Examples of Lease Rights in a sentence
The Developer shall not, at any time during the Term, assert any ownership rights and/or lease rights over the Project Land or the Assets and Project Utilities developed thereupon, and/ or any other interests in the Project Land (save and except the Lease Rights to the Commercial Development Assets as set out under the Agreement), and/or any built-up structures and all other assets erected on the Project Land and/or shops etc., in /at the Station.
Further the Lease Rights granted to the Developer in respect of the Commercial Development Assets shall be incapable of conversion into freehold rights.
If the Lessee transfers in any manner whatsoever the Development and/or Lease Rights of the Project Land or part thereof except to the extent and in the manner specifically provided in this agreement.
A total consideration of ₹3.00 million paid by our Company pursuant to the Lease Rights Agreement.
Tenant shall indemnify, defend, hold, and save Landlord harmless from and against any and all Claims arising out of or in connection with any affirmative action taken by Tenant to enforce any Ground Lease Rights.