THE LESSEE’S COVENANTS Sample Clauses

THE LESSEE’S COVENANTS. The Lessee covenants to the Lessor as follows: 8.1 Throughout the Lease term and including the renewal hereof, the Lessee agrees to be responsible for payment of the signboard tax, if any, and any expenses concerning the Lessee's business operation. 8.2 The Lessee shall be responsible to pay the water, electricity, telephone charges and any other fees incurred from the use of said Leased Premises. 8.3 The Lessee agrees to let the Lessor or its authorized representatives to enter and inspect the Leased Premises during normal office hours, upon reasonable prior notice and within one month after the Lessor shall have given written notice to the Lessee of any defects, decays or want of reparation, to repair and make good the same. 8.4 The Lessee agrees not to erect any structure, nor to make or suffer to be made any alteration or improvement in or additions to or upon the Leased Premises nor to commit or permit or suffer any waste spoilage or destruction in or upon the Leased Premises without the written consent of the Lessor. During the lease period the Lessee shall have the right to install, operate and remove, regardless of how attached or fixed to the Leased Premises, all machinery, equipment, fixtures, materials, and things as are required for its business, subject to any necessary prior governmental approvals. 8.5 Upon termination hereof and/or upon expiration of the lease term or renewal hereof (if any), it shall be deemed that the immovable properties obtained after this lease is executed e.g. any building constructed thereon, including permanent fixtures such as air pipes, electrical wires and other similar kind of property shall all become the Lessor. Subject to Clause 8.7 hereof, all movable properties brought and installed within the Leased Premises after this lease is in force e.g. machinery and accessories installed thereon, irrespective of whether permanent or temporary shall be deemed as belonging to the Lessee and the Lessee is entitled to move those properties whether before or after the termination hereof within reasonable time, without obtaining written consent from the Lessor. 8.6 The parties agreed that the Lessor shall keep insure the Leased Premises to its full value throughout the lease term by specifying the Lessor as beneficiary and the Lessor shall have the duty to pay the premium. The Lessee will be charged in proportion of the leased space and will pay the Lessor the premium as calculated. 39 In additional, the Lessee shall be ent...
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THE LESSEE’S COVENANTS. The Lessee covenants, represents and warrants to the Lessor as follows:
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THE LESSEE’S COVENANTS. The Lessee agrees to Lease from the Municipality those lands and/or premises of the Municipality as outlined in blue on Schedule ‘A’ attached hereto (the “Premises”)
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THE LESSEE’S COVENANTS. 6.1 The Lessee hereby covenants with the Lessor and with the owners for the time being of the Other Flats that the Lessee will observe and perform the obligations on the part of the Lessee set out in both parts of the Sixth Schedule hereto
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THE LESSEE’S COVENANTS. The Lessee hereby covenants with the Lessor that the Lessee until the expiration of the Term and for such further time as the Lessee, or any other person or persons claiming through or under the Lessee shall hold the Premises or any part thereof: (a) will pay to the Lessor all rental at the time and in the manner herein set forth; (b) will at all times maintain all walls of the Premises (including, without limitation, the so called glass or storefront), the floor and subfloor therein (but excluding any structural portion thereof as provided in Section 28 hereof), and the interior of the Premises, (including, without limitation the heating, ventilating, air conditioning, - - plumbing, sanitary sewage, electric, sprinkler and lighting systems and equipment therein (excluding, however any main trunk lines of any such system, but including any branch runs and leads) and all floor coverings, doors, door frames and door openers) in as good, clean and safe repair, order and condition as same were at the Commencement Date or may be put in thereafter, and all alterations, improvements, restoration, repairs, replacements or renovations to the Premises required by any and all laws, ordinances, rules, the regulations or requirements of all public authorities or the fire insurance rating association having jurisdiction, all whether ordinary or extraordinary; all replacements to be of the same kind and quality as those which are replaced; provided, however, that the Lessee shall not be responsible for repairs made necessary by accidental fire or other insured unavoidable casualty; (c) will make all repairs (whether interior, exterior, structural, nonstructural, ordinary or extraordinary) made necessary by the negligence or misuse of the Premises or the fixtures therein or appurtenances thereto by the Lessee, its agents, employees, customers or invitees, or by any forcible entry, vandalism or malicious mischief not reimbursable by the Lessor's insurance; (d) will pay all charges for light heat, hot and cold water, electric current and any other services or utilities furnished to the Premises; (e) will not assign this lease or sublet to any person, firm or corporation the whole or any part of the Premises, or permit any person, firm or corporation other than the Lessee to use or occupy the whole or any part thereof without obtaining on each occasion the prior written consent of the Lessor, which consent will not be unreasonably withheld, - 12- (1) will always conduct its ...
