Lease of Premises Term. (a) The Authority hereby leases to StadiumCo, and StadiumCo hereby leases from the Authority for the entire Term, the Premises for the purpose of operating the Stadium to be constructed by the Authority. The Parties acknowledge and agree that the Premises are to be a venue for MLS Games, other Stadium Events and a broad range of other civic, community, athletic, sports, educational, cultural, and commercial activities; however, the Parties agree that the Team is a primary user of the Stadium. It is expressly agreed that StadiumCo shall be permitted to use the Premises for carrying out MLS Games and any and all other events or activities of any kind to the extent such are not prohibited by Applicable Law. Accordingly, StadiumCo shall have the exclusive right (subject to the rights of the Authority, the Metropolitan Government and the Fair Board described in Section 10) to possess, use and operate the Premises for any purpose not prohibited by Applicable Law, to retain all revenues therefrom while this Lease is in effect and to hold any Stadium Event, which shall include any activities or events of any nature not prohibited by Applicable Law, including professional, collegiate or other amateur sporting events, concerts, other musical performances, theatrical presentations, religious gatherings, corporate events, business conferences, convention meetings, banquets and other functions, community festivals, cultural, athletic, educational, commercial and entertainment events, and any other event or activity, whether similar or dissimilar to the foregoing, parking and other uses that may be ancillary or related to the operation and use of the Premises so long as such events are not prohibited by Applicable Law and do not constitute a default under this Lease. Notwithstanding anything to the contrary set out in this Lease, StadiumCo hereby agrees not to use or permit the use of the Premises for any of the uses described on Exhibit D attached hereto without the prior Approval of the Authority (collectively, the “Prohibited Uses”).
Lease of Premises Term. Section 1.1 Landlord, in consideration of the rents, covenants, agreements, and conditions herein set forth, which Tenant hereby agrees shall be paid, kept, and performed by Tenant, does hereby lease, let, demise, and rent exclusively unto Tenant, and Tenant does hereby rent and lease from Landlord, those certain tracts of land and all improvements thereon located at 000 Xxxxxxxxx Xxxx, Xxxxxx, Xxxxx 00000, commonly known as “Sawdust Park and Ride”, and which contains approximately 11.8337 acres, as more fully described on Exhibit “A”, attached hereto (the “Premises”). “
Lease of Premises Term. Subject to the terms and conditions hereinafter set forth, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord, the land described in metes and bounds on Exhibit A annexed hereto and made a part hereof (the land described on such Exhibit A, the ("Land");
Lease of Premises Term. Metro hereby leases to MFP and MFP hereby leases from Metro certain real property more particularly described in Exhibit A attached hereto for the purpose of operating the baseball stadium, now known as Xxxxx Stadium ("Stadium"), located on said real property to host AAA professional baseball in Davidson County, Tennessee, such other entertainment events as MFP deems to be appropriate, and for parking and ancillary office use ("Permitted Uses"). The real property and the improvements thereon including the Stadium are collectively referred to herein as the “Premises.” The Premises shall include the right to ingress and egress, and a license to use the parking area and to retain parking revenues. MFP is hereby granted the exclusive use of the Premises (subject to the rights of Metro described in Section 10(e) for a term ("Term") beginning on the Amendment Effective Date and ending on the 31st day December, 2013 or on such earlier date as may be provided in this Lease (hereinafter "Ending Date") for the Permitted Uses and uses ancillary thereto. Should MFP remain in possession of the Premises beyond the Ending Date, MFP shall be a tenant from month to month, whereby either party can terminate this Lease upon thirty (30) days written notice. This Lease may be extended for an additional period of five (5) years upon such terms and conditions as the parties may mutually agree.
Lease of Premises Term. In consideration of the payments as provided in Section 5.7 and for other good and valuable consideration, the Authority leases the Premises to EGX and EGX leases the Premises from the Authority for the Term, subject to the terms and conditions of this Lease. The “Term” of this Lease will begin on August 1st, 2016, and continue for two (2) years unless terminated earlier as set forth in this Lease.
Lease of Premises Term
