Lessee Obligations. The Lessee(s) jointly and severally agree(s):
Lessee Obligations. (i) To the extent that the transaction evidenced by the Lease Agreement, Purchase Agreement and other Operative Documents is treated as a loan by the Participants (through Lessor) to Lessee secured by the Property, with Lessee as owner of the Property pursuant to Paragraph 2.10, the Lessee Obligations shall be secured by the Real Property Collateral and the Personal Property Collateral (collectively, the "Property Collateral") as provided in Subparagraphs 2.07(a) and 2.07(b) of the Lease Agreement and in an Assignment of Construction Agreements in the form of Exhibit H, duly executed by Lessee (the "Assignment of Construction Agreements").
Lessee Obligations. The LESSEE, with full corporate and legal responsibilities, and under penalty of perjury, confirms that he is fully aware the courier of his financial ability and facilities with his bank when signing this LOI and/or other agreements and documents with the Provider. The Lessee further confirms that the Provider is authorized to verify the funds of each tranche of the Contract with his bank, if necessary. In the event of unsatisfactory verification, the transaction will be suspended immediately and the buyer is in breach of the Contract and liable for legal consequences.
Lessee Obligations. (i) To the extent that the transaction evidenced by the Lease Agreement, Purchase Agreement and other Operative Documents for either Facility is treated as a loan by the Participants (through Lessor) to Lessee secured by the Property for such Facility, with Lessee as owner of such Property pursuant to Paragraph 2.10, the Lessee Obligations under such Facility shall be secured by such Property and the other Real Property Collateral for such Facility and, in the case of Facility 2, Personal Property Collateral for such Facility (collectively, the "Property Collateral") as provided in Subparagraphs 2.07(a) and 2.07(b) of the applicable Lease Agreement and, in the case of Facility 2, in an Assignment of Construction 19 Agreements in the form of Exhibit H, duly executed by Lessee (the "Assignment of Construction Agreements").
Lessee Obligations. During the Term of this Lease, or for any longer period specified in this Lease, Lessee shall comply with the following provisions unless otherwise specifically approved in writing by County’s Lease Administrator:
Lessee Obligations. Lessee hereby agrees with Lessor that during the Term, it shall:
Lessee Obligations. Lessee shall timely assume and perform any and all obligations of Lessor under any covenants, easements, and agreements affecting the title to the Premises and shall diligently comply with, at its own expense during the Term hereof, all Applicable Laws concerning the Premises or any part thereof, or the use thereof, whether or not such Applicable Laws require the making of structural alterations or the use or application of portions of the Premises for compliance therewith or interfere with the use and enjoyment of the Premises, the intention of the parties being with respect thereto that Lessee, during the Term hereby granted, shall discharge and perform all the obligations of Lessor, as well as all obligations of Lessee, arising as aforesaid, and indemnify, defend, pay and hold Lessor harmless for, from and against all such matters, so that at all times the Net Rent of the Premises shall absolutely be net to the Lessor without deduction or expenses on account of any such law, act, rule, requirement, order direction, ordinance and/or regulation whatever it may be.
Lessee Obligations. No express obligation imposed upon Lessee shall relieve it of any otherwise existing duty of exploration, development, operation, marketing or protection, except to the extent of direct conflict with such express obligation, and all such express obligations shall be construed as providing minimal standards only. In case of ambiguity, this Lease always shall be construed in favor of Xxxxxx and against Xxxxxx.
Lessee Obligations. THE LESSEE is obliged to meet the Internal Regulations of the Residential Complex, the Standards of the Community of Owners, such that should the Lessee fail to meet them the LESSOR will be empowered to terminate the lease contract, with the sole requirement of written notice.
Lessee Obligations. The Lessee, at its sole cost and expenses, shall be responsible for the repair and maintenance of the leased premises, including but not limited to the repainting of inner and outer walls, changing of lightbulbs, heating, ventilating and air conditioning system (HVAC) replacement, and restorations and replacement of frames, windows, accessory parts, and doors thereof. The Lessee shall be responsible for the safety and cleanliness of the leased premises, such as the removal of general and hazardous wastes in accordance with the local, state, and federal laws.
