Lessee’s Covenants definition

Lessee’s Covenants means the covenants, agreements and obligations set out or implied in this Lease or imposed by law to be performed and observed by any person other than the Lessor;

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Lessee’s Covenants means all obligations of the Lessee as set out in the Lease or established by law arising during the term of the Lease or any renewal thereof and, without limiting the generality of the foregoing, includes the obligation to pay rent and all other payments to the Lessor, now owing or to become due in future and whether characterized as rent or not, and all other obligations of the Lessee whether constituting conditions, covenants, provisos, representations, undertakings or warranties.

Lessee’s Covenants means the covenants terms and conditions herein expressed or implied to be observed or performed by the Lessee;

Examples of Lessee’s Covenants in a sentence

• Save for the conditions of clause 21, the Lessee must at its expense prior to Termination restore the Premises and the Improvements to a condition consistent with the observance and performance by the Lessee of the Lessee’s Covenants under this Lease, fair wear and tear excepted.

• Each of the Lessee’s Covenants in clauses 5 (Lessee’s Covenants) 6 (Rent and Other Payments), 7 (Insurance), 8 (Indemnity), 10 (Responsibility for Premises and Improvements), 12 (Use), 21 (Removal of Property and Improvements From Premises) 22 (Assignment, Subletting and Charging), 34 (Goods and Services Tax) and Special Conditions 7 and 15 under Schedule 2 is an essential term of this Lease but this clause 16.5 does not mean or imply that there are no other essential terms in this Lease.

• Except as provided in the Lease, for so long as the Lessor has the power to lease the land under the Management Order, and subject to the performance and observance of the Lessee’s Covenants the Lessee may quietly hold and enjoy the Premises during the Term without any interruption or disturbance from the Lessor or persons lawfully claiming through or under the Lessor.

• The covenants and agreements on the part of any assignee will be supplementary to the Lessee’s Covenants and will not release the assigning lessee from the Lessee’s Covenants.

• Except as provided in this Lease and subject to the observance and performance of the Lessee’s Covenants, the Lessee may quietly hold the Premises and enjoy the Lessee’s Rights during the Term without any interruption or disturbance from the Lessor or any person lawfully claiming through or under the Lessor.

• A mortgage or charge is deemed not to be in breach of the Lessee’s Covenants if, before it takes effect, the mortgagee or chargee enters into a deed with the Lessor in a form required by the Lessor providing that, if the mortgagee or chargee enforces its security, the mortgagee or chargee immediately becomes jointly with the Lessee and severally liable to the Lessor for the performance by the Lessee of the Lessee’s Covenants.

• The Lessor may, at any reasonable time on giving the Lessee reasonable notice (other than in an emergency, when no notice is required) enter the Premises for the purpose of ascertaining whether the Lessee is complying with the Lessee’s Covenants.

• The benefit of the Lessee not performing the Lessee’s Covenants is to be calculated on the assumption that this Lease continues in force until the expiration of the Term (excluding any Further Term) and taking into account the provisions of this Lease relating to the Money.

• GENERAL OPERATION OF THE AIRCRAFT 22 11.1. General Operation 22 11.2. Insured Operations 22 11.3. Carriage of Goods 23 11.4. Operational Expenses 23 11.5. Compliance with Laws 23 11.6. Lessee’s Covenants Regarding Use of the Aircraft 24 11.7. Certain Tax Matters 25 12.

• If the assignee is a corporation the shares in which are not quoted on any stock exchange in Australia, it will be a term of the Lessor’s consent to the deed of assignment that the directors or the substantial shareholders at the option of the Lessor of that corporation guarantee to the Lessor the observance and performance by the assignee of the Lessee’s Covenants including payment of all Money Payable.

More Definitions of Lessee’s Covenants

Lessee’s Covenants means all obligations of Gold Range as set out in the Lease or established by law arising during the term of the Lease or any renewal thereof and, without limiting the generality of the foregoing, includes the obligation to pay rent and all other payments to the Lessor, now owing or to become due in the future and whether characterized as rent or not, and all other obligations of Gold Range whether constituting conditions, covenants, provisos, representations, undertaking or warranties, and the expression “Lease” means collectively, the Lease Agreement, the First Assignment and the Addendums;

Lessee’s Covenants means the covenants as set out in the Sixth Schedule