Premises and Term of Lease. Landlord does hereby demise and lease to Tenant, and Tenant does hereby hire and take from Landlord, the Premises (hereinafter defined), subject to all existing liens, charges, encumbrances and matters of record set forth in EXHIBIT 2 annexed hereto and made a part hereof and the terms and conditions hereinafter provided. TO HAVE AND TO HOLD said Lease unto Tenant, its permitted successors and assigns for a term which is to commence on the date hereof ("COMMENCEMENT DATE") and which shall end on the last day of the month in which the forty-eighth (48th) anniversary of the Commencement Date occurs (unless such term shall be extended or sooner terminated as hereinafter provided) ("EXPIRATION DATE"). It is hereby mutually covenanted and agreed by and between the parties hereto that this Lease is made upon the foregoing and upon the agreements, covenants and conditions herein set forth.
Premises and Term of Lease. 1 ARTICLE 2
Premises and Term of Lease. 8 ARTICLE 3 RENT...................................................................................... 9
Premises and Term of Lease. Landlord does hereby demise and lease Parcel A and the Initial Building to Tenant, and grants to Tenant, its guests, invitees and licensees all easements, rights and privileges appurtenant thereto, and Tenant does hereby lease and accept Parcel A and the Initial Building from Landlord, all subject to those matters set forth on EXHIBIT B attached hereto and made a part hereof and such other matters which either (i) result from the acts of Tenant or any Person acting or claiming by, through or under Tenant or (ii) have been or may hereafter be approved by Tenant (Tenant agrees that it will not withhold or delay its approval unreasonably).
Premises and Term of Lease. Landlord does hereby demise and lease the Premises to Tenant for the Term, and grants to Tenant, its guests, invitees and licensees, for the Term, all easements, rights and privileges appurtenant thereto, and Tenant does hereby lease and accept the Premises from Landlord, all subject to the following matters (collectively, the "PERMITTED EXCEPTIONS"): the matters set forth on EXHIBIT B attached hereto and made a part hereof; the Declaration of Easements; and, such other matters which either (i) result from the acts of Tenant or any Person acting or claiming by, through or under Tenant or (ii) have been or may hereafter be approved by Tenant (Tenant agrees that it will not withhold or delay its approval unreasonably).
Premises and Term of Lease. Landlord does hereby demise and lease to Tenant, and Tenant does hereby hire and take from Landlord, the Premises, together with all easements, appurtenances and other rights and privileges now or hereafter belonging or appertaining to the Premises, subject only to the Title Matters. In addition, Landlord does hereby demise and lease to Tenant, and Tenant does hereby hire and take from Landlord, on behalf of itself and the Eligible Affiliates, the Exempt Property that is not incorporated into the Building or otherwise affixed to the Building or the Land and that retains its character as tangible personal property. Each such item of Exempt Property is demised and leased AS-IS, WHERE-IS, WITH ALL FAULTS AND WITHOUT REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED. TO HAVE AND TO HOLD unto Tenant and the Eligible Affiliates, its successors and assigns, for a term of years (the “Term”) commencing on the Commencement Date and, subject to Article 40, expiring on the 17th day of June, 2069 or on such earlier date upon which this Lease is terminated as hereinafter provided (the “Expiration Date”).
Premises and Term of Lease. SECTION 1.01. Landlord does hereby demise and lease to Tenant, and Tenant does hereby hire and take the Premises from Landlord; TO HAVE AND TO HOLD for a term which shall commence on a date (the "Commencement Date") which shall be the later to occur of May 1, 1997 and the date on which the Premises shall be deemed to be ready for occupancy, and shall expire on the last day of the seventh Lease Year unless the Term shall be sooner terminated as provided pursuant to any of the provisions of this Lease or pursuant to a Requirement. Notwithstanding the foregoing, this Lease shall be null and void if the Commencement Date shall not have occurred by the last day of the fifth year from the date hereof.
Premises and Term of Lease. Section 1.1 Landlord hereby demises and leases to Tenant, and Tenant hereby hires and leases from Landlord, the property (the “Premises”) in Dxxxxxx County, Nevada, (a) the parcel of land described on Exhibit A attached hereto, and (b) all the buildings and other improvements on the land included in the Premises and all additions to, and replacements of, those buildings and improvements. When, in Landlord’s reasonable judgment, it is necessary for the approximately 4.87 acres of land shown as “Resultant Parcel 2” on Exhibit B attached hereto and by this reference incorporated herein to become land within the control of the TDVA for the financing, construction and operation of the Tahoe South Events Center, (i) on notice from Landlord to Tenant, which notice will not be given sooner than after the Governing Board of the Tahoe Regional Planning Agency approves the Tahoe South Events Center Project, Resultant Parcel 2 shall be ipso facto released and removed from the Premises as described in Exhibit A; and (ii) the approximately 16.41 acres of land shown on Exhibit B as “Resultant Parcel 1,” and all the buildings and other improvements located thereon, including replacements of those buildings and improvements, shall be ipso facto the Premises (which land shall include an additional approximately 8,000 square feet along the western boundary of Dxxxxxx County APN 1318-27-002-006 to be added to the Premises by a metes and bounds description thereof). Simultaneous with Landlord’s placing Resultant Parcel 2 as shown on Exhibit B into the control of TDVA, Landlord is also authorized to grant TDVA easements for ingress to and egress from U.S. 50 and Lake Parkway to and from the Tahoe South Events Center over and across the Premises, and for parking purposes for guests at the Tahoe Events Center and for TDVA and Tahoe South Events Center Employees in all parking areas on the Premises, and to execute, acknowledge and record a deed restriction on the Premises for the benefit of the Tahoe Regional Planning Agency requiring all land coverage calculations related to the Premises and Resultant Parcel 2 as shown on Exhibit B to be calculated as if they were a single parcel. Landlord is further authorized to grant utility easements over, under and on the Premises as may be necessary for utility service to the Premises, the Tahoe South Events Center, and water service to all water customers of Edgewood Water Company, and to take such other actions with respect to the Premise...
Premises and Term of Lease. Section 1.1 The Landlord hereby demises and leases to the Tenant, and the Tenant hereby hires and leases from the Landlord, the property (the “Premises”) in Xxxxxxx County, Nevada, consisting of (a) the parcel of land described on Exhibit A and the parcel of land described on Exhibit B, and (b) all the buildings and other improvements on the land included in the Premises and all additions to, and replacements of, those buildings and improvements. The parcels of land described on Exhibits A and B above are more particularly described on Exhibit C to this Restated Net Lease Agreement.
