Common use of Requirements of Public Authority Clause in Contracts

Requirements of Public Authority. Lessee, for and in consideration of this Lease and the demise of the said premises, hereby agrees and covenants with Lessor that during the term of this Lease, Lessee shall, at it's own cost and expense, promptly observe and comply with all present and future municipal, state and federal ordinances, laws rules, and regulations affecting the demised premises or appurtenances thereto, or any part thereof, whether the same are in force and effect at the time of the commencement of the term of this Lease or may in the future be passed, enacted, or directed, and Lessee shall pay all costs, expenses, liabilities, losses, damages, fines, penalties, claims, and demands, including reasonable attorney's fees, that may in any manner arise out of or be imposed because of the failure of the Lessee to comply with the covenants and agreements of this paragraph VII. Further, Lessee hereby agrees and covenants with Lessor that if Lessee fails to comply promptly with any present or future municipal, state, and federal ordinances, laws, rules, and regulations, or fails to comply by such time that compliance may be required by law, Lessor may, at Lessor's option, take such actions as may be necessary to comply with all present and future municipal, state, and federal ordinances, laws, rules, and regulations, and Lessee hereby agrees and covenants to repay the cost incurred by Lessor in taking such action to Lessor on demand.

Appears in 2 contracts

Samples: Lease Agreement (Advanced Optics Electronics Inc), Lease Agreement (Advanced Optics Electronics Inc)

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Requirements of Public Authority. Lessee, for and in consideration of this Lease and the demise of the said premisesPremises, hereby agrees and covenants with Lessor that that, Subject to Section V above, during the term of this Lease, Lessee shall, at it's its own cost and expense, promptly observe and comply with all present and future municipal, state state, and federal ordinances, laws laws, rules, and regulations affecting the demised premises Demised Premises or appurtenances thereto, or any part thereof, whether the same are in force and effect at the time of the commencement of the term of this Lease or may in the future be passed, enacted, or directed, directed and Lessee shall pay all costs, expenses, liabilities, losses, damages, fines, penalties, claims, claims and demands, including reasonable attorney's fees, that may in any manner arise out of or be imposed because of the failure of the Lessee to comply with the covenants and agreements of this paragraph VII. Further, Lessee hereby agrees and covenants with Lessor that if Lessee fails to comply promptly with any present or future municipal, state, and federal state or federa1 ordinances, laws, rules, and regulations, or fails to comply by such time that compliance may be required by lawlaw and such failure continues for fifteen (15) days after Lessee’s receipt of written notice thereof, Lessor may, at Lessor's option, take such actions as may be necessary to comply with all present and future municipal, state, state and federal ordinances, laws, rules, and regulations, and Lessee hereby agrees and covenants to repay Lessor within thirty (30) days after receipt of written demand, together with appropriate supporting documentation, the actual and reasonable cost incurred by Lessor in taking such action to Lessor on demandaction.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tattooed Chef, Inc.)

Requirements of Public Authority. Lessee, for and in consideration of this Lease and the demise of the said premises, hereby agrees and covenants with Lessor that during the term of this Lease, Lessee shall, at it's its own cost and expense, promptly observe and comply with all present and future municipal, state state, and federal ordinances, laws laws, rules, and regulations affecting the demised premises or appurtenances thereto, or any part thereof, whether the same are in force and effect at the time of the commencement of the term of this Lease or may in the future be passed, enacted, or directed, and Lessee shall pay all costs, expenses, liabilities, losses, damages, fines, penalties, claims, and demands, including reasonable attorney's fees, that may in any manner arise out of or be imposed because of the failure of the Lessee to comply with the covenants and agreements of this paragraph VII. Further, Lessee hereby agrees and covenants with Lessor that if Lessee fails to comply promptly with any present or future municipal, state, and federal ordinances, laws, rules, and regulations, or fails to comply by such time that compliance may be required by law, Lessor may, at Lessor's option, take such actions as may be necessary to comply with all present and future municipal, state, and federal ordinances, laws, rules, and regulations, and Lessee hereby agrees and covenants to repay the cost incurred by Lessor in taking such action to Lessor on demand.

Appears in 1 contract

Samples: Lease Agreement (Ionatron, Inc.)

Requirements of Public Authority. Lessee, for and in consideration of this Lease and the demise of the said premises, hereby agrees agress and covenants with Lessor that during the term of this Lease, Lessee shall, at it's its own cost and expense, promptly observe and comply with all present and future municipal, state state, and federal ordinances, laws laws, rules, and regulations affecting the demised premises or appurtenances apportenances thereto, or any part thereof, thereof whether the same are in force and effect at the time of the commencement of the term of this Lease or may in the future be passed, enacted, or directed, and Lessee shall pay all costs, expenses, liabilities, losses, damages, fines, penalties, claims, and demands, including reasonable attorney's fees, that may in any manner arise out of or be imposed because of the failure of the Lessee to comply with the covenants and agreements of this paragraph VII. Further, Lessee hereby agrees and covenants with Lessor that if Lessee fails to comply promptly with any present or future municipal, state, and federal ordinances, laws, rules, and regulations, or fails to comply by such time that compliance may be required by law, Lessor may, at Lessor's option, take such actions as may be necessary to comply with all present and future municipal, state, and federal ordinances, laws, rules, and regulations, and Lessee hereby agrees and covenants to repay the cost incurred by Lessor in taking such action to Lessor on demand.

Appears in 1 contract

Samples: Lease (Cytodyn Inc)

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Requirements of Public Authority. Lessee, for and in consideration of this Lease and the demise of the said premises, hereby agrees and covenants with Lessor that during the term of this Lease, Lessee lessee shall, at it's its own cost and expense, promptly observe and comply with all present and future municipal, state state, and federal ordinances, laws laws, rules, and regulations affecting the demised premises or appurtenances thereto, or any part thereof, whether the same are in force and effect at the time of the commencement of the term of this Lease or may in the future be passed, enacted, or directed, and Lessee lessee shall pay all costs, expenses, liabilities, losses, damages, fines, penalties, claims, and demands, including reasonable attorney's fees, that may in any manner arise out of or be imposed because of the failure of the Lessee to comply with the covenants and agreements of this paragraph VII. Further, Lessee hereby agrees and covenants with Lessor that if Lessee fails to comply promptly with any present or future municipal, state, and federal ordinances, laws, rules, and regulations, or fails to comply by such time that compliance may be required by law, Lessor may, at Lessor's option, take such actions as may be necessary to comply with all present and future municipal, state, and federal ordinances, laws, rules, and regulations, and Lessee hereby agrees and covenants to repay the cost incurred by Lessor in taking such action to Lessor on demand.

Appears in 1 contract

Samples: Lease (Palatin Technologies Inc)

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