Lease Conditions. If the Real Estate Transaction is for the lease of the Property, the following conditions shall apply:
Lease Conditions. This Lease and Landlord’s and Tenant’s rights and obligations hereunder are expressly subject to and conditioned on (collectively, the “Lease Conditions”) the parties’ consummation of the Separation and Distribution Agreement and the Real Estate Matters Agreement, which the parties anticipate will occur on August 1, 2014. Subject to and conditioned on the satisfaction of the Lease Conditions, Tenant hereby leases from Landlord, and Landlord hereby leases to Tenant, the Premises upon the terms and conditions set forth herein. In connection with its use of the Premises, Tenant shall also have the non-exclusive right to use, subject to Landlord’s reasonable rules and regulations, the hallways, stairways, restrooms, kitchens, break rooms, loading dock and other areas of the Project that may be reasonably necessary for Tenant’s use of the Premises (the “Shared Areas”), as shown on Exhibit A hereto.
Lease Conditions tenant and Lender agree that this Agreement satisfies any and all conditions or requirements in the Lease relating to the subordination of the Lease to the Mortgage and the granting of a nondisturbance agreement to Tenant by Lender. Any noncompliance with such conditions is hereby waived. Tenant and Lender further agree that in the event that there is any inconsistency between the terms and provisions hereof and the terms and provisions of the Lease dealing with the nondisturbance by Lender, the terms and provisions hereof shall be controlling.
Lease Conditions. To the actual knowledge of Seller, with respect to each of the Leases in respect of the Pxxxxx Ranch (being the Leases designated as 900-002 and 900-003 in Exhibit ”A” to this Agreement), (a) Seller has at all material times during the period that Seller has been a lessee under those Leases complied in all material respects with, and is presently in compliance in all material respects with, all continuous drilling obligations set forth in Section 11 of Exhibit A of such Leases and (b) Seller has not received any written notice from any lessor under either such Lease that such Lease is subject to termination for breach of such continuous drilling obligations.
Lease Conditions. (a) Subject to the following terms and conditions, Lessor leases to Lessee the following aircraft Hangar: (hereinafter “Hangar” or “Leased Property). The Hangar is described in detail within Exhibit A attached here.
(b) Lessee expressly waives any and all claims against Lessor relative to the nature, condition, or suitability of the Hangar.
(c) Lessee expressly agrees to store only the aircraft described within Exhibit B (hereinafter “Aircraft”).
(d) Lessee shall notify Lessor in writing within fifteen (15) days if the aircraft is sold or is no longer in Lessee’s possession.
(e) The Lessee shall replace an aircraft that is sold or no longer in Lessee's possession within one hundred and twenty (120) days of it leaving their possession. Lessor may grant an extension to the time to replace at its sole discretion.
(f) If the aircraft is inoperable for a period in excess of sixty (60) days, Lessee must notify Lessor. The Lessee has one hundred and twenty (120) days in which to repair or replace said aircraft from the date that the aircraft becomes inoperable. Lessor may grant an extension to the time to repair or replace at its sole discretion.
(g) If Lessee is unable or does not wish to replace the aircraft, it may elect to terminate the Lease early in accordance with Section 15 of this agreement.
(h) If an aircraft is not owned at the time the Hangar Lease is consummated, Lessee has one hundred and twenty (120) days to obtain an aircraft.
Lease Conditions. (a) Subject to the following terms and conditions, Lessor leases to Lessee the following parcel of land: within Exhibit A attached here. This parcel is described in detail
(b) Lessee expressly waives any and all claims against Lessor relative to the nature, condition, or suitability of the Land.
(c) Lessee shall construct a Hangar for the storage of aircraft and related equipment on the Leased Proeprty.
(d) Construction of said Hangar shall begin within 120 days after the execution of this lease.
(e) Construction of said Hangar shall be completed within 180 days after the start of construction
(f) All construction shall be completed in accordance with all applicable federal, state, and local statutes, regulations, ordinances, and Airport rules.
Lease Conditions. As the lessee using the above facilities on the specified dates and times, we agree to the following:
Lease Conditions. If the Real Estate Transaction is for the lease of the Property, the following conditions shall apply: Late Rent. If the Lessee fails to pay the Base Rent for more than 15 days after it is due, a late fee of Fifteen Dollars ($15) may be charged each day until the overdue amount is paid. Security Deposit. A security deposit in the amount of Two Thousand Dollars ($2,000) shall be due prior to or upon the signing of a lease.
Lease Conditions. Lessee shall notify the Lessor in writing or by email of any condition upon the premises requiring repair or adjustment, and the Lessor shall have a reasonable time to accomplish said repair or adjustment.
Lease Conditions. Lessee shall store their recreation vehicle(s) at their own risk. Xxxxxxx County assumes no responsibility for any loss or injury to the good stored. Xxxxxxx County is not responsible for damage caused by weather conditions, acts of God, fire, vandalism or theft. It is recommended owners have their insurance to cover the above conditions.
