Lease to Tenant. Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Premises described in Section 1.2. below, for the Term provided for in Section 1.3. below, at the Rent provided for in Section 1.4. below, and under the other terms and conditions provided for in this Lease, including the following:
Lease to Tenant. Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, the Premises described in Section 1.2. below, for the Term provided for in Section 1.3. below, at the Rent provided for in Section 1.4. below, and under the other terms and conditions provided for in this Lease. Landlord and Tenant hereby acknowledge that the Premises are encumbered by certain leases in effect as of the date hereof and that this Lease is intended to be a master lease of the Premises. Tenant further acknowledges that it has reviewed the existing leases and is fully aware of all the terms, conditions and provisions of such leases. To the extent that the Premises, or any parts thereof, are subject to existing leases, Landlord and Tenant hereby agree that for purposes of this Lease, Tenant’s right to occupancy of those parts of the Premises that are so encumbered shall be subordinate to the rights of the tenants under the existing leases until such time as the existing leases expire or otherwise terminate. Tenant further agrees not to disturb the existing tenants, provided that such tenants are not in default under the terms of their leases. Upon expiration or termination of an existing lease, this Lease shall become the primary lease with respect to that part of the Premises previously encumbered by an existing lease. Furthermore, Tenant shall not enter into any new lease or sublease, or modify or extend any existing lease unless such new lease or sublease or modification or extension of any existing lease contains a provision that subordinates, without condition or exception, such new lease or sublease or modification or extension to the lien of any mortgage, now or hereinafter in effect, as well as this Lease. Notwithstanding the foregoing subordination of Tenant’s right to occupancy with respect to those parts of the Premises currently encumbered by the aforementioned leases, Tenant shall be obligated to pay all Rent and perform all of the other obligations of Tenant as set forth in this Lease as if this Lease is the primary lease for all of the Premises. For purposes of this Lease, the existing leases shall be treated as subleases of this Lease between Tenant, as sublessor, and the existing tenants, as sublessees. Tenant, in addition to its obligations under this Lease, shall perform all of the obligations of the landlord under the existing leases and shall enforce all of the obligations of the tenants under the existing leases. In connection therewith, Landlord her...
Lease to Tenant. The Premises are leased (a) subject to (i) any state of facts an accurate survey of the Premises would show, (ii) any state of facts a personal inspection would show, (iii) rights, easements and restrictions of record, (iv) present and future zoning laws, ordinances, resolutions of any governmental authority and all present and future ordinances, statutes, laws, regulations and orders of all boards, bureaus, departments, agencies, commissions and bodies of any municipal, county, state or federal sovereign, and (v) the effect of all present and future municipal, state or federal laws, orders and regulations relating to the Tenant, sub- lessees or occupants of the Premises.
Lease to Tenant. Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord, for the Term, subject to the other provisions of this Lease. Landlord and Tenant agree on the area of the Premises and the Project set forth in the Basic Lease Provisions. The term “rentable square feet” as used in the Lease will be the area of the Premises as determined in accordance with the Building Owners and Management Association Method for Xxxxxxxxx Xxxxx Xxxx xx Xxxxxx Xxxxxxxxx, XXXX X00.x-0000, as modified by Landlord for purposes of the Buildings (the “BOMA Standard”).
Lease to Tenant. Landlord shall cause to be constructed the Xxxxxxx Power Plant Building if not already constructed, as depicted on the Site Plan attached as Exhibit "A-2" which shall include the Premises to be located in the Project as shown on Exhibit "A-1".
Lease to Tenant. Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the following: (i) those parcels of land and being more particularly described in Exhibit "A-1" through Exhibit "A-10" attached hereto and made a part hereof ("Land"), (ii) those certain buildings presently situated on the parcels of Land, (the "Building" or "Buildings"), and any other existing structures, buildings, fixtures or other improvements owned by Landlord and presently located on the Land, including, without limitation, all apparatus, equipment and appliances used in the operation thereof, such as heating and air conditioning systems and other building systems used to provide utility services, heating, air conditioning and ventilation, life safety, or other services thereof, and all presently existing landscaping, paving, parking, common area improvements, grading, water banks and channels and other site improvements located on the Land, which Landlord purchased from Tenant pursuant to a Contract of Sale and Leaseback between the parties dated May 13, 1996 (as heretofore amended from time to time, the "Sale Agreement"), and (iii) subsequently erected or installed structures, buildings, fixtures, common area improvements and other site or other improvements hereafter located upon or attached to the Land or the existing improvements located thereon, subject to the provisions of Section 2.2 below (such Buildings, other improvements and items of realty referenced in subparagraphs (ii) and (iii) above are sometimes being collectively referred to as the "Improvements" and the Land and Improvements being sometimes collectively referred to as the "Properties"), together with all rights, privileges, easements and appurtenances belonging to or in any way appertaining to the Land, at the rental, and upon all of the covenants and conditions set forth herein. For purposes of clarification, Improvements shall include, without limitation, all buildings, structures, fixtures (except as specifically excluded by this Lease), fences, interior driveways, garages, parking lots, fountains, utility installations, excavations, surfacing, water banks or channels, landscaping, grading and plantings. This Lease is subject to the following matters to the extent that they affect the Properties:
Lease to Tenant. Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord, subject to and within the benefits of the terms and conditions of this Lease.
Lease to Tenant. 15 8. CLOSING.................................................................................................15 8.1
Lease to Tenant. Concurrently with the Closing and consummation of this transaction, Buyer agrees to leaseback and demise to Tenant, and Seller will cause the Tenant to lease from Buyer, the Property upon the terms and conditions set forth in the Lease Agreement attached hereto as Exhibit "H" and incorporated by reference herein for all purposes. The initial base rent shall be payable by Tenant to the Buyer, as landlord, under each applicable Lease Agreement for each parcel of the Property in accordance with the schedule set forth in Exhibit "K" attached hereto and incorporated by reference herein for all purposes.
Lease to Tenant. Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord, for the Term, subject to the other provisions of this Lease. Landlord and Tenant agree on the area of the Premises and the Project set forth in the Basic Lease Provisions, and no remeasurement shall result in any increase or decrease in Base Rent or other Rent; provided, however, that Landlord shall remeasure the Premises in accordance with Building Owners and Managers Association standards or other appropriate standards as determined by Landlord and, if such remeasurement discloses that the actual square footage of the Premises, as so remeasured, exceeds or is less than the square footage reflected in Section 1.3, above, by an amount that is more than 5% of the square footage reflected in said in Section 1.3, above, the Base Rent and other amounts payable pursuant to this Lease shall be proportionally adjusted to reflect the actual square footage of the Premises. If the actual square footage of the Premises, as so remeasured, is 5% or less of the square footage reflected in said Section 1.3, above, the variance between the square footage reflected in said in Section 1.3, above and the actual square footage of the Premises shall be deemed immaterial, and there shall be no adjustment to the Base Rent and other amounts payable as set forth in this Lease.