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THE LESSEE’S COVENANTS. The Lessee covenants with the Lessor as follows: 4.1 to pay:- 4.1.1 the rents and the service charge on the days and in the manner set out in this Lease and not to exercise or seek to exercise any right or claim to withhold the rents 4.1.2 a fair and proper proportion of the Estate Service Charge as defined in the Transfer 4.1.3 a fair and reasonable proportion (according to user) of the costs incurred by the Lessor in respect of the Access Road Contribution as defined in the Transfer 4.2 to pay or procure the payment of and indemnify the Lessor against 4.2.1 all community charge rates assessments duties charges impositions and outgoings assessed or imposed upon the Lessee or other occupiers of the Demised Premises 4.2.2 all VAT or tax of a similar nature that may be substituted for it or levied in addition to it chargeable in respect of any payment made by the Lessor where the Lessee agrees in this Lease to reimburse the Lessor for such payment 4.3 to repair clean replace and keep in good and substantial repair the Demised Premises 4.4 not to bring keep store stack or lay out upon the Communal Areas materials crates cartons boxes or any other item that is or might become untidy unclean unsightly or in any way detrimental to the Demised Premises or the area generally 4.5 not to deposit or permit to be deposited waste rubbish or any other refuse on any of the Communal Areas 4.6 to pay to the Lessor on demand a fair and reasonable proportion fairly attributable to the Demised Premises to be conclusively determined by the Surveyor acting as independent expert and not as arbitrator of the expenses of repairing and maintaining or rebuilding all party and other walls fences gutters sewers and drains roadways pavements entrance ways stairs and passages used in connection with the Demised Premises and/or the Communal Areas 4.7 as often as the Lessor may reasonably consider necessary to clean and treat in an appropriate manner all materials surfaces and finishes of the Demised Premises 4.8 to use the Demised Premises for the purpose only of storage and distribution Use Class B8 of the Town & Country Planning (Use Classes) Order 1987 as at the date this Lease is granted 4.9 4.9.1 not to use the Demised Premises for a sale by auction or for any dangerous noxious noisy or offensive trade business manufacture or occupation or for any illegal or immoral act or purpose nor to do or bring or allow to remain upon the Demised Premises anything that may be or become or cause...
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THE LESSEE’S COVENANTS. The Lessee hereby covenants with the Lessor that the Lessee until the expiration of the Term and for such further time as the Lessee, or any other person or persons claiming through or under the Lessee shall hold the Premises or any part thereof: (a) will pay to the Lessor all rental at the time and in the manner herein set forth; (b) will at all times maintain all walls of the Premises (including, without limitation, the so-called glass or storefront), the floor and subfloor therein (but excluding any structural portion thereof as provided in Section 28 hereof), and the interior of the
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THE LESSEE’S COVENANTS. 1.1 The Lessee agrees to Lease from the Municipality those lands and/or premises of the Municipality as outline in blue on Schedule ‘A’ attached hereto (the “Site”) 1.2 The Lessee agrees to Lease the land for the term of five (5) years to commence on October 1, 2019 until December 31, 2023. 1.3 The Lessee agrees to pay the Lessor on an annual basis, every year, during the said term and hereby agrees to pay $1,220.40 Dollars per year including H.S.T., of lawful money of Canada, without any deduction, defalcation or abatement whatsoever to be payable annually on the following days and times, that is to say: The sum of $1,220.40 including H.S.T. on October 1st of each year during the term herein. 1.4 Late payment under this Agreement is subject to a 1.25% per month interest penalty in accordance with Municipal policy, as amended from time to time. In accordance with the Municipal collection policy the defaulted account shall be referred to a collection agency thirty (30) days after the third collection letter is sent and the debtor has not responded. The debtor will be notified by letter that the account is being referred to a collection agency and that future correspondence should be with that agency. If the annual lease payment is not paid in full to the Municipality after 120 days from the due date of October 1st of each year, the Lease Agreement shall be terminated immediately. The defaulted annual lease payment for the year the Agreement is terminated shall remain the debt of the Lessee. 1.5 The Lessee agrees to maintain the Parking Lot during the term of this Agreement. 1.6 In performing its responsibilities, the Lessee shall take care not to damage or destroy the lands, premises or personal property of the Municipality or within the vicinity. Should any damage occur, the Lessee shall, at its expense, repair or replace any of the Municipality’s property damaged or destroyed by the Lessee. 1.7 The Lessee agrees to insure against damage or destruction and shall maintain appropriate public liability and property damage insurance covering the Lessee’s operation on Site. 1.8 The Lessee agrees to indemnify and hold the Municipality harmless from and against all liability that the Municipality maybe incur as a result of damage or destruction to property and injury or death to persons in any way caused by the installation of the Lessee located on the Site, or due to the negligence of the Lessee or its contractors. 1.9 The Lessee shall be responsible for any and...
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THE LESSEE’S COVENANTS 
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Related to THE LESSEE’S COVENANTS

