The Leased Property. In accordance with the terms of this Agreement, the Lessor hereby delivers to the Lessee the use and temporary possession of the Leased Property and the Lessee accepts the same and agrees to be obligated to use and enjoy the Leased Property in accordance with the provisions of this Agreement and the applicable Laws.
The Leased Property. 2.1 The leased property which consists of a store, offices, stockroom, garbage storage and a part of technical room on the ground/floor is a total of 1.176,5 square meters (hereafter SM), but included in that figures is a 142,4 sm. mezzanine. If the size of the mezzanine changes the rent changes according to that.
The Leased Property. The parties agree to extend the leased spaces under the Basic Lease Agreement (as amended by Addenda 1 to 18) with effect from 1/01/2020: at the Mechelen Campus office site at Schaliënhoevedreef 20F in 2800 Mechelen:
The Leased Property. 3.1 The Leased property, under the Basic Lease Contract, covers an area of 1428.78 square meters on the first floor of the building and an area of 354.45 square meters on the third floor of the building (hereinafter- ''the Basic Leased Property''). In addition there is available at the disposal and for the exclusive use of the Lessee, the storerooms covering an area of 146 square meters as detailed in the Addendum to the Basic Lease Contract dated December 16, 2002 (hereinafter- ''the Storerooms''). The Lessee undertakes to lease from the Lessor and the Lessor undertakes to lease to the Lessee, the Basic Leased Property and the storerooms, for the whole of the New Lease Period.
The Leased Property. CITY demises and leases to XXXXXXX the real ------------------- property with improvements to be constructed, located at Spartanburg Downtown Memorial Airport, hereinafter described in Exhibit A, which is attached hereto --------- and, by reference, made a part of this Agreement together with such privileges and appurtenances as are set forth in this Agreement. XXXXXXX intends to construct a hangar of approximately Eighteen Thousand (18,000) square feet at an estimated cost of Nine Hundred Thousand and No/100 Dollars ($900,000.00) for use by XXXXXXX.
The Leased Property. The Leased Property shall have an area of approximately: XXX 00/00 XXXXXX XXXXX XXXXXXXX XXX XXXXXXX SIXTY FIVE (27,165) square meters. In the event that the actual area of the Leased Property is reduced for whatever reason during the effectivity of this Contract of Lease, the Parties undertake that they will, in good faith and with their best efforts, cause an amendment of this Contract of Lease for the purpose of reducing the amount of lease payments discussed and provided in Article I, Section 3 hereof in proportion to, and to the extent of, the area excluded from the original area of the Leased Property as indicated herein; Provided, however, that any reduction of the area of the Leased Property shall only become effective if LESSEE shall have given its prior written consent thereto.
The Leased Property. 2.1 Property Type: [ e.g. apartment, house, room ]
The Leased Property. Under the terms of this Lease Contract, the LESSOR hereby delivers in lease to the LESSEE, the temporary use, enjoyment and possession of a certain plot of land (the "Land") and the building for industrial use constructed thereon (the "Building"), situated at Xxxxxxxxx Xxxxxxxx 0000, in the City of Xxxxxx, State of Chihuahua, Mexico. Said Land consists of a surface area of approximately 11,444.63 square meters (equivalent to approximately 123,189 square feet). Building contains a total area of approximately 4,269.13 square meters (equivalent to approximately 45,931 square feet). The Land and the Building are herein jointly referred to as the "Leased Property" and are shown on the plan that is attached to this Lease Contract as Exhibit "A". SECOND -- OWNERSHIP OF THE LEASED PROPERTY: LESSOR has the clear and unrestricted ownership and control of the Leased Property, and the LESSEE shall have the quiet enjoyment of it. LESSOR and LESSEE agree that as provided by Article 2308 of the Civil Code of the State of Chihuahua, this Lease Contract shall survive any future transfer of the Leased Property or foreclosure of any lien or mortgage on the Leased Property and that any default by LESSOR in payment of any such lien or mortgage shall in no way prejudice the terms of this Lease Contract; or otherwise affect LESSEE's rights under this Lease Contract; and that any mortgage on the Leased Property shall contain a provision acknowledging the existence and duration of this Lease Contract and the agreement by the Lender or holder of such mortgage not to disturb LESSEE's peaceful and quiet possession and enjoyment of the Leased Property or the rights of LESSEE under this Lease Contract. LESSOR represents that now and when Final Occupancy is delivered to LESSEE, the Leased Property is and will not be in violation of any Federal, State or Municipal Laws that are applicable to the Leased Property in accordance with this Lease Contract and to LESSOR. THIRD -- DELIVERY OF THE LEASED PROPERTY: The LESSOR will deliver the Leased Property to LESSEE, for beneficial occupancy (the "Beneficial Occupancy") upon execution of this Lease Contract (hereinafter the "Effective Date"). The obligation of LESSEE for payments of insurance, utilities, and the maintenance under this Lease Contract will commence on the Effective Date. Upon execution hereof LESSOR will commence the construction of the Improvements to the Leased Property listed in Exhibit "B". The cost of the Improvements to Leas...
The Leased Property. Under the covenants made under this agreement, the LESSOR hereby delivers in lease to the LESSEE, and the LESSEE receives in lease, the use and temporary possession of the Leased Property that is built to this date. The LESSOR covenants and agrees to deliver the use and possession of the remaining portion of the Leased Property to the LESSEE, and the LESSEE covenants and agrees to receive same, as the construction thereof is finalized.
The Leased Property. The property hereby leased to the Tenant is 5.31 acres of land (the “Land”) located at 0000 Xxxx Xxxxxxxx Xxxxxx in Florence, South Carolina, more particularly described in Exhibit “A” attached hereto, together with the buildings and other improvements located thereon (collectively the “Improvements”). The Land and Improvements leased hereunder, together with all Landlord’s right, title and interest, if any, in and to all easements and other appurtenances thereto, hereinafter sometimes collectively referred to as the “Leased Property”, are demised and let to Tenant subject to the herein stated terms and conditions.
