Common use of POSSESSION OF LEASED PROPERTY Clause in Contracts

POSSESSION OF LEASED PROPERTY. Lessee acknowledges that it has conducted an inspection of the Leased Property, and the acceptance of possession by Lessee shall be conclusive evidence that the Leased Property is in acceptable condition and fit for Lessee's purposes. Lessee shall have the right of possession of the Leased Property as of the Starting Date and Lessor shall not permit the condition of the Leased Property to deteriorate between the date hereof and the Starting date, ordinary wear and tear excepted. In addition, upon the prior, written consent of Lessor, which shall not be unreasonably withheld and subject to the rights of third-parties, Lessee shall have the right of access to and entry on the Leased Property prior to the Starting Date, if and to the extent necessary to allow Lessee to prepare for the performance of its obligations as stated herein and consistent with Lessor's rights and obligations to the current tenant and other third parties.

POSSESSION OF LEASED PROPERTY. Lessee acknowledges that it has conducted an inspection of the Leased Property, and the acceptance of possession by Lessee shall be conclusive evidence that the Leased Property is in acceptable condition and fit for Lessee's purposes. Lessee shall have the right of possession of the Leased Property as of the Starting Date and Lessor shall not permit the condition of the Leased Property to deteriorate between the date hereof and the Starting date, ordinary wear and tear excepted. In addition, upon the prior, written consent of Lessor, which shall not be unreasonably withheld and subject to the rights of third-third parties, Lessee shall have the right of access to and entry on the Leased Property prior to the Starting Date, if and to the extent necessary to allow Lessee to prepare for the performance of its obligations as stated herein and consistent with Lessor's rights and obligations to the current tenant and other third parties.