Common use of Granting of Leasehold Estate Clause in Contracts

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 Developer City hereby exclusively rents, leases and lets the Project to the CityCompany, and the City Company hereby rents, leases and hires the Project from the DeveloperCity, 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 Developer City hereby rents, leases and lets the Project to the CityCompany, and the City Company hereby rents, leases and hires the Project from the DeveloperCity, subject to Permitted Encumbrances existing as of the date of the execution and delivery hereofEncumbrances, for the rentals and upon and subject to the terms and conditions herein contained.

Granting of Leasehold Estate. The Developer City hereby exclusively rents, leases and lets the Project to the CityDeveloper, and the City hereby Developer rents, leases and hires the Project from the DeveloperCity, subject to Permitted Encumbrances existing as of the date of the execution and delivery hereofof the Lease, for the rentals and upon and subject to the terms and conditions herein containedcontained in the Lease. The City and Developer agree and acknowledge that title to the Project is subject to the lien granted to the Lender by Developer prior to its conveyance of the Project Site to the City in connection with the Project.

Granting of Leasehold Estate. The Developer City hereby exclusively rents, leases and lets the Project to the CityCompany, and the City Company hereby rents, leases and hires the Project from the DeveloperCity, 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. The Company grants the City an easement of, on and over the Project Site for the purpose of completing the Project and to own the Project located on the Project Site for the term of this Lease, subject to the terms of this Lease.

Granting of Leasehold Estate. The Developer City hereby rents, leases and lets the Project to the CityCorporation, and the City Corporation hereby rents, leases and hires the Project from the DeveloperCity, subject to Permitted Encumbrances existing as of the date of the execution and delivery hereofEncumbrances, for the rentals and upon and subject to the terms and conditions herein contained.

Granting of Leasehold Estate. The Developer City hereby rents, leases and lets the Project Equipment to the CityCompany, and the City Company hereby rents, leases and hires the Project Equipment from the DeveloperCity, 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 Developer City hereby rents, leases and lets the Project to the CityCompany, subject to Permitted Encumbrances, and the City Company hereby rents, leases and hires the Project from the DeveloperCity, subject to Permitted Encumbrances existing as of the date of the execution and delivery hereofEncumbrances, for the rentals and upon and subject to the terms and conditions herein contained.