LESSOR’S TITLE. LESSOR covenants that LESSEE, on paying the rent and performing the covenants herein, shall peaceably and quietly have, hold and enjoy the Premises. LESSOR represents and warrants to LESSEE as of the Effective Date and covenants during the Term that LESSOR has full authority to enter into and execute this Agreement and that there are no liens, judgments, covenants, easement, restrictions or other impediments of title that will adversely affect LESSEE’s Use.
LESSOR’S TITLE. The Lessor's title is and always shall be paramount to the title of the Lessee, and nothing herein contained shall empower the Lessee to do any act which can, shall or may encumber the title of the Lessor.
LESSOR’S TITLE. A. It is mutually understood and agreed that this Lease is granted only under such title as Lessor may now hold or hereafter acquire. Lessee may investigate and in Lessor’s name take any action it deems necessary to remedy any defects of title to the Red Rock Mineral Prospect. Lessor agrees to cooperate with Lessee in investigating and remedying any such defects in title; however, in the event that Lessor shall hereafter be divested of such title, Lessor shall not be liable for any damages sustained by Lessee. Additionally, Lessor shall not be liable in damages or otherwise, on account of Lessee’s possession thereof being destroyed or interrupted. Lessee’s only remedy in the event of failure of Lessor’s title is specified in the last sentence of Article 8.D below.
LESSOR’S TITLE. Subject to the terms of this Lease, Lessor's title is, and always shall be, paramount to the title and interest of Lessee, and nothing herein contained shall empower Lessee to do any act which can or shall encumber the title of the Lessor. Provided the holder of any mortgage now or hereafter encumbering the Premises shall provide Lessee with a non-disturbance agreement reasonably satisfactory to Lessee, Lessee agrees to subordinate its interest in this Lease to the Mortgage that encumbers the Premises. Nothing contained herein shall relieve the Lessor of any obligations under the Mortgage.
LESSOR’S TITLE. Lessor shall have and retain paramount title to the Hospital free and clear of any act or inaction of Lessee that may restrict or encumber the Facility.
LESSOR’S TITLE. If at the time of recording by Lessee of a notice or memorandum of lease there shall be any mortgage or mortgages affecting the Premises or the Park, or any portion thereof, Lessor shall obtain and deliver to Lessee within thirty (30) days after the date of such recording, an Agreement with respect to such mortgage or mortgages (in accordance with the provisions of Section 16.A). Lessee shall have the right, within thirty (30) days after the date of this Lease, at Lessee's cost and expense (except as hereinafter provided), to obtain a commitment for leasehold title insurance from a title insurance company of Lessee's selection, committing to insure Lessee's leasehold interest under this Lease. Lessor's will cooperate with Lessee with regard to such title insurance commitment, including using reasonable efforts (i) to cause such commitment to be issued by any title insurance company that may have issued a title insurance policy to Lessor, and (ii) to procure any "simultaneous issue" rate
LESSOR’S TITLE. RETURN OF FF&E UPON EXPIRATION OR TERMINATION OF LEASE; IDENTIFICATION OF FF&E: Title to the FF&E will at all times remain in Lessor’s name and Lessee will at all times, at its own cost and expense, protect and defend the title of Lessor from and against all claims, liens and legal processes of creditors of Lessee and keep the FF&E free and clear from all such claims, liens and processes resulting from Lessee’s use or operation of the FF&E. Lessee agrees not to alter or modify the FF&E without first obtaining in each instance the prior written approval of Lessor. Upon the expiration or earlier termination of this Lease, as governed by Paragraph 2 above, Lessee, at Lessor’s sole expense, and using a delivery or shipping method selected by Lessor and insured at Lessor’s sole expense, shall return the FF&E unencumbered to Lessor at a place or places reasonably acceptable to Lessor (“Delivery Location”), and in the same condition as when received by Lessee, reasonable wear and tear resulting from normal use thereof alone excepted. Notwithstanding the foregoing, that portion of the FF&E which consists of optical displays will, upon the expiration or earlier termination of this Lease, be deemed abandoned by Lessor and disposed of by Lessee at its sole cost and expense, unless Lessor, by notice to Lessee sent at least thirty (30) days prior to the expiration or earlier termination of this Lease, affirmatively directs Lessee to return such items to the Delivery Location pursuant to the provisions of the preceding sentence.
LESSOR’S TITLE. Lessor represents and covenants to Lessee that Lessor owns marketable and insurable fee simple title to the Premises free and clear of any liens, claims, restrictions, encumbrances, or rights of others except for the permitted exceptions set forth in EXHIBIT "C" annexed hereto.
LESSOR’S TITLE. Lessor hereby represents and warrants that it is the owner in fee simple absolute of the Land, subject to covenants, conditions, restrictions, leases, easements, and other matters of record.
LESSOR’S TITLE. Lessor has the legal right to make and enter into this Lease. No other person or entity has any right of occupancy with respect to the Premises and there are no unrecorded agreements concerning the Premises. During the initial and any renewal Term, Lessor shall not grant any other party any right to use the Premises or grant any other right, title, interest, easement, deed of trust or mortgage lien or any other encumbrance in or upon or affecting the Premises.
