Common use of Premise Clause in Contracts

Premise. Lessor hereby leases to Lessee and Lessee hereby leases from Lessor the portion of the Project which is commonly known as the "Telephone and Television Equipment Room" which is described on Exhibit "B" attached hereto and incorporated herein by this reference. Such area is sometimes referred to herein as the "Premises." The Premises is to be used for the purpose of installing, operating, servicing and repairing the private telephone and television utilities and equipment described on Exhibits "C" and "C-1" (referred to collectively as the "Telephone and Television Equipment"). The equipment as described on Exhibit "C" relating to the Television System shall sometimes be referred to as the "Television Equipment" and the equipment described on Exhibit "C-1" relating to the Telephone System shall sometimes be referred to as the "Telephone Equipment". In addition to the Telephone and Television Equipment installed in the Premises, the Premises is to be used for the purpose of installing, operating, servicing and repairing the private telephone and television utilities and equipment as described on Exhibit C-2 (referred to collectively as the "Related Project Telephone and Television Equipment") which equipment is being and will be employed in connection with the Related Project.