Common use of Ownership of the Leased Property Clause in Contracts

Ownership of the Leased Property. ▇▇▇▇▇▇ acknowledges that the Leased Property is the property of Lessor and that ▇▇▇▇▇▇ has only the right to the exclusive possession and use of the Leased Property upon the terms and conditions of this Lease.

Appears in 1 contract

Sources: Facility Lease Agreement (Emeritus Corp\wa\)

Ownership of the Leased Property. ▇▇▇▇▇▇ acknowledges that the Leased Property is the property of Lessor and that ▇▇▇▇▇▇ has only the right to the exclusive possession and use of the Leased Property upon the terms and conditions of this Lease. Upon the expiration or earlier termination of this Lease with respect to any Facility Lessee shall, at its expense, repair and restore the Leased Property relating to such Facility to the condition required by Section 9.1.4.

Appears in 1 contract

Sources: Master Lease and Security Agreement (Emeritus Corp\wa\)

Ownership of the Leased Property. ▇L▇▇▇▇▇ acknowledges that the Leased Property is the property of Lessor and that ▇L▇▇▇▇▇ has only the right to the exclusive possession and use of the Leased Property upon the terms and conditions of this Lease. Upon the expiration or earlier termination of this Lease with respect to any Facility Lessee shall, at its expense, repair and restore the Leased Property relating to such Facility to the condition required by Section 9.1.4.

Appears in 1 contract

Sources: Project Bond Lease Portfolio (Emeritus Corp\wa\)