GRANT OF LEASE & CONSIDERATION Sample Clauses

GRANT OF LEASE & CONSIDERATION. 2.1 In consideration of the Total Lease Consideration reserved hereunder, and the Lessee’s covenants & conditions hereinafter contained, the Lessor does hereby agree to grant lease unto the Lessee , the lease of the Leased Property, with all the rights, easements and appurtenances hereto reserved in respect of the Leased Property (the “Lease”), subject to the Applicable Laws (including the SEZ Act, SEZ Rules and SEZ Notifications), and the Lessee hereby agrees to take on Lease the Leased Property, subject to the terms and conditions contained herein. 2.2 Subject to the Lessee complying with all the obligations as per the terms and conditions of this Agreement, including without limitation, the payments on account of the Total Lease Considerations in terms hereof, the Parties shall execute a definitive lease agreement with terms that are comparable with the terms hereof (the “Lease Deed”), with respect to the Lease of the Leased Property on or before , or any such date as may be mutually agreed between the Parties in writing (hereinafter referred to as the “Effective Date”), which shall supersede this Agreement.
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GRANT OF LEASE & CONSIDERATION. 2.1 In consideration of the Total Lease Consideration reserved hereunder, and the Lessee’s covenants & conditions hereinafter contained, the Lessor do hereby agrees to grant lease unto the Lessee of the Leased Property, with all the rights, easements and appurtenances hereto reserved in respect of the Leased Property (the “Lease”), subject to the Applicable Laws (including the SEZ Act and the SEZ Rules), and the Lessee hereby agrees to take on Lease the Leased Property, subject to the terms and conditions contained herein.
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GRANT OF LEASE & CONSIDERATION. 2.1 In consideration of the Total Lease Consideration paid/payable hereunder, and the Lessee’s covenants and conditions hereinafter contained, the Lessor doth hereby grants unto the Lessee, the lease of the Leased Property with all the rights, easements and appurtenances hereto reserved in respect of the Leased Property (the “Lease”), subject to the Applicable Laws (including the SEZ Act, SEZ Rules and SEZ Notifications) and the Lessee hereby takes on Lease the Leased Property, subject to the terms and conditions contained herein. 2.2 The Parties mutually agree & confirm that the Lease has been granted in respect of [ ] type of Residential Unit bearing apartment no.[ ], on [ ]floor in Building block [ ] of the Residential Complex, having [ ] number of prime/ preferential location features therein (the “Preferential Location”); and having a super area in regard to it’s built up area (“Super Area”) of [ ] sq. ft., which has been derived as per the basis specified in Clause 3.15 hereof, (the “Apartment”), having specifications as mentioned in Annexure 2 hereof (the “Specifications”), and along with car parking spaces (bearing no. [ ] ) in the basement of the Residential Complex (the “Car Parks”) in favour of Lessee, together with 1 (one) membership of club and allied amenity spaces (attached thereto) (the “Club”) at the Residential Complex, which shall offer various services / facilities (as more particularly specified in Annexure 3 hereof) to the said member and [his/her/it’s] dependents/ nominees/ guests, subject to terms and limits prescribed by the Lessor/Club Administration. The Apartment (along with proportionate leasehold rights in respect of Residential Campus Land, as specified herein), and the said Car Parks are hereinafter collectively referred to as the “Leased Property”. The floor plan of floor in Building Block of the Residential Complex, wherein the said Apartment is situated is attached hereto as Annexure 4, wherein Apartment Area is delineated and shown in colour, Building Block Common Areas on the said floor is delineated and shown in colour.
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Related to GRANT OF LEASE & CONSIDERATION

  • Initial Consideration On the Effective Date, Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of any and all unearned premiums paid by Retrocedant under such Inuring Retrocessions net of any applicable unearned ceding commissions paid to Retrocedant thereunder.

  • General Considerations a. All reports, drawings, designs, specifications, notebooks, computations, details, and calculation documents prepared by Vendor and presented to the Board pursuant to this Agreement are and remain the property of the Board as instruments of service. b. All analyses, data, documents, models, modeling, reports and tests performed or utilized by Vendor shall be made available to the Board upon request and shall be considered public records. c. Vendor is required to: (i) keep and maintain public records required by Board; (ii) upon request from Board’ s custodian of public records, provide Board with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a reasonable or as otherwise provided by law; (iii) ensure that public records that are exempt or, confidential and exempt, from public records disclosure requirements are not disclosed except as authorized by law for the duration of this Agreement and following completion of this Agreement if Vendor does not transfer the records to Board; (iv) upon completion of this Agreement, transfer, at no cost, to Board all public records in possession of Vendor or keep and maintain public records required by Board. d. If Vendor transfers all public records to Board upon completion of this Agreement, Vendor shall destroy any duplicate public records that are exempt or, confidential and exempt, from public records disclosure requirements. If Vendor keeps and maintains public records upon completion of this Agreement, Vendor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to Board, upon request from Board’s custodian of public records, in a format that is compatible with the information technology systems of Board. e. Vendor shall keep all books, records, files, drawings, plans and other documentation, including all electronically stored items, which concern or relate to the services required hereunder (the “Records”), for a minimum of five (5) years from the date of expiration or suspension of this Agreement, or as otherwise required by any applicable law, whichever date is later. The Board shall have the right to order, inspect, and copy all the Records as often as it deems necessary during any such period-of-time. The right to audit, inspect, and copy Records shall include all of the records of sub-Vendors (if any). f. Vendor shall, at all times, comply with the Florida Public Records Law, the Florida Open Meeting Law and all other applicable laws, rules and regulations of the State of Florida. g. IF THE VENDOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE VENDORS’ DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT ▇▇▇-▇▇▇-▇▇▇▇, Sumter County Board of County Commissioners, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Wildwood, Florida 34785 or via email at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇. h. Vendor shall, at all times, carry General Liability, and Worker’s Compensation Insurance pursuant to the insurance requirements in RFP ▇▇▇-▇-▇▇▇▇/JV, naming Board as both a certificate holder and an additional insured in each such policy. i. Upon Vendor’s written request, the Board will furnish, or cause to be furnished, such reports, studies, instruments, documents, and other information as Vendor and Board mutually deem necessary, and Vendor may rely upon same in performing the services required under this Agreement. j. Vendor is obligated by this agreement to comply with Section 20.055(5), Florida Statutes. k. Any entity or affiliate who has had its Certificate of Qualification suspended, revoked, denied or have further been determined by the Department to be a non-responsive contractor may not submit a bid.

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • Special Considerations The Provider position may be abolished at any time by the Collin County Commissioners Court.

  • Purchase Consideration The consideration payable in connection with a purchase transaction shall be debited from the appropriate deposit account of the Portfolio as of the time and date that funds would ordinarily be required to settle the transaction in the applicable market. The Custodian shall promptly recredit the amount at the time that the Portfolio or the Fund notifies the Custodian by Proper Instruction that the transaction has been canceled.