Examples of the Lease in a sentence
Xxxxxxxxx agrees to pay TxDOT such amount as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease.
The term of the Lease shall commence upon the Operating Commencement Date that first occurs and shall continue until the date that is 52 years after the Effective Date; provided that the Lease shall be subject to earlier termination in accordance with the terms of this Agreement and the Lease shall be subject to extension under Section 13.1.4.
Xxxxxxxxx agrees to pay TxDOT such amounts as compensation to TxDOT in exchange for TxDOT’s grant to Developer of rights to impose and receive tolls pursuant to this Agreement and as rent for the use and operation of the Facility pursuant to the Lease.
The Organization may not assign or transfer the Lease or any interest created in the Lease, nor sublet the whole or any part of the Premises, nor is the Lease or any interest created in the Lease assignable or transferable by operation of law or by any process or proceeding of any court, or otherwise, without the advance written consent of the City.
AND TO HAVE AND TO HOLD the said demised premises unto the Sub-lessee for the residue period of the Principal Xxxxx XXXXXXXX AND PAYING THEREFOR the Lease rent @ Rs. 3 per sq.