Leasehold. If a leasehold estate constitutes a portion of the Trust Estate, Trustor agrees not to amend, modify, extend, renew or terminate such leasehold estate, any interest therein, or the lease granting such leasehold estate without the prior written consent of Beneficiary, which consent may be withheld by Beneficiary in its absolute and sole discretion. Consent to one amendment, modification, extension or renewal shall not be deemed to be a waiver of the right to require consent to other, future or successive amendments, modifications, extensions or renewals. Trustor agrees to perform all obligations and agreements under said leasehold and shall not take any action or omit to take any action which would effect or permit the termination of said leasehold. Trustor agrees to promptly notify Beneficiary in writing with respect to any default or alleged default by any party thereto and to deliver to Beneficiary copies of all notices, demands, complaints or other communications received or given by Trustor with respect to any such default or alleged default. Beneficiary shall have the option to cure any such default and to perform any or all of Trustor’s obligations thereunder. All sums expended by Beneficiary in curing any such default shall be secured hereby and shall be immediately due and payable without demand or notice and shall bear interest from date of expenditure at the Agreed Rate.
Leasehold. You understand and agree that the address of the Home described in the Lease is comprised of the following: A single bedroom or A single bedroom and single bathroom. The Home is part of a larger apartment suite (the “Suite”) that includes a kitchen and a living/dining area and may or may not include one or more shared bathrooms. You agree that the use and occupancy of the kitchen and living/dining areas and bathroom(s), if any, are common in nature and that You shall share use and occupancy of such areas with the other tenants of the Suite.
Leasehold. (a) The provisions contained in this Deed of Trust shall be deemed to be obligations of Trustor in addition to Trustor's obligations as tenant with respect to similar matters under which Trustor is obligated under the Facility Lease and shall not restrict or limit Trustor's duties and obligations to keep and perform promptly all of its covenants, agreements and obligations as tenant under such Facility Lease.
Leasehold. SECI shall be responsible for acquiring leases by direct purchase and/or pursuant to option agreements or other contractual agreements and shall, assign to Participant its Participation Interest in said lease(s) immediately after the first sales from a producing well on the spacing unit for the leases to be assigned unless otherwise requested in writing by Participant for good cause. SECI shall be responsible for maintenance of leases within the Project Area and shall timely remit lease payments, rental and option extensions when due, and comply with the other obligations of the lease(s) and option agreements on behalf of Participant. SECI shall not be liable for either direct or consequential damages resulting from SECI’s failure to timely make lease payment, rental or extension payment absent a showing of gross negligence, willful misconduct or wanton disregard of responsibilities in the failure to make such payment. In the event Participant elects to participate in the lease payment, rental or option extension, Participant agrees to bear its proportionate share of any such payment incurred by SECI in its behalf.
Leasehold. On or before January 31, 2001, Borrower shall deliver to the Lenders a fully executed (by all lessee(s) and lessor(s)) a collateral assignment of lease and landlord's acknowledgement and consent with respect to Borrower's Boston, Massachusetts facility, in form and substance satisfactory to the Lenders.
Leasehold. The number, identity, and location of FiveCom Fibers shall be set forth in a schedule that will be one of the Deliverables to be provided under Section 6. FiveCom shall only have the right to use the fiber optic filaments within the Cable designated as FiveCom Fibers on that Deliverable, and the remaining fiber optic filaments within the Cable shall be designated as NEP Fibers.
Leasehold. All of Seller’s right, title and interest in and to the following: (i) an undivided twenty percent (20%) of 8/8ths interest in and to all oil and gas leases and subleases, including renewals, extensions, ratifications and amendments to such leases and subleases, and further including working interests, rights of assignment and reassignment, net revenue interests and undeveloped locations under or in oil, gas or mineral leases, and interests in rights to explore for and produce oil, gas or other minerals insofar and only insofar as such rights, titles and interests are described in Exhibit “A”, attached hereto and made a part hereof, and (ii) an undivided fifty percent (50%) of 8/8ths interest in and to all oil and gas leases and subleases, including renewals, extensions, ratifications and amendments to such leases and subleases, and further including working interests, rights of assignment and reassignment, net revenue interests and undeveloped locations under or in oil, gas or mineral leases, and interests in rights to explore for and produce oil, gas or other minerals insofar and only insofar as such rights, titles and interests are described in Exhibit “A-1”, attached and made a part hereof, SAVE AND EXCEPT, AND EXPRESSLY RESERVING AND EXCEPTING unto Seller (i) the wellbore rights and the right to produce from the Haynesville formation in the Goodrich Petroleum Company — James Cook No. 1 well, found in Section 14, T14S, R16W, Caddo Parish, Louisiana and the Goodrich Petroleum Company — Clarence Brown No. 1 well, found in Section 11, T14S, R16W, and (ii) as to the Leases (as defined below), all of such rights, title and interest as to all intervals, formations, strata and depths located between the surface of the Earth down to the subsurface depth which is the stratigraphic equivalent of the base of the Cotton Valley formation being defined as the stratigraphic equivalent of the sand found at 10,550” measured depth in the Goodrich Petroleum Company — James Cook #1, Section 14, T14S, R16W, Caddo Parish, LA (“Excluded Formations”) together with such wells, production, equipment, operational rights, contract rights, unit rights, rights of ingress and egress, road, pipeline and other easement rights, and any other rights, titles, interests, permits or privileges that relate directly to or are used in connection with the Excluded Formations, including exploration for, drilling for, development of, operations for, and production, transportation, processing, an...