Land Lease Agreement definition
Examples of Land Lease Agreement in a sentence
Provided that any such extension shall also lead to an extension of Land Lease Agreement(s) for an equal period so as to make the Land Lease Agreement co-terminus with extended Concession Period.
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This Land Lease Agreement shall be for useful life of the plant i.e. 25 years from the date of scheduled commercial operation (SCOD) of the project with provision for further extension on terms and conditions mutually agreed upon by both the parties in writing.
The Concessionaire shall not sub-lease the whole or any part of the land comprising the Project Site, leased to it by Authority under the Land Lease Agreement, to any person in any form or under any arrangement, device or method.