  • LESSEE'S COVENANTS The Lessee agrees, warrants and represents that it shall commit no waste to the Demised Premises, nor suffer the same to be committed thereon, nor injure nor misuse the same; and further agrees, warrants and represents that the Lessee has neither the right nor the power to assign or hypothecate this Lease in any way whatsoever, except as otherwise provided in this Lease, or to make alterations or improvements to the demised premises, except non structural alterations in connection with the renovation of the demised premises for the permitted uses subject to the prior written approval of the Director of Operations , nor use the same for any purposes except as those expressly authorized herein or in accordance with the applicable provision of this Lease. The Lessee shall keep the premises in good condition, free of debris, safely and adequately for the uses and purposes hereby authorized. The Lessee shall deliver the premises up to Lessor upon the expiration or earlier termination of this Lease in reasonably good condition, normal wear and tear excepted, and the Lessee shall have no right nor obligation to remove any improvements to the Premises without the prior written consent of Lessor. Likewise, any fixtures, equipment, furnishings, supplies or inventory which are purchased or obtained, during the term of this Lease, by or for the Lessee utilizing any City operating or other revenue funds, including but not limited to state and federal funds administered by the City, shall become the property of Lessor upon the expiration or sooner termination of this Lease in good condition, normal wear and tear excepted, at the option of Lessor.

  • Tenant’s Covenants The Tenant hereby covenants with the Landlord as follows:

  • LANDLORD'S COVENANTS The Landlord hereby covenants with the Tenant as follows:

