Lease 25 definition

Lease 25. Paid Up Oil and Gas Lease dated June 23, 2011, from Charles McClain, as Receiver for Mineral Interests in Cause No. 10-00-00000XXX, for Nancy Brown et al., as Lessor, to Ricochet Energy, Inc., as Lessee, xxxxxxxx in Volume 92, page 996, Official Public Records, Frio County, Texas, covering 1,985 acres of land, more or less, being the same land described in Lease 1.
Lease 25. Paid Up Oil and Gas Lease dated June 23, 2011, from Charles McClain, as Receiver for Mineral Interests in Cause No. 10-00-00000XXX, for Nancy Brown et al., as Lessor, to Ricochet Energy, Inc., as Lessee, xxxxxxxx in Volume 92, page 996, Official Public Records, Frio County, Texas, covering 1,985 acres of land, more or less, being the same land described in Lease 1. TRACT 2 - 640 ACRES Lease 1: Paid Up Oil and Gas Lease dated November 6, 2009, from Roxana Kelfer, Individually and as Trustee of the Louis A. Michael Xxxxx, xx Xessor, to Sien Energy Company, as Lxxxxx, rxxxxxxx in Volume 68, page 237, Official Public Records, Frio County, Texas, covering 640 acres of land, more or less, out of the E.A. Mudd Survey 8, A-1333, Frio County, Texas.

Examples of Lease 25 in a sentence

  • SCHEDULE 3 Fees Fees Paid to Manager by Owner: Management Fee 6% of collected rents (minimum fee of $84 per month) Leasing Fee New Lease: 50% of monthly lease amount Renewal Lease: 25% of renewal monthly lease amount New Lease: Manager (or an affiliate of Manager providing lease brokerage services) will receive a commission equal to 50% of one month of rent for each new lease, net of any commission paid or payable to any non-affiliated broker, agent or other person in respect of such lease.

  • If any portion of the Improvements is taken by condemnation and this Lease 25 remains in full force and effect, on the date of the taking, the minimum annual rent shall be reduced by an amount that is 28 condemnation and this Lease remains in full force and effect, on the date of taking the minimum annual rent shall be 29 reduced by the amount that is in the same ratio as the total number of parking spaces taken bears to the total number of 30 such spaces immediately before the date of taking.

  • Lessor, in consideration of the rents hereinafter reserved and of the covenants and conditions herein set forth to be performed by Lessee, does hereby demise and let unto Lessee, a portion of the real property and Improvements decribed in Exhibit "A" and "B" above and commonly referred to as the oact cido of the International Trade Building, containing approximately 29,829 square feet, described as Lease #25 of the Bellingham International Airport Binding Site Plan (hereinafter "Premises").

  • Tenant's Rights to Terminate Lease .......................................25 THIS LEASE AGREEMENT is made by and between Liberty Property Limited Partnership, a Pennsylvania limited partnership ("LANDLORD") with its address at 000 Xxxxxx Xxxx, Horsham, Pennsylvania 19044 and Neose Technologies, Inc.

  • Tenant acknowledges and agrees that Landlord is not required to obtain any license or permit related to the cultivation or sale or XX Xxxxxxxx, LLC – Lightshade Labs, LLC 2014 Commercial Lease 25 of 31 marijuana in Landlord’s capacity as the owner of real property as a result of Tenant’s use of the premises.

  • Abstract Property Property Tax Identification No. 000000000 Lease 25 - Tract: 0085 That part of the South Half of the Northeast Quarter lying South and West of the Railroad Right of Way and the North Half of the Southeast Quarter lying South of Railway Right of Way, all in Section 12, Township 101, Range 20 West of the 5th P.M., Xxxxxxxx County, State of Minnesota.

  • Signature Page to Lease (25 Sagamore Park Road) EXECUTED as a sealed instrument as of the date first hereinabove stated.

  • Fees Paid to Manager by Owner: SCHEDULE 3 Fees Management Fee 6% of collected rents (minimum fee of $84 per month) Leasing Fee New Lease: 50% of monthly lease amount Renewal Lease: 25% of renewal monthly lease amount New Lease: Manager (or an affiliate of Manager providing lease brokerage services) will receive a commission equal to 50% of one month of rent for each new lease, net of any commission paid or payable to any non-affiliated broker, agent or other person in respect of such lease.

  • Exhibit "A" Legal Description of the Property in which the Premises are located -- Lease #25 of the Airport Binding Site Plan Exhibit "B" Sketch of Premises Exhibit "C" To be attached in accordance with Section 2.1.2 herein.

  • SPECIAL PROVISIONS AND CONFLICTS; EXHIBITS 25 26.1 Incorporation in Lease 25 26.2 Conflicts 25 27.

Related to Lease 25

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any space in a structure, land, improvements or premises for any period of time.

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Lease Month means each calendar month during the Term (and if the Commencement Date does not occur on the first day of a calendar month, the period from the Commencement Date to the first day of the next calendar month shall be included in the first Lease Month for purposes of determining the duration of the Term and the monthly Basic Rent rate applicable for such partial month).

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Base Monthly Rent means the fixed monthly rent payable by Tenant pursuant to Section 3.1 which is specified in Section K of the Summary.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.