Lessee’s Covenants definition

Lessee’s Covenants means the covenants, agreements and obligations set out or implied in this Lease or imposed by law to be performed and observed by any person other than the Lessor;
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Lessee’s Covenants means all obligations of the Lessee as set out in the Lease or established by law arising during the term of the Lease or any renewal thereof and, without limiting the generality of the foregoing, includes the obligation to pay rent and all other payments to the Lessor, now owing or to become due in future and whether characterized as rent or not, and all other obligations of the Lessee whether constituting conditions, covenants, provisos, representations, undertakings or warranties.
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Lessee’s Covenants means the covenants terms and conditions herein expressed or implied to be observed or performed by the Lessee;
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Examples of Lessee’s Covenants in a sentence

  • The covenants and agreements on the part of any assignee will be supplementary to the Lessee’s Covenants and will not release the assigning lessee from the Lessee’s Covenants.

  • The holders of these beneficial ownership interests in the Bonds are referred to as the "Beneficial Owners".

  • Save for the conditions of clause 21, the Lessee must at its expense prior to Termination restore the Premises and the Improvements to a condition consistent with the observance and performance by the Lessee of the Lessee’s Covenants under this Lease, fair wear and tear excepted.

  • Each of the Lessee’s Covenants in clauses 5 (Lessee’s Covenants) 6 (Rent and Other Payments), 7 (Insurance), 8 (Indemnity), 10 (Responsibility for Premises and Improvements), 12 (Use), 21 (Removal of Property and Improvements From Premises) 22 (Assignment, Subletting and Charging), 34 (Goods and Services Tax) and Special Conditions 7 and 15 under Schedule 2 is an essential term of this Lease but this clause 16.5 does not mean or imply that there are no other essential terms in this Lease.

  • The covenants and agreements on the part of any assignee or sublessee expressed or implied in any deed of assignment or sublease and in favour of the Lessor are supplementary to those contained in this Lease and do not in any way relieve the Lessee from the Lessee’s Covenants.

  • The application to this Lease of any moratorium or Act having the effect of extending the Term, reducing or postponing the payment of the Rent or otherwise affecting the operation of the Lessee’s Covenants or providing for compensation, rights or privileges at the expense of the Lessor in favour of the Lessee or any other person is expressly excluded to the extent that this exclusion is lawful.

  • The Lessor covenants with the Lessee that the Lessee duly paying the Rent and other money payable under this Lease and observing and performing all other of the Lessee’s Covenants may peaceably and quietly hold and enjoy the Premises during the Term without any interruption by the Lessor.

  • Despite any assignment by the Lessee of the benefit of this Lease, the Lessee will remain liable to observe and perform all of the Lessee’s Covenants throughout the balance of the Term current at the date of assignment.

  • The covenants and agreements on the part of any assignee will be supplementary to the Lessee’s Covenants and will not release the assigning Lessee from the Lessee’s Covenants.

  • Each of the Lessee’s Covenants in clauses 4 (Rent and Other Payments), 5 (Insurance), 6 (Indemnity), 8 (Maintenance, Repair and Cleaning), 10 (Use) and 20 (Assignment, Subletting and Charging) are essential terms of this Lease but this clause 15.5 does not mean or imply that there are no other essential terms in this Lease.


More Definitions of Lessee’s Covenants

Lessee’s Covenants means the obligations expressed or implied in the Lease to be observed and performed by the Lessee.
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Lessee’s Covenants means all the terms of this Lease which are to be performed or observed by or on behalf of the Lessee;
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Lessee’s Covenants means the covenants as set out in the Sixth Schedule
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Lessee’s Covenants means all obligations of Gold Range as set out in the Lease or established by law arising during the term of the Lease or any renewal thereof and, without limiting the generality of the foregoing, includes the obligation to pay rent and all other payments to the Lessor, now owing or to become due in the future and whether characterized as rent or not, and all other obligations of Gold Range whether constituting conditions, covenants, provisos, representations, undertaking or warranties, and the expression “Lease” means collectively, the Lease Agreement, the First Assignment and the Addendums;
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Related to Lessee’s Covenants

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • THE LESSEE or any other Person includes without prejudice to the provisions of this Agreement any successor in title to it and any permitted assignee;

  • Lessee's Share is defined, for purposes of this Lease, as the percentage set forth in paragraph 1.10 of the Basic Lease Provisions, which percentage has been determined by dividing the approximate square footage of the Premises by the total approximate square footage of the rentable space contained in the Office Building Project. It is understood and agreed that the square footage figures set forth in the Basic Lease Provisions are approximations which Lessor and Lessee agree are reasonable and shall not be subject to revision except in connection with an actual change in the size of the Premises or a change in the space available for lease in the Office Building Project.

  • this Lease means the relevant portion of Articles 1 through 29 of this Office Lease to which this Tenant Work Letter is attached as EXHIBIT B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to sections of "this Tenant Work Letter" shall mean the relevant portion of Sections 1 through 7 of this Tenant Work Letter.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • The Lessor Agent" for "the Lessee", "Unit Premises, Unit Improvements, Unit FF&E and Unit" for "Parcel of Property" and "Section 13" for "Section 28".

  • Sublessor means one who conveys real property by sublease."

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Lessees SIGNATURE: DATE:

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition. Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • To rent means to lease, to sublease, to let, or otherwise to grant for consideration the right to

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Initial Rent means [ ] (£[ ]) STERLING yearly (exclusive of any VAT);

  • Lessors means a lessor under a Superior Lease.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Tenant’s Taxes means (a) all taxes, assessments, license fees and other governmental charges or impositions levied or assessed against or with respect to Tenant's personal property or Trade Fixtures in the Premises, whether any such imposition is levied directly against Tenant or levied against Landlord or the Property, (b) all rental, excise, sales or transaction privilege taxes arising out of this Lease (excluding, however, state and federal personal or corporate income taxes measured by the income of Landlord from all sources) imposed by any taxing authority upon Landlord or upon Landlord's receipt of any rent payable by Tenant pursuant to the terms of this Lease ("Rental Tax"), and (c) any increase in Taxes attributable to inclusion of a value placed on Tenant's personal property, Trade Fixtures or Alterations. Tenant shall pay any Rental Tax to Landlord in addition to and at the same time as Base Rent is payable under this Lease, and shall pay all other Tenant's Taxes before delinquency (and, at Landlord's request, shall furnish Landlord satisfactory evidence thereof). If Landlord pays Tenant's Taxes or any portion thereof, Tenant shall reimburse Landlord upon demand for the amount of such payment, together with interest at the Interest Rate from the date of Landlord's payment to the date of Tenant's reimbursement.