Covenants of Lessor Clause Examples
Covenants of Lessor. Lessor hereby agrees as follows:
a) Lessor warrants that Lessee shall have quiet use and enjoyment of the Premises; that Lessor has complete interest, right in, and title to the Premises so as to enable Lessor to enter into this Lease; and that the Premises is not encumbered in any way so as to hinder or obstruct Lessee's proposed use thereof, including no encumbrance or obstruction due to existing easements, zoning ordinances or building restrictions.
b) The Lessor shall duly carry out the various obligations and duties imposed upon it at the time and in the manner called for by this Lease.
c) In connection with the performance of work under this Lease, the Lessor agrees not to discriminate against any employee or applicant for employment because of age, race, religion, color, handicap, sex, physical condition, developmental disability as defined in S ect i o n 51.01(5), Wis. Stats., sexual orientation, or national origin. This provision shall include, but not be limited to, the following: employment, upgrading, demotion, or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation and selection for training, including apprenticeship. Except with respect to sexual orientation, the Lessor further agrees to take affirmative action to ensure equal employment opportunities. The Lessor agrees to post in conspicuous places, available for employees and applicants for employment, notices to be provided by the Lessee, setting forth the provisions of the non-discrimination clause.
d) Lessor is required to provide a written Affirmative Action Plan acceptable under Wisconsin Statutes and Administrative Code if the annual rent is f ifty thousand dollars ($50,000) or more per year and the Lessor employs fifty (50) or more employees. The Lessor must have a plan on file or submit a plan for approval, within fifteen (15) working days after the execution of this Lease, to the University of Wisconsin System, Procurement Department, whose address and phone number are listed at the bottom of the enclosed AFFIRMATIVE ACTION PLAN. Instructions and technical assistance in preparing the plan are available from the University of Wisconsin, Procurement Department. Failure to comply with the conditions of this Item may result in the Lease being declared "Null and Void," the Lessor being declared "ineligible," or the withholding of rental payment until such time as the above cited plan is accepted.
e) For the purposes of this...
Covenants of Lessor. If Lessee or any of its direct and/or indirect owners shall execute a Leasehold Mortgage in favor of a Qualified Lender in accordance with this Section 21, Lessor agrees that so long as such Leasehold Mortgage shall remain unsatisfied of record or until written notice of satisfaction is given by the holders of any such Leasehold Mortgage to Lessor, the following provisions shall apply:
21.2.1. There shall be no cancellation, termination (except in accordance with Section 25.3 and Section 25.5 ), surrender, waiver, acceptance of surrender, amendment, change or modification of this Lease without the prior written consent of each Leasehold Mortgagee. Any action requiring the consent of Leasehold Mortgagee hereunder that is taken without such written consent, shall be null and void and of no force or effect, and shall not be binding on any Leasehold Mortgagee (or, following a Leasehold Mortgage Foreclosure, Lessee).
21.2.2. Lessor shall, upon Lessor (or any Person acting on behalf of Lessor) serving Lessee with any notice which would lead to an Event of Default or any termination pursuant to Section 25.3 (to the extent that notice to Lessee is required under such section), simultaneously serve (or cause such Person acting on behalf of Lessor to serve) a copy of such notice upon each Leasehold Mortgagee who has delivered to Lessor a written request for such notices, including an address for notices to such Leasehold Mortgagee.
21.2.3. Each Leasehold Mortgagee shall have the right, but not the obligation, at any time prior to termination of this Lease, to pay all of the Lessor’s Participation Payment or any other charges due hereunder, with all due interest and late charges, to purchase any insurance, to pay any Impositions, to make any repairs, replacements or improvements, to do any other act or thing required of Lessee hereunder, and to do any act or thing which may be necessary and proper to be done in the performance and observance of the agreements, covenants and conditions hereof, including without limitation those necessary to prevent termination of this Lease. As against Lessor, any Leasehold Mortgagee and its agents and contractors shall have full access to the Premises for purposes of accomplishing any of the foregoing during the Lease Term, provided that the Leasehold Mortgagee shall be required to comply with Section 11.3 of this Lease with respect to any work to be performed on the Premises by the Leasehold Mortgagee or its agents or contractors. A...
Covenants of Lessor. The Lessor covenants to the Lessee that the Lessee, paying the Rent when due as aforesaid, shall peaceably and quietly use, occupy and possess the said Demised Premises for the full term of the Lease without hindrance, conviction, molestation or interruption whatsoever, except as provided below. The said Lessee covenants with Lessor:
(a) to pay said Rent on or before the first of each month;
(b) to deposit with Lessor a Security Deposit in the amount of one month’s rent agreed to above which shall be retained by Lessor or released to Lessee as hereinafter provided.
(c) to pay in cooperation with all other Lessees in the Premise all electric, cable, internet, telephone and other such charges which may be assessed upon the Demised Premises during the term hereof. Basic cable and internet and water / sewer are included in the rent. Any upgrade to said included basic services shall be at the expense of the Lessee;
(d) not to suffer or commit any waste of the Demised Premises nor make any unlawful, improper or offensive use of the same;
(e) not to assign this Lease or underlet the said Demised Premises or any part thereof without the prior, written consent of the Lessor;
(f) at the termination of said tenancy, to quietly yield up the Demised Premises (reasonable wear and tear excepted) as the same now are;
(g) not to deposit, store, dispose, remove, bury, discharge, spill, lose, or filtrate any oil, petroleum or chemical liquids or solids, liquid or gaseous products or any hazardous waste or hazardous substances (collectively, “Hazardous Substances”), as those terms are used in any law, code or ordinance, including but not limited to, the Comprehensive Environmental Response Compensation and Liability Act of 1980 at, on or under the Demised Premises. If it is discovered that the Demised Premises is contaminated in any manner as a result of the breach of this provision of the Lease or any act or omission of Lessee or any of Lessee's agents, employees or contractors or any third parties, Lessee will indemnify, hold harmless (and, at Lessee's option, defend) Lessor from any and all claims, losses and expenses, including reasonable attorney's fees, arising as a result of such contamination. Such indemnity includes, without limitation, any and all costs incurred due to any investigation of the site or any cleanup, removal, or restoration mandated by federal, state or local agency or political subdivision; and
(h) to keep the Demised Premises free and clear of all me...
Covenants of Lessor. Subject to the conditions precedent established by subsection (e) below, if at any time during the Right of First Offer Term Lessor decides to offer any Available Space for lease to the general public, Lessor shall first provide Lessee with a written notice (“Offer Notice”) detailing (i) the rent at which said Available Space is being offered, (ii) the rentable square footage and location thereof, (iii) the date the Available Space will become available and (iv) all other material economic terms upon which Lessor proposes to lease the Available Space to Lessee. If Lessee does not deliver an Acceptance Notice (as defined below) in response to such Offer Notice and Lessor subsequently decides to offer the Available Space for lease to the general public at a lesser rental rate than was described in the initial Offer Notice, then Lessor shall send Lessee a subsequent Offer Notice and the terms of this Section 17.25 shall apply again to such subsequent Offer Notice.
Covenants of Lessor. Subject to the conditions precedent established by subsection (d) below, if at any time during the Lease Term Lessor receives an offer which Lessor is willing to accept from a bona fide third party to lease any space in the Available ROFR Space, Lessor shall first provide Lessee with a written notice (“Refusal Offer Notice”) detailing (i) the rent at which said Available ROFR Space is to be leased to the third party, (ii) the rentable square footage and location thereof, (iii) the date the Available ROFR Space will become available and the term of the proposed lease and (iv) all other material economic terms upon which Lessor is willing to lease the Available ROFR Space in question to such third party.
Covenants of Lessor. And the Lessor on its part covenants and agrees with the Lessee that it will:
Covenants of Lessor. Lessor hereby covenants with Lessee that during the term of this Lease (and, where applicable, for such further period as may be required);
Covenants of Lessor. Lessor covenants with each of the other parties hereto as follows, it being understood that the sole remedies for the breach of these covenants shall be to s▇▇ for damages or for specific performance and that any such breach shall not modify or terminate Lessee’s obligations under Article VIII:
(a) provided that no Lease Default or Lease Event of Default exists, it will not, through its own actions, interfere with Lessee’s (or any permitted sublessee’s or assignee’s) rights hereunder with respect to the Items of Equipment during the Lease Term;
(b) it will keep the Items of Equipment and other Lessee Collateral free and clear from all Lessor Liens attributable to it; provided that it may contest any such Lessor Lien pursuant to a Permitted Contest.
Covenants of Lessor. Lessor, and any assignee of Lessor, shall allow Lessee to quietly have, hold and enjoy the Equipment, without suit, trouble or hindrance from Lessor during the term of this Lease, except as expressly set forth in this Lease.
Covenants of Lessor. (1) Subject to the paramount title of the United States of America, Independence does hereby exclusively lease, let and demise to Lessee all the minerals upon and underlying the said mining claims, and does hereby grant to Lessee during the time that this Lease is in effect, in consideration of the moneys to be payable as set forth in Section V, and subject to the following reservations and limitations, and other reservations and limitations in this Lease:
(a) To explore for minerals upon and within and upon the foregoing claims;
(b) To mine or otherwise extract, to mill, treat, or otherwise process, and to store, stockpile, remove, market, sell or otherwise dispose of ore and minerals which Lessee extracts from the claims; Mining Lease Independence Gold Range 061705
(c) To dispose of or deposit waste material and tailings which Lessee has extracted from the claims;
(d) To construct, use, or maintain upon the claims buildings, shops, plants, machinery, ▇▇▇▇▇, facilities, ore bins and structures of all kinds, roads, shafts, inclines, tunnels, drifts, open pits, pipelines, telephone lines, electric transmission lines, or other means of communication, transportation facilities and other utilities and facilities, the operation of road or track vehicles or aircraft and the maintenance thereof; all subject to the limitations set forth herein;
(e) To exercise any and all rights or privileges which are incidental to and which may be useful, desirable or convenient in Lessee's exercise of any or all of the rights hereinabove and hereinafter specified, which are not in conflict with applicable federal, state or local laws, rules and regulations or other provisions of this Lease.
(f) After ores, minerals or materials have been sampled and weighed or measured by volumetric survey, truck factors or any other manner as will permit the computation of the production to be paid hereunder, Lessee may mix the same with ores, minerals or materials from lands other than the premises so long as such mixing does not adversely affect the performance of Lessee's covenants under this Lease.
(g) Lessee is further granted the right to use shafts, openings or pits on the premises and structures, facilities, equipment, roadways, haulageways and all other appurtenances installed on the premises for the additional purpose of producing, removing, storing, depositing, treating or transporting ores, minerals or materials, including tailings and mine waste, from adjoining lands within which ...