Common use of Ownership of the Premises Clause in Contracts

Ownership of the Premises. Tenant acknowledges that the Premises are the property of Landlord and that Tenant has only the right to the exclusive possession and use of the Premises upon the terms and conditions of this Lease. Upon the expiration or earlier termination of this Lease, Tenant shall, at its expense, repair and restore the Premises to the condition required by Section 9.1.4.

Appears in 4 contracts

Sources: Lease (Global Medical REIT Inc.), Purchase Agreement (Global Medical REIT Inc.), Lease (Global Medical REIT Inc.)

Ownership of the Premises. Tenant acknowledges that the Premises are the property of Landlord and that Tenant has only the right to the exclusive possession and use of the Premises upon the terms and conditions of this Lease. Upon Subject to the agreement of Landlord to make available all insurance proceeds, upon the expiration or earlier termination of this Lease, Tenant shall, at its expense, repair and restore the Premises to the condition required by Section 9.1.4.

Appears in 1 contract

Sources: Lease (First Choice Healthcare Solutions, Inc.)

Ownership of the Premises. Tenant acknowledges that the Premises are the property of Landlord and that Tenant has only the right to the exclusive possession and use of the Premises upon and subject to the terms and conditions of this Lease. Upon the expiration or earlier termination of this Lease, Tenant shall, at its expense, repair and restore the Premises to the condition required by Section 9.1.4.

Appears in 1 contract

Sources: Master Lease Agreement (Brookdale Senior Living Inc.)