To accept grant of Lease Sample Clauses

To accept grant of Lease. The Surety hereby FURTHER COVENANTS with the Landlord that if the Tenant being a company shall go into liquidation and the liquidator shall disclaim this Lease or if the Tenant shall be wound up or cease to exist (or if the Tenant for the time being being an individual shall become bankrupt and the trustee in bankruptcy shall disclaim this Lease) and if the Landlord shall within 3 months after notification to the Landlord of such disclaimer or other event putting an end to the effect of this Lease as aforesaid so far as concerns the Tenant by notice in writing require the Surety to enter into a Lease of the demised premises as tenant and/or surety for a term commensurate with the residue which if there had been no disclaimer or if this Lease had continued to have effect as aforesaid would have remained of the Term at the same rent and subject to the like covenants and conditions as are reserved by and contained in this Lease (with the exception of this sub-clause) the said new Lease and rights and liabilities therein to take effect as from the date of the said disclaimer or of this Lease ceasing to have effect as aforesaid then and in such case the Surety shall pay the costs of and the relevant Surety shall accept such new Lease accordingly and will execute and deliver to the Landlord a counterpart thereof IN WITNESS whereof this Lease is executed by the parties hereto as a Deed and it is delivered the day and year first before written THE FIRST SCHEDULE (Particulars of the demised premises) ALL THAT Land and Buildings situate at and known as Block A Sovereign Xxxx Xxxxxx Road Hartlepool Cleveland and shown edged red on Plan I THE SECOND SCHEDULE (Particulars of rights granted to the Tenant)
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Related to To accept grant of Lease

  • Grant of Lease Landlord does hereby lease unto Tenant, and Tenant does hereby rent from Landlord, solely for use as a personal residence, excluding all other uses, the personal residence located in USA, GA, with address of: 0000 Xxxxxx Xxx, #0, Xxxxxxxxxxxx, XX, XXX Heirs And Assigns It is agreed and understood that all covenants of this lease shall succeed to and be binding upon the respective heirs, executors, administrators, successors and, except as provided herein, assigns of the parties hereto, but nothing contained herein shall be construed so as to allow the Tenant to transfer or assign this lease in violation of any term here of.

  • Amendment of Lease The Lease is hereby amended as follows:

  • Assignment of Lease Assignor hereby assigns, transfers and sets over to Assignee all of Assignor’s right, title and interest as tenant under the Lease, together with all credits, deposits, rights of refusal, options (including, but not limited to, any options to purchase or renew set forth in the Lease), benefits, privileges and rights of Assignor under the Lease.

  • Extension of Lease Term The Original Lease Term is hereby extended for a period of eighteen (18) months continuing through and including November 30, 2022 (the “Extension Term” and the Original Lease Term as so extended by the Extension Term, the “Lease Term”).

  • Assignment of Leases The Assignment of Leases creates a valid assignment of, or a valid security interest in, certain rights under the Leases, subject only to a license granted to Borrower to exercise certain rights and to perform certain obligations of the lessor under the Leases, including the right to operate the Property. No Person other than Lender has any interest in or assignment of the Leases or any portion of the Rents due and payable or to become due and payable thereunder.

  • Submission of Lease Submission of this instrument for examination or signature by Tenant does not constitute a reservation of, option for or option to lease, and it is not effective as a lease or otherwise until execution and delivery by both Landlord and Tenant.

  • Recording of Lease Tenant shall not record this Lease. However, at the request of either party, Landlord and Tenant shall execute, acknowledge, deliver, exchange, and record at the requestor's expense a Notice of Lease or other short-form instrument permitted under applicable state law and prepared by Landlord.

  • Modification of Lease Should any current or prospective mortgagee or ground lessor for the Building or Project require a modification of this Lease, which modification will not cause an increased cost or expense to Tenant or in any other way materially and adversely change the rights and obligations of Tenant hereunder, then and in such event, Tenant agrees that this Lease may be so modified and agrees to execute whatever documents are reasonably required therefor and to deliver the same to Landlord within ten (10) business days following a request therefor. At the request of Landlord or any mortgagee or ground lessor, Tenant agrees to execute a short form of Lease and deliver the same to Landlord within ten (10) business days following the request therefor.

  • Terms of Lease The primary term of this Lease shall be for twelve (12) months commencing on the 1st day of May, 2005, and ending on the 30th day of April, 2006, both dates inclusive, unless sooner terminated as herein provided. Thereafter, the Lease shall continue on a month to month basis on the same terms and conditions, except as provided in paragraph 4.

  • Execution of Lease This Lease may be executed in counterparts and, when all counterpart documents are executed, the counterparts shall constitute a single binding instrument. Landlord's delivery of this Lease to Tenant shall not be deemed to be an offer to lease and shall not be binding upon either party until executed and delivered by both parties.

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