Common use of IN TRUST Clause in Contracts

IN TRUST. The parties hereto acknowledge that Landlord holds all portions of the San Mateo County Harbor District (including, but not limited to, the Premises, Property and tidelands) in trust for the People of the State of California. As trustee, the Landlord must exercise continuous supervision and control over the Premises. This Lease is subject to Xxxxxxxx's obligation, as trustee, with respect to the Premises, as such obligation has been, or may in the future be, further defined or described under California law. Notwithstanding anything to the contrary, express or implied in this Lease, this Lease is subject and subordinate to that certain grant of lands from the State to San Mateo County Harbor District pursuant to Stats. 1960, first Extraordinary Session, Chapter 68, effective July 7, 1960 (the “Grant Conditions”), including without limitation Sections 1(a) and (b) (affecting permitted uses, and allowing use by the State of California), 1(c) (prohibiting discrimination in charges, uses and services) and 1(f) (giving the State the right to use for highway purposes without compensation). Tenant hereby acknowledges, represents and warrants that it has reviewed and approved the Grant Conditions. Tenant hereby agrees to comply with and not violate the Grant Conditions.

IN TRUST. The parties hereto acknowledge that Landlord District holds all portions of the San Mateo County Harbor District (including, but not limited to, the Premises, Property Premises and tidelands) in trust for the People of the State of California. As trustee, the Landlord District must exercise continuous supervision and control over the Premises. This Lease is subject to Xxxxxxxx's District’s obligation, as trustee, with respect to the Premises, as such obligation has been, or may in the future be, further defined or described under California law. Notwithstanding anything to the contrary, express or implied in this Lease, this Lease is subject and subordinate to that certain grant of lands from the State to San Mateo County Harbor District pursuant to Stats. 1960, first Extraordinary Session, Chapter 68, effective July 7, 1960 (the “Grant Conditions”), including without limitation Sections 1(a) and an (b) (affecting permitted uses, and allowing use by the State of California), 1(c) (prohibiting discrimination in charges, uses and services) and 1(f) (giving the State the right to use for highway purposes without compensation). Tenant hereby acknowledges, represents and warrants that it has reviewed and approved the Grant Conditions. Tenant hereby agrees to comply with and not violate the Grant Conditions.

IN TRUST. The parties hereto acknowledge that Landlord District holds all portions of the San Mateo County Harbor District (including, but not limited to, the Premises, Property Premises and tidelands) in trust for the People of the State of California. As trustee, the Landlord District must exercise continuous supervision and control over the Premises. This Lease is subject to XxxxxxxxDistrict's obligation, as trustee, with respect to the Premises, as such obligation has been, or may in the future be, further defined or described under California law. Notwithstanding anything to the contrary, express or implied in this Lease, this Lease is subject and subordinate to that certain grant of lands from the State to San Mateo County Harbor District pursuant to Stats. 1960, first Extraordinary Session, Chapter 68, effective July 7, 1960 (the “Grant Conditions”), including without limitation Sections 1(a) and an (b) (affecting permitted uses, and allowing use by the State of California), 1(c) (prohibiting discrimination in charges, uses and services) and 1(f) (giving the State the right to use for highway purposes without compensation). Tenant hereby acknowledges, represents and warrants that it has reviewed and approved the Grant Conditions. Tenant hereby agrees to comply with and not violate the Grant Conditions.

IN TRUST. The parties hereto acknowledge that Landlord District holds all portions of the San Mateo County Harbor District (including, but not limited to, the Premises, Property Premises and tidelands) in trust for the People of the State of California. As trustee, the Landlord District must exercise continuous supervision and control over the Premises. This Lease is subject to XxxxxxxxDistrict's obligation, as trustee, with respect to the Premises, as such obligation has been, or may in the future be, further defined or described under California law. Notwithstanding anything to the contrary, express or implied in this Lease, this Lease is subject and subordinate to that certain grant of lands from the State to San Mateo County Harbor District pursuant to Stats. 1960, first Extraordinary Session, Chapter 68, effective July 7, 1960 (the “Grant Conditions”), including without limitation Sections 1(a) and an (b) (affecting permitted uses, and allowing use by the State of California), 1(c) (prohibiting discrimination in charges, uses and services) and 1(f) (giving the State the right to use for highway purposes without compensation). Tenant hereby acknowledges, represents and warrants that it has reviewed and approved the Grant Conditions. Tenant hereby agrees to comply with and not violate the Grant Conditions. Signatures on following page.

IN TRUST. The parties hereto acknowledge that Landlord District holds all portions of the San Mateo County Harbor District (including, but not limited to, the Premises, Property Premises and tidelands) in trust for the People of the State of California. As trustee, the Landlord District must exercise continuous supervision and control over the Premises. This Lease is subject to Xxxxxxxx's District’s obligation, as trustee, with respect to the Premises, as such obligation has been, or may in the future be, further defined or described under California law. Notwithstanding anything to the contrary, express or implied in this Lease, this Lease is subject and subordinate to that certain grant of lands from the State to San Mateo County Harbor District pursuant to Stats. 1960, first Extraordinary Session, Chapter 68, effective July 7, 1960 (the “Grant Conditions”), including without limitation Sections 1(a) and an (b) (affecting permitted uses, and allowing use by the State of California), 1(c) (prohibiting discrimination in charges, uses and services) and 1(f) (giving the State the right to use for highway purposes without compensation). Tenant hereby acknowledges, represents and warrants that it has reviewed and approved the Grant Conditions. Tenant hereby agrees to comply with and not violate the Grant Conditions.. Signatures on following page: