Common use of Property Leased Clause in Contracts

Property Leased. For and in consideration of the mutual promises and of the terms and conditions hereinafter set forth to be kept by the County, the City hereby grants and leases to the County, the Leased Premises and the County does hereby take and lease the Leased Premises from the City, on the promises and on the terms and conditions hereinafter set forth. This Agreement creates the #I.5. October 29, 2012 relationship of the City as landlord and the County as tenant between the parties hereto, and no estate shall pass from the City to the County under this Agreement. The County has, by virtue of this Agreement, only a usufruct as that word is set forth and used in O.C.G.A. Ch. 44-7.

Property Leased. For and in consideration of the mutual promises and of the terms and conditions hereinafter set forth to be kept by the County, the City hereby grants and leases to the County, the Leased Premises and the County does hereby take and lease the Leased Premises from the City, on the promises and on the terms and conditions hereinafter set forth. This Agreement creates the #I.5I.1. October 29, 2012 relationship of the City as landlord and the County as tenant between the parties hereto, and no estate shall pass from the City to the County under this Agreement. The County has, by virtue of this Agreement, only a usufruct as that word is set forth and used in O.C.G.A. Ch. 44-7.

Property Leased. For and in consideration of the mutual promises and of the terms and conditions hereinafter set forth to be kept by the County, the City hereby grants and leases to the County, the Leased Premises and the County does hereby take and lease the Leased Premises from the City, on the promises and on the terms and conditions hereinafter set forth. This Agreement creates the #I.5L.1. October 29, 2012 relationship of the City as landlord and the County as tenant between the parties hereto, and no estate shall pass from the City to the County under this Agreement. The County has, by virtue of this Agreement, only a usufruct as that word is set forth and used in O.C.G.A. Ch. 44-7.

Property Leased. For and in consideration of the mutual promises and of the terms and conditions hereinafter set forth to be kept by the County, the City hereby grants and leases to the County, the Leased Premises and the County does hereby take and lease the Leased Premises from the City, on the promises and on the terms and conditions hereinafter set forth. This Agreement creates the #I.5M.9. October 29, 2012 relationship of the City as landlord and the County as tenant between the parties hereto, and no estate shall pass from the City to the County under this Agreement. The County has, by virtue of this Agreement, only a usufruct as that word is set forth and used in O.C.G.A. Ch. 44-7.