Demise Term. 1.1 Landlord hereby leases the Leased Premises to Tenant, and Tenant hereby hires the Leased Premises from Landlord, upon, and subject to, the terms, covenants and conditions contained in this Lease.
Demise Term. (a) 20th Floor Premises and 21st Floor Premises.
Demise Term. (a) Sublandlord hereby subleases to Subtenant, and Subtenant hereby hires from Sublandlord, the Premises for a term (the “Term”) to commence (subject to the provisions of Section 17 entitled “Landlord’s Consents” and Section 18 entitled “Delivery of Possession” hereof) on the later to occur of (a) the full execution and delivery of this Sublease by both Sublandlord and Subtenant, (b) the date Sublandlord receives Prime Landlord’s written consent to this Sublease and (c) the date on which Sublandlord’s Work (as hereinafter defined) is deemed to have been substantially completed and Sublandlord has delivered the Premises to Subtenant in the Premises Condition, as hereinafter defined (the later of such dates is called the “Commencement Date”) and to expire (unless sooner terminated in accordance with applicable Legal Requirements or pursuant to Section 26 hereof or extended pursuant to Section 27 hereof) on the day immediately preceding the 10th anniversary of the Rent Commencement Date (as hereinafter defined the “Expiration Date”) both dates inclusive. Sublandlord shall provide Subtenant with 5 Business DB1/ 133941592.7 Days’ advance notice of the Commencement Date. Sublandlord estimates that the Commencement Date will occur on or about two (2) weeks from the date Prime Landlord executes the Landlord’s Consent (as defined in Section 17 hereof) to this Sublease. Notwithstanding the foregoing, in the event the Rent Commencement Date is not the first day of a month, the Expiration Date will be the last day of the month in which the 10th anniversary of the Rent Commencement Date occurs.
Demise Term. 2.1. LESSOR, for and in consideration of the covenants hereinafter contained and made on the part of the LESSEE, does hereby demise and lease to LESSEE, and LESSEE does hereby hire from LESSOR, the Demised Premises, together with the non-exclusive right to use 50 automobile parking spaces in the general parking area on the Land and the non-exclusive right to use such other portions of the Premises as are intended for common use, subject, however, to the terms and conditions of this Lease. Tenant has inspected the Demised Premises and accepts the same "as is" in its present condition, subject to the construction of the Finish Work.
Demise Term. 2.1 LESSOR, for and in consideration of the covenants hereinafter contained and made on the part of the LESSEE, does hereby demise and lease to LESSEE, and LESSEE does hereby hire from LESSOR, the Demised Premises, together with the non exclusive right to use the portions of the Premises intended for common use, subject, however, to the terms and conditions of this Lease.
Demise Term. Landlord hereby leases to Tenant seven (7) parking stalls located on the Landlord Parcel (the “Parking Stalls”) for a period beginning on the Effective Date and lasting until such time as Tenant fails to occupy and operate a banking institution on the Tenant Parcel (the “Term”). The exact location of the Parking Stalls shall be mutually agreed upon between Landlord and Tenant, in writing, on or prior to the Effective Date.
Demise Term. 1.1. Landlord hereby leases the Premises to Tenant, and Tenant hereby hires the Premises from Landlord, upon, and subject to, the terms, covenants and conditions contained in this lease. The letting of the Premises to Tenant hereunder is made expressly subject to the encumbrances set forth on Exhibit C annexed hereto and, by this reference, made a part hereof (hereinafter referred to as the "Permitted Encumbrances"). Landlord represents and warrants to Tenant that Landlord has a good and marketable title to the fee estate in the Land, Improvements and Site Improvements subject to no lien, claim, charge or encumbrance except for the Permitted Encumbrances; that it owns the Production Equipment free and clear of all liens, claims and encumbrances and all other fixtures, equipment, machinery and personal property included in this lease. Landlord shall not (a) sell or transfer title to the Premises to any party other than companies owned or controlled by it, or under common control with it, at any time prior to the expiration of the Purchaser Option set forth in Article 34 hereof, (b) grant any mortgage, lien, encumbrance or other security interest in the Premises other than with respect to Superior Mortgages referred to in Article 4 hereof and Permitted Encumbrances, (c) commence, initiate or seek any change in any zoning ordinance, building regulation, or other law, rule, order or regulation respecting the Premises, its use, maintenance, operation, or occupancy or (d) grant or agree to any easement, covenant or restriction binding upon Tenant or the Premises which is reasonably likely to adversely affect Tenant's ability to use and operate the Premises as it may currently be used and operated. Landlord will deliver the Premises free of occupants and tenants, and broom clean.
Demise Term. Sublandlord hereby leases to Subtenant and ------------ Subtenant hereby rents and hires from Sublandlord the entire Subpremises, for a term commencing on April 24, 2000 ("Commencement Date"). The term of this Sublease shall end on August 31, 2001, or such earlier date as this Sublease may terminate pursuant to the terms hereof, or if earlier terminated pursuant to the provisions of the Prime Lease, the Full 64 Sublease or the Xxxxxxxxx (the "Expiration Date").
Demise Term a. District does by these presents lease and demise unto Lessee the property described in Exhibit A, which is attached hereto and made a part hereof for all purposes (the “Land”), together with any and all littoral or riparian rights, rights of ingress and egress, improvements thereon, easements, rights-of-way, licenses, utility rights (including without limitation water, waste water, and sanitary sewer capacity, subject to Sections 4(c)(v), (vi), and (vii), 9(d) and (e), and any other express terms and conditions of this Lease) associated with the Land, all other appurtenances thereto, all strips and gores adjacent to the Land, and all other rights, titles, and interests in and to the Land now held or hereafter acquired by District (together with the Land, the “Premises”), for a primary Term of thirty (30) years commencing on the Effective Date (the “Primary Term”) with options for subsequent Renewal Terms, for the purposes and upon the terms and conditions more particularly set forth in this Lease. The Premises do not include any right, title or interest in and to the public wharves, docks, terminals or facilities of the District.
Demise Term. Sublandlord hereby subleases the Premises to Subtenant, and Subtenant hereby subleases the Premises from Sublandlord, for a term (the "SUBLEASE TERM") commencing as of July 1, 2002 (the "SUBLEASE TERM COMMENCEMENT DATE"), and expiring March 27, 2006 or on the Extended Termination Date (as hereinafter defined) or on such earlier date upon which said term may expire or terminate pursuant to any of the conditions of limitation or other provisions of the Master Lease or this Sublease or pursuant to the provisions of any present or future constitution, law, statute, ordinance, rule, regulation, other governmental order or controlling judicial determination of any federal, state, local, municipal or other governmental body, agency or authority having or asserting jurisdiction and all departments, commissions, boards and officers thereof (collectively the "LAWS"). Notwithstanding anything herein to the contrary, the Sublease Term shall terminate upon the termination of the Term of the Master Lease. Subtenant and Sublandlord agree that no extension rights or renewal options have been granted to Subtenant by Sublandlord and this Sublease shall not be conditioned or contingent upon Subtenant receiving extension or renewal rights from any party.
