Xxxxxx and Term. Owner lease, demises and lets to the Lessee the Property for a period of five growing seasons commencing upon the date of signing and ending December 31st, 2026 (the “Term”). Upon mutual agreement of Owner and Lessee, the term will extend another five years and such lease will be reduced to writing.
Xxxxxx and Term. 9 3.2 Covenants, easements etc.................................... 10 3.3 No implied easements........................................ 10 3.4 Encroachments and easements................................. 10 3.5 Covenants relating to other property........................ 10 3.6 Rights of entry by Landlord................................. 10 3.7 Landlord's Covenants........................................ 11 3.8 Terms of entry by Landlord.................................. 11 3.9 Inventory................................................... 11 SECTION 3 FINANCIAL PROVISIONS 4. RENTS............................................................. 12 4.1 Tenant's obligation to pay.................................. 12 4.2 Dates of payment of Principal Rent.......................... 12 4.3 Method of payment of Principal Rent......................... 12 4.4 Dates of payment of Outstanding Rent........................ 12 4.5 No right of set-off......................................... 12
Xxxxxx and Term. In consideration of the rents, covenants and agreements reserved by, and contained in, this Lease to be paid and performed by the Tenant, the Landlord leases the Premises to the Tenant from and including the Term Commencement Date for the term of one year paying the Rents to the Landlord in accordance with Clause 4.
Xxxxxx and Term a. The Bank hereby employs the Employee to serve in the capacity of President of the Bank and, in such capacity, to be responsible for the day-to-day operations and overall management of the Bank, promote the Bank in the minority community and with the public in general and such additional activities as will promote the profitability and growth of the Bank or as shall be assigned by the Board of Directors. The Employee will perform such other duties of a managerial or executive nature consistent with her title as are from time to time determined by the Board. The Employee agrees to be so employed by Bank and shall devote her best efforts and all of her business time to the performance of her duties hereunder.
Xxxxxx and Term. In consideration of the rents, covenants and agreements reserved by, and contained in, this Lease to be paid and performed by the Tenant, the Landlord leases the Premises to the Tenant from and including the Term Commencement Date for the Term paying the Rents to the Landlord in accordance with clause 4. If at least one (1) month before the expiry of the Term the Tenant shall give to the Landlord written notice requesting a renewal of this Lease, the Landlord shall grant to the Tenant renewal on such terms and conditions as may be agreed between the Landlord and the Tenant. In the event of the parties failing to agree the terms on which the Lease is to be renewed before the expiry of the Term, the Tenant shall vacate the Premises at the expiry of the Term. In the case of earlier termination, a paid notice period of one month ending with the running contractual year shall be given failing which rent for the shortfall will have to be paid by the Tenant.
Xxxxxx and Term. In consideration of the Rent, covenants, and agreements reserved and contained in this Lease, which Rent, covenants, and agreements are to be paid, observed, and performed by the Tenant, the Landlord does hereby demise and lease unto the Tenant the Premises and the Tenant does hereby lease from the Landlord the Premises, TO HAVE AND TO HOLD from the Term Commencement Date for and during the Term, unless sooner terminated as hereinafter provided.
Xxxxxx and Term
