Common Contracts

2 similar Residential Ground Lease contracts

RESIDENTIAL GROUND LEASE
Residential Ground Lease • September 6th, 2017 • Texas

Subject to the terms, provisions and conditions of this Lease, and each in consideration of the duties, covenants and obligations of the other hereunder, Lessor does hereby lease unto Lessee and Lessee does hereby lease from Lessor the tract of land more particularly described on Exhibit “A” attached hereto (“Leased Premises”). The Leased Premises includes the area twenty-five feet (25’) horizontally from the edge of the Possum Kingdom Lake (“Lake”) at normal maximum surface elevation [i.e. the one thousand feet (1000’) above mean sea level contour] depicted on Exhibit “A” attached hereto (“Project Area”), which is subject to regulation by the Federal Energy Regulatory Commission (“FERC”), as more particularly described in Section 17.5 of this Lease.

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RESIDENTIAL GROUND LEASE
Residential Ground Lease • June 1st, 2009 • Texas

Subject to the terms, provisions and conditions of this Lease, and each in consideration of the duties, covenants and obligations of the other hereunder, Lessor does hereby lease unto Lessee and Lessee does hereby lease from Lessor the tract of land more particularly described on Exhibit “A” attached hereto (“Leased Premises”). The Leased Premises includes the area twenty-five feet (25’) horizontally from the edge of the Possum Kingdom Lake (“Lake”) at normal maximum surface elevation [i.e. the one thousand feet (1000’) above mean sea level contour] depicted on Exhibit “A” attached hereto (“Project Area”), which is subject to regulation by the Federal Energy Regulatory Commission (“FERC”), as more particularly described in Section 17.5 of this Lease.

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