Common use of Lease of Property Clause in Contracts

Lease of Property. On the Commencement Date of each Property Schedule executed hereunder, Lessor will be deemed to demise, lease and let to Lessee, and Lessee will be deemed to rent, lease and hire from Lessor, the Property described in such Property Schedule, in accordance with this Agreement and such Property Schedule, for the Lease Term set forth in such Property Schedule.

Lease of Property. On the Commencement Date of each Property Schedule executed hereunder, Lessor will be deemed to demisehereby demises, lease leases and let lets to Lessee, and Lessee will be deemed to renthereby rents, lease leases and hire hires from Lessor, the Property described in such Property Schedule, in accordance with this Agreement and such Property Schedule, for the Lease Term set forth in such Property Schedule.