Lessor's Covenant. Lessor agrees that during the term or extended term of this Lease it will not permit, lease, allow or use, either by itself or any tenants thereof, directly or indirectly, any portion of the property of which the Demised Premises are a part or any property within one (1) mile of the Demised Premises now or hereafter owned or controlled by Lessor for any kind of restaurant, diner, coffee shop, luncheonette or any other business involving “on the premises consumption of food or beverage.”
Lessor's Covenant. Upon payment by Lessee of the rents herein provided, and upon the observance and performance of all the covenants, terms and conditions on Lessee's part to be observed and performed, Lessee shall peaceably and quietly hold and enjoy the Premises, for the term hereby demised and subject to all of the terms and conditions hereof, without hindrance or interruption by Lessor or any other person or persons lawfully or equitably claiming by, through or under Lessor.
Lessor's Covenant. Lessor represents and covenants that it has no knowledge of the existence of any Hazardous Materials located on or beneath the Premises prior to Lessee's occupancy of the Premises.
Lessor's Covenant. Lessors covenant and agree that during the term of the Options, Lessors shall not commit, approve, consent to, or permit any transfer of any kind relating to an optioned interest, except subject to the option or except with the prior written consent of Lessee. Any transfer not made in accordance with the prior sentence which would diminish or otherwise adversely affect Lessee’s options under this Article XIV or which might prevent Lessors’ full performance of their obligations under this Article XIV shall be ineffective against Lessee or Lessee’s option rights under this Article XIV.
Lessor's Covenant. 26 19.2 Lessee's Remedies for Breach............................... 26 19.3 Incorporation in Short Form of Lease ...................... 27 ARTICLE XX - TITLE CONSIDERATIONS....................................... 27 20.1 CC&Rs; Lender's Lien....................................... 27
Lessor's Covenant. Upon payment by the Tenant of the rents herein provided, and upon the observance and performance of all the covenants, terms, and conditions on Tenant's part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the leased premises for the term hereby demised
Lessor's Covenant. Lessor covenants and warrants that it has full and exclusive right and authority to execute and perform this lease and to grant the estate leased herein and covenants that the Lessee, upon performance of its obligations hereunder, shall peaceably and quietly hold and enjoy the Premises through the term or any holdover.
Lessor's Covenant. Lessor agrees, for itself and its successors and assigns, that, commencing upon the date of the mutual execution of this Lease and ending upon the expiration or earlier termination of this Lease, no portion of the Shopping Center (other than the Premises), and no other property located within one (1) mile of the Shopping Center now or hereafter owned or controlled, directly or indirectly, by Lessor, shall be used for a Banking Facility. The foregoing restrictions will continue only for so long as the business conducted upon Premises is a bank operation of the type comprising a Banking Facility, except that said restrictions shall continue in full force and effect during the period prior to the initial construction of the Improvements and during temporary periods of damage, destruction, repair, restoration or remodeling of the Improvements, until such time as same can reasonably be repaired, restored and/or completed. Notwithstanding anything contained in this Section 17.1 to the contrary, the foregoing restrictions shall not apply to any property located within one (1) mile of the Shopping Center (a) acquired by Lessor, or coming under the control, directly or indirectly, of Lessor which at the time so acquired by Lessor or coming under the control, directly or indirectly, of Lessor, is then being used as a Banking Facility or is subject to a lease which does not permit Lessor to comply with the foregoing restrictions; or (b) owned or controlled, directly or indirectly, by any successor to the original named Lessor hereunder (including any party acquiring Lessor's interest in the Shopping Center by foreclosure sale or deed in lieu of foreclosure) which at the time such party succeeds to Lessor's interest hereunder is then being used as a Banking Facility, or is subject to a lease which does not permit such party to comply with the foregoing restrictions.
Lessor's Covenant. So long as any option for renewal remains open for exercise and unexercised by the Lessee, the Lessor must not transfer its interest in the Land without first obtaining a Table of Contents FORM 20 Version 1 QUEENSLAND LAND REGISTRY Land Title Xxx 0000 and Land Xxx 0000 SCHEDULE Page 22 of 33 Title Reference : 16965059 covenant from the transferee in favour of the Lessee acknowledging that it is bound by the option/s for renewal and agreeing to obtain a similar covenant from any further transferee of the Land.
Lessor's Covenant. Lessor covenants that Lessee on paying the rent and performing the covenants herein contained may peacefully and quietly have, -hold and enjoy the premises for the term aforesaid. Lessor shall comply promptly with all statutes, ordinances, rules, orders, regulations, and requirements of the federal, state, and municipal governments and of any of their departments and bureaus applicable to the premises which are not the responsibility of the Lessee.