  • LESSOR'S COVENANTS The Lessor covenants and agrees that, unless the Agent and the Lenders shall have otherwise consented in writing: (a) it shall not amend its Partnership Agreement, except to admit limited partners in connection with lease transactions similar to the Transactions; (b) it shall not incur any indebtedness or other monetary obligation or liability, other than (i) non-recourse indebtedness incurred in connection with the Transactions or similar transactions and (ii) operating expenses incurred in the ordinary course of business that are not delinquent; (c) the proceeds of the Loans received from the Lenders will be used by the Lessor solely to acquire the Leased Property and to pay the Lessee for certain closing and transaction costs associated therewith and for the costs of Construction. No portion of the proceeds of the Loans will be used by the Lessor (i) in connection with, whether directly or indirectly, any tender offer for, or other acquisition of, stock of any corporation with a view towards obtaining control of such other corporation, (ii) directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of purchasing or carrying any Margin Stock, or (iii) for any purpose in violation of any Applicable Law; (d) it shall not engage in any business or activity, or invest in any Person, except for activities similar to its activities conducted on the date hereof, the Transactions and lease transactions similar to the Transactions; (e) it will maintain tangible net worth in an amount no less than the sum of (i) $100,000 plus (ii) 3% of its total assets (calculated assuming no reduction in the value of any leased property from its original cost to the Lessor); (f) it will deliver to the Agent, as soon as available and in any event within 90 days after the end of each fiscal year, a balance sheet of the Lessor as of the end of such fiscal year and the related statements of income, partners' capital and cash flows for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, together with copies of its tax returns, all certified by an officer of the general partner (and if the Lessor ever prepares audited financial statements, it shall deliver copies thereto the Agent); (g) it will permit the Agent and its representatives to examine, and make copies from, the Lessor's books and records, and to visit the offices and properties of the Lessor for the purpose of examining such materials, and to discuss the Lessor's performance hereunder with any of its, or its general partner's, officers and employees; (h) it shall not consent to or suffer or permit any Lien against the Leased Property, other than as expressly contemplated pursuant to the Operative Documents; (i) it shall not consent to or suffer or permit the creation of any easement or other restriction against the Leased Property other than as permitted pursuant to Article VI of the Lease; and (j) it shall promptly discharge each Lessor Lien and shall indemnify the Lenders and the Lessee for any diminution in value of any Leased Property resulting from such Lessor Liens.

  • Landlord’s Covenant Upon payment by the Tenant of the rents and other charges herein provided, and upon the observance and performance of all the covenants, terms and conditions on Tenant’s part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the Premises for the term hereby demised without hindrance or interruption by Landlord or any other person or persons lawfully or equitably claiming by, through or under the Landlord, subject, nevertheless, to the terms and conditions of this Lease.

  • Landlord’s Right to Perform Tenant’s Covenants Tenant covenants and agrees that, if it shall at any time fail to make any payment or perform any other act on its part to be made or performed as in this Lease provided, then Landlord, in its sole discretion may after due notice to, or demand upon, Tenant and subject to the limitations set forth below, make any payment or perform any other act on the part of Tenant to be made and performed as in this Lease provided, in such manner and to such extent as Landlord may reasonably deem desirable, and in exercising any such rights, Landlord may pay necessary and incidental costs and expenses, employ counsel, and incur and pay reasonable attorneys’ fees. The making of any such payment or the performing of any other act by Landlord pursuant to this Article shall not waive, or release Tenant from, any obligations of Tenant in this Lease contained. All sums so paid by Landlord and all reasonably necessary and incidental costs and expenses in connection with the performance of any such act by Landlord shall, except as otherwise in this Lease expressly provided, be payable to Landlord on demand, and Tenant covenants to pay any such sum or sums promptly, and Landlord shall have (in addition to any other right or remedy of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of default by Tenant in the payment of the Base Rent. Whenever practicable, Landlord, before proceeding as provided in this Section 12.4, shall give Tenant notice in writing of the failure of Tenant which Landlord proposes to remedy, and shall allow Tenant such length of time as may be reasonable in the circumstances, consistent with any grace periods contained herein, but not exceeding 30 days from the giving of notice, to remedy the failure itself and, if Tenant shall not remedy the failure in the time so allowed, Landlord shall be deemed to have given “due notice” and may proceed as provided in this Section 12.4; provided that nothing in this Section shall prevent Landlord from acting without notice to Tenant in case of any emergency wherein there is danger to property or person or where there may exist any violation of legal requirements including but not limited to the presence of Hazardous Materials, in which event no notice shall be required.

