Rights of the Lessee. If at any time all obligations (i) of the Owner Trustee under the Credit Agreement, the Security Documents and the other Operative Agreements and (ii) of the Lessee under the Operative Agreements have in each case been satisfied or discharged in full, then the Lessee shall be entitled to (a) terminate the Lease and (b) receive all amounts then held under the Operative Agreements and all proceeds with respect to any of the Properties. Upon the termination of the Lease pursuant to the foregoing clause (a), the Lessor shall transfer to the Lessee all of its right, title and interest free and clear of the Lien of the Lease, the Lien of the Security Documents and all Lessor Liens in and to any Properties then subject to the Lease and any amounts or proceeds referred to in the foregoing clause (b) shall be paid over to the Lessee.
Rights of the Lessee. The lessee shall have the right to:
3.1 Develop and administer the land in accordance with the terms of this agreement.
3.2 Build, whenever deemed appropriate, infrastructures such as dams, water boreholes, power houses, irrigation systems, roads, bridges, offices, residential buildings, fuel stations, health and educational institutions by submitting permit request to the concerned authorities with their consultation and subject to the type and size the investment project.
3.3 Develop or administer the leased land by himself or through a legally represented individual or entity. (A person or an institution with the power of attorney)
3.4 Develop, cultivate the leased land and collect the harvest by employing modern machineries (tools) and other appropriate methods.
3.5 Obtain additional land based on the performance, achievement and need of the company.
3.6 Terminate the land lease contractual agreement subject to at least six months prior written notice with convincing reason and good cause.
Rights of the Lessee. (a) The Lessor hereby grants and leases to the Lessee the exclusive right and privilege, subject to the terms and conditions of this lease and applicable regulations, to:
(1) submit to the Lessor for approval a Site Assessment Plan (SAP) and Construction and Operations Plan (COP) for the project identified in Addendum “A” of this lease; and (2) conduct activities in the area identified in Addendum “A” of this lease (“leased area”) and/or Addendum “D” of this lease (“project easement(s)”), that are described in a SAP or COP that has been approved by the Lessor. This lease does not, by itself, authorize any activity within the leased area.
(b) The rights granted to the Lessee herein are limited to those activities described in any SAP or COP approved by the Lessor. The rights granted to the Lessee are limited by the lease-specific terms, conditions, and stipulations required by the Lessor per Addendum “C.”
(c) This lease does not authorize the Lessee to conduct activities on the Outer Continental Shelf (OCS) relating to or associated with the exploration for, or development or production of, oil, gas, other seabed minerals, or renewable energy resources other than those renewable energy resources identified in Addendum “A.”
Rights of the Lessee regarding the vehicle
1. Lessor represents and Lessee acknowledges that the vehicle constitutes the exclusive property of Lessor. Lessor notifies Lessee that for the purpose of purchasing the vehicle it has concluded or may in the future conclude a bank loan agreement and a collateral agreement to secure the loan, pursuant to which the vehicle is, or may be encumbered.
2. The Lessee acknowledges that with the rental agreement Lessee shall obtain only and exclusively a right of possession and use in respect of the vehicle. During the term of the rental agreement, the Lessor warrants to the Lessee the undisturbed use of the vehicle, except for the cases specified in these GTC.
3. In the absence of a written agreement between the Parties to contrary effect, or a written authorisation by the Lessor, the Lessee may not relinquish the use of the vehicle to any third party either free of charge or for a valuable consideration. Persons to whom the Lessor has issued a written authorisation shall not be deemed as third parties, however, both in the case of use constituting breach of contract and authorised assignment of use, the Lessee shall be liable for the conduct of persons whom it has allowed use of the vehicle, as well as for damage or costs arising therefrom. Lessor hereby notifies lessees that if the Lessee rents a car with a foreign license plate, it shall comply with the rules included in Act I of 1988 on Road Traffic when using the vehicle, including keeping a copy of the rental agreement, the lessor’s permission and proof of payment of the registration tax on the lessee’s person. Lessor shall not be held liable for the consequences of the absence of such documents.
4. The Lessee may not dispose over the vehicle as its own, in particular it may not sell the vehicle, pledge the vehicle, or encumber it in any other way, and may not bind it by a contract or otherwise under terms of any kind.
