Landlord’s Agreement to Lease. Upon the terms and conditions hereinafter set forth, and in consideration of the payment of the rents and subject to the prompt performance by the Tenant of the covenants and agreements to be kept and performed by the Tenant under this Ground Lease, the Landlord does lease to the Tenant and the Tenant hereby leases from the Landlord, the Site and Landlord’s Improvements.
Landlord’s Agreement to Lease. Upon the terms and conditions hereinafter set forth, and in consideration of the payment of the rents and subject to the prompt performance by the Tenant of the covenants and agreements to be kept and performed by the Tenant under this Ground Lease, the Landlord does lease to the Tenant and the Tenant hereby leases from the Landlord, the Project Site and Landlord’s Improvements subject to that certain Contract of Lease, by and between X.X. Xxxxx, Xx., as trustee of the Xxxxx Xxxxxx and Xxxxxx Xxxxx Trust for Xxxxxx X. Xxxxx, the Xxxxx Xxxxxx and Xxxxxx Xxxxx Trust for Xxxxx Xxxxx Xxxxxxx, and the Xxxxx Xxxxxx and Xxxxxx Xxxxx Trust for Xxxx Xxxxx Xxxxx and Xxxxxx X. Xxxxxxxx, Xxxxx X. Xxxxxx, Xxxx X. Xxxxx Xxxxxxxx and Xxxxxx X. Xxxxx, as lessor, and American Tower, L.P. (successor in interest to Allied Tower Rentals, Inc.), as lessee, dated March 31, 1972, filed April 4, 1972, recorded under Clerk’s File No. 128954, in Conveyance Book 290, Page 330, and filed December 29, 1987, recorded under Xxxxx’s File No. 207239, in Conveyance Book 659, Page 168, as affected by that certain Assignment filed December 29, 1987, recorded under Xxxxx’s File No. 207243, in Conveyance Book 659, Page 192; as affected by that Lease Extension filed July 9, 1992, recorded under Clerk’s File No. 227748, in Conveyance Book 752, Page 332, as affected by that certain Extended Lease Agreement filed February 26, 1993, recorded under Xxxxx’s File No. 230176, in Conveyance Book 764, Page 750, as affected by that certain Addendum to Land Lease Agreement At Cameron #1 filed October 13, 1998, recorded under Clerk’s File No. 257320, in Conveyance Book 886, Page 323, as affected by that certain First Amendment to Lease dated February 23, 2006 as evidenced by that certain Memorandum of Lease filed May 16, 2006, recorded under Xxxxx’s File No. 297896, of the records of Cameron Parish, Louisiana, for so long as such Tower Lease remains in full force and effect.
Landlord’s Agreement to Lease. Upon the terms and conditions hereinafter set forth, and in consideration of the payment of the rents and subject to the prompt performance by the Tenant of the covenants and agreements to be kept and performed by the Tenant under this Ground Lease, the Landlord does lease to the Tenant and the Tenant hereby leases from the Landlord, the one hundred twelve (112) acre Site and Landlord’s Improvements; provided that, solely for the purposes of calculating the compensation payable by the Tenant to the Landlord set forth in Section 4.1, the Site is deemed to comprise exactly one hundred twenty (120) acres (the “Stipulated Acreage”).
