Lessee will Sample Clauses
The "Lessee will" clause outlines the specific obligations and responsibilities that the lessee must fulfill under the terms of a lease agreement. This may include duties such as paying rent on time, maintaining the leased property, obtaining necessary insurance, or complying with applicable laws and regulations. By clearly stating what actions the lessee is required to take, this clause ensures both parties understand the lessee's commitments, thereby reducing the risk of disputes and promoting smooth operation of the lease.
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Lessee will. Notify Lessor forthwith of the occurrence of any Default or any other event which might adversely affect Lessee's ability to perform any of its obligations under this Agreement;
Lessee will. Cause accurate, complete and current records of all flights made by, and all maintenance carried out on, the Aircraft (including in relation to each Engine and Part subse- quently installed, before the installation) to be kept; keep the records in such manner as the Air Authority may from time to time require, and ensure that they comply with the recommendations of any manufacturers of the Aircraft, any Engine or any Part. The records will form part of the Aircraft Documents; and
Lessee will maintain its business as a cargo airline, preserve its corporate existence (other than as permitted in Section 8.7 (vii) below) and maintain all rights, privileges, licenses and franchises material thereto or material to performing its obligations under the Lease;
Lessee will. TAKE GOOD CARE of property of Lessor including proper cleaning of the premises and will report promptly to PROPERTY MANAGER any repairs recognized as being needed on Lessor’s property, fixtures, or furnishings. Lack of such cleaning or notification may result in the Lessee being charged for cleaning, repairs, or replacements during the lease term. PROPERTY MANAGER shall have the right to make repairs, renovations, and alterations at reasonable times. If the residence is damaged by other than ordinary wear and tear, the PROPERTY MANAGER shall make such repairs and replacements and Lessee shall pay the cost of same upon presentation of the bi▇▇. Premises may not be used for business purposes. Lessee will keep any grass and shrubberies on the property trimmed for the entire lease term, and otherwise maintain the grounds in good order, to include snow removal. Lessee will pay promptly all bills for utility services to the residence which is billed separately to Lessee. Lessee will furnish all utilities unless specified under "Special Provisions" noted on page two. Any such cleaning costs, repair costs, or utility bills paid by the PROPERTY MANAGER or Lessor on behalf of the Lessee shall be deemed additional rent. Lessee agrees to thoroughly clean unit upon vacating, as outlined in the Standard Vacating Checklist. If applicable, Lessor will provide professional carpet cleaning, fumigation, and chimney sweeping after lease termination and deduct the cost from the security deposit; regardless of whether Lessee has this work completed themselves.
A. In order to avoid damage to the plumbing fixtures or other property from the effects of cold temperatures, Lessee(s) agree to maintain a thermostat setting of a minimum of fifty-five (55) degrees Fahrenheit at all times. Lessee(s) further agree that under no circumstance will the thermostat be completely shut off. Damage resulting from neglect to abide by these guidelines will result in charges to the Lessee’s account to repair the residence.
B. Neither Lessees, guests (invited or uninvited), or family members shall obtain, possess, use, administer, dispense, cultivate, manufacture or distribute any illegal drug, controlled substance or marijuana on or in the Premises. Illegal firearms, weapons, or explosives of any kind are strictly prohibited on or in the Premises
C. ILLEGAL SUBSTANCES: Lessee covenants that Lessee and any person in their household and/or on the PREMISES with their consent shall not obtain, possess, ...
Lessee will. (a) ensure that all legal requirements as to insurance of the Aircraft, any Engine or any Part which may from time to time be imposed by the laws of the State of Registration, the Habitual Base or any state to, from or over which the Aircraft may be flown, in so far as they affect or concern the operation of the Aircraft, are complied with to ensure that (i) the Aircraft is not in danger of detention or forfeiture, (ii) the Insurances remain valid ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. and in full force and effect, and (iii) the interests of the Indemnitees in the Insurances and the Aircraft, the Engines or any Part are not thereby prejudiced;
(b) not use, cause or permit the Aircraft, any Engine or any Part to be used for any purpose or in any manner not covered by the Insurances or outside any geographical limit imposed by the Insurances;
Lessee will. (i) maintain its business as a commercial scheduled airline, will preserve its corporate existence (other than as permitted in Section 8.7 (vii) below) and will maintain all rights, privileges, licenses and franchises material thereto or material to performing its obligations under the Lease;
(ii) not operate, maintain, insure or deal with, or keep records with respect to, the Aircraft in a manner which discriminates against the Aircraft adversely insofar as
Lessee will. (i) maintain its business as a commercial scheduled airline, will preserve its corporate existence (other than as permitted in connection with a solvent reorganization on terms which shall have been previously approved in writing by Lessor and Section 8.7 (vii) below) and will maintain all rights, privileges, licenses and franchises material thereto or material to performing its obligations under the Lease;
(ii) not operate, maintain, insure or deal with, or keep records with respect to, the Engine in a manner which discriminates against the Engine adversely insofar as Lessor’s, Owner’s or Financing Parties’ interests are concerned, when compared with the manner in which Lessee operates, maintains, insures or deals with, or keep records with respect to, similar engines or parts in Lessee’s fleet;
(iii) not change (1) the location of its chief executive office from that described in the heading of the Engine Lease Agreement, (ii) the designated service of process agent set forth in Section 15.8(c), or (iii) otherwise be located (as defined in Section 9-103(3)(d) of the UCC) at any place in the United States other than the location described in Schedule 2, except upon ten (10) days prior written notice thereof to Lessor;
(iv) not liquidate or dissolve, except in the case where a mandatory liquidation occurs or pursuant to a solvent reorganization, consolidation or merger permitted hereunder or with the prior written consent of Lessor which consent, in each case, shall not be unreasonably withheld;
(v) not consolidate with or merge into or with any other corporation or other Person, and not convey, transfer, lease or otherwise dispose of all or substantially all of its property and other assets to, or acquire all or any substantial part of the property or other assets or capital stock of (if such acquisition is analogous in either purpose or effect to a consolidation or merger), any corporation or other Person, unless Lessee provides Lessor with not less than thirty (30) days prior written notice of such transaction describing such transaction in reasonable detail and providing Lessor with evidence reasonably satisfactory to Lessor demonstrating that such transaction (x) shall not have any material adverse effect on the rights of Lessor, Owner or the Financing Parties’ Representative under or in respect of the Lease or the Engine; and all applicable requirements of the Financing Documents shall have been complied with in connection therewith and (y) no Defaul...
