Common use of Usufruct Clause in Contracts

Usufruct. This Lease creates only the relationship of landlord and tenant between Xxxxxx and Lessee, and no estate in land shall pass out of Lessor. Lessee shall have only a usufruct, not subject to levy and sale and not assignable in whole or in part by Xxxxxx except as specifically provided in this Lease.

Appears in 2 contracts

Samples: Lease, Lease

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Usufruct. This Lease creates only the relationship of landlord lessor and tenant lessee between Xxxxxx Lessor and Lessee, and no estate in land shall pass out of Lessor. Lessee shall have only a usufruct, not subject to levy and sale and not assignable in whole or in part by Xxxxxx Lessee except as specifically provided in this Lease.

Appears in 1 contract

Samples: Lease (Ashworth Inc)

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Usufruct. This Lease creates only the relationship of landlord and tenant between Xxxxxx and Lessee, and no estate in land shall pass out of Lessor. Lessee Xxxxxx shall have only a usufruct, not subject to levy and sale and not assignable in whole or in part pan by Xxxxxx except as specifically provided in this Lease.

Appears in 1 contract

Samples: Lease

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