Lessee definition
Examples of Lessee in a sentence
Lessor and Lessee have caused this Groundwater Lease to be duly executed by their duly authorized officers as of the day and year first above written.
If Lessee fails to cure such defaults within sixty (60) days after receipt of such notice from Lessor, Lessor shall have the right, in addition to all other rights and remedies available to Lessor at law or in equity, to terminate this Lease, but only with the concurrent termination of the Ground Lease by Lessor.
Lessee shall be responsible for any necessary treating of Groundwater removed from the Well Site and for taking other appropriate measures needed to ensure that such Groundwater is suitable for use by Lessee or Lessee’s customers.
If Lessor determines that Lessee has materially defaulted in performance of any of Lessee’s obligations under this Lease or the Ground Lease, Lessor may provide written notice to Lessee reasonably identifying such defaults.
Lessee, at its sole expense, shall be responsible for applying for and obtaining all necessary permits and other authorizations to explore, drill for, and produce groundwater on the Premises, including with the District.