PROJECT SITE LEASE Sample Clauses

A Project Site Lease clause establishes the terms under which a project developer or operator is granted the right to use a specific site for the duration of a project. Typically, this clause outlines the lease period, permitted uses of the land, rent or payment obligations, and any restrictions or responsibilities related to site maintenance and compliance with laws. By clearly defining the rights and obligations of both the lessor and lessee, this clause ensures that the project can proceed without disputes over site access or usage, thereby providing legal certainty and operational stability for the project's duration.
PROJECT SITE LEASE. This [Insert Project] Project Site Lease (“Site Lease”), dated for reference purposes as of herein, and (“Contractor”), a designated as entity number by the California Secretary of State and the lessee herein. The District and the Contractor may be referred to herein individually as a “Party” and collectively as the “Parties.”
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PROJECT SITE LEASE. (i) The Project Site Lease is in full force and effect; (ii) there are no defaults on the part of the Borrower under the Project Site Lease, and no event has occurred which, with the giving of notice or passage of time, or both, would constitute such a default; (iii) to the Borrower’s knowledge, there is no present default by the ground lessor under the Project Site Lease, and no events or circumstances exist which, with the passage of time or the giving of notice, or both, would constitute a default under the Project Site Lease; and (iv) the Borrower is the sole owner of the entire lessee’s interest in the Project Site Lease. The Borrower’s interest in the Project Site Lease has not been assigned or pledged to any Person.
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PROJECT SITE LEASE. The Authority represents and warrants that it holds marketable, fee simple title to the property described on Exhibit A attached hereto containing approximately 43.2 acres (the “Project Site”) located in the Industrial Park. The Authority agrees (i) at the request of the Company, to enter into a lease agreement (the “Lease”) with respect to the Project Site and all improvements located thereon, as well as the machinery, equipment and other personal property installed therein or located thereon as part of the Project between the Authority, as lessor, and the Company, as lessee. The Lease shall contain the provisions described on Exhibit B attached hereto and such other terms and provisions as may be acceptable to the Authority and the Company.
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PROJECT SITE LEASE. This SITE LEASE is dated as of _____________, 2017 and is by and between the CARDIFF SCHOOL DISTRICT, a school district duly organized and existing under the laws of the State of California (the "District") as lessor and _________________________, a corporation organized and operating under the laws of the State of California (the "Lessee").
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PROJECT SITE LEASE. The Borrower shall not terminate, amend, grant any waiver of, or assign any of its respective duties or obligations under, any provision of the Project Site Lease (other than amendments or waivers (i) to correct manifest error or (ii) which are of a stylistic, minor, or purely technical nature, and, in either case, do not change materially any Person’s rights or obligations; provided, that the Borrower shall promptly give EXIM Bank notice, and provide EXIM Bank with a copy, of such amendment or waiver). The Borrower shall timely comply with its obligations under the Project Site Lease. Notwithstanding the foregoing, the Borrower may terminate or permit the termination of the Project Site Lease and enter into a new lease of property (“New Project Site Lease”) for the relocation of the Production Lines, and on and after the date of such relocation, such New Project Site Lease shall be the “Project Site Lease” hereunder; provided that each of the following conditions is satisfied: (a) EXIM Bank has received a copy of the New Project Site Lease and such New Project Site Lease is satisfactory to EXIM Bank in its sole discretion,
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PROJECT SITE LEASE. The Lease will be executed and delivered, substantially in the form attached hereto as Exhibit A. The Rent Commencement Date is the date on which Lease payments to Phoenix begin to accrue, which is also the date on which Commencement of Construction occurs.
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PROJECT SITE LEASE. This SITE LEASE is dated as of and is by and between the Saddleback Valley Unified School District, a school district duly organized and existing under the laws of the State of California (the “District”) as lessor and , a California corporation operating under the laws of the State of California (the “Lessee”).
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PROJECT SITE LEASE. The Authority represents and warrants that it holds marketable, fee simple title to (i) Exhibit A attached hereto containing approximately 84 acres (the “Main Site”), and (ii) Exhibit B attached hereto containing approximately six acres (the “Ancillary Site” and together with the Main Site, the “Project Site”), all such property being located in the Commerce Park. As provided in that certain Inducement Agreement, dated as of the date hereof (the “Inducement Agreement”), between the Company and the Authority, in the event that the Ancillary Site is removed from the Project (and only at and from such point), the Main Site alone shall constitute the “Project Site” for all purposes under this Agreement and the transactions contemplated hereby.
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Related to PROJECT SITE LEASE

  • Site Lease Facilities Lease, including Exhibits A-G

  • Project Site The “Project Site” is the place where the Work is being carried on.

  • Ground Lease (a) Each Ground Lease contains the entire agreement of the Borrower or the applicable Subsidiary Guarantor and the applicable owner of the fee interest in such Unencumbered Property (the “Fee Owner”), pertaining to the Unencumbered Property covