Common use of Demise and Premises Clause in Contracts

Demise and Premises. 2.01 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Demised Premises for the Planning and Construction Term and thereafter during the Term (as the same may be extended) for the rents hereinafter reserved and upon and subject to the conditions (including limitations, restrictions and reservations) and covenants hereinafter provided. Each party hereto agrees to observe and perform all of the conditions and covenants herein contained on its part to be observed and performed.

Demise and Premises. 2.01 Landlord hereby leases to Tenant, and Tenant hereby hires from Landlord, the Demised Premises for the Planning and Construction Term and thereafter during the Term (as the same may be extended) Term, for the rents rent hereinafter reserved and upon and subject to the conditions (including limitations, restrictions restrictions, and reservations) and covenants hereinafter provided. Each party hereto agrees to observe and perform all of the conditions and covenants herein contained on its part to be observed and performed.