Examples of Land Lease in a sentence
In connection with the Quarterly Report on Form 10-Q of American Land Lease, Inc.
The Land Lessor must not assign or transfer its rights and obligations under the Land Lease unless it assigns and transfers, at the same time and to the same person, all of its rights and obligations under this Deed.
Notwithstanding anything to the contrary contained herein, it is hereby recorded between the Parties that only upon the execution of the Land Lease Agreement, the Developer shall be entitled to free and unrestricted use and development of the vacant and unencumbered Site during the Concession Period under and in accordance with the provisions of this Agreement and for no other purpose whatsoever.
The Authority shall execute or cause to be executed, the Land Lease Agreement for the said purposes subject to and in accordance with terms of this Agreement.
It is expressly agreed that the Right of Way granted hereunder or lease agreed to be granted under the Land Lease Agreement shall terminate automatically and forthwith, without the need for any action to be taken by the Authority to terminate the lease, upon the Termination of this Agreement for any reason whatsoever.