Common use of Premises and Personal Property Clause in Contracts

Premises and Personal Property. For and in consideration of the above background recitals and the covenants and agreements to be performed by ▇▇▇▇▇▇ as hereinafter set forth, Landlord does hereby lease, demise and let unto Tenant the Premises and assign ownership of the Personal Property to Tenant and Tenant does hereby lease and accept from Landlord, the Premises and the assignment of the Personal Property.

Premises and Personal Property. For and in consideration of the above background recitals and the covenants and agreements to be performed by ▇▇▇▇▇▇ Tenant as hereinafter set forth, Landlord does hereby lease, demise and let unto Tenant the Premises and assign ownership of the Personal Property to Tenant and Tenant does hereby lease and accept from Landlord, the Premises and the assignment of the Personal Property.