Examples of Leased Area in a sentence
The Lessee shall have no exclusive rights for using the Common Areas and restrict its operation to within the Leased Area.
The Lessee shall, whenever required by the DMRC, provide in writing, for information, a general description of the arrangements and methods, which it proposes to adopt for the execution of the works during development of the Leased Area.
Later relinquishments of any leased area will reduce the Lessee’s rent payments due the year following the Lessor’s approval of the relinquishment, through a reduction in the Acres in Leased Area and the corresponding Rental Fee for the Entire Leased Area and any related Adjusted Annual Rent Payments.
Subject to clause 14, the Lessor shall promptly pay and satisfy prior to their due date all taxes, rates, levies, and assessments that may be assessed or levied against the Lands, including without limitation the Leased Area, during the continuance of this Lease.
Prior to termination of this Lease, the Company shall conserve, reclaim and remediate the Leased Area affected by the exercise of the rights granted to the Company under this Lease in accordance with the legislation and regulations in force at the time of such termination.