Examples of Ancillary Equipment Site Lease Term in a sentence
At all times during the Ancillary Equipment Site Lease Term the Lessor, at its expense, shall maintain the areas covered by the Ancillary Equipment Easement in good condition and repair and in accordance with Applicable Laws so that they will be available for the operation of the Ancillary Equipment, including, without limitation, the maintenance of roads, equipment, pumps, and pipelines located on areas covered by the Ancillary Equipment Easement.
During the Ancillary Equipment Site Lease Term, the Lessee shall take care of and maintain the Ancillary Equipment Site and provide ordinary maintenance of the Ancillary Equipment, which shall not include capital improvements.
At the expiration of the Ancillary Equipment Site Lease Term the Ancillary Equipment Easement granted and conveyed herein shall wholly terminate and revert to the Lessor.
The Lessee covenants and agrees that at the end of the Ancillary Equipment Site Lease Term it will peaceably and quietly yield up and surrender possession of the Ancillary Equipment Site and any property thereon to the Lessor.
The agreement and obligation of Lessor to provide electric utilities and electric service, natural gas and gas service, potable water and water service, and sanitary sewage service to the Ancillary Equipment Site is incident to, dependent upon and inseparable from the landlord/tenant relationship established by this Ancillary Equipment Site Lease, and such obligation shall continue only for the Ancillary Equipment Site Lease Term and the existence of such landlord/tenant relationship.
The term of this Ancillary Equipment Leasehold (the "Ancillary Equipment Site Lease Term") shall commence on the date hereof and, unless this Ancillary Equipment Site Lease is sooner terminated pursuant to the provisions hereof, the Ancillary Equipment Site Lease Term shall end on the last day of the Ancillary Equipment Site Initial Term or, if this Ancillary Equipment Site Lease is renewed pursuant to Section 20.2 hereof, on the last day of the last Ancillary Equipment Site Renewal Term.
At the end of the Ancillary Equipment Site Lease Term Lessee shall surrender the Ancillary Equipment to Lessor in good order, subject to depreciation, ordinary wear and tear and casualty loss, and lessee shall have no right or option to remove all or any portion of the Ancillary Equipment upon expiration or termination of the Ancillary Equipment Site Lease Term.
If an insubstantial portion of the Site is condemned at any time, the Ancillary Equipment Site Lease Term shall not terminate and net proceeds of the condemnation shall be used first to restore the Ancillary Equipment Site, with the balance divided between the Lessor and the Lessee in proportion to the fair market sales value of their interests in the property condemned.
Notwithstanding anything to the contrary in Sections 13.1 or 13.2, the Ancillary Equipment Site Lease Term shall end at such time as the Xxxxx Complex Ground Lease Term shall have ended.
During the Ancillary Equipment Site Lease Term, the Lessor and its authorized representatives may, at their own expense, at reasonable times and by appointment on reasonable notice, inspect the Ancillary Equipment Site and the Ancillary Equipment and any other property located on the Ancillary Equipment Site.