Lease Grant definition
Examples of Lease Grant in a sentence
The first date as of which the District has approved this Agreement and enacted legislation approving the Project, the Ground Lease, Grant Agreement and the exemption from the Certificate of Need process.
In the third sentence of Section 37.A of the Lease (Grant & Exercise of Option) add "ninety five percent (95%) of" before the phrase "Fair Market Rental".
After the end of that period, the provisions of Clause 2 (Mineral Lease Grant) and Clause 8 (Continuation and Reversion) shall apply to the continuation of the Leased Lands and the Leased Formations not included in the reduced Spacing Unit.
If Ground Lease Grant funds have been used to purchase the Property, conveyance of the Property to the City free and clear of the Ground Lease, Ground Lease Deed of Trust, the memorandum of Ground Lease and any other lien, encumbrance or other exception to title that was caused by actions of the Authority, shall constitute repayment of the Ground Lease Grant.
If the City makes the Ground Lease Grant, but not the Development Grant, the Authority shall reconvey the Property to the City in accordance with Section 2.3 of this Agreement.
Lease Grant, stipulating that contract lease payment be cancelled.
Failure of the Authority to use the Ground Lease Grant or Development Grant funds for the purposes set forth in this Agreement.
Failure to comply with any of the conditions with respect to receipt or disbursement of Ground Lease Grant or Development Grant funds as set forth in this Agreement.
Lease Grant.........................................................
The City shall have the right to demand and receive any Ground Lease Grant funds or Development Grant funds previously disbursed but unspent or spent for purposes that are not in accordance with the terms of this Agreement.