Examples of Lease Deed in a sentence
Notwithstanding anything to the contrary, the provisions of this Lease Deed relating to notices, governing law, handover of vacant occupation of Hotel Premises to the Lessor, payment of unpaid Rent , other outstanding and Pre‐estimated Damages and any other covenants and obligations which by their nature are intended to survive, shall survive the termination or expiry of this Lease Deed.
The Performance Guarantee shall be returned to the Lessee by the Lessor upon completion of all the Parameters and after completion of 1 (one) year from the Operationalization of the Hotel Premises, if not encashed in terms of this Lease Deed.
The Operator shall not without prior written consent or approval of Company use the Site for any purpose other than for the purposes of implementing the Project and purposes incidental thereto as permitted under this Agreement or as approved in writing by the Company subject to the terms and conditions of the Site Lease Deed.
The Lessee shall implement the said Project as per the terms of the RFP Documents and this Lease Deed.
The Lessee understands, acknowledges and hereby accepts that the said Performance Guarantee may be appropriated or encashed by the Lessor, as per the discretion of the Lessor, in case of non‐compliance of timelines and obligations stipulated in this Lease Deed and the RFP Documents.