Common use of Grant and Term Clause in Contracts

Grant and Term. The Tenant will have and hold the Leased Premises for and during the Term (being the period of time referred to in Paragraph (c) of the Special Provisions) subject to the payment of Basic Rent and Additional Rent and the observance and performance of the terms, covenants and conditions contained in this Lease.

Grant and Term. The Tenant will shall, subject to the terms of this Lease, have and hold the Leased Premises for and during the Term (being the period of time referred to in Paragraph (c) of the Special Provisions) subject to the payment of Basic Rent and Additional Rent and the observance and performance of the terms, covenants and conditions contained in this Lease.