PROPERTY AND TERM Sample Clauses

PROPERTY AND TERM. (a) During the Term, Landlord, in consideration of the rents herein reserved and of the terms, provisions, covenants and agreements on the part of Tenant to be kept, observed and performed, does hereby lease and demise the Property unto Tenant, and Tenant does hereby hire and take the Property from Landlord, subject to each and every matter affecting title to the Property including, without limitation, all of the following which are in effect as of the Commencement Date: all easements, rights of way, declarations, covenants, conditions and restrictions, liens, encumbrances, encroachments, licenses, notices of pendency, charges, zoning laws, ordinances, regulations, building codes and other governmental laws, rules and orders affecting the Property, and other exceptions to Landlord's title, whether or not the same are of public record. (b) The parties acknowledge that Landlord's interest in the Land is in fact a subleasehold interest pursuant to the Ground Sublease, which interest was assigned by Tenant to Landlord immediately prior to the Commencement Date pursuant to an Assignment and Assumption of Lease Agreement. Tenant acknowledges and agrees that in addition to all other obligations for which it is responsible pursuant to this Lease, during the Term, it shall fully and timely discharge all of Landlord's obligations as subtenant pursuant to the Ground Sublease. Tenant shall deliver to Landlord, and Landlord shall deliver to Tenant, copies of any written notice received by it from Ground Lessee or Owner no later than one (1) Business Day after its receipt thereof. Section 1.2. Tenant shall lease the Property for the Term, unless sooner terminated as hereinafter provided or pursuant to law. (a) Provided there is no then uncured Event of Default, Tenant shall have the right, at its option, to extend the Term for two (2) additional ten (10) year periods, (each, an "Extension Term") in the manner, and subject to the conditions, set forth below. The first Extension Term shall commence on the day after the Expiration Date and shall expire on the day immediately preceding the tenth anniversary of the Expiration Date unless the Extension Term shall sooner end pursuant to any of the terms, covenants or conditions of this Lease or pursuant to law. The second Extension Term shall commence on the day after the first Extension Term shall expire and shall expire on the tenth anniversary of the day the second Extension Term commenced, unless such second Extension Term...

PROPERTY AND TERM. 7 2.1 Property.......................................................................7 2.2 Term...........................................................................7 ARTICLE 3. RENT....................................................................8 3.1

PROPERTY AND TERM. Lessor does hereby lease unto Lessee the property described in Exhibit “A”, attached and made a part hereof, for a term of fifty (50) years beginning and ending . This Lease may be renewed for an additional See Addendum term at Lessee’s option, subject to the rent adjustment as provided in Paragraph 3 below. Lessee shall provide Lessor N/A days advanced written notice of its exercise of the renewal option. If Lessee holds over and remains in possession of the property after the expiration of the term specified in this Lease, or any renewals of such term, Lessee's tenancy shall be considered a tenancy at sufferance, subject to the same terms and conditions as herein contained in this Lease. This Lease is subject to all utilities in place and to the maintenance thereof as well as any other covenants, easements, or restrictions of record. This Lease shall be construed as a lease of only the interest, if any, of Lessor, and no warranty of title shall be deemed to be given herewith.

PROPERTY AND TERM. Landlord hereby leases to Tenant, and Tenant herby leases from Landlord that certain real property located at 1914 24▇▇ ▇▇▇ ▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, ▇▇▇ ▇ll improvements, fixtures, equipment, furniture thereon, and all appurtenances thereto (the Premises). The term of this Lease, and the accrual of rents hereunder, shall commence on the Commencement Date 11/1/2017 and shall terminate on 11/1/2027 (ten year base term) unless sooner terminated by the mutual written agreement of Landlord and Tenant. If Tenant takes occupancy of the premises prior to the commencement date described above, Tenant shall pay rent from the date of such occupancy to the commencement date at the same rate that is applicable following the commencement date and the Tenant shall hold possession during such period in accordance with the terms of this Lease.

PROPERTY AND TERM. Lessor hereby rents to Lessee and Lessee hereby rents from Lessor the premises ("Premises") described as follows, to-wit: Lot Twelve (12), in Block One (1), of Kent's Addition to the City of Waverly, LESS the following tract: Beginning at the Southwest corner of said Lot Twelve (12), in Block One (1), of Kent's Addition, thence East along the South line of said Lot Twelve (12) a distance of 34.95 feet; thence North 25.15 feet to a point on the North line of said Lot Twelve (12); thence West along the North line of Lot Twelve (12) a distance of 35.00 feet to the Northwest corner of Lot Twelve (12); thence South 25.15 feet to the point of beginning, all being in Kent's Addition to the City of Waverly, Coffey County, Kansas. Th▇ ▇▇▇▇ of this lease shall be for one (1) year for a term beginning January 23, 2003, and ending January 23, 2004.

PROPERTY AND TERM. That in and for consideration of the rents and covenants herein, Landlord hereby leases Tenant the property described as a one bedroom private suite located at

PROPERTY AND TERM. A. Lessor leases to lessee the premises of lessor located in the County of ▇▇▇▇▇, State of Colorado, described as follows: Approximately 472 acres located on Section 31 & 32 of Township 9 North, Range 55 West of the 6th Prime Meridian, and Section 5 & 6 of Township 8 North, Range 55 West of the 6th Prime Meridian, all of ▇▇▇▇▇ County. A map of the premises is attached. B. This lease shall commence on the above-stated effective date and shall be for a term of five (5) years, or until terminated as provided in this lease agreement, on the terms and conditions set forth in this agreement.

PROPERTY AND TERM. 1.01. Landlord, for and in consideration of the rents, covenants and agreements hereinafter reserved, mentioned and contained on the part of the Tenant, its successors and assigns, to be paid, kept and performed, has leased, rented, let and demised, and by these presents does lease, rent, let and demise unto Tenant, and Tenant does hereby take and hire, upon and subject to the covenants, agreements, provisions, limitations and conditions hereinafter expressed, the Property. The Property shall also include any rights Landlord may have in any ancillary parking and accessways located outside of the Land. The Property shall not include that property located on the above-described Land ("Personal Property") that are (i) set forth on the schedule of personal property attached to this Lease as Exhibit B, or (ii) separately owned by Tenant. 1.02. Tenant shall enjoy the tenancy of the Property subject to the provisions hereof, for a term ("Lease Term") commencing (the "Commencement Date") on June 14, 2005 (the date upon which the transaction contemplated by that certain Purchase and Sale Agreement between Landlord and Tenant and dated as of June 14, 2005 is consummated) and ending (the "Expiration Date") at 11:59 p.m. on the date that is one (1) day before the thirtieth anniversary of the Commencement Date, or on such earlier date upon which the term of this Lease shall expire or be cancelled or terminated pursuant to any of the conditions or covenants of this Lease or pursuant to law, or on such later date if the term of this Lease is extended pursuant to Article 31 of this Lease. 1.03. The parties agree that Landlord may at its sole election, from time to time during the Lease Term upon at least six months' prior written notice to Tenant, revise the Land configuration of the Property, by withdrawing all or part of the Withdrawable Area described on Exhibit A, thereby reducing the area in which Tenant may claim use and possession by withdrawing all or part of such space, and such area shall thereafter not be part of the Property

PROPERTY AND TERM. The Lessor hereby leases to the Lessee the real property in Clewiston, Hend▇▇ ▇▇▇nty, Florida, described as: Lots ▇▇, ▇▇, ▇▇ ▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ revised September 7, 1937, according to plat thereof recorded in Plat Book 2, pages 71-78, inclusive, Public Records of Hend▇▇ ▇▇▇nty, Florida. for a term of fifteen (15) years beginning on April 1, 1981, and ending March 31, 1996.