Common use of Lessee’s Rights and Obligations Clause in Contracts

Lessee’s Rights and Obligations. License1 to the Premises; Facility Access Rights. Lessee grants to Lessor and to Lessor’s agents, employees, contractors and assignees an irrevocable non-exclusive license running with the Premises (the “License”) for access to, on, over, under and across the Premises for the purposes of (i) installing, constructing, operating, owning, maintaining, accessing, removing and replacing the System; (ii) performing all of Lessor’s obligations and enforcing all of Lessor’s rights set forth in this Agreement; and (iii) installing, using and maintaining electric lines and equipment, including inverters and meters necessary to interconnect the System to Lessee’s electric system at the Facility, to the Utility’s electric distribution system, if any, or for any other purpose that may from time to time be useful or necessary in connection with the construction, installation, operation, maintenance or repair of the System. Lessor shall notify Lessee prior to entering the Facility except in situations where there is imminent risk of damage to persons or property. The term of the License shall continue until the date that is one hundred and twenty (120) days following the date of expiration or termination of this Agreement (the “License Term”). During the License Term, Lessee shall ensure that Lessor’s rights under the License and Lessor’s access to the Premises and the Facility are preserved and protected. Lessee shall not interfere with nor shall permit any third parties to interfere with such rights or access. The grant of the License shall survive termination of this Agreement by either Party. At request of Lessor, Lessee shall execute a memorandum of License, and which shall be in form and substance set forth Exhibit 5, or other form agreed to by the parties. Lessor may, at its sole cost and expense, record such memorandum of License with the appropriate land registry or recorder’s office.

Appears in 2 contracts

Samples: Solar Equipment Lease Agreement, Solar Equipment Lease Agreement

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Lessee’s Rights and Obligations. a. License1 to the Premises; Facility Access Rights. Lessee grants to Lessor and to Lessor’s agents, employees, contractors and assignees an irrevocable non-exclusive license running with the Premises (the “License”) for access to, on, over, under and across the Premises for the purposes of (i) installing, constructing, operating, owning, maintaining, accessing, removing and replacing the System; (ii) performing all of Lessor’s obligations and enforcing all of Lessor’s rights set forth in this Agreement; and (iii) installing, using and maintaining electric lines and equipment, including inverters and meters necessary to interconnect the System to Lessee’s electric system at the Facility, to the Utility’s electric distribution system, if any, or for any other purpose that may from time to time be useful or necessary in connection with the construction, installation, operation, maintenance or repair of the System. Lessor shall notify Lessee prior to entering the Facility except in situations where there is imminent risk of damage to persons or property. The term of the License shall continue until the date that is one hundred and twenty (120) days following the date of expiration or termination of this Agreement (the “License Term”). During the License Term, Lessee shall ensure that Lessor’s rights under the License and Lessor’s access to the Premises and the Facility are preserved and protected. Lessee shall not interfere with nor shall permit any third parties to interfere with such rights or access. The grant of the License shall survive termination of this Agreement by either Party. At request of Lessor, Lessee Xxxxxx shall execute a memorandum of License, and which shall be in form and substance set forth Exhibit 5, or other form agreed to by the parties. Lessor may, at its sole cost and expense, record such memorandum of License with the appropriate land registry or recorder’s office.

Appears in 1 contract

Samples: Solar Equipment Lease Agreement

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Lessee’s Rights and Obligations. a. License1 to the Premises; Facility Access Rights. Lessee grants to Lessor and to Lessor’s agents, employees, contractors and assignees an irrevocable non-exclusive license running with the Premises (the “License”) for access to, on, over, under and across the Premises for the purposes of (i) installing, constructing, operating, owning, maintaining, accessing, removing and replacing the System; (ii) performing all of Lessor’s obligations and enforcing all of Lessor’s rights set forth in this Agreement; and (iii) installing, using and maintaining electric lines and equipment, including inverters and meters necessary to interconnect the System to Lessee’s electric system at the Facility, to the Utility’s electric distribution system, if any, or for any other purpose that may from time to time be useful or necessary in connection with the construction, installation, operation, maintenance or repair of the System. Lessor shall notify Lessee prior to entering the Facility except in situations where there is imminent risk of damage to persons or property. The term of the License shall continue until the date that is one hundred and twenty (120) days following the date of expiration or termination of this Agreement (the “License Term”). During the License Term, Lessee shall ensure that Lessor’s rights under the License and Lessor’s access to the Premises and the Facility are preserved and protected. Lessee shall not interfere with nor shall permit any third parties to interfere with such rights or access. The grant of the License shall survive termination of this Agreement by either Party. At request of Lessor, Lessee shall execute a memorandum of License, and which shall be in form and substance set forth Exhibit 5, or other form agreed to by the parties. Lessor may, at its sole cost and expense, record such memorandum of License with the appropriate land registry or recorder’s office.

Appears in 1 contract

Samples: Solar Equipment Lease Agreement

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