LESSEE'S COVENANTS. The Lessee agrees, warrants and represents that it shall commit no waste to the Demised Premises, nor suffer the same to be committed thereon, nor injure nor misuse the same; and further agrees, warrants and represents that the Lessee has neither the right nor the power to assign or hypothecate this Lease in any way whatsoever, except as otherwise provided in this Lease, or to make alterations or improvements to the demised premises, except non structural alterations in connection with the renovation of the demised premises for the permitted uses subject to the prior written approval of the Director of Operations , nor use the same for any purposes except as those expressly authorized herein or in accordance with the applicable provision of this Lease. The Lessee shall keep the premises in good condition, free of debris, safely and adequately for the uses and purposes hereby authorized. The Lessee shall deliver the premises up to Lessor upon the expiration or earlier termination of this Lease in reasonably good condition, normal wear and tear excepted, and the Lessee shall have no right nor obligation to remove any improvements to the Premises without the prior written consent of Lessor. Likewise, any fixtures, equipment, furnishings, supplies or inventory which are purchased or obtained, during the term of this Lease, by or for the Lessee utilizing any City operating or other revenue funds, including but not limited to state and federal funds administered by the City, shall become the property of Lessor upon the expiration or sooner termination of this Lease in good condition, normal wear and tear excepted, at the option of Lessor.
LESSEE'S COVENANTS. The Lessee hereby covenants with the Lessor as follows:
LESSEE'S COVENANTS. The Lessee covenants with the Lessor: To pay the Rent monthly in advance (being the sum of Kenya Shillings [*] (KShs. [*] /-) and exclusive of VAT at 16%, on or before the fifth (5th) day of each succeeding month and in the manner set out in this Lease and not to exercise or seek to exercise any right or claim to withhold the Rent or any right or claim to legal or equitable set-off. The Rent for the first year of the Term amounting to the sum of Kenya Shillings [*] (KShs. [*] /-) and exclusive of VAT shall become due and payable in advance upon execution of the Lease; All payments in respect of the Rent herein shall be paid directly to the Lessor’s bank account whose particulars are as follows:- Account Name: Bank: Branch: Account No. Swift Code: Branch Code:
LESSEE'S COVENANTS. Xxxxxx further covenants and agrees as follows:
A. To pay and provide the Rent for this Lease, as it is set out herein; to use the Premises in a or damages to the Premises; to conduct or permit no business or act that is a nuisance or may be in violation of any federal, state, or local law or ordinance; only use the Premises in such a prudent manner so as to preserve and protect the land and soil; to surrender the Premises on expiration or termination of this First Amended Lease in at least as good of a condition as the Premises was in on the date prior to Lessee’s occupation of the Premises; cultivate the Premises in a timely, thorough, and farmer-like manner, employing the best methods of farming customarily practiced on like crops in the area and keep, repair and maintain all existing fencing, if any, during the term of this Lease.
B. Lessee assumes the risk of loss on all property and all improvements, including any crops, which are situated on the Premises. Xxxxxx agrees to maintain at all times during this Lease, the insurance described herein below.
C. Upon termination of this Lease, Xxxxxx agrees that all improvements situated on the Premises, whether such improvements were situated on the Premises prior to this First Amended Lease or placed on the Premises during this Lease, shall become the property of Lessor, or, at the option of the Lessor, Lessee, at Lessee’s sole expense, shall remove all improvements and debris and restore the surface of the Premises to its original condition provided that Lessee placed such improvements on the Premises during the term of this Lease.
D. To permit Lessor to enter, inspect, and make such repairs to the Premises as Lessor may reasonably desire or show the Premises to prospective purchasers and tenants, at all reasonable times.
E. Xxxxxx agrees that it is solely responsible for making all alterations, additions, or improvements necessary to the Premises to cause the Premises and its intended use to be in compliance with any laws, rules, ordinances, development codes or regulations of any applicable governmental authority, entity, or body, including, without limitation, the Federal Government, the local municipality, the County of Williamson, and the State of Texas and the rules and regulations of the United States Department of Agriculture and the Texas Agriculture Commissioner. The allocation of responsibility to Lessee for compliance with said laws, rules, ordinances, development codes or regulations is a mate...
LESSEE'S COVENANTS. The Lessee hereby covenants with the Lessor as follows:
(a) To pay the Rent by equal monthly instalments of $5,500 due in advance on the first day of each month provided that at the Lessor's option payment may be made by way of deduction by the Lessor of such monthly sum from the Lessee's salary in which case the Rent shall be deemed to be due on the date of such deduction.
