Lease of the Project Clause Samples

Lease of the Project. The Company hereby rents, leases and lets the Project

Lease of the Project. The Board hereby leases to the Company, and the Company hereby leases from the Board, the Project at the rent set forth in Sections 5.3 and 5.7 and in accordance with the provisions hereof.

Lease of the Project. Section 3.1. Lease of the Project 2

Lease of the Project. The form and execution of any lease for all or any portion of the Project or any amendment, modification, extension or termination of any lease for all or any portion of the Project;

Lease of the Project. (a) The date upon which the Lessee receives the Final Advance (as defined in the Agreement for Lease) under the Agreement for Lease, shall be the "Effective Date". From and after the Effective Date, and during the Initial Term and any Extended Term and any Renewal Term, the Lessor does hereby lease the Project (including a sublease of the Lessor's interest in the Premises) to the Lessee and the Project and the rights and obligations of the Lessor and the Lessee shall be governed by this Lease and not the Agreement for Lease, except to the extent otherwise expressly provided in this Lease and the Agreement for Lease. On the Effective Date, the Lessee shall be deemed to have certified that all representations and warranties of the Lessee contained in this Lease are true and correct in all material respects on and as of the Effective Date. As provided in the Agreement for Lease, on the Effective Date, the Acquisition Cost and the Adjusted Acquisition Cost shall be adjusted, if necessary, to reflect (i) the Completion Amount advanced to the Lessee under the Agreement for Lease and (ii) the Retention, if any. (b) Up to six (6) months after the Final Advance (as defined in the Agreement for Lease), the Lessee may request a Completion Advance under the Agreement for Lease by delivering a Certificate of Increased Cost (as defined in the Agreement for Lease) to the Lessor and otherwise complying with the terms of Section 7 of the Agreement for Lease. On or before the fifth Business Day prior to the date upon which the Lessee receives the Final Advance (as defined in the Agreement for Lease), the Lessee shall designate the Completion Amount. After such designation the aggregate amount of the Completion Advance shall not exceed the Completion Amount. The provisions of paragraph (b) of subsection 2.3 and Section 7 of the Agreement for Lease shall govern (i) the designation of the Completion Amount, (ii) the making of the Completion Advance and (iii) any adjustments to the Acquisition Cost and the Adjusted Acquisition Cost occasioned thereby. At the time the Completion Advance is made, the Lessee shall be deemed to have certified that all representations and warranties of the Lessee contained in this Lease are true and correct in all material respects on and as of such date.

Lease of the Project. The Issuer, as landlord, hereby rents the Project to the Company, as tenant, and the Company hereby rents the Project from the Issuer at the rental set forth in Section 5.3 hereof and for the Lease Term, in accordance with the provisions of this Lease. This Lease shall be effective on its delivery. It is the intention of the parties that the interest of the Company hereunder shall be a usufruct under O.C.G.A. § 44-7-1(a) as to real property of the Project, and as a bailment for hire under O.C.G.A. § 44-6-101, as to the personal property of the Project, and not an estate for years. The parties hereto further agree such usufruct and bailment status is evidenced by the fact that various provisions of this Lease restrict and limit the tenant’s rights in the Project to such an extent that the Company does not have the right to use the Project in as absolute a manner as it would have if it were the owner of the Project or a lessee with an estate for years (subject only to rules prohibiting waste), to-wit:

Lease of the Project. 1 Section 2.1. Lease................................................ 1 SECTION 3. BASIC LEASE TERM AND RENT..................................... 2

Lease of the Project. The Lessor hereby rents, leases and lets to the Issuer the Lessor’s interests in the Project, and the Issuer rents, leases and hires the Project from the Lessor, for rentals and upon and subject to the terms and conditions herein set forth, for a term commencing on the date hereof and ending on December 1, 2031; provided, however, this Base Lease Agreement shall remain in full force and effect so long as any obligation of the Lessor under the Sublease Agreement shall be outstanding (the “Lease Term”), unless sooner terminated in a manner provided for herein, provided that the Lessor shall not exercise any right so reserved in any manner that will interfere with any rights of the Issuer hereunder.

Lease of the Project. The Company hereby, rents, leases and lets to the Issuer the Company’s interest in the Project, which Project is legally described on Exhibit A, attached hereto and incorporated herein, and the Issuer rents, leases and hires the Project from the Company, for rentals and upon and subject to the terms and conditions herein set forth, for a term commencing on the date hereof and ending on December 31, 2016; provided, however, this Base Lease Agreement shall remain in full force and effect so long as any obligation of the Company under the Lease Agreement shall be outstanding and so long as the Lease Agreement shall remain in effect (the “Lease Term”), unless sooner terminated in a manner provided for herein, provided that the Company shall not exercise any right so reserved in any manner that will interfere with any rights of the Issuer hereunder.