Leased Land definition
Examples of Leased Land in a sentence
Any such payment or performance or other act by Permitted Mortgagee under the Lease shall not be construed as an agreement by Permitted Mortgagee to assume such personal liability except to the extent Permitted Mortgagee actually takes possession of the Home and Leased Land.
In the event Permitted Mortgagee does take possession of the Home and Leased Land and thereupon transfers such property, any such transferee shall be required to enter into a written agreement assuming such personal liability and upon any such assumption the Permitted Mortgagee shall automatically be released from personal liability under the Lease.
The Lessee shall ensure that the Leased Land remains free from all encroachments and take all steps necessary to remove encroachments, if any.
No alteration or additions shall any time be made to the façade or elevation of any building or erection erected and standing on the Leased Land or architectural features thereof except with the prior approval in writing of the Competent Authority.
Any notice or demand for payment required to be given to or made upon the Lessee shall be sufficiently given or made if sent to the Lessee through the post by the registered letter/speed post addressed to the Lessee at the Leased Land and any notice or demand sent by the post to the Lessee shall be deemed to have been delivered when dispatched whether actually delivered or not.