(i) To arrange forthwith with the relevant suppliers for all accounts in respect of electricity and telephone and cable television at the Property to be put into the name of the Lessee and to be addressed to the Lessee and to pay all standing charges in connection with the same and all charges for all gas fuel oil and electric light and power which shall be consumed or supplied on or to the Property during the Term and the amount of all charges made for the use of the telephone and not to allow any of the services to be disconnected altered or removed and shall ensure that the services are operating throughout the Term.
(ii) Without prejudice to the generality of the foregoing arrange to discharge accounts for all such services for the period down to the date of the expiration or sooner determination of the Term.
(c) To pay the Land Tax assessed upon the Property as and when the same shall become due and payable and so in proportion in respect of any assessment levied for any period commencing prior to but including any part of the Term.
(d) To use the Property in a good and tenant-like-manner.
(e) To keep the interior of the Property and all fixtures and fittings therein in the same good clean state and condition and repair as it was in at the date hereof (fair wear and tear and damage by accidental fire or other risk insured against by the Lessor or the Superior Lessor only excepted unless the relevant policy of insurance shall have been rendered void or voidable or payment of the whole or part of the insurance monies refused in consequence of some act or default on the part of or suffered by the Lessee) and to replace all broken glass immediately.
(f) To preserve the furniture equipment and effects from being destroyed or damaged and make good pay for repair or replace with articles of a similar kind and of equal value such of the furniture equipment and effects as shall be destroyed lost stolen broken or damaged (fair wear and tear and damage by accidental fire or other risk insured against by the Lessor or Superior Lessor only excepted unless the relevant policy of insurance shall ...
LESSEE'S COVENANTS. The Lessee COVENANTS with the Lessor that:
LESSEE'S COVENANTS. In addition to Lessee's other covenants and obligations hereunder, Lessee agrees during the Term and for so long as Lessee's occupancy continues:
(a) To pay when due the Base Rent and additional expenses as set forth herein, to maintain the Leased Premises in good condition and repair, reasonable wear and tear excepted and to promptly perform all items of maintenance and repair which Lessee is obligated to perform pursuant to Section 7 of this Lease;
(b) To permit Lessor to have access to the Leased Premises, with prior notice, during Lessee's normal operating hours provided any such entry does not interfere with Lessee's business or operations, and, in the event of an emergency, at other times, for the purpose of inspection of the same and to assure Lessor with regard to the performance by Lessee of the terms and conditions hereof, and, during the twelve (12) months prior to expiration of the Term or any Renewal Term, to show the Leased Premises to prospective purchasers and tenants; provided, however, in recognition of Lessee's security needs and obligations as a bank, Lessor shall not exercise any right it has to enter into any secure area within the Leased Premises or to enter the Leased Premises outside Lessee's normal operating hours without Lessee's prior consent and under reasonable security conditions, accompanied by an officer or authorized representative of Lessee. Notwithstanding the foregoing, Lessor may exercise its right to enter the Leased Premises without Lessee's prior consent in emergency situations threatening life or property in which case Lessor will make reasonable attempts to contact Lessee and will contact local police prior to any such entry;
(c) At the expiration or earlier termination of the Term or any applicable Renewal Term, promptly to yield up, clean and neat, the Leased Premises and all improvements, alterations and additions thereto (unless required to be removed) and all fixtures and equipment servicing the Building; and to remove Lessee's signs, goods and effects and any fixtures and equipment used in the conduct of Lessee's business not serving the Building; and
(d) Comply with all governmental requirements and regulations respecting Lessee's use and occupancy of the Leased Premises in a timely manner and be solely responsible for all tax levies, assessments, licenses or fines arising from the conduct of Lessee's business.
LESSEE'S COVENANTS. Lessee covenants, warrants and represents that it will not use or employ all or any portion of the Premises to handle, transport, store, treat or dispose of any Hazardous Substance, whether or not it was generated or produced from, on or within the Premises; and Lessee further covenants, warrants and represents that any activity on or relating to the Premises shall be conducted in full compliance with all applicable laws.
LESSEE'S COVENANTS. Lessee shall not cause or permit Hazardous Materials to be used, generated, manufactured, stored, treated, disposed of, transported or present on or released or discharged from the Facility 2 Property in any manner that is reasonably likely to have a Material Adverse Effect. Lessee shall immediately notify Lessor in writing of (i) any knowledge by Lessee that the Facility 2 Property does not comply with any Environmental Laws; and (ii) any claims against Lessee or the Facility 2 Property relating to Hazardous Materials or pursuant to Environmental Laws. In response to the presence of any Hazardous Materials on, under or about the Facility 2 Property, Lessee shall immediately take, at Lessee's sole expense, all remedial action required by any Environmental Laws or any judgment, consent decree, settlement or compromise in respect to any claim based thereon.
LESSEE'S COVENANTS. 8.1 Duration .................................................................................................................... 8.2 Information ...............................................................................................................
