LEASING OF LEASED PREMISES. Landlord hereby leases the Leased Premises to Tenant for the Term, together with a right to use certain portions of the Common Area, subject to the other provisions of this Lease. The Leased Premises are demised herein together with the non-exclusive use of all facilities which serve the Leased Premises and with any and all and singular appurtenances, rights, privileges and easements in or anywise pertaining thereto including, but not limited to, the right to use in common with other tenants and occupants of the building such parking facilities, elevators, stairways, corridors, entrance ways, restrooms, common parking areas and driveways, and other and similar or related facilities as may exist in and about the Project and on the Land and may be generally applicable to all tenants and occupants of the Project. Landlord represents and warrants to Tenant (a) that Landlord is the sole owner in fee simple of the piece, parcel or tract of land (upon which the building is erected, which land is more particularly described in Exhibit "B" annexed hereto) and (b) that the Landlord has the full right and authority to lease the Leased Premised (hereinafter defined to Tenant) and to otherwise enter into this Lease on the terms and conditions set forth herein and (c) Landlord is not in default in any of its obligations to any existing mortgagee or ground lessor and Landlord is current in all its payments to said mortgagee(s) or ground lessor, and (d) the Leased Premises is located in a municipal zoning classification that permits Tenant to use the Leased Premises for its intended use as general administrative offices.
Appears in 2 contracts
Sources: Assignment of Lease (Clayton Holdings Inc), Commercial Lease (Clayton Holdings Inc)