Lease of the Leased Property. The Trustee demises and leases the Leased Property to the City and the City leases the Leased Property from the Trustee, in accordance with the provisions of this Lease, subject only to Permitted Encumbrances, to have and to hold for the Lease Term. The City and the Trustee acknowledge that the City owns the Leased Property and the City has leased the Leased Property to the Trustee pursuant to the Site Lease; and the City and the Trustee intend that there be no merger of the City’s interests as sublessee under this Lease and the City’s ownership interest in the Leased Property so as to cause the cancellation of the Site Lease or this Lease, or an impairment of the leasehold and subleasehold interest intended to be created by the Site Lease and this Lease.
Lease of the Leased Property. The Corporation hereby leases to the City, and the City hereby rents and hires from the Corporation, the Leased Property on the conditions and terms hereinafter set forth. The City hereby agrees and covenants that during the term hereof, except as hereinafter provided, it will use the Leased Property for public purposes so as to afford the public the benefits contemplated hereby and so as to permit the Corporation to carry out its agreements and covenants contained herein and in the Trust Agreement, and the City hereby further agrees and covenants that during the term hereof that it will not abandon or vacate the Leased Property.
Lease of the Leased Property. The City hereby leases to the Authority and the Authority hereby rents from the City, on the terms and conditions hereinafter set forth, the Leased Property including, but not limited to, the right, upon the occurrence of an Event of Default under the Lease, to receive rent and other income derived from the Existing Leases. The Authority hereby acknowledges existing encumbrances on the Leased Property, including, but not limited to, the Existing Leases and restrictions relating to the grant of the Mission Bay Sites to the City by the State in trust for the uses and purposes and upon the express conditions as provided in an act of legislative approved April 27, 1945 Statutes of California Chapter 143 and the rights therein reserved to the people of the State.
Lease of the Leased Property. The Corporation hereby leases to the County, and the County hereby rents and hires from the Corporation, the Leased Property on the conditions and terms hereinafter set forth. The County hereby agrees and covenants that during the term hereof, except as hereinafter provided, it will use the Leased Property for public purposes so as to afford the public the benefits contemplated hereby, and so as to permit the Corporation to carry out its agreements and covenants contained herein, in the Loan Agreement and in the Indenture, and the County hereby further agrees and covenants that during the term hereof that it will not abandon the Leased Property.
Lease of the Leased Property. The Lessor, by means of the agreement herein, leases to the Lessee and the Lessee leases from the Lessor the Leased Property, together with all its easements and rights of way belonging to it.
Lease of the Leased Property. The Corporation shall not lease the Leased Property as lessor except pursuant to the Facility Lease.
Lease of the Leased Property. Upon the terms and subject to the conditions set forth in this Lease and each Lease Supplement, and in consideration for the rents and covenants herein stipulated to be performed by the Lessee, the Lessor hereby leases to the Lessee the Leased Property. This Lease shall be effective with respect to any Components described on Schedule 1 to each Lease Supplement executed and delivered by the Lessor and the Lessee from time to time. Such Components shall be subject to the terms and conditions of this Lease from and after the date on which a Lease Supplement relating to such Components is executed and delivered for the period commencing on the date of execution and delivery of such Lease Supplement. Simultaneously with the delivery of each Requisition pursuant to Section 5 hereof, the Lessee shall deliver to the Lessor an executed Lease Supplement with respect to the Components included in the Actual Project Costs described in such Requisition.
Lease of the Leased Property. 2.1 Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the Leased Property in the conditions as delivered by GAIM REGIOMONTANA. The Leased Property consists of the Building with an area of approximately 92,883 square feet built on the Land with a surface of approximately 18,215.40 square meters. The Leased Property is totally identified in Exhibit "B" including the Specifications set forth in Exhibit "H" attached hereto as part of this Lease.
Lease of the Leased Property. 2.1 Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the Leased Property. The Leased Property consists of a Building, to be erected in the terms and conditions established herein, with an area of approximately 100,614.91 square feet which will include within such area approximately 5,000.00 square feet of offices, 2,500.00 square feet for an additional office area, 300.00 square feet for compressor room, 258.33 square feet of pump room and 106.56 square feet of guard house spaces, constructed over a Land surface of approximately 20,096.219 square meters. The Leased Property is totally identified in the Exhibit “B” which is attached hereto as part of this Lease.
Lease of the Leased Property. The City hereby leases to the Authority and the Authority hereby rents from the City, on the terms and conditions hereinafter set forth, the Leased Property, subject to the Permitted Encumbrances (as defined in the Lease) existing as of the date hereof.
