Examples of Site Lease in a sentence
The leasing by Lessor to District of the Site shall not effect or result in a merger of District’s leasehold estate pursuant to this Sublease and its fee estate as Lessor under the Site Lease, and Lessor shall continue to have and hold a leasehold estate in said Site pursuant to the Site Lease throughout the term thereof and the term of this Sublease.
All permanent additions and improvements that are made to the Project shall belong to and become the property of Lessor, subject to the provisions of the Site Lease.
District has entered into a Construction Services Agreement and a Site Lease with Lessor in order to acquire and construct the Project.
In making such determination, consideration has been given to the obligations of the Parties under the Construction Services Agreement, Site Lease and Sublease, the uses and purposes which may be served by the Project and the benefits therefrom which will accrue to the District and the general public.
As indicated in the Site Lease, Contractor shall pay One Dollar ($1.00) to the District as consideration for the Sublease.