ENHANCED USE LEASE Clause Samples
An Enhanced Use Lease (EUL) is a contractual arrangement that allows a government agency to lease underutilized real property to private or public entities for development or other productive uses. Typically, the lessee may improve, manage, or operate the property in exchange for rent, in-kind services, or facility improvements that benefit the agency. This clause enables agencies to maximize the value of their assets, generate revenue, and support mission-related activities without requiring direct appropriations, thereby addressing the problem of underused government property.
ENHANCED USE LEASE. The Parties acknowledge and agree that nothing in this Agreement shall be interpreted to amend or alter in any way the terms of the Knoxville VAMC Enhanced Use Lease, dated December 27, 2011, to include but not limited to Department approvals of the Design Plan, Construction Documents, and any proposed changes, revisions, modifications or amendments to the Development Plan.
ENHANCED USE LEASE. A. The USAFA will require that Blue & Silver comply with all applicable stipulations and provisions of this PA, as a condition of the EUL.
B. The USAFA shall ensure that the terms of this PA are being met and implemented prior to issuing a notice to proceed for any phase of the Project.
C. The USAFA shall not sign a Finding of No Significant Impact for an Environmental Assessment (EA), or Record of Decision for an Environmental Impact Statement (EIA) for this undertaking until after all required signatories have executed this PA.
D. The USAFA shall issue a lease to Blue & Silver only after the executed PA has been filed with the ACHP and all other requirements for the lease have been met.
E. If a lease amendment is required, USAFA will consult with the signatories and concurring parties on the potential of the amendment to adversely affect to historic properties, including properties of religious and cultural significance to tribes. If the lease amendment cannot fully be addressed under the terms of this PA, USAFA may also pursue amendment of this PA per Stipulation IX.
F. Blue & Silver recognizes that contact and collaboration with undertaking stakeholders is solely the responsibility of the USAFA, as the agent for the Secretary of the Air Force on behalf of the United States of America. Blue & Silver Development Partners, LLC will not contact any stakeholder (Tribal or otherwise) regarding any undertaking. All existing or potential stakeholder communication will be directed to the USAFA Cultural Resources Manager.
ENHANCED USE LEASE. This Lease (as defined in Section 1.90) is made as of the Effective Date (as defined in Section 1.47), by and between Landlord (as defined in Section 1.86) and Tenant (as defined in Section 1.192). This Lease is made under the authority of Section 315 of the Space Act (as defined in Section 1.178) (42 U.S.C. §2459j), with reference to the following facts:
ENHANCED USE LEASE. ▇▇▇▇▇▇ has provided LESSEE with a copy of the Enhanced Use Lease entered into between ▇▇▇▇▇▇ and the Secretary of the Department of Veterans Affairs on February 13, 2004, attached hereto and incorporated herein by this reference as Exhibit F. ▇▇▇▇▇▇ understands the terms and conditions of the Enhanced Use Lease and acknowledges that the LESSEE is subject to the terms contained therein and will not intentionally engage in activity that would result in LESSOR being in violation of the terms of that lease, only as applicable to LESSEE. .