5. Should a third party put forth a claim on the vehicle for any reason, or wish to take any measure in connection with the vehicle that would affect the legal relationship between the Parties in any way, the Parties shall mutually, immediately inform such third party that the vehicle constitutes the exclusive property of the Lessor, that the Lessee is the legitimate user of the vehicle, and that it may be encumbered by the above rights instituted in favour of the Bank. If despite the information provided according to the aforesaid such third party implements any kind of...
Rights of the Lessee. 7.1. Freely use the Premises and exercise all other rights of the Lessee under this Agreement during the Lease Term, without any interference or obstruction on the part of the Lessor.
Rights of the Lessee. (a) The Lessor hereby grants and leases to the Lessee the exclusive right and privilege, subject to the terms and conditions of this lease and applicable regulations, to: (1) submit to the Lessor for approval a Site Assessment Plan (SAP) and Construction and Operations Plan (COP) for the project identified in Addendum “A” of this lease; and (2) conduct activities in the area identified in Addendum “A” of this lease (“leased area”) that are described in a SAP or COP that has been approved by the Lessor. This lease does not, by itself, authorize any activity within the leased area.
(b) The rights granted to the Lessee herein are limited to those activities described in any SAP or COP approved by the Lessor. The rights granted to the Lessee are limited by the lease-specific terms, conditions, and stipulations required by the Lessor per Addendum “C.”
(c) This lease does not authorize the Lessee to conduct activities on the Outer Continental Shelf (OCS) relating to or associated with the exploration for, or development or production of, oil, gas, other seabed minerals, or renewable energy resources other than those renewable energy resources identified in Addendum “A.”
Rights of the Lessee. If at any time all obligations (i) of the Owner Trustee under and in accordance with the Credit Agreement, the Security Documents and the other Operative Agreements and (ii) of the Credit Parties under the Operative Agreements have in each case been satisfied or discharged in full, then the Credit Parties shall be entitled to (a) terminate the Lease and the guaranty obligations of the Guarantor and the Tranche A Guarantors arising under and in accordance with the Credit Agreement and (b) receive all amounts then held under the Operative Agreements and all proceeds with respect to any of the Properties. Upon the termination of the Lease and the guaranty obligations of the Guarantor and the Tranche A Guarantors pursuant to the foregoing clause (a), the Lessor shall transfer to the Lessee or its designee all of its right, title and interest free and clear of the Lien of the Lease, the Lien of the Security Documents and all Lessor Liens in and to any Properties then subject to the Lease and any amounts or proceeds referred to in the foregoing clause (b) shall be paid over to the Lessee.
Rights of the Lessee. If at any time all payment obligations (i) of the Owner Trustee under the Credit Agreement, the Security Documents and the other Operative Agreements and (ii) of the Lessee under the Operative Agreements have in each case been satisfied or discharged in full, then the Lessee shall be entitled to (a) terminate the Lease and (b) receive all amounts then held under the Operative Agreements and all proceeds with respect to any of the Properties. Upon the termination of the Lease pursuant to the foregoing clause (a), the Lessor shall transfer to the Lessee all of its right, title and interest in the Properties free and clear of the Lien of the Lease, the Lien of the Security Documents and all Lessor Liens in and to any Properties then subject to the Lease and any amounts or proceeds referred to in the foregoing clause (b) shall be paid over to the Lessee and all Uniform Commercial Code financing statements filed in connection with the transactions evidenced by the Operative Agreements shall be terminated.
Rights of the Lessee. The lessee shall have the right to:
3.1 Develop and administer the land in accordance with the terms of this agreement.
3.2 Build, whenever deemed appropriate, infrastructures such as dams, water boreholes, power houses, irrigation systems, roads, bridges, offices, residential buildings, ways of fuel supplies, health and educational institutions by submitting permit request to the concerned authorities with their consultation and subject to the type and size the investment project.
3.3 Develop or administer the leased land by himself or through a legally represented individual. (A person with the power of attorney)
3.4 Develop, cultivate the leased land and collect the harvest by employing modern machineries (tools) and other appropriate methods.
3.5 Obtain additional land based on the performance, achievement and need of the company.
Rights of the Lessee. 1. To use the Apartment, Equipments, Common Facilities in compliance with provisions of the Agreement, Internal Regulations, and the regulations of the Board of Management. 2. Other rights as stipulated herein. B. Responsibilities of the Lessee: 1. To pay the Rent, Security Deposit and other fees fully and properly.
