Examples of Leased Property in a sentence
The Local Government may grant easements, licenses or permits across, over or under parts of the Leased Property or the Related Financed Property, or both, for streets, roads and utilities as will not adversely affect the use of the Leased Property or the Related Financed Property, or both.
The Local Government shall pay or cause to be discharged, or shall make adequate provision to pay or discharge, all lawful claims and demands for labor, materials, supplies or other objects which, if unpaid, might by law become a lien upon all or any part of the Leased Property or the Related Financed Property, or both (collectively, the "Mechanics' Charges").
The Local Government has an immediate need for the Leased Property and has been making use or expects to make immediate use of the Leased Property.
Subject to the preceding sentence, the Local Government agrees to lease the Leased Property for a principal component of Rental Payments that provides to the fullest extent practicable, given VRA's Pricing Objective, a Lease Proceeds Amount at least equal to the Proceeds Requested, all in accordance with the Local Authorization.
So long as any of the obligations secured by this Deed of Trust remain unpaid, unless the Indenture Trustee otherwise consents in writing, the separate leasehold estates in the leasehold premises demised under the Leases will not merge with each other or with the fee estate in and to the Leased Property, but always will be kept separate and distinct,notwithstanding the union of such estates in the County or VRA, or in a third party, by purchase or otherwise.