Lessee Covenants Clause Samples

Lessee Covenants. Lessee acknowledges that the Premises secure Lessor's obligations under the Bond Documents. Accordingly: 1.1 Lessee covenants and agrees that so long as any bonds or loans remain outstanding, Lessee shall maintain the Premises as a charter school facility providing educational services to students within the territorial limits required, if any, pursuant to Lessee's charter. 1.2 Lessee covenants and agrees to take all reasonable actions to maintain its current or any future charter (“Lessee's Charter”) for the School with a sponsoring entity and to take or cause to be taken any and all actions required to renew or extend the term of its charter with a sponsoring entity. As soon as practicable, Lessee shall provide Lessor with a copy of any notice received with regards to any sponsoring entity's intent to renew or extend the term of any such charter or any notice of any issues that if not corrected or resolved could lead to termination or nonrenewal of any such charter. If such charter is terminated or not renewed, Lessee shall use commercially reasonable efforts, and shall cooperate with Lessor, to assign this Lease to an entity that maintains a charter with a sponsoring entity. In addition, Lessee shall maintain accreditation status under the Charter Schools Act of 1992, as amended (constituting Part 26.8 of Division 4 of Title 2 of the California Education Code) and related administrative rules and shall satisfy the student performance accountability standards stated in its application for its charter. 1.3 Lessee will permit the Lessor to discuss the affairs, finances and accounts of Lessee or any information the Lessor may reasonably request with appropriate officers of ▇▇▇▇▇▇, and will grant the Lessor access to the facilities, books and records related to the Improvements or Lessee on any business day upon reasonable prior notice.

Lessee Covenants. Except as expressly authorized by applicable laws or this Agreement, in the exercise and performance of its rights and obligations under this Agreement, Lessee agrees to the following: Lessee shall comply with applicable federal, state and local laws in the exercise and performance of its rights and obligations under this Agreement. Lessee shall comply with any City permit issued to Lessee in connection with the location of Lessee’s Infrastructure within the public right‑of‑way. Lessee shall obtain, as required, any and all necessary approvals for the design, construction, installation, operation and testing of Lessee’s Infrastructure to be located within City. Lessee shall not interfere in any manner with the existence and operation of any and all public rights‑of‑way, easements, sanitary sewers, water mains, storm drains, gas mains, poles, aerial and underground electric and telephone wires, electroliers, cable television, and other telecommunications, utility, and municipal property without the express written approval of the owner or owners of the affected property or properties. Lessee shall not do or permit anything to be done by anyone under its direct control or doing work on its behalf, other than City, its employees, contractors, and agents, within public rights‑of‑way or easements or permit anyone under its direct control or doing work on its behalf, other than City, its employees, contractors, and agents, to do anything that which may in any way obstruct or interfere with the rights of any person located within the public rights‑of‑way or easements, or injure them, or use or allow the public rights‑of‑way or easements to be used by under its direct control or doing work on its behalf for any improper or unlawful purpose. Notwithstanding the foregoing, this shall not be construed to prohibit Lessee from installing Infrastructure within City or otherwise exercising its rights and carrying out its obligations under this Agreement, provided however that this sentence is not intended nor shall it be construed to increase Lessee’s rights under this Agreement. Lessee shall keep all parts of the Leased Infrastructure that belong to City free of any liens that may be created or which may attach as the result of the acts or omissions of Lessee, its employees, contractors or agents. If any such lien is filed, Lessee shall indemnify and hold harmless City from any and all costs to remove such lien, including but not limited to, reasonable attorneys’ fees. ...

Lessee Covenants. The Lessee covenants and agrees with the Lessor to: (a) submit a Development Application within 12 months from the Commencement Date; and (b) undertake and complete the works specified in the Development Approval to the Lessor’s reasonable satisfaction within three (3) years from the Commencement Date or such longer period as the Lessor, acting reasonably, agrees to.

Lessee Covenants. Lessee hereby covenant and undertake that 6.1 Lessee shall ensure that the rights herein granted by the Lessor are so exercised as not in any way to interfere with, or cause nuisance or adversely affect the enjoyment and quiet possession of the other occupants in the Building. 6.2 Lessee shall not keep or store in or upon the Leased Premises or any part thereof any goods of hazardous, inflammable, combustible or explosive nature or any other goods not permissible in law; 6.3 Lessee shall permit the Lessor and its duly authorized agents and representatives to enter upon the Leased Premises during normal office hours after giving 15 (fifteen) days notice in writing or earlier if so agreed to by the Lessee in order to view, survey and examine the state and condition of the Leased Premises or for the purpose of carrying out any repairs as may be required by the authorities concerned.

Lessee Covenants. The Lessee shall, on or prior to the Closing Date, enter into the Operative Documents to be entered into by it pursuant to the terms hereof and, upon the applicable Lease Commencement Date, subject to the terms and conditions hereof and of the other Operative Documents, the Lessee shall lease the applicable portion of the Property as Lessee from the Lessor under the Lease.

Lessee Covenants. Lessee covenants and agrees: (a) That Lessee accepts the Premises on an AS IS, WITH ALL FAULTS basis and acknowledges and agrees that Lessor will make no repairs, alterations, or improvements to the interior, exterior, systems or structures of the Premises or the Premises’ grounds or parking lot, and hereby disclaims any and all obligations to do so. LESSOR HEREBY DISCLAIMS ANY AND ALL REPRESENTATIONS AND WARRANTIES, with respect to the Premises, its condition, its improvements, its compliance with laws, its fitness for Lessee’s intended purposes and/or its merchantability, or with respect to the presence or absence of any defect or hazardous conditions of any kind whether known, hidden or otherwise. Any repairs, alterations or improvements will be subject to Lessor’s prior written consent, in its sole and absolute discretion to the same. If approved, Lessee, at its own cost and expense, shall make, or have made on its behalf under Lessee’s direction, any and all such alterations or improvements to the Premises it desires and which are needed to make the Premises compatible for its intended use. (b) That Lessee shall be responsible for the keeping in good order and condition the interior of the Premises. Lessee will surrender said Premises at the end of the term of this Lease in as good condition as received, ordinary wear and tear, eminent domain and damage by fire and other casualties excepted. If Lessee fails to make any repairs required to be made by it, Lessor may, but shall not be required to, perform such work at Lessee’s expense, the cost of which shall be payable on demand. (c) Lessee shall not erect, install or maintain any sign, advertising or display matter on the exterior of the Premises which is visible to public view outside the Premises without the prior written approval of Lessor. All signs shall comply with applicable ordinances and other governmental restrictions. Lessee shall not change or add locks or similar devices to any door or window in the Premises. (d) Lessee shall keep the Premises in a clean, sanitary and safe condition. Lessee shall keep all boxes, paper, trash and rubbish in sanitary containers at all times. (e) Lessee shall not assign this Agreement or any interest herein or sublet all or any part of the Premises or permit the use of all or any part of the Premises by any party other than Lessee. (f) Lessee shall not store or use any hazardous or toxic material or substance on, under or about the Premises.

Lessee Covenants. In consideration for the benefits provided to Lessee under this letter amendment, Lessee hereby agrees as follows: Lessee shall demonstrate to the City’s reasonable satisfaction that Lessee is not entitled to any business interruption insurance proceeds or similar benefits that are redundant to the rental reliefprovided in this letter amendment, and in the event that the City determines that Lessee is or becomes entitled to any such benefits, the City reserves the right to decrease or limit the rental reliefprovided herein accordingly.

Lessee Covenants. The Lessee covenants: 9.1 that it shall not enter into any lease agreement or financing agreement with any third party for platinum or rhodium to be used in the operation of its continuous filament mat business in the Facilities during the duration of this Master Lease Agreement. 9.2 that it shall not enter into any lease, financing, security or other agreement in relation to the Lease Metal or Additional Metal or Metal Units or Unallocated Metal which would or might interfere with the Lessor’s absolute and unencumbered title in the Lease Metal or restrict the Lessor’s ability to regain possession of the Lease Metal or Additional Metal in any Metal Unit or the Lease Metal or Additional Metal contained in a Metal Unit fabricated or refabricated in accordance with Section 5. 9.3 that each month during the Lease Commitment Period and the Lease Term, the Lessee shall provide the Lessor with a certified inventory of the Lease Metal and Additional Metal and Metal Units held at the Facilities and any Unallocated Metal and shall promptly inform the Lessor of any damage to or loss of Lease Metal, Additional Metal or Unallocated Metal. 9.4 that the Lessee shall permit agents or representatives of Lessor to inspect, during normal business hours and upon reasonable notice, or at its own discretion should the Lessee be in Default, any Lease Metal to the Lessee hereunder and/or the Metal Information request of the Lessor.

Lessee Covenants. Lessee covenants and agrees for itself, and its successors and assigns, that: