AGREED AND DECLARED AS FOLLOWS Sample Clauses

AGREED AND DECLARED AS FOLLOWS. In consideration of the rent hereinafter reserved and of the other conditions herein contained, the Lessor agrees to let out and Xxxxxx agrees to take on lease the land, hired it aments and premises known as …………... together with all buildings and erections, fixtures and fittings, standing and being thereon (hereinafter called “THE SAID PREMISES”) more particularly described in SCHEDULE ‘A’. The lease shall commence/shall be deemed to have been commenced* on the …………. day of ………. two thousand and……………….……………….. and shall, subject to the terms hereof, continue for a term of 3 (Three) years with an option to extend the period of lease for a further term as set out in clause 14 hereof. The Lessee shall, subject to the terms hereof, pay gross rent in monthly arrears for the said premises at the rate of Rs………. (in words Rs. ………. ) per month, which also includes a sum of Rs………..towards maintenance and taxes per month. In the event of the tenancy hereby created, being terminated as provided by these presents, the Lessee shall pay only a proportionate part of the rent for the fraction of the current month up to the date of such termination. The rate of rent hereby agreed is liable to revision during the period of lease or renewal, if any, of the lease after the expiry of the three years from the start of the lease or revision of the rent, provided that such revision shall not exceed 5% per annum (in case of residential accommodation) and 8% per annum (in case of non-residential accommodation) of the rent payable at the time of such revision, such rent being equivalent to gross rent reduced by the amount payable towards maintenance and tax. The said premises shall be deemed to include the fixtures and fittings existing thereon as shown in Schedule-B and the Government of India shall upon the expiration of the terms hereby created or any renewal thereof and subject to clause 11 hereof yield up the said premises including fixtures and fittings in as good a condition as received, fair wear and tear, damage by fire, act of God, riots or other civil commotion, enemy action and/or other causes not within the control of the Government of India excepted, PROVIDED THAT THE GOVERNMENT OF INDIA shall not be responsible for any structural damage which may occur to the same during the terms hereby created or any renewal thereof. The Government of India shall be entitled to use the said premises for any lawful purpose which is not detrimental to the interest of the land lord. Th...
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AGREED AND DECLARED AS FOLLOWS. 1. The affiliatee will be authorized by XXXXX INSTITUTE to set up and established a study centre, starting its affiliation for the period starting from xxxxxxxxxxxx to xxxxxxxxxxxxxxxx upon the terms and subject to the conditions as laid out in this agreement and as per the "Offer of Affiliation" by XXXXX INSTITUTE; that may be modified time to time as per the policy of the affiliate as and when it desires to do which shall not be questioned by the affiliate at any point of time.
AGREED AND DECLARED AS FOLLOWS. 1. The Borrower and the Bank hereby agree to replace the Schedule I of the Agreement with Schedule I attached hereto.
AGREED AND DECLARED AS FOLLOWS. 1. In consideration of the rent hereinafter reserved and of the other conditions herein contained, the lessor agrees to let out and Xxxxxx agrees to take on lease the land, hereditaments and premises known as together with all buildings and erections, fixtures and fittings, standing and being thereon (hereinafter called “THE SAID PREMISES”) more particularly described in SCHEDULE ‘A’.
AGREED AND DECLARED AS FOLLOWS. 1.The affiliatee will be authorized by I.S.D.T. to set up and established a study centre, starting its affiliation for the period starting from to upon the terms and subject to the conditions as laid out in this agreement and as per the "Offer of Affiliation" by I.S.D.T.; that may be modified time to time as per the policy of the affiliate as and when it desires to do which shall not be questioned by the affiliate at any point of time.

Related to AGREED AND DECLARED AS FOLLOWS

  • NOW IT IS HEREBY AGREED AS FOLLOWS 1. Words and expressions defined in the Principal Agreement when used in this Agreement have, unless the context otherwise requires, the same meanings as in the Principal Agreement and the provisions of clause 2 of the Principal Agreement as to the interpretation thereof shall apply to this Agreement.

  • Purpose and Definitions 1. The purpose of this Chapter is to promote the objectives of this Agreement by simplifying customs procedures in relation to bilateral trade between the Parties.

  • NOW THIS DEED WITNESSETH as follows The Transferor hereby transfers unto the Transferee with full title guarantee all right, title, interest, benefit and obligation (both present and future) of the mortgagee in and under the Mortgages which do not relate to registered land including for the avoidance of doubt:

  • Name and Definitions Section 1. Name. The name of the Trust is "VANGUARD BOND INDEX FUNDS" and the Trustees shall conduct the business of the Trust under that name or any other name as they may from time to time determine. If the Trustees determine to change the name of the Trust, they may adopt such other name for the Trust as they deem proper. Any name change shall become effective upon approval by the Trustees of such change and the filing of a certificate of amendment under the Delaware Act. Any such action shall have the status of an amendment to this Declaration of Trust.

  • Construction and Definitions Unless defined below or otherwise in this Annex A, all of the capitalized terms used in this Annex A shall have the meanings assigned to them in this Agreement:

  • Usage and Definitions Capitalized terms used but not defined in this Agreement are defined in Appendix A to the Sale and Servicing Agreement, dated as of , 20 , among Ford Credit Auto Owner Trust 20 - , as Issuer, Ford Credit Auto Receivables Two LLC, as Depositor, and Ford Motor Credit Company LLC, as Servicer. Appendix A also contains usage rules that apply to this Agreement. Appendix A is incorporated by reference into this Agreement.

  • Amendments to Section 1: Definitions A. Subsection 1.1 of the Credit Agreement is hereby amended by adding thereto the following definitions, which shall be inserted in proper alphabetical order:

  • Intention of the Parties Definitions 1.1 Intention of the Parties

  • Basic Lease Provisions and Definitions In addition to other terms elsewhere defined in this Lease, the following terms whenever used in this Lease should have only the meanings set forth in this Preamble, unless such meanings are expressly modified, limited or expanded elsewhere herein.

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