Common use of True Lease Clause in Contracts

True Lease. This Facility Lease shall constitute an agreement of lease and nothing herein or elsewhere shall be construed as conveying to the Lessee any right, title or interest in or to the Undivided Interest or the Real Property Interest, except as lessee only.

Appears in 3 contracts

Samples: Facility Lease (Public Service Co of New Mexico), Facility Lease (Public Service Co of New Mexico), Facility Lease (Public Service Co of New Mexico)

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True Lease. This Facility Lease is intended as, and shall constitute constitute, an agreement of lease, and a true lease for Federal income tax purposes, and nothing herein or elsewhere shall be construed as conveying to the Lessee any right, title or interest in or to the Undivided Interest or the Real Property Interest, except as lessee only.

Appears in 2 contracts

Samples: Facility Lease (Entergy New Orleans, LLC), Facility Lease (Entergy New Orleans, LLC)

True Lease. This Facility Lease shall constitute an agreement of lease and nothing herein or elsewhere shall be construed as conveying to the Lessee any right, title or interest in or to the Undivided Interest or the Real Property Interest, except as lessee only.

Appears in 2 contracts

Samples: Facility Lease Agreement (Aes Eastern Energy Lp), Facility Lease Agreement (Aes Eastern Energy Lp)

True Lease. This Facility Lease is intended as and shall constitute an agreement of lease and nothing herein or elsewhere contained shall be construed as conveying to the Lessee any right, title or interest in or to the Undivided Interest or the Real Property Interest, except as lessee only.

Appears in 1 contract

Samples: Facility Lease (Public Service Co of New Mexico)

True Lease. This Facility Lease is intended as and shall constitute an ---------- agreement of lease lease, and nothing herein or elsewhere shall be construed as conveying to the Lessee any right, title or interest in or to the Undivided Interest or the Real Property Interest, except Facility Assets other than as lessee onlyhereunder, it being expressly understood by the parties hereto that the foregoing does not constitute a covenant, representation or warranty of the Lessee.

Appears in 1 contract

Samples: Facility Assets Lease Agreement (Mobil Corp)

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True Lease. This Facility Lease shall constitute an agreement of lease and nothing herein or elsewhere therein shall be construed as conveying to the Lessee any right, title or interest in or to the Undivided Interest or the Real Property Interest, except as lessee only.

Appears in 1 contract

Samples: Facility Lease (Public Service Co of New Mexico)

True Lease. This Facility Lease is intended as, and shall constitute constitute, an agreement of lease for all purposes including for federal income tax purposes, and nothing herein or elsewhere shall be construed as conveying to the Lessee any right, title or interest in or to the Undivided Interest or the Real Property Interest, Facility except as lessee onlya lessee.

Appears in 1 contract

Samples: Facility Lease (Panda Interfunding Corp)

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