  • COVENANTS OF LANDLORD 22.1 Landlord represents and covenants that it has the right to make this Lease for the term aforesaid, and Landlord covenants that Tenant shall, during the term hereby created, freely, peaceably and quietly occupy and enjoy the full possession of the Premises without disturbance, molestation or hindrance by any person or entity whatever claiming an interest in the Premises prior or superior to Tenant's. Nothing in this Section 22.1, however, shall prevent Landlord from exercising any remedy available to it on account of an Event of Default by Tenant under this Lease. Landlord and Tenant each acknowledge and agree that Tenant's leasehold estate in and to the Premises vests on the date this Lease is fully executed by Landlord and Tenant, notwithstanding that the Lease Term will not commence until a future date. 22.2 Landlord hereby reserves to itself and its successors and assigns the following rights (all of which are hereby consented to by Tenant): (i) if imposed by Legal Requirements in Landlord's reasonable judgment after consultation with Tenant, if Tenant and/or its Affiliates are the lessees of more than fifty-one percent (51%) of the Premises, to change the street address and/or the arrangement and/or location of entrances, passageways, doors, doorways, corridors, elevators, stairs, toilets, or other public parts of the Building; and (ii) subject to compliance with Landlord's obligations pursuant to Sections 8.1 and 11.1, if imposed by Legal Requirements or if necessary for the proper functioning of the Premises after consultation with Tenant, if Tenant and/or its Affiliates are the lessees of more than fifty-one percent (51%) of the Premises, to erect, use and maintain pipes and conduits in and through the Premises; and (iii) to establish and maintain field offices in the Building for site engineers, property management and maintenance personnel comprising, in the aggregate, approximately 600 rentable square feet; and in number and locations that are typical for Class A suburban office buildings in the Market Area provided that, subject to the foregoing standards, Tenant shall have approval rights over the particular size and locations of such facilities, which approval shall not be unreasonably withheld, conditioned or delayed. Provided Landlord acts reasonably and diligently and in a manner not likely to materially, adversely affect Tenant's continuing and reasonably uninterrupted business functions, Landlord may exercise any or all of the foregoing rights without being deemed to be guilty of an eviction, actual or constructive, or a disturbance or interruption of the business of Tenant or of Tenant's use or occupancy of the Premises and without diminishing the rent payable hereunder.

  • Landlord Covenants At all times during the Term, Landlord covenants and agrees as follows:

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • Owner’s Covenants 13.1. The Owner covenants the following to the Lessee: 13.1.1. That the Lessee shall peaceably hold and enjoy the Leased Apartment during the Term of this Agreement and the Owner shall not interrupt or interfere with the Lessee’s lawful occupation, enjoyment or use of the Leased Apartment other than in an emergency or in the normal and lawful process of exercising or implementing the Owner’s rights and obligations under this Agreement. 13.1.2. To keep the Leased Apartment, and the Owner’s contents (if any), insured for such sums and on such terms as the Owner feels appropriate against fire and other risks normally covered by a comprehensive property insurance policy and any other such risks as the Owner considers necessary from time to time. 13.1.3. Except as otherwise herein provided, to keep the Leased Apartment and all internal parts thereof in good and substantial structural condition. 13.1.4. To take reasonable steps to ensure that the Leased Apartment, the installations therein for supply of water and electricity, and for sanitation, are safe, in proper working order and in repair both at commencement of, and during the term of, this Agreement. 13.1.5. To take reasonable steps to ensure that all smoke alarms, and security equipment (e.g. security cameras, security alarm system, etc) are kept in proper working order and in repair throughout the duration of this Agreement. 13.1.6. That all consents necessary to enable the Owner to enter into this Agreement (whether from superior landlords, mortgagees, insurers or others) have been obtained.

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