Common use of Usufruct Clause in Contracts

Usufruct. This Lease creates only the relationship of landlord and tenant between ▇▇▇▇▇▇ and Lessee, and no estate in land shall pass out of Lessor. Lessee shall have only a usufruct, not subject to levy and sale and not assignable in whole or in part by ▇▇▇▇▇▇ except as specifically provided in this Lease.

Appears in 2 contracts

Sources: Lease, Lease

Usufruct. This Lease creates only the relationship of landlord lessor and tenant lessee between ▇▇▇▇▇▇ Lessor and Lessee, and no estate in land shall pass out of Lessor. Lessee shall have only a usufruct, not subject to levy and sale and not assignable in whole or in part by ▇▇▇▇▇▇ Lessee except as specifically provided in this Lease.

Appears in 1 contract

Sources: Lease (Ashworth Inc)

Usufruct. This Lease creates only the relationship of landlord and tenant between ▇▇▇▇▇▇ and Lessee, and no estate in land shall pass out of Lessor. Lessee ▇▇▇▇▇▇ shall have only a usufruct, not subject to levy and sale and not assignable in whole or in part pan by ▇▇▇▇▇▇ except as specifically provided in this Lease.

Appears in 1 contract

Sources: Lease