Examples of Site Leased Property in a sentence
The provisions of the Lease shall govern with respect to any damage, destruction or condemnation of the Site Leased Property during the Lease Term of the Lease.
Except as provided in this Site Lease, the City and the Trustee agree that, except as may otherwise be provided in the Lease, neither the City nor the Trustee will sell, mortgage or encumber the Site Leased Property or any portion thereof during the term of this Site Lease.
The Council hereby authorizes and consents to the substitution of the Substituting Property for the Substituted Property within the Site Leased Property in accordance with the provisions of the 2019 Site Lease and the 2019 Lease.
The School District covenants and agrees that, provided the Corporation is not in default and keeps, observes, and performs the covenants and agreements of Corporation contained in this Site Lease, the Corporation shall have quiet and peaceable possession of the Site and the School District hereby acknowledges that the Corporation shall have a leasehold interest in the Site Leased Property.
A judgment requiring a payment of money may be entered against the City by reason of an Event of Nonappropriation, or a failure to vacate the Site Leased Property and the Improvements and deliver the Equipment to the Trustee following an Event of Nonappropriation, only to the extent provided in Section 12.02(d)(i) hereof.
The County shall construct the Improvements in and on the Site Leased Property and shall acquire and install the Equipment in the Improvements or in the Site Leased Property as appropriate, promptly and with due diligence and in accordance with the terms hereof, provided, however, that, if the performance by the County of such obligations is delayed by Force Majeure, the period for the commencement or completion thereof shall be extended for a period equal to such delay.
The City hereby leases to the Trustee and the Trustee hereby leases from the City, on the terms and conditions hereinafter set forth, the Site Leased Property, which consists of the real property and the improvements thereon described in Exhibit A attached hereto and made a part hereof, subject to Permitted Encumbrances (as defined in the Lease).
The description of the Site Leased Property contained in Exhibit A to the 2014 Lease is hereby amended and restated to read as set forth in Exhibit A hereto.
The City shall construct the Improvements in and on the Site Leased Property and shall acquire and install the Equipment in the Improvements or in the Site Leased Property as appropriate, promptly and with due diligence and in accordance with the terms hereof, provided, however, that, if the performance by the City of such obligations is delayed by Force Majeure, the period for the commencement or completion thereof shall be extended for a period equal to such delay.
Concurrently with the execution of the Site Lease, the Trustee shall be provided with a commitment for an ALTA Loan Title Insurance Policy to be issued to the Trustee in an amount equal to no less than the par amount of the Series 2019 Certificates executed and delivered under the Indenture, insuring the Trustee’s leasehold interest in the Site Leased Property, subject only to Permitted Encumbrances.