Representations and Covenants of Landlord Sample Clauses

Representations and Covenants of Landlord. As of the Effective Date of this Lease, Landlord represents, warrants and covenants to Tenant as follows:
Sample 1Sample 2
AutoNDA by SimpleDocs
Representations and Covenants of Landlord. (a) Landlord represents and warrants that Landlord has good and marketable fee simple title to the Property. There are no encumbrances or liens (including other tenancies) against the Premises except those which are listed on Exhibit F attached hereto. Landlord shall obtain a non-disturbance agreement (“NDA”) from any third party who has, or obtains during the Term, a lienhold interest in the Premises, including any lenders (each, a “Holder”), which NDA shall (i) acknowledge and consent to this Agreement and Tenant’s rights in the System and the Premises, (ii) acknowledge that the Holder has no interest in the System and shall not gain any interest in the System by virtue of the parties’ performance or breach of this Agreement, and (iii) subordinates any lien (recorded or unrecorded) and any other right or interest of the Holder in the Premises to this Agreement in all respects, including without limitation any amendments, modifications, expansions or extensions hereof.
Sample 1
Representations and Covenants of Landlord. Landlord represents and warrants that:
Sample 1
Representations and Covenants of Landlord. On the date hereof and hereafter during the Term, Landlord represents that no addition or alteration shall be made of the Development which permanently, materially, and adversely diminishes the accessibility of the Leased Premises to and from the Shared Roadway, as more particularly identified in the Declarations. The foregoing representation is a material consideration and inducement to Tenant in executing this Lease, the breach of which will cause irreparable and severe harm to Tenant. In addition, Landlord represents that it has fee simple title to the Leased Premises.
Sample 1
Representations and Covenants of Landlord 
Sample 1Sample 2

Related to Representations and Covenants of Landlord

  • Representations and Covenants of the Trust A. The Trust hereby represents and warrants to the Distributor, which representations and warranties shall be deemed to be continuing throughout the term of this Agreement, that:

  • Representations and Warranties of Landlord Landlord represents and warrants to Tenant as follows:

  • Representations and Covenants In accordance with IRS Notice 2001-82 and IRS Notice 88-129, the Interconnection Customer represents and covenants that (i) ownership of the electricity generated at the Large Generating Facility will pass to another party prior to the transmission of the electricity on the CAISO Controlled Grid, (ii) for income tax purposes, the amount of any payments and the cost of any property transferred to the Participating TO for the Participating TO's Interconnection Facilities will be capitalized by the Interconnection Customer as an intangible asset and recovered using the straight-line method over a useful life of twenty (20) years, and (iii) any portion of the Participating TO's Interconnection Facilities that is a “dual-use intertie,” within the meaning of IRS Notice 88-129, is reasonably expected to carry only a de minimis amount of electricity in the direction of the Large Generating Facility. For this purpose, “de minimis amount” means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88- 129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At the Participating TO’s request, the Interconnection Customer shall provide the Participating TO with a report from an independent engineer confirming its representation in clause (iii), above. The Participating TO represents and covenants that the cost of the Participating TO's Interconnection Facilities paid for by the Interconnection Customer without the possibility of refund or credit will have no net effect on the base upon which rates are determined.

  • Representations and Covenants of the Holder This Warrant has been entered into by the Company in reliance upon the following representations and covenants of the Holder, which by its execution hereof the Holder hereby confirms:

  • Representations and Covenants of the Company The Company makes the following representations and covenants in order to induce the Agency to proceed with the Project:

  • Representations, Warranties and Covenants of the Trust The Trust represents, warrants and covenants that:

  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF BORROWER In order to induce Silicon to enter into this Agreement and to make Loans, Borrower represents and warrants to Silicon as follows, and Borrower covenants that the following representations will continue to be true, and that Borrower will at all times comply with all of the following covenants, throughout the term of this Agreement and until all Obligations have been paid and performed in full:

  • WARRANTIES, REPRESENTATIONS AND COVENANTS Mortgagor warrants, represents and covenants to Mortgagee as follows:

  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE BORROWER In order to induce Silicon to enter into this Agreement and to make Loans, Borrower represents and warrants to Silicon as follows, and Borrower covenants that the following representations will continue to be true, and that Borrower will at all times comply with all of the following covenants:

Time is Money Join Law Insider Premium to draft better contracts faster.