Leasehold. Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental and upon the conditions set forth herein. Lessee accepts the Premises, including the appurtenant improvements, structures, and facilities, if any, in "AS IS" condition.
Leasehold. You understand and agree that the address of the Home described in the Lease is comprised of the following: A single bedroom or A single bedroom and single bathroom. The Home is part of a larger apartment suite (the “Suite”) that includes a kitchen and a living/dining area and may or may not include one or more shared bathrooms. You agree that the use and occupancy of the kitchen and living/dining areas and bathroom(s), if any, are common in nature and that You shall share use and occupancy of such areas with the other tenants of the Suite.
Leasehold. Developer shall have accepted the Leasehold conveyance and shall not be in default under the Ground Lease.
Leasehold. If a leasehold estate constitutes a portion of the Trust Estate, Trustor agrees not to amend, change, terminate or modify such leasehold estate or any interest therein without the prior written consent of Beneficiary. Consent to one amendment, change, agreement or modification shall not be deemed to be a waiver of the right to require consent to other, future or successive amendments, changes, agreements or modifications. Trustor agrees to perform all obligations and agreements under said leasehold and shall not take any action or omit to take any action which would effect or permit the termination of said leasehold. Trustor agrees to promptly notify Beneficiary in writing with respect to any default or alleged default by any party thereto and to deliver to Beneficiary copies of all notices, demands, complaints or other communications received or given by Trustor with respect to any such default or alleged default. Beneficiary shall have the option to cure any such default and to perform any or all of Trustor's obligations thereunder. All sums expended by Beneficiary in curing any such default shall be secured hereby and shall be immediately due and payable without demand or notice and shall bear interest from date of expenditure at the Agreed Rate.
Leasehold. A new FRI lease is available for a term to be agreed. Ground Floor Rent: £188,000 + VAT pax. (c. £21.00 per sq. ft. exclusive) First Floor Rent: £252,000 + VAT pax. (c. £18.00 per sq. ft. exclusive) VAT We have been advised that VAT is applicable.
Leasehold. All of Seller’s right, title and interest in and to the following: (i) an undivided twenty percent (20%) of 8/8ths interest in and to all oil and gas leases and subleases, including renewals, extensions, ratifications and amendments to such leases and subleases, and further including working interests, rights of assignment and reassignment, net revenue interests and undeveloped locations under or in oil, gas or mineral leases, and interests in rights to explore for and produce oil, gas or other minerals insofar and only insofar as such rights, titles and interests are described in Exhibit “A”, attached hereto and made a part hereof, and (ii) an undivided fifty percent (50%) of 8/8ths interest in and to all oil and gas leases and subleases, including renewals, extensions, ratifications and amendments to such leases and subleases, and further including working interests, rights of assignment and reassignment, net revenue interests and undeveloped locations under or in oil, gas or mineral leases, and interests in rights to explore for and produce oil, gas or other minerals insofar and only insofar as such rights, titles and interests are described in Exhibit “A-1”, attached and made a part hereof, SAVE AND EXCEPT, AND EXPRESSLY RESERVING AND EXCEPTING unto Seller (i) the wellbore rights and the right to produce from the Haynesville formation in the Xxxxxxxx Petroleum Company — Xxxxx Xxxx No. 1 well, found in Xxxxxxx 00, X00X, X00X, Xxxxx Xxxxxx, Xxxxxxxxx and the Xxxxxxxx Petroleum Company — Xxxxxxxx Xxxxx No. 1 well, found in Section 11, T14S, R16W, and (ii) as to the Leases (as defined below), all of such rights, title and interest as to all intervals, formations, strata and depths located between the surface of the Earth down to the subsurface depth which is the stratigraphic equivalent of the base of the Cotton Valley formation being defined as the stratigraphic equivalent of the sand found at 10,550” measured depth in the Xxxxxxxx Petroleum Company — Xxxxx Xxxx #1, Xxxxxxx 00, X00X, X00X, Xxxxx Xxxxxx, XX (“Excluded Formations”) together with such xxxxx, production, equipment, operational rights, contract rights, unit rights, rights of ingress and egress, road, pipeline and other easement rights, and any other rights, titles, interests, permits or privileges that relate directly to or are used in connection with the Excluded Formations, including exploration for, drilling for, development of, operations for, and production, transportation, processing, an...
Leasehold. Company represents, but does not warrant that it owns, or is in the process of acquiring, certain oil, gas and mineral leases within the Prospect area as depicted on the Plat labeled Exhibit “H” of the JOA attached hereto and incorporated herein as Exhibit “A” to this Agreement.
Leasehold. If a leasehold estate constitutes a portion of the Mortgaged Property, Mortgagor agrees not to amend, change, terminate or modify such leasehold estate or any interest therein without the prior written consent of Mortgagee. Consent to one amendment, change, agreement or modification will not be deemed to be a waiver of the right to require consent to other, future or successive amendments, changes, agreements or modifications. Mortgagor shall perform all obligations and agreements under said leasehold and shall not take any action or omit to take any action which would effect or permit the termination of said leasehold. Mortgagor agrees to promptly notify Mortgagee in writing with respect to any default or alleged default by any party thereto and to deliver to Mortgagee copies of all notices, demands, complaints or other communications received or given by Mortgagor with respect to any such default or alleged default. Mortgagee has the option to cure any such default and to perform any or all of Mortgagor's obligations thereunder. All sums expended by Mortgagee or Lenders in curing any such default will be secured hereby and will be immediately due and payable without demand or notice and will bear interest from date of expenditure at the Default Rate.
Leasehold. (a) The provisions contained in this Deed of Trust shall be deemed to be obligations of Trustor in addition to Trustor's obligations as tenant with respect to similar matters under which Trustor is obligated under the Facility Lease and shall not restrict or limit Trustor's duties and obligations to keep and perform promptly all of its covenants, agreements and obligations as tenant under such Facility Lease.
Leasehold. As used herein, "Leasehold" means all of Xxxxxx's interest in the Property described in Exhibit A, in the Development, in all improvements now or hereafter located on the Property, all options contained in the Lease or granted in connection with the Lease, and all other rights of Lessee under the Lease.
