TERMS AND CONDITIONS OF LEASE. This Lease is made on the following terms and conditions, which are expressly agreed to by Landlord and Tenant:
TERMS AND CONDITIONS OF LEASE. In consideration of the premises and of the rentals and the covenants hereinafter mentioned to be kept and performed by Lessee, Lessor hereby leases the equipment (including all replacement parts, repairs, additions and accessories thereto) listed on Equipment Schedule A attached hereto on the date hereof or as attached hereto at any time in the future or listed or described in any other document which refers to and incorporates the terms of this Master Lease (collectively "Equipment"), upon the following terms and conditions: Section 1.
TERMS AND CONDITIONS OF LEASE. 1 INTERPRETING THIS LEASE
TERMS AND CONDITIONS OF LEASE. 4.1 The terms and conditions of this Lease annexed hereto as Schedule “B” are incorporated herein by reference as if fully set forth herein and shall be deemed to form an integral part of this Lease.
TERMS AND CONDITIONS OF LEASE. The terms and conditions of this Lease during the Extension Term shall remain unchanged except Tenant shall only be entitled to the Extension Term(s) provided for in Section 3.2 of the Lease, the Monthly Rent for the Extension Term shall be the Extension Rent (as defined below), the Expiration Date shall be the last day of the Extension Term (or such earlier date of termination of this Lease pursuant to the terms hereof), and, except to the extent reflected in the Extension Rent, Landlord shall have no obligation to perform any tenant improvements to the Premises or provide any tenant improvement allowance to Tenant. Upon Tenant’s delivery of its written extension election notice, Tenant may not thereafter revoke its exercise of the Extension Option. Notwithstanding anything to the contrary in this Lease, Tenant shall have no right to extend the Term other than or beyond the Extension Term(s) described in such Section 3.2.
TERMS AND CONDITIONS OF LEASE. 1. Warranty Limits and Disclaimer LESSOR HEREBY DISCLAIMS ALL EXPRESS OR IMPLIED WARRANTIES AND CONDITIONS (INCLUDING BUT NOT LIMITED TO WARRANTIES AND CONDITIONS OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE), AND ANY AGREEMENTS, REPRESENTATIONS, AFFIRMATIONS OR WARRANTIES, WHETHER ORAL OR WRITTEN, MADE BY ANY AGENT, EMPLOYEE OR REPRESENTATIVE OF LESSOR, UNLESS SPECIFICALLY SET FORTH IN THIS PARAGRAPH OR SPECIFICALLY INCORPORATED HEREIN BY REFERENCE. LXXXXX’S LIABILITY FOR ANY DEFECT IN MATERIAL OR WORKMANSHIP OF THE PROPERTY IS LIMITED TO THE WARRANTY SET FORTH IN THIS PARAGRAPH AND LESSOR SHALL NOT BE LIABLE FOR BREACH OF CONTRACT ARISING FROM ANY DEFECT IN MATERIAL OR WORKMANSHIP OF THE PROPERTY. IN NO EVENT SHALL LESSOR BE LIABLE FOR LOSSES BASED UPON DOWNTIME, OVERHEAD, LOST LABOUR, DAMAGES TO MACHINERY, SPOILAGE, LOST PRODUCTION OR PROFITS OR CONSEQUENTIAL DAMAGES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THIS TRANSACTION. LESSOR SHALL NOT BE LIABLE FOR ANY OTHER FAILURES OR DEFECTS. Except as expressly provided above, Lxxxxx agrees that Lxxxxx has not given any express or implied representation or warranty as to the design, merchantability, suitability, durability or condition of the Property and the doctrine of fundamental breach shall have no application to this Lease.
TERMS AND CONDITIONS OF LEASE. 1. The Lessor shall be obligated to deliver the Premises on the Commencement Date in the condition suitable for the agreed purpose of the lease as set forth in Article II hereof, to maintain the Premises in the condition fit for the agreed use hereunder, and to secure the proper performance of the services the provision of which is connected to the use of the Premises.
TERMS AND CONDITIONS OF LEASE. This Lease is subject to the following terms and conditions:
TERMS AND CONDITIONS OF LEASE. This License is subordinate to the Lease, and nothing herein shall be construed as modifying the terms of the Lease. Nevertheless, the parties acknowledge that there is no contractual relationship between Landlord and Licensee, and nothing herein is intended to create any contractual obligation of Licensee to Landlord. Licensee acknowledges having reviewed the Lease. Licensor shall provide Licensee with copies of future amendments to the Lease upon written request. If the Lease is hereafter amended, Licensee may terminate this License on thirty (30) days’ written notice given within thirty (30) days after receiving a copy of the amendment if the amendment (i) increases the then-applicable License Fee or (ii) materially and adversely impairs Licensee’s use of the Licensed Premises or otherwise materially increases Licensee’s obligations to Licensor.
TERMS AND CONDITIONS OF LEASE. For and in consideration of the covenants and agreements by the Lessee to pay the rent herein provided for and to perform the terms, covenants and conditions on the Lessee’s part herein contained, the LESSOR hereby leases and lets unto the Lessee, and the Lessee hereby hires and takes from the LESSOR, each unit of equipment described above and hereinafter referred to as the “equipment” for the term set forth above commencing on the date of delivery of the said equipment to the LESSEE and upon and subject to the covenants, conditions and provisions hereinafter set forth.
