purposes stated herein and shall not be used for any political purposes. Lessee acknowledges, understands and agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Lessor and Lessee. Lessee further acknowledges, understands and 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 Lessee that the responsibility for same shall at all times be performed by or on behalf of Lessee at the 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. Lessee shall furnish, at Lessee’s sole cost and expense, all of the material, labor and equipment necessary for the Lessee’s use 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 operation workmanlike manner in said space. It is understood that accordance with the Lessee shall make no improvements Plans and Specifications previously submitted to and approved or alterations 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 said space or the 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 Lessee and Lessee accept and leases from Lessor the privilege to use, enjoy, and occupy the property described in Exhibit A herein, together with all improvements located thereon, the same being located at 0000 Xxxxxxx 000 Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxx Xxxxxx, 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 Lessee for the purpose stated herein in accordance with constitutional and statutory restrictions on the use of Lessor’s property for public purposes. 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 LesseeXxxxxx. 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 Lease and state and local law may be cause for termination of this Lease by Lessor. Lessee acknowledges that the property will be used only for the purposes stated herein and shall not be used for any political purposes. Lessee Xxxxxx acknowledges, understands and agrees that this Lease contemplates a lease of the property in “As Is” condition as of the date this Lease Agreement is executed by Lessor Xxxxxx and LesseeXxxxxx. Lessee further acknowledges, understands and 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 that the responsibility for same shall at all times be performed by or on behalf of Lessee at the 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. Lessee shall furnish, at LesseeXxxxxx’s sole cost and expense, all of the material, labor and equipment necessary for the Lessee’s use 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 operation workmanlike manner in said space. It is understood that accordance with the Lessee shall make no improvements Plans and Specifications previously submitted to and approved or alterations 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 said space or the property.
Appears in 1 contract
Samples: Lease Agreement