No Leasehold Interest. The Parties expressly acknowledge and agree that this License Agreement relates to the storage of personal property that is owned by Licensee and does not constitute a conveyance of any estate or interest in real property or of a residential building or residential premises, as these terms are defined by Minnesota Statutes Chapter 504B.
No Leasehold Interest. Tenant acknowledges and agrees that the privileges granted Tenant under this Article 39, if exercised, shall not be deemed to grant Tenant a leasehold or other real property interest in the Building or any portion thereof in connection with the Satellite Dish.
No Leasehold Interest. Upon sale, condemnation, exchange or other disposition of the Property, or any part thereof, and upon any other cancellation or termination of this Lease, either at or prior to the end of the lease term, Lessee will have no claim or right to any leasehold interest or any right to compensation for any leasehold interest based upon any unexpired term or expectation of extension or renewal of this Lease except as provided by applicable statute. This section does not change Xxxxxx's rights in the authorized improvements set forth in the section entitled "Improvements."
No Leasehold Interest. Concessionaire will be instructed or allowed to use particular areas of the Airport (Designated Operating Areas) for the exercise of the privileges hereunder. The Board may change the Designated Operating Areas at any time and for any reason, in the Board's sole discretion.
No Leasehold Interest. This Agreement is not to be construed in any way to grant to Licensee any leasehold or any other real property interest in the portions of the Building licensed hereby or in any other portion of the Building, it being intended that this Agreement merely grant to Licensee a license to enter upon and use the Facilities during the Term in accordance with the terms and conditions hereof. Nothing contained herein shall be construed to grant to Licensee any property or ownership interest in the Building or to create a partnership or joint venture between Licensor and Licensee.
No Leasehold Interest. The parties agree that the obligation, duties, and rights under this Agreement are in the nature of concessions. Nothing in this Agreement shall be construed as a lease, and no leasehold interest is created under the terms of this Agreement. Similarly, the Town is the owner of the Park and fields subject to this Agreement and nothing herein shall be construed to create any ownership interest by Charlotte Independence in the fields or Park.
No Leasehold Interest. The parties agree that the obligation, duties, and rights under this Agreement are in the nature of concessions. Nothing in this Agreement shall be construed as a lease, and no leasehold interest is created under the terms of this Agreement. Similarly, the Town is the owner of the Park and fields subject to this Agreement and nothing herein shall be construed to create any ownership interest by the MTTA in the fields or Park.
No Leasehold Interest. Nothing in this License is intended or to be treated as giving rise to a lease of real estate by the Licensor or Licensee. This License constitutes a license agreement that permits Licensee to operate its business at Navy Pier. The Licensor conveys no leasehold interest to Licensee by this License. Licensee and anyone acting for Licensee shall not file this License or any copy hereof, or any statement, paper or affidavit, in any way or manner referring to the License in the Office of the Recorder of Deeds of Cook County, Illinois, or in any other public office. If it, or any copy of it, or any statement, paper or affidavit referring to it is so filed, this License and each and every provision of it becomes, at the option of the Licensor, absolutely null and void, and the Licensor may declare the filing an Event of Default.
No Leasehold Interest. This Agreement is not to be construed as in any way granting to Licensee any leasehold or other real property interest in the Licensed Space, it being intended that this Agreement merely grants to Licensee a license to enter upon and use the Licensed Space during the term in accordance with the terms and conditions set forth in this Agreement. This Agreement shall not be recorded.
No Leasehold Interest. None of the Seller nor any Tax Affiliate of the Seller has any leasehold interest in the Property, or any leaseback of any portion of the Property that would result, at or immediately following the Closing, in a lease described in Section 514(c)(9)(B) (iii) of the Code, nor will any such lease or leaseback be created by the transactions contemplated by this Agreement.
