The Lessee Undertakes Clause Samples
The 'The Lessee Undertakes' clause sets out specific obligations and responsibilities that the lessee must fulfill under the lease agreement. Typically, this clause details actions such as maintaining the property, paying rent on time, complying with relevant laws, and refraining from unauthorized alterations or uses of the premises. By clearly outlining what is expected of the lessee, this clause ensures both parties understand the lessee's duties, thereby reducing the risk of disputes and promoting smooth operation of the lease.
The Lessee Undertakes. 3.1 To ensure that any structure, article or equipment that is situated on the stand and that forms part of the stall is placed with the necessary expertise and care so that it constitutes no risk of danger that may result in any injury, damage or death to any person or persons.
3.2 The lessee undertakes, on the signing of this contract, to release the Municipality, and to honour this release, against any and all steps, claims, compensation and costs that are levied or brought against the Municipality, or against any compensation that the Municipality or any person in its employ or person acting on its behalf, may pay or agree to as a result of any negligence of its part as the Lessor. I, the undersigned stallholder hereby declare that I studied the Application (Part A) and the Agreement (Part B) as well as the I.E.A Rules and Regulations, and agree to abide by it. Signed at …………………………………..on this day of ………..20.. Witnesses: 1………………………………………….. 2…………………………………………………..
The Lessee Undertakes. 2.1.1 To pay timely the lease amounts as agreed on ATTACHMENT II hereof.
2.1.2 Insure, preserve, and maintain on its own account the EQUIPMENT in perfect condition during the term of this AGREEMENT, except for the natural wear and tear arising from the EQUIPMENT use and operation of the EQUIPMENT.
2.1.3 The EQUIPMENT shall not be used for purposes other than the intended purposes, and different from industry standards, or causing the deterioration and damages to EQUIPMENT, excluding those arising from the regular use.
2.1.4 Allow the access to LESSOR’s representatives during business hours, for inspection according to the Seventh Paragraph.
2.1.5 Inform LESSOR of any and all trespass by third parties.
2.1.6 Return the EQUIPMENT at the termination of the lease in the same condition as they were received, and no compensation of the natural wear and tear is applicable which arises from the regular use of the EQUIPMENT.
2.1.7 No change shall be made to the EQUIPMENT structure and components thereof, without LESSOR’s prior authorization.
2.1.7.1 LESSEE is not entitled to receive, reimburse or withhold any improvement required or useful to the performance of the EQUIPMENT, with or without LESSOR’s express consent.
2.1.8 Being liable for any damage or loss caused to LESSOR or third parties resulting from its representatives and/or employee’s acts or omission arising to the lease.
2.1.9 Preserve and hold LESSOR exempt from any claims, demands, complaints, representations whatsoever arising from the action or omission thereof, or subcontracted action or omission.
2.1.10 It shall hold LESSOR harmless from any and all indemnity claim for losses and damages or any losses suffered by LESSEE in respect to this AGREEMENT, regardless of whether proper and sufficient insurance had contracted for such circumstances.
2.1.11 To be liable for the correct use, keeping and conservation of EQUIPMENT, materials and tools, provided by LESSOR, as well as reimbursing LESSEE for occasional loss, damage, deterioration or depreciation if they are not related to regular performance of this AGREEMENT.
2.1.12 Contract for insurance according to the Sixth Paragraph of this AGREEMENT.
2.1.13 Except upon LESSOR’s prior and express consent, the assets in guarantee of this AGREEMENT should not be disposed, leased, sublet, or transferred under any title.
2.1.14 Bearing with replacement costs regarding the EQUIPMENT, tools, spare parts, material and accessories for the EQUIPMENT and expenses of a...
The Lessee Undertakes. 1. To pay the rent to the Lessor properly and in time. To the account of the facility management IBAN: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇
2. To not sublet the Lease Subject without the previous written consent of the Lessor and to not transfer their rights or duties hereunder.
3. If the term of lease expires in any way, to remove the Equipment and all the other related installations of the Lessee from the Lease Subject and put the Lease Subject into original condition, taking into account common wear, and to hand over the Lease Subject in clean and tidy condition to the Lessor.
4. In case of change of the location of the Lease Subject, to perform in cooperation with the Lessor any necessary steps so that the change of the location of the Lease Subject and relocation of the Equipment is carried out in compliance with the requirements of both Contracting Parties.
5. To keep the Equipment in working order during the whole term of lease.
6. The Lessee shall fulfil the duties resulting from Article 4 (a), (b), (c), (d), (e), (f), (g), (h), (o), (p), and ▇▇▇▇▇▇▇ ▇ (▇), (▇), (▇), (▇), (▇), (▇), (▇)
The Lessee Undertakes. 6.4.1. Return the Property to the Lessor in the term specified in the Agreement, in a clean condition, fully charged, as well as in full configuration and proper technical condition in accordance with the act of receipt-handover (if there is an indication of the receipt- handover act in the Agreement) drawn up on the day of rental, taking into account natural wear and tear;
6.4.2. Read the instructions for the use of a Rented car developed by the manufacturer of the Property before exploiting the Property;
6.4.3. To not use the Property as a tugboat for other vehicles;
6.4.4. To not use the Property in racing, training, for driving on impassable roads, cargo transportation, as well as for other purposes that contradict the legislation of the RA, if the Agreement does not provide for a clear purpose of renting the Property;
6.4.5. Ensure the complete harmless condition in the term of the Agreement;
6.4.6. At the request of the Lessor, provide the Property in a timely manner for maintenance and passing the state technical inspection;
6.4.7. Pay at his own expense for the parking spots of the Property, all fines and other penalties applied during the rent of the car. In the event of payment of these amounts by the Lessee, the Lessor undertakes an obligation to compensate the latter the full amount;
6.4.8. At the request of the Lessor, present documents confirming his driver's license;
6.4.9. At the corresponding request of the Company, in addition to the driver's license, provide copies of other documents to verify the identity of the Lessee;
6.4.10. In case of early termination of the Agreement, return the Property to the Lessor within 2 hours;
6.4.11. Compensate the damage caused by theft, damage or destruction of the Property or its individual parts, if such compensation is not reimbursed by the insurance company, regardless of whose fault the damage was caused by;
6.4.12. Not to sublease, as well as not to enter into transportation agreements with third parties, unless otherwise provided by the Agreement between the parties;
6.4.13. Not to drive the Property while under the influence of alcohol, or other narcotic drugs, as well as in an unhealthy/unwell state or in the state of exhaustion;
6.4.14. Not to destroy or repair the Property, not to install new equipment, as well as not to make any changes to the structure without the Lessor’s consent. If the Lessee destroys, repairs or installs new equipment in the Property without the Lessor’s consent, then th...
The Lessee Undertakes. 5.2.1 to care for and maintain the Premises and appurtenances mentioned in 5.1 in the good order and condition in which it was received throughout the continuance of this lease and to return and redeliver the same to the Lessor in like good order and condition, fair wear and tear excepted, and
5.2.2 to make good and repair, at the Lessee's own cost and charge, any damage, breakage or loss or alternatively to reimburse the Lessor for the cost of replacing, repairing or making good the same, and
5.2.3 to keep and maintain all sewerage pipes, water pipes, guttering and drains free from obstructions and blockage.