EXCLUSIVE LEASE Sample Clauses

EXCLUSIVE LEASE. CELITE hereby leases to Lessee, its successors and assigns for the term and purposes stated, approximately 1.2 acres of real property located in Santa Xxxxxxx County, California and being an old gravel pit located south-southwest of State Highway 1 between Lompoc and Santa Xxxxxxx as shown in blue on the map attached hereto and incorporated herein by reference as Exhibit A. The rights granted herein to Lessee shall include the right to use only the road shown outlined in red on the attached map to access the pit and the right to use the pit for a firing range for its police officers and other law enforcement personnel from Santa Xxxxxxx County as defined herein (the blue pit area and the red roads are called collectively, the “Property”). It is specifically understood by CELITE and Lessee that (A) no one other than the parties listed in this Agreement shall be permitted on the Property, (B) Lessee shall not use any roads shown on the map other than the one outlined in red, (C) Lessee shall not use the road outlined in red for any purposes other than to access the Property, and (D) Lessee shall not use the pit shown in blue on the map for any purposes other than those listed in this Agreement. This Agreement terminates, supersedes and replaces that certain Agreement for Use of Facilities, commencing as of March 1, 1973, between Xxxxx-Xxxxxxxx Products Corporation as Owner and City of Lompoc as City, as the same has been amended, the parties herein being the successors to the parties in such Agreement for Use of Facilities.
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EXCLUSIVE LEASE l.1) Fox hereby grants, leases and demises the Property unto EC, its successors and assigns, for the term and for the purposes hereinafter provided, including, but without being limited to all Ore, minerals, and mineral rights, and all water and water rights, in, upon and under the Property, and all right, title and interest which may be acquired by or for Fox, in or pertaining to the Property or any part thereof, during the term of this Agreement.
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EXCLUSIVE LEASE. OGS hereby lets and leases exclusively to Lessee, its successors and assigns, for the term and purposes stated within this Agreement, all of OGS's rights, titles and interests in and to the Xxxxxx Ridge lode mining claims more fully described in Exhibit "A" attached to and made part of this Agreement (the "Property").
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EXCLUSIVE LEASE. No other person/entity is entitled to the sole right of using the beat(s) in regards to songs/music for commercial use. This is an exclusive lease (to the person signing the contract) that lasts 5 years. After the 5 years, a new contract can be negotiated.
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Related to EXCLUSIVE LEASE

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Agreement to Lease Landlord agrees to lease to Tenant and Tenant agrees to lease from Landlord, according to the terms and conditions set forth herein, the Premises.

  • Operating Lease Without Lender’s prior written consent, Borrower shall not permit Mortgage Borrower or Property Owner to (a) surrender, terminate or cancel the Operating Lease; (b) reduce or consent to the reduction of the term of the Operating Lease; (c) increase or consent to the increase of the amount of any charges under the Operating Lease; (d) modify, change, supplement, alter or amend the Operating Lease or waive or release any of Borrower’s or Property Owner’s rights and remedies under the Operating Lease, except as contemplated in connection with a Restructuring; or (e) waive, excuse, condone or in any way release or discharge Operating Lessee of or from Operating Lessee’s material obligations, covenants and/or conditions under the Operating Lease, except to the extent such Operating Lessee’s obligations are assumed in connection with a Restructuring. Notwithstanding the foregoing provisions of this Section 5.2.12 to the contrary, Borrower may cause or permit Mortgage Borrower and Property Owner to amend the Operating Lease without Lender’s prior written consent as follows: (i) in connection with a Release Prepayment, the Operating Lease shall be amended (or deemed amended) to (x) terminate the Operating Lease with respect to the applicable Released Property and (y) reduce the amount of Minimum Rent (as defined in the Operating Lease) by the amount of Minimum Rent allocable to such Released Property as set forth in the Operating Lease; (ii) increase or reduce the amount of Percentage Rent (as defined in the Operating Lease) payable under the Operating Lease; and (iii) increase or reduce the amount of Minimum Rent payable under the Operating Lease; provided, that in the case of an increase in Minimum Rent, such Minimum Rent shall only be increased to the then fair market value, based on transfer pricing studies conducted by an Independent CPA reasonably acceptable to Lender (any “Big 4” Independent CPA being deemed acceptable).

  • True Lease Landlord and Tenant intend for this Lease to be a true lease and not a transaction creating a financing arrangement. Each party shall take all reasonable steps to reflect the transaction represented hereby in all applicable books, records and reports (including, without limitation, income tax filings) in a manner consistent with "true lease" treatment rather than "financing" treatment.

  • Extension of Lease Term The Original Lease Term is hereby extended for a period of eighteen (18) months continuing through and including November 30, 2022 (the “Extension Term” and the Original Lease Term as so extended by the Extension Term, the “Lease Term”).

  • The Lease 4.1. By this lease the Landlord lets and the Tenant takes the Premises for the Term at the Rent and subject ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

  • Ground Lease Reserved.

  • Sublease Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • Rental Agreement All of the Roommates agree to be bound by all of the terms of the Rental Agreement.

  • Master Lease A. All the obligations contained in the Master Lease conferred and imposed upon Sublessor (as Tenant therein) shall be borne by Sublessor and Sublessee in accordance with the Sublessor's Percentage and the Sublessee's Percentage, respectively, except as modified and amended by this Sublease, and all rights and privileges contained in the Master Lease conferred upon Sublessor (as Tenant therein), are hereby conferred and imposed upon Sublessee, to the extent of Sublessee's Percentage. Sublessor covenants and agrees it will make payment of the rentals reserved under the Master Lease as and when due, will perform Sublessor's insurance obligations under the Master Lease, and will otherwise fully and faithfully perform the terms and conditions of the Master Lease with respect to the Sublessor's Percentage. Sublessee covenants and agrees to otherwise fully and faithfully perform the terms and conditions of the Master Lease and the Sublease on its part to be performed. Neither the Sublessor nor Sublessee shall do or cause to be done any act which would or might cause the Master Lease, or the rights of Sublessor as tenant under the Master Lease to be endangered, cancelled, terminated, forfeited or surrendered, or which would or might cause Sublessor to be in default thereunder or liable for any damage, claim or penalty. Sublessee agrees, as an express inducement for Sublessor executing this Sublease, that if there is any conflict between the provisions of the Master Lease and this Sublease which would permit Sublessee to do or cause to be done any act which is prohibited by the Master Lease then the provisions of the Master Lease shall prevail.

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