Forward Lease Sample Clauses

Forward Lease. 4.1.1 In relation to the Forward Lease and: (a) subject to the provisions of this Agreement and the Forward Lease: and (b) in reliance on: (i) certain representations and undertakings made by the Lessee in the Master Forward Lease Agreement and in the Forward Lease; and (ii) the Lessee’s undertaking to pay the Advance Rental Payments and the Rental Payments. the Lessor leases (by way of a forward lease) the Leased Asset to the Lessee as from the Commencement Date for the Lease Term and the Lessee accepts such leasing arrangements. 4.1.2 The Lessor and the Lessee agree that: (a) the Forward Lease is a financing lease and not a tenancy contract; and (b) the Forward Lease does not grant any in rem or immoveable property rights over the Leased Asset.

Forward Lease. In relation to the Forward Lease and: (a) subject to the provisions of this Agreement and the Forward Lease; and (b) in reliance on: (i) certain representations and undertakings made by the Lessee in the Master Forward Lease Agreement and in the Forward Lease; and (ii) the Lessee’s undertaking to pay the Advance Rental Payments and the Rental Payments, the Lessor leases (by way of a forward lease) the Leased Asset to the Lessee as from the Commencement Date for the Lease Term and the Lessee accepts such leasing arrangements.