Share of Crop definition

Share of Crop means (a) the Landlord’s percentage of the Crop produced on the Leased Lands or (b) the Landlord’s percentage of the proceeds of the sale of the Crop cultivated on the Leased Lands. (the parties, depending on their intention, can choose which definition applies)
Share of Crop means (a) the Landlord’s percentage of the Crop produced on the Leased Lands or (b) the Landlord’s percentage of the proceeds of the sale of the Crop cultivated on the Leased Lands. (the parties, depending on their intention, can choose which definition applies) DESCRIPTION OF BUILDINGS ON LEASED LAND In consideration of the rents, covenants, promises and agreements contained in this Lease Agreement on the part of the Tenant to be paid, observed and performed, the Landlord does hereby lease to the Tenant the farm lands and premises as described in Schedule "A", together with the following portable buildings, namely: ________________________________________________________________________________________________________________________________________________________ DEMISE AND TERM, AS IS BASIS The term of this Lease shall be _________ year(s) commencing on the __________ day of _________________ 20____, and ending on the __________ day of _________________, 20 ____ (the “Term”). The Tenant accepts the Leased Lands on an “As Is” and “Where Is” basis and any Alterations and Improvements made, erected or installed during the Term, with the Landlord’s prior written approval, shall be at the risk, cost and expense of the Tenant and to the entire satisfaction of the Landlord. SHARE OF CROP The Tenant shall pay to the Landlord the annual rental of a ______% of the Crop. The Share of Crop shall become payable to the Landlord at the time agreed to by the Parties, in Schedule B. Payments and/or subsidies to the Tenant derived from any source (such as any government agency in connection with grain production) in which the Landlord is eligible to participate during the Term of this Lease, shall be shared with the Landlord as follows: ______________________________________________________________________ ________________________________________________________ (the “Payments”).

Examples of Share of Crop in a sentence

  • The Share of Crop shall become payable to the Landlord at the time agreed to by the Parties, in Schedule B.

  • The Share of Crop shall become payable to the Landlord at the time agreed to by the Parties.

Related to Share of Crop

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