Leasehold Area definition
Examples of Leasehold Area in a sentence
The Lessor hereby COVENANTS with the Lessee to perform and observe the covenants, conditions and stipulations set out in the Fifth Schedule hereto to the intent that the burden of those covenants shall run with and bind the Leasehold Area and every part thereof and that the benefit thereof may be annexed to the Adjoining Property and every part thereof.
To permit the Lessee, provided it pays the rent and other sums reserved by this Lease and complies with the provisions of this Lease, peaceably to hold and enjoy the Leasehold Area during the Term without any interruption by the Lessor or any person lawfully claiming through, under or in trust for the Lessor.
If the Leasehold Area being the property of the State shall be required to be used for the public service, the Lessee shall when so required on receiving six calendar months prior written notice from the Lessor, yield up the Leasehold Area and shall pay all rent and Outgoings up to the date of surrender.
At the cost of the Lessee, to connect up the Leasehold Area to the Utilities and not to allow the disconnection of same by any act or omission and in the event of such disconnection, to immediately arrange for the reconnection of the Utilities to the Leasehold Area.
Nothing contained in this Lease or in any consent granted or approval given by the Lessor under it implies or warrants that the Leasehold Area may be used under the Planning Acts for the purpose herein authorised or any purpose subsequently authorised and the Lessee hereby acknowledges that the Lessor has not given or made, at any time, any representation or warranty that any such use is or will be or will remain a permitted use under the Planning Acts.
The Lessor shall not be responsible to the Lessee, its servants, agents, invitees or visitors for any injury, death, damage, destruction or financial or consequential loss whether to persons or property due to the state and condition of the Leasehold Area or any part thereof, or due to any act or default of any agent, servant, ▇▇▇▇▇▇▇ or other person authorised by the Lessor to enter on the Leasehold Area.
The Lessee hereby COVENANTS with the Lessor to perform and observe the covenants, conditions and stipulations set out in the Fourth Schedule hereto to the intent that the burden of the covenants shall run with and bind the Leasehold Area and every part thereof and that the benefit thereof may be annexed to the Adjoining Property and every part thereof.
Within a six (6) month period prior to the Expiration Date, Tenant shall refurbish all improvements in the Leasehold Area to a like new condition, such as by repairing and repainting walls within the Leasehold Area, cleaning carpets and replacing worn carpet in such area, and other similar activities.
For Tenant’s lease of the Leasehold Area, Tenant covenants to pay to City without set-off or deduction the rent provided in Exhibit C commencing on the Commencement Date, and payment shall be subject to the terms stated in Exhibit C.
This Agreement conveys only a leasehold interest in the Leasehold Area and specified licenses in connection with a grant of concession on the terms and for the purposes provided herein, and it conveys no other rights, titles, or interests of any kind.