Lessee’s Covenant Clause Samples
The Lessee's Covenant is a contractual provision that outlines the obligations and promises made by the lessee under a lease agreement. Typically, this clause requires the lessee to pay rent on time, maintain the property in good condition, and comply with all relevant laws and regulations during the lease term. For example, the lessee may be responsible for routine repairs or for not making unauthorized alterations to the premises. The core practical function of this clause is to clearly define the lessee's responsibilities, thereby protecting the lessor's interests and ensuring the smooth operation of the lease arrangement.
Lessee’s Covenant. Lessee covenants with Lessor that Lessee will not unlawfully generate, store or dispose of any Hazardous Substances (as defined below)on the Leased Premises. Lessee agrees to indemnify and hold Lessor harmless from any and all costs, expenses, damages or liabilities incurred by or imposed upon Lessor, directly or indirectly, arising out of or attributable to (a) the use, generation, storage, release, threatened release, discharge, disposal (on or off the Leased Premises) or presence on, under or about the Leased Premises of any Hazardous Substances relating to the operations of the Lessee or occupants on the Leased Premises after the commencement of this Lease; and (b) any release or threatened release of Hazardous Substances which are located in, at or under the Leased Premises after the commencement of the Lease. Lessee agrees that such indemnity shall include the continued migration of any Hazardous Substance which occurs because of any existing Hazardous Substance release after the commencement of the Lease.
Lessee’s Covenant. Lessee covenants to keep the Premises free from all Prohibited Liens arising out of any work performed, materials furnished or obligations incurred by or on behalf of Lessee. Lessee shall remove any Prohibited Liens by bond or otherwise within 20 days after Lessee is informed of the existence of such lien or encumbrance, and if Lessee shall fail to do so, Lessor may pay the amount necessary to remove such Prohibited Liens, without being responsible for investigating the validity thereof. The amount so paid shall be deemed Additional Rent under this Lease payable upon demand, without limitation as to other remedies available to Lessor under this Lease. Nothing contained in this Lease shall be deemed or construed in an way to constitute Lessor’s consent or request, express or implied, to any contractor, subcontractor, laborer, equipment or material supplier for the performance of any labor or the furnishing of any materials or equipment for any Construction, nor as giving Lessee any right, power or authority to contract for, or permit the rendering of, any services, or the furnishing of any materials that would give rise to the filing of any liens against the Fee Estate.
Lessee’s Covenant. If a Prohibited Lien is filed then Lessee shall, within thirty (30) days after receiving Notice from County of such filing (but in any case within fifteen (15) days after County notifies Lessee of commencement of Foreclosure proceedings), commence appropriate action to cause such Prohibited Lien to be paid, discharged, bonded, or cleared from title. Lessee shall thereafter prosecute such action with reasonable diligence and continuity. If County receives notice of any such filing, then County shall promptly notify Lessee. Nothing in this Lease shall be construed to: (a) limit Lessee’s right of Contest; or (b) obligate Lessee regarding any lien that results from any act or omission by County.
Lessee’s Covenant. The Lessee covenants that during the Term of this Agreement it shall not (i) become a Blocked Person nor (ii) engage in any dealings or transactions with Blocked Persons in violation of any Blocked Persons Laws. In the event of any breach of the aforesaid covenant, the same shall constitute a default under this Agreement which may subject the Lessee to termination of the letting hereunder. In the event of any termination by the Port Authority as authorized under applicable sanctions law requirements or enforced pursuant thereto, or in accordance with the terms hereof, the Lessee shall, immediately on receipt of the Port Authority’s termination notice, cease all use of and operations permitted under this Agreement and surrender possession of the Premises to the Port Authority without the Port Authority being required to resort to any other legal process.