Common use of Trustee’s Covenant of Quiet Enjoyment Clause in Contracts

Trustee’s Covenant of Quiet Enjoyment. The Trustee hereby covenants that the District shall, during the Lease Term, peaceably and quietly have, hold and enjoy the Leased Property without suit, trouble or hindrance from the Trustee. The Trustee shall not interfere with the quiet use and enjoyment of the Leased Property by the District during the Lease Term so long as no Event of Lease Default shall have occurred. The Trustee shall, at the request of the District and at the cost of the District, cooperate fully in any legal action in which the District asserts against third parties its right to such possession and enjoyment, or which involves the imposition of any taxes or other governmental charges on or in connection with the Leased Property. In addition, the District may at its own expense join in any legal action affecting its possession and enjoyment of the Leased Property and shall be joined in any action affecting its liabilities hereunder.

Appears in 1 contract

Samples: Lease Purchase Agreement

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Trustee’s Covenant of Quiet Enjoyment. The Trustee hereby covenants that the District City shall, during the Lease Term, peaceably and quietly have, hold and enjoy the Leased Property without suit, trouble or hindrance from the Trustee. The Trustee shall not interfere with the quiet use and enjoyment of the Leased Property by the District City during the Lease Term so long as no Event of Lease Default shall have occurred. The Trustee shall, at the request of the District City and at the cost of the DistrictCity, cooperate fully in any legal action in which the District City asserts against third parties its right to such possession and enjoyment, or which involves the imposition of any taxes or other governmental charges on or in connection with the Leased Property. In addition, the District City may at its own expense join in any legal action affecting its possession and enjoyment of the Leased Property and shall be joined in any action affecting its liabilities hereunder.

Appears in 1 contract

Samples: Lease Purchase Agreement

Trustee’s Covenant of Quiet Enjoyment. The Trustee hereby covenants that the District City shall, during the Lease Term, peaceably and quietly have, hold and enjoy the Leased Property without suit, trouble or hindrance from the Trustee. The Trustee shall not interfere with the quiet use and enjoyment of the Leased Property by the District City during the Lease Term so long as no Event of Lease Default shall have occurred. The Trustee shall, at the request of the District City and at the cost of the DistrictCity, join and cooperate fully in any legal action in which the District City asserts against third parties its right to such possession and enjoyment, or which involves the imposition of any taxes or other governmental charges on or in connection with the Leased Property. In addition, the District City may at its own expense join in any legal action affecting its possession and enjoyment of the Leased Property and shall be joined in any action affecting its liabilities hereunder.

Appears in 1 contract

Samples: Lease Purchase Agreement

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Trustee’s Covenant of Quiet Enjoyment. The Trustee hereby covenants that the District Town shall, during the Lease Term, peaceably and quietly have, hold and enjoy the Leased Property without suit, trouble or hindrance from the Trustee. The Trustee shall not interfere with the quiet use and enjoyment of the Leased Property by the District Town during the Lease Term so long as no Event of Lease Default shall have occurred. The Trustee shall, at the request of the District Town and at the cost of the DistrictTown, cooperate fully in any legal action in which the District Town asserts against third parties its right to such possession and enjoyment, or which involves the imposition of any taxes or other governmental charges on or in connection with the Leased Property. In addition, the District Town may at its own expense join in any legal action affecting its possession and enjoyment of the Leased Property and shall be joined in any action affecting its liabilities hereunder.

Appears in 1 contract

Samples: Lease Purchase Agreement

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