Common use of Leases of Real Property Clause in Contracts

Leases of Real Property. Subject to the terms and conditions of this Agreement and the Ancillary Agreements, prior to the Distribution the Parties shall enter into the following leases of real property: (i) Those certain real estate leases from Chaparral, as lessor, to TXI, as lessee, set forth on Schedule 2.1(b)(i) (the “Chaparral Real Estate Leases”) and any and all improvements, fixtures, machinery, equipment and other property located on the premises demised under the Chaparral Real Estate Leases; and (ii) Those certain real estate leases from TXI, as lessor, to Chaparral, as lessee, set forth on Schedule 2.1(b)(ii) (the “TXI Real Estate Leases”) and any and all improvements, fixtures, machinery, equipment and other property located on the premises demised under the TXI Real Estate Leases.

Leases of Real Property. Subject to the terms and conditions of this Agreement and the Ancillary Agreements, prior to the Distribution the Parties shall enter into the following leases of real property: (i) Those That certain real estate leases lease from Chaparral, as lessor, to TXI, as lessee, set forth on Schedule 2.1(b)(i) (the “Chaparral Real Estate LeasesLease”) and any and all improvements, fixtures, machinery, equipment and other property located on the premises demised under the Chaparral Real Estate LeasesLease; and (ii) Those certain real estate leases from TXI, as lessor, to Chaparral, as lessee, set forth on Schedule 2.1(b)(ii) (the “TXI Real Estate Leases”) and any and all improvements, fixtures, machinery, equipment and other property located on the premises demised under the TXI Real Estate Leases.