Common use of Lease of the Site Clause in Contracts

Lease of the Site. The District hereby leases to Lessee and Lessee hereby leases from the District, the Site, in accordance with the terms and provisions of this Site Lease, to have and to hold for the term of this Site Lease. The effectiveness of this Site Lease depends upon the execution of the Facilities Lease. If the Facilities Lease is not executed by the District and Lessee within three (3) days after execution of this Site Lease, this Site Lease shall terminate and shall be of no further force or effect and neither party shall have any obligation to the other hereunder except for those obligations that expressly survive termination of this Site Lease.

Appears in 5 contracts

Samples: Site Lease, Site Lease, Site Lease

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.