PROPERTY SUBJECT TO LEASE. 3.1 A lease is legal in any sphere of the country's economy and may be applied to all forms of property.
PROPERTY SUBJECT TO LEASE. (a) The following described real estate located in Johnson County, Kansas, to wit: Lot 11, KANSAS CITY XXXX XXSINESS PARK, NINTH PLAT, a subdivision ix xxx Xxxx xx Xxxxxx, Xxxxxxx Xxxxxx, Kansas said real property constituting the "Lanx" xx xeferred to in said Lease.
PROPERTY SUBJECT TO LEASE. (1) XXXXXXXXX XXXXXXX DC-9-51 AIRCRAFT, TWO (2) XXXXX & XXXXXXX JT8D-17 ENGINES AND OTHER RELATED EQUIPMENT. LESSEE: SUN JET INTERNATIONAL, INC. TERM: FROM NOT LATER THAN OCTOBER 1, 1997 THROUGH THE EARLIER OF (I) OCTOBER 1, 1999 AND (II) THE DATE ON WHICH THE NEXT SCHEDULED "D" CHECK IS DUE IN ACCORDANCE WITH SECTION 3(B) OF THE LEASE. AMOUNT: $60,000 PER MONTH PLUS "D" CHECK RESERVES OF $75 PER FLIGHT HOUR, $55 PER ENGINE FLIGHT HOUR PER ENGINE AND $25 PER AIRFRAME FLIGHT HOUR FOR APU OVERHAUL.
PROPERTY SUBJECT TO LEASE. (a) THE “
PROPERTY SUBJECT TO LEASE. Lessor, hereby leases unto Lessee for the term and upon the rental conditions described herein, for the exclusive and non-exclusive use, by Lessee, together with Lessee's Affiliates and Ground Handling Contractor as designated in Exhibit B Affiliates & Ground Handling Contractors, incorporated herein by this reference and made a part of this Agreement, whose operations also shall be considered that of "Lessee" hereunder, for the purpose described in paragraph 2 below, certain real property located within the Airport Terminal, referred to as Airline Space #1 and more specifically described in Paragraph 3 below, and further delineated in Exhibit A JetBlue Airways Corporation 2020-21 Operating Season, incorporated herein by this reference ("Premises" or "Exclusive Space").
PROPERTY SUBJECT TO LEASE. Collectively, the Premises and the Non-Exclusive Use Areas constitute the “Property”. Tenant desires to utilize the Property for the Business Objective and for vehicular and pedestrian movements, employee parking, lunchroom, and restroom use, and to work compatibly with the District’s obligations to manage the Property, all in support of Tenant’s Business Objective. The term “Site” as used in this Lease includes the Property and all other portions of the PHMRF that Tenant may not access or utilize.
PROPERTY SUBJECT TO LEASE. Notwithstanding any provision of this ------------------------- Agreement to the contrary, the Partnership and the Sellers acknowledge and agree that they have entered into this Agreement with the intention that the Partnership is purchasing the Property subject to that certain Lease by and between Xxxxxx and Xxxx, a Maryland general partnership, and Price Buick- Pontiac, Inc., and The Price Organization dated December 10, 1991 (the "Price Lease") and subject to the right of first refusal contained therein. It is agreed that Good News Salisbury, Inc. shall guaranty the performance of Price Buick-Pontiac, Inc. and The Price Organization under the Price Lease using a Guaranty and Subordination Agreement substantially in the form attached hereto as Exhibit 2.4(c). No later than five (5) days before the Closing Date, Good -------------- News Salisbury, Inc. shall execute a standby lease for the Property in the form substantially attached hereto as Exhibit 2.4(a) (the "Company Lease"). The -------------- Company Lease shall become effective upon the termination of the Price Lease for any reason during the term of the Price Lease. Notwithstanding provisions to the contrary in this agreement, to the extent that obligations, indemnities or liabilities that an owner of real property would ordinarily bear have become obligations of the tenant under the Price Lease, such obligations, indemnities and liabilities shall herein be the obligations of the tenant under the Price Lease, and Good News Salisbury, Inc. hereby covenants that if the tenant under the Price Lease fails to perform any of such obligations, honor such indemnities, or discharge such liabilities, Good News Salisbury, Inc. shall perform any of such obligations, honor each of such indemnities, and discharge all of such liabilities, and this covenant shall survive the Closing of the transactions contemplated herein and continue for the remainder of the term of the Price Lease. The Seller hereby agrees to take all steps necessary to present this Agreement to the tenant under the Price Lease, in conformity therewith, and to notify the Partnership promptly if (a) the tenant under the Price Lease exercises its right to purchase the Property and if such tenant in fact purchases the Property, then all of the Partnership's obligations hereunder shall cease and determine, or (b) if the tenant under the Price Lease fails to exercise its right of first refusal, then Seller shall (i) notify the partnership, and (ii) ...
PROPERTY SUBJECT TO LEASE. THE IMPROVEMENTS
PROPERTY SUBJECT TO LEASE. (1) Embraer EMB-120RT Brasilia Aircraft, (2) Xxxxx & Xxxxxxx XX-118 engines and other related equipment. Lessee: SkyWest Airline, Inc. Term: *[December 9, 1999] through Amount: *[December 9, 2004], subject to a three year renewal right of SkyWest.
PROPERTY SUBJECT TO LEASE. (1) Embraer EMB-120RT Brasilia Aircraft, (2) Xxxxx & Xxxxxxx XX-118 engines and other related equipment. Lessee: SkyWest Airline, Inc. Term: December 9, 1998 through 5-year term, subject to one 3-year renewal term at the option of Lessee. Amount: $42,500 per month
