Leasehold Interest. When a person doesn't own the property but is a tenant under a lease, that person has a leasehold interest. The leasehold interest doesn't include other rights of the tenant, for example, an option to renew or purchase.
Leasehold Interest. (a) This Agreement does not grant to the Licensee a leasehold interest in the Land. The Parties agree that:
Leasehold Interest. (a) Any rent, premium, administrative fees and all other fees payable to the IIAC or any Governmental Agency in respect of the Leasehold Interest (save and except any fees not yet due to be paid) have been duly paid up to date, and the terms and conditions reserved and contained in the Implementation Agreement have been observed and performed up to date to the extent that failure to do so would have or be reasonably likely to have a Material Adverse Effect.
Leasehold Interest. ALL THAT PART OF THE NORTHWEST 1/4 OF SECTION 23, TOWNSHIP 139 NORTH, RANGE 81 WEST OF THE FIFTH PRINCIPAL MERIDIAN, XXXXXX COUNTY, NORTH DAKOTA DESCRIBED AS FOLLOWS: BEGINNING AT A POINT THAT LIES NORTH 0 DEGREES 15 MINUTES 39 SECONDS EAST ALONG THE WEST LINE OF SAID NORTHWEST 1/4 OF SECTION 23 A DISTANCE OF 1417.50 FEET AND NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST A DISTANCE OF 591.92 FEET FROM THE SOUTHWEST CORNER OF THE NORTHWEST 1/4 QUARTER OF SECTION 23; THENCE FROM SAID POINT OF BEGINNING NORTH 0 DEGREES 00 MINUTES 00 SECONDS EAST A DISTANCE OF 334.71 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST A DISTANCE OF 312.05 FEET; THENCE SOUTH 0 DEGREES 00 MINUTES 00 SECONDS WEST A DISTANCE OF 334.71 FEET; THENCE SOUTH 90 DEGREES 00 MINUTES 00 SECONDS WEST A DISTANCE OF 312.05 FEET TO THE POINT OF BEGINNING. THE ABOVE DESCRIBED TRACT CONTAINS 2.40 ACRES, MORE OR LESS.
Leasehold Interest. (1) This Schedule 4 does not grant to the Licensee a leasehold interest in the Premises. The parties agree that:
Leasehold Interest. All of CC's rights, title and interests in, to and under (i) the Ground Lease and (ii) the Improvements (collectively, the "Leasehold Interest"). The Land and the Improvements are collectively referred to herein as the "Real Property".
Leasehold Interest. Concurrently with the Closing (as defined in ------------------ Section 8), Buyer, as landlord, shall lease the Properties to Seller, as tenant, pursuant to land and building lease agreements (the "Leases"), substantially in the form of attached hereto as Exhibit "B."
Leasehold Interest. The Lease is in form and substance sufficient to convey a valid leasehold estate to the Lessee, subject only to Permitted Liens.
Leasehold Interest. 6.1 LEASE Incumbent shall lease to PathNet and PathNet shall lease from Incumbent an interest in each of Incumbent's sites and in the Facilities at such sites set forth on SCHEDULE B as is necessary for the performance of PathNet's rights and obligations under this Agreement (the "LEASED PREMISES").
Leasehold Interest. (a) The Borrower shall procure that the Senior Borrower shall:
