PURPOSES OF THE LEASE Sample Clauses

PURPOSES OF THE LEASE. The Operator shall have the right to use the property for the production of crops and livestock subject to the following limitations: The following housing, buildings and storage structures located on the Real Estate may be used by the Operator for the following purposes: Building or Structure Purpose In the event of damage or destruction of buildings or structures listed above the Owner will have the option to replace them or provide their functional equivalent to the Operator for the purposes described above within a reasonable period of time, or make adjustment to the terms of this lease in lieu of replacement.
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PURPOSES OF THE LEASE. The Operator shall have the right to grow agricultural crops on Fields _______ as shown on the Map and described by the Field Descriptions subject to the following specifications: Any tillage or cultivation necessary to prepare an adequate seedbed shall be done in a manner to minimize soil erosion. All crop debris and stubble shall be left on the field following the harvest in accordance with normal agronomic practices specific to the crop. However, any straw from small grains may be baled and removed from the site. The cropland must be used to produce an annual commodity grain crop (including but not limited to: corn, sunflower, canola, small grains, soybeans) or a perennial or annual forage crop. Any plant material remaining in the ground upon the expiration or termination of the Agreement shall become the property of_____________. Perennial plants may be planted, but the Operator forfeits ownership and control of the plant material upon expiration of the Agreement. Pest and weed control will be the responsibility of the Operator. All pesticides must be applied in accordance with all rules and regulations governing the application of pesticides to agricultural land in the State of Wisconsin. Any spills shall be the responsibility of the Operator. No applied pesticides shall have a residual effect beyond the length of the contract. Any and all pesticide applications must be approved PRIOR to application by ____________________. The exact time, date, product, and rate for each pesticide application shall be recorded and sent to __________________ within three days of the application. Fertilizer applications shall be the responsibility of the Operator. Nitrogen shall be applied in accordance with recommendations for the specific crop. A soil test must be conducted by the Purchaser prior to the application of any other soil amendment. The Owners make no guarantee as to the volume, condition, or quality of any agricultural product produced. The use of any equipment or buildings which are the property of the Owners is not included in the terms of this Agreement. In the event of soil displacement or erosion the Owners reserve the right to remove the areas from the lease agreement with the following procedure: Inform the Operator of the problem to give the Operator 7 days to fix the problem. After 7 days, if the problem has not been fixed to the satisfaction of the Owners the Owners reserve the right to fence off the area and re-seed if necessary at the expense ...
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PURPOSES OF THE LEASE. The Operator shall have the right to use the property for the production of crops and livestock subject to the following limitations: FM 1538 Revised February 1999 There are contract acres available according to county FSA records (FSA form CC-4786). The following housing, buildings and storage structures located on the Real Estate may be used by the Operator for the following purposes: Structure Purpose In the event of damage or destruction of buildings or structures listed above the Owner will have the option to replace them or provide their functional equivalent to the Operator for the purposes de- scribed above within a reasonable period of time, or make adjustment to the terms of this lease in lieu of replacement.
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PURPOSES OF THE LEASE. 2.1 Party B undertakes to Party A that the Premises shall be used for office purposes, and Party B shall comply with the state and municipal regulations with respect to the use of premises and property management.
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PURPOSES OF THE LEASE. The Operator shall have the right to use the property for the production of crops subject to the following limitations: There are ___ contract acres available according to county FSA records. The Owner will retain the field located __________________________________________________. The housing, buildings and storage structures located on the Real Estate may NOT be used by the Operator and are NOT included in this lease. Hunting rights will be retained by Owner. 4.
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PURPOSES OF THE LEASE. The Real Property leased under Article 1 hereof, will be used by the Lessee for the sole purpose of operating the Plant to manufacture Polysytrene and related products and/or products which use or incorporate such Polystyrene and/or related products and managing and running the associated business.
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PURPOSES OF THE LEASE. It is hereby acknowledged and agreed that the Lease and the said Leased Land is being leased for the purposes of investigating, exploring, prospecting, drilling, solution mining, producing, extracting, milling, treating, processing, upgrading, removing, transporting, stockpiling and storing uranium, thorium and other fissionable or spatially associated substances similar to and produced in conjunction with those mentioned above (hereinafter referred to individually or collectively as the "LEASED SUBSTANCES") by methods deemed desirable by the Lessee; but excluding sand, gravel and caliche unless produced in connection with those mentioned; and specifically excluding oil, gas and associated hydrocarbon substances. In addition, subject to any restrictions or requirements of federal or state laws, rules and regulations, the Lessor hereby further grants, leases and lets unto the Lessee the Leased Land for the purposes of: injection gas, water or other fluids commonly associated with solution mining practices, air and any other substance into the subsurface strata; conducting all types of solution mining recovery operations for the Leased Substances; establishing and using facilities for the disposition of solution, tailings and other waste materials produced in the extraction of the Leased Substances; laying pipeline, building roads, bridges, tanks, power and telephone lines, electric and distribution lines and other utilities and together with the maintenance and removal thereof; and mills or processing structures or facilities deemed reasonably necesxxxx by the Lessee to conduct solution mining, recovery and restoration operations granted under this Lease. Notwithstanding, however, the general provisions of the foregoing paragraph, it is further agreed and stipulated that the facilities to be placed on the Leased Land shall be confined to those facilities reasonably deemed necessary or convenient by the Lessee for exploring, prospecting, mining, stockpiling, storing, processing, treating upgrading, removing and transporting the Leased Substances. In this regard the Lessee, to the extent allowed by federal and state laws, rules and regulations, is hereby granted the right, without any further consideration or payment, to use the Leased Land and other improvements and facilities on, in or under the Leased Land for or in connection with the mining, removing, transporting, preparation and treatment of minerals, metals and materials (and disposal of waste materia...
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PURPOSES OF THE LEASE. Easement. This Agreement is solely and exclusively for solar energy purposes (as such term is broadly defined, including ancillary rights related thereto and necessary for the development and operation of Solar Facilities (as defined below)), and not for any other purpose, and Grantee shall have the exclusive right to develop and use the Property for solar energy purposes and to derive all profits therefrom, including but not limited to the following activities (collectively, “Site Activities”):
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PURPOSES OF THE LEASE. The Lessee is entering into the Lease to provide financing for the acquisition by the Lessee of certain equipment (the “Equipment”) described on Exhibit II hereto, together with capitalized interest thereon, with an aggregate acquisition cost of $141,877.50. All of the Equipment will be located on the campuses and/or leased property of the University of Southern Mississippi and is being or will be used in fulfillment of the general public purposes of the Lessee.
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Related to PURPOSES OF THE LEASE

  • Use of the Leased Property (a) Lessee covenants that it will proceed with all due diligence and will exercise reasonable efforts to obtain and to maintain all Licenses and other approvals needed to use and operate the Leased Property and the Hotel under applicable local, state and federal law.

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • of the Lease Notwithstanding any other provisions of the Lease or the Participation Agreement or the Indenture, each Stipulated Loss Value shall be, under any circumstances and in any event, an amount, together with so much of the arrears portion of Basic Rent due and owing through the date of payment of Stipulated Loss Value as does not constitute an Excepted Payment, at least sufficient to pay in full as of such date of payment the aggregate unpaid principal amount of and accrued interest on the Certificates outstanding on such date of payment. Subject to the immediately preceding sentence, it is understood and agreed that the amounts set forth on Schedule III of the Lease, for dates other than Rent Payment Dates on which arrears Basic Rent is due, fully reflect appropriate Basic Rent accruals and credits of unearned Basic Rent and, accordingly, no further accrual or credit shall be required whenever Stipulated Loss Value is to be calculated with reference to any such date.

  • Original Lease The single executed original of this Lease marked "THIS COUNTERPART IS THE ORIGINAL EXECUTED COUNTERPART" on the signature page thereof and containing the receipt of the Lessor therefor on or following the signature page thereof shall be the Original Executed Counterpart of this Lease (the "Original Executed Counterpart"). To the extent that this Lease constitutes chattel paper, as such term is defined in the Uniform Commercial Code as in effect in any applicable jurisdiction, no security interest in this Lease may be created through the transfer or possession of any counterpart other than the Original Executed Counterpart.

  • Real Property Tax Definition As used herein, the term "REAL PROPERTY TAXES" shall include any form of real estate tax or assessment, general, special, ordinary or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy or tax (other than inheritance, personal income or estate taxes) imposed upon the Industrial Center by any authority having the direct or indirect power to tax, including any city, state or federal government, or any school, agricultural, sanitary, fire, street, drainage, or other improvement district thereof, levied against any legal or equitable interest of Lessor in the Industrial Center or any portion thereof, Lessor's right to rent or other income therefrom, and/or Lessor's business of leasing the Premises. The term "REAL PROPERTY TAXES" shall also include any tax, fee, levy, assessment or charge, or any increase therein, imposed by reason of events occurring, or changes in Applicable Law taking effect, during the term of this Lease, including but not limited to a change in the ownership of the Industrial Center or in the improvements thereon, the execution of this Lease, or any modification, amendment or transfer thereof, and whether or not contemplated by the Parties. In calculating Real Property Taxes for any calendar year, the Real Property Taxes for any real estate tax year shall be included in the calculation of Real Property Taxes for such calendar year based upon the number of days which such calendar year and tax year have in common.

  • USE OF THE LEASED PREMISES Use of the Leased Premises is limited to aeronautical uses. The Lessee may use the Leased Premises, at its own risk, for the following purposes and for no other purpose (including commercial or business use) without the prior written approval of the Airport Director:

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

  • Extension of Lease Term The Term of the Lease is hereby extended, pursuant to all of the terms and conditions of the Lease as amended, for an additional period of forty-two (42) months, ending on August 31, 2022 (the “First Extended Term”).

  • Common Areas - Definition The term "Common Areas" is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Industrial Center that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and of other lessees of the Industrial Center and their respective employees, suppliers, shippers, customers and invitees, including parking areas, loading and unloading areas, trash areas, roadways, sidewalks, walkways, parkways, driveways and landscaped areas.

  • Amendment costs If (a) the Borrower requests an amendment, waiver or consent or (b) an amendment is required pursuant to Clause 27.9 (Change of currency), the Borrower shall, within three Business Days of demand, reimburse the Agent for the amount of all costs and expenses (including legal fees) reasonably incurred by the Agent in responding to, evaluating, negotiating or complying with that request or requirement.

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