Common use of Leased Area Clause in Contracts

Leased Area. Commission is the owner of approximately 434 acres of real property located in Port ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ County, Washington, legally described and also depicted on Exhibit A hereto, together with all appurtenances, rights, and privileges now belonging or appertaining thereto (the “Property”). Approximately 90 acres of the Property, legally described and also depicted on Exhibit B (the “Campus”), includes those buildings, grounds, common areas, parking lots, and sidewalks located on said 90 acres of the Property including, without limitation, the seventy-one (71) buildings depicted on Exhibit C (the “Buildings”) and all associated appurtenant rights and easements thereto (including the easements described below). The Campus is the lease area subject to the reservations contained in this Lease and subject to various deed or grant restrictions affecting the Campus. As of the date of mutual execution of this Lease by Commission and Tenant (the “Effective Date”), Commission as landlord hereby leases to Tenant as tenant, and Tenant hereby leases from Commission, the Campus, subject to the obligations, terms, and conditions contained herein. Tenant’s right to use and occupy the Campus is subject to the State Reserved Rights.

Appears in 1 contract

Sources: Master Lease

Leased Area. Commission is the owner of approximately 434 acres of real property located in Port ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ County, Washington, legally described and also depicted on Exhibit A hereto, together with all appurtenances, rights, and privileges now belonging or appertaining thereto (the “Property”). Approximately 90 acres of the Property, legally described and also depicted on Exhibit B (the “Campus”), includes those buildings, grounds, common areas, parking lots, and sidewalks located on said 90 acres of the Property including, without limitation, the seventy-one (71) buildings depicted on Exhibit C (the “Buildings”) and all associated appurtenant rights and easements thereto (including the easements described below). The Campus is the lease area subject to the reservations contained in this a Master Lease and subject to various deed or grant restrictions affecting the Campus. As of the date of mutual execution of this that Master Lease by Commission and Tenant PDA (the “Effective Date”), Commission as landlord hereby leases leased to Tenant PDA as tenant, and Tenant hereby leases from Commission, master tenant the Campus, subject to the specific obligations, terms, and conditions contained hereinconditions. TenantPDA’s right to use and occupy the Campus is subject to the State Reserved Rights.

Appears in 1 contract

Sources: Lease