Lease Deeds definition
Examples of Lease Deeds in a sentence
AND WHEREAS by virtue of the aforesaid Lease Deeds, the Sub- Lessor is absolutely seized and possessed of or otherwise is permitted and is at liberty to Sub-lease the demised premises or any parts thereof subject to the covenant and conditions contained therein.
AND WHEREAS by virtue of the aforesaid Lease Deeds, the Lessee is absolutely seized and possessed of or otherwise is permitted and is at liberty to Sub-lease the demised premises or any parts thereof subject to the covenant and conditions contained therein.
In case of delay or default in payment of lease rental, the Association alone shall be liable for consequences thereof in accordance with the provisions of the Lease Deeds.
For the avoidance of doubt, it is hereby clarified that in the event where upon renewal of the Lease Deeds executed with WBIDC, the lease rental is increased, the Association shall be responsible for payment of the increased lease rental.
In the event that there are any changes in the rights, obligations, liabilities, interest or title enjoyed by the Allottee and the Association due to changes, variations and/or amendments to the Lease Deeds or the JVDA, the Allottee and the Association shall be bound by such changes and shall not hold BAPL or the Promoter liable on account thereof.
AND WHEREAS by virtue of the aforesaid Lease Deeds, the Sub-Lessor is absolutely seized and possessed of or otherwise is permitted and is at liberty to Sub-lease the demised premises or any parts thereof subject to the covenant and conditions contained therein.
Without prejudice to the generality of the aforesaid, on and from the Handover Date, the Association shall be responsible for payment of lease rental of INR 500 (Indian Rupees five hundred) per acre per year only or as modified by WBIDC in accordance with the Lease Deeds from time to time with respect to the area of the Said Land, in accordance with the Lease Deeds, within the first 3 (three) calendar months of the year for which the rent is payable.
Accordingly, on and from the Possession Date, the Allottee and the Association shall comply with all applicable provisions of the Lease Deeds, to the extent and as far as they are applicable to the Said Land as if they were incorporated in these presents.
The Nominated Company shall assume the rights and obligations of the Lessee in all such agreements and contracts including Letter of Allotments and Sub- Lease Deeds pursuant to its receiving the Grant from RLDA.
Accordingly, on and from the Possession Date, the Allottee and the Association shall comply with all applicable provisions of the Lease Deeds, to the extent and as far as they are applicable to the Project Land as if they were incorporated in these presents.