PROJECT SITE LEASE Sample Clauses

PROJECT SITE LEASE. This SITE LEASE is dated as of and is by and between the Saddleback Valley Unified School District, a school district duly organized and existing under the laws of the State of California (the “District”) as lessor and , a California corporation operating under the laws of the State of California (the “Lessee”).
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PROJECT SITE LEASE. The Authority represents and warrants that it holds marketable, fee simple title to (i) Exhibit A attached hereto containing approximately 84 acres (the “Main Site”), and (ii) Exhibit B attached hereto containing approximately six acres (the “Ancillary Site” and together with the Main Site, the “Project Site”), all such property being located in the Commerce Park. As provided in that certain Inducement Agreement, dated as of the date hereof (the “Inducement Agreement”), between the Company and the Authority, in the event that the Ancillary Site is removed from the Project (and only at and from such point), the Main Site alone shall constitute the “Project Site” for all purposes under this Agreement and the transactions contemplated hereby.
PROJECT SITE LEASE. This SITE LEASE is dated as of _____________, 2017 and is by and between the CARDIFF SCHOOL DISTRICT, a school district duly organized and existing under the laws of the State of California (the "District") as lessor and _________________________, a corporation organized and operating under the laws of the State of California (the "Lessee").
PROJECT SITE LEASE. The Lease will be executed and delivered, substantially in the form attached hereto as Exhibit A. The Rent Commencement Date is the date on which Lease payments to Phoenix begin to accrue, which is also the date on which Commencement of Construction occurs.
PROJECT SITE LEASE. The Authority represents and warrants that it holds marketable, fee simple title to the property described on Exhibit A attached hereto containing approximately 43.2 acres (the “Project Site”) located in the Industrial Park. The Authority agrees (i) at the request of the Company, to enter into a lease agreement (the “Lease”) with respect to the Project Site and all improvements located thereon, as well as the machinery, equipment and other personal property installed therein or located thereon as part of the Project between the Authority, as lessor, and the Company, as lessee. The Lease shall contain the provisions described on Exhibit B attached hereto and such other terms and provisions as may be acceptable to the Authority and the Company.
PROJECT SITE LEASE. This [Insert Project] Project Site Lease (“Site Lease”), dated for reference purposes as of is made by and between the Saddleback Valley Unified School District (“District”), a public school district organized and existing under the laws of the State of California and the lessor herein, and (“Contractor”), a designated as entity number by the California Secretary of State and the lessee herein. The District and the Contractor may be referred to herein individually as a “Party” and collectively as the “Parties.”

Related to PROJECT SITE LEASE

  • Operating Lease Without Lender’s prior written consent, Borrower shall not permit Mortgage Borrower or Property Owner to (a) surrender, terminate or cancel the Operating Lease; (b) reduce or consent to the reduction of the term of the Operating Lease; (c) increase or consent to the increase of the amount of any charges under the Operating Lease; (d) modify, change, supplement, alter or amend the Operating Lease or waive or release any of Borrower’s or Property Owner’s rights and remedies under the Operating Lease, except as contemplated in connection with a Restructuring; or (e) waive, excuse, condone or in any way release or discharge Operating Lessee of or from Operating Lessee’s material obligations, covenants and/or conditions under the Operating Lease, except to the extent such Operating Lessee’s obligations are assumed in connection with a Restructuring. Notwithstanding the foregoing provisions of this Section 5.2.12 to the contrary, Borrower may cause or permit Mortgage Borrower and Property Owner to amend the Operating Lease without Lender’s prior written consent as follows: (i) in connection with a Release Prepayment, the Operating Lease shall be amended (or deemed amended) to (x) terminate the Operating Lease with respect to the applicable Released Property and (y) reduce the amount of Minimum Rent (as defined in the Operating Lease) by the amount of Minimum Rent allocable to such Released Property as set forth in the Operating Lease; (ii) increase or reduce the amount of Percentage Rent (as defined in the Operating Lease) payable under the Operating Lease; and (iii) increase or reduce the amount of Minimum Rent payable under the Operating Lease; provided, that in the case of an increase in Minimum Rent, such Minimum Rent shall only be increased to the then fair market value, based on transfer pricing studies conducted by an Independent CPA reasonably acceptable to Lender (any “Big 4” Independent CPA being deemed acceptable).

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