Types of Lease Arrangements Sample Clauses

Types of Lease Arrangements. A. Cow-calf Share Lease The share arrangement could be either the share/split method or the flexible share method. For information on estimating cow share rental values refer to: Cow Share Lease Calculator. The calf share lease agreement could clarify and define the owner's and xxxxxx'x rights and responsibilities regarding the following areas: Influence on Management Decisions – An owner may wish to influence the management decisions and production practices of a xxxxxx to maintain the quality and condition of the land. Delivery and Sale of Calves - Both parties should agree on who will have the responsibility for delivery and sale of the calves. Government Payments and Subsidies - Under these programs, usually the xxxxxx receives the payments and subsidies in the same proportion as the share of the calves (or a stated amount or percentage).
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Types of Lease Arrangements. A. Cow-calf Share LeaseThe share arrangement could be either the share/split method or the flexible share method. For information on estimating cow share rental values refer to: Cow Share Lease Calculator.  The calf share lease agreement could clarify and define the owner's and xxxxxx'x rights and responsibilities regarding the following areas:
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Types of Lease Arrangements. A. Crop Share LeaseThe share arrangement could be either the traditional one-third crop share or a crop share based on the cost contributions of the landlord and tenant. The landlord may share in the payment of crop inputs (fertilizer and chemicals) in the same proportion as the crop is shared. For more information on estimating crop share rentals refer to: Crop Share Lease Calculator.  The crop share lease agreement could clarify and define the landlord's and tenant's rights and responsibilities regarding the following areas:  Influence on Cropping Decisions - A landlord may wish to influence the cropping decisions and production practices of a tenant to maintain the quality and condition of the land.  Use of Fertilizer and Chemicals - Both parties should agree on the amount of crop inputs to be applied and how the costs are to be shared.  Crop Insurance Coverage - Hail insurance can be taken separately by both the tenant and landlord, provided that both have an all-risk contract. AgriInsurance provided by the Manitoba Agricultural Services Corporation is available to any person who is actually engaged in farming in Manitoba, as well as to the landlord who has a direct financial interest in the crop. In order for the landlord to be eligible for AgriInsurance, the payment of rent, as specified in the Crop Share Lease Agreement, must be based entirely on a share or portion of the crop and may not include any cash per acre, cash per bushel or other similar arrangement for payment. If the rent is based on anything other than or in addition to crop share, then the landlord is not eligible for crop insurance.  Delivery and Sale of Grain - Both parties should agree on who will have the responsibility for delivery and sale of grain.  Government Payments and Subsidies - Under these programs, usually the producer (tenant) receives the payments and subsidies in the same proportion as the share of the crop (or a stated amount or percentage). B. Cash Lease In a cash lease, the tenant will pay a fixed cash payment to the landlord for the use of the land and facilities. The tenant will receive all of the income and pay all his own expenses. The cash lease is suited for absentee landlords and those who wish to have a stable income. Considerations:  The landlord can receive a guaranteed return.  The tenant has more flexibility and independence in production and management decisions.  The results of the tenant's superior farming skill are not shared with the la...
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Types of Lease Arrangements 
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Related to Types of Lease Arrangements

  • Copies of Leases Copies of all current leases together with any ongoing evictions or legal matters related to the Property; and

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  • OTHER TYPES OF LEAVE Court Leave

  • TYPES OF CONTRACT MODIFICATIONS In order to expedite processing of a contract modification, where proposed changes involve more than one category below, each change should be submitted to OGS as a separate request.

  • 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.

  • Ground Lease Reserved.

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  • Leases The Property is not subject to any leases other than the Leases described in the rent roll attached hereto as Schedule V and made a part hereof. Borrower is the owner and lessor of landlord’s interest in the Leases. No Person has any possessory interest in the Property or right to occupy the same except under and pursuant to the provisions of the Leases. The current Leases are in full force and effect and, to the best of Borrower’s knowledge, (a) there are no defaults thereunder by either party and (b) there are no conditions that, with the passage of time or the giving of notice, or both, would constitute defaults thereunder. No Rent (including security deposits) has been paid more than one (1) month in advance of its due date. To the best of Borrower’s knowledge, all work to be completed by Borrower prior to the date hereof under each Lease has been performed as required and has been accepted by the applicable tenant, and any payments, free rent, partial rent, rebate of rent or other payments, credits, allowances or abatements required to be given by Borrower to any tenant has already been received by such tenant. There has been no prior sale, transfer or assignment, hypothecation or pledge of any Lease or of the Rents received therein. To the best of Borrower’s knowledge, no tenant listed on Schedule I has assigned its Lease or sublet all or any portion of the premises demised thereby, no such tenant holds its leased premises under assignment or sublease, nor does anyone except such tenant and its employees occupy such leased premises. No Tenant under any Lease has a right or option pursuant to such Lease or otherwise to purchase all or any part of the leased premises or the building of which the leased premises are a part. No Tenant has no right or option for additional space in the Improvements. Except as otherwise disclosed by the Environmental Report (as defined in the Mortgage), no hazardous wastes or toxic substances, as defined by applicable federal, state or local statutes, rules and regulations, have been disposed, stored or treated by any tenant under any Lease on or about the Property nor does Borrower have any knowledge of any Tenant’s intention to use its premises for any activity which, directly or indirectly, involves the use, generation, treatment, storage, disposal or transportation of any petroleum product or any toxic or hazardous chemical, material, substance or waste. True, correct and complete copies of the Leases have been provided to Lender and such Leases have not been modified or amended in any way.

  • Specific Agreements 1. Investments made pursuant to a specific agreement concluded between one Contracting Party and investors of the other Party shall be covered by the provisions of this Agreement and by those of the specific agreement.

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