Granting of Leasehold Estate. The Developer hereby rents, leases and lets the Project to the City, and the City hereby rents, leases and hires the Project from the Developer, subject to Permitted Encumbrances existing as of the date of the execution and delivery hereof, for the rentals and upon and subject to the terms and conditions herein contained.
Granting of Leasehold Estate. The City hereby exclusively rents, leases and lets the Project to the Developer, and the Developer hereby rents, leases and hires the Project from the City, subject to the Base Lease and other Permitted Encumbrances existing as of the date of the execution and delivery hereof, for the rentals and upon and subject to the terms and conditions herein contained. The City and the Developer agree and acknowledge that title to the Project is subject to the lien granted to the Lender by the Developer and no further notice of the Fee Deed of Trust is required for the Lender to have all Lender rights and protections provided herein and in the Indenture.
Granting of Leasehold Estate. The Issuer hereby rents, leases and lets the Project to the Company, subject to Permitted Encumbrances, and the Company hereby rents, leases and hires the Project from the Issuer, subject to Permitted Encumbrances, for the rentals and upon and subject to the terms and conditions herein contained.
Granting of Leasehold Estate. The City hereby exclusively rents, leases and lets the Project to the Company, and the Company rents, leases and hires the Project from the City, subject to Permitted Encumbrances existing as of the date of the execution and delivery of the Lease, for the rentals and upon and subject to the terms and conditions contained in the Lease. The City and Company agree and acknowledge that title to the Project is subject to the lien granted to the Lender by Company prior to its conveyance of the Project Site to the City in connection with the Project.
Granting of Leasehold Estate. Concurrently with the issuance of the Bonds, the Company has leased the Project to the Issuer pursuant to the Base Lease. The Issuer hereby rents, subleases, and lets the Project to the Company, and the Company hereby rents, subleases, and hires the Project from the Issuer, for the rentals and upon and subject to the terms and conditions herein contained. The Project consists of the real and personal property described in Schedule 1 of this Lease Agreement.
Granting of Leasehold Estate. Pursuant to the Base Lease, as amended, the Unified Government has leased the Project from the Sublessee. The Unified Government hereby rents, leases and lets the Series 2021A Project to the Sublessee, subject to Permitted Encumbrances, and the Sublessee hereby rents, leases and hires the Series 2021A Project from the Unified Government, subject to Permitted Encumbrances, for the rentals and upon and subject to the terms and conditions herein contained.
Granting of Leasehold Estate. The Issuer hereby rents, leases and lets the Additional Improvements to the Tenant, and the Tenant hereby rents, leases and hires the Additional Improvements from the Issuer for the rentals and upon and subject to the terms and conditions contained herein and in the Original Lease.
Granting of Leasehold Estate. The WCIC hereby exclusively rents, subleases and sublets the Project to the Company, and the Company hereby rents, subleases and hires the Project from the WCIC, subject to Permitted Encumbrances existing as of the date of the execution and delivery of the Sublease, for the rentals and upon and subject to the terms and conditions therein contained.
Granting of Leasehold Estate. Concurrently with the issuance of the Bonds, FHLBank has leased the Project to the Issuer pursuant to the Base Lease. The Issuer hereby rents, subleases, and lets the Project to FHLBank, and FHLBank hereby rents, subleases, and hires the Project from the Issuer, for the rentals and upon and subject to the terms and conditions herein contained. The Project consists of the real and personal property described in Schedule 1 of this Lease Agreement.
Granting of Leasehold Estate. Concurrently with the issuance of the Bonds, the Corporation has leased the Project to the Issuer pursuant to the Base Lease. The Issuer hereby rents, subleases, and lets the Project to the Corporation, and the Corporation hereby rents, subleases, and hires the Project from the Issuer, for the rentals and upon and subject to the terms and conditions herein contained. The Project consists of the real and personal property described in Schedule 1 of this Lease Agreement. This Lease Agreement is subordinate to (i) any and all mortgages, security agreements, assignments of leases and rents, and other security instruments of any kind covering the Project, or Corporation’s interest therein, and (ii) any prior leases or leasehold interests held by any third-party in connection with the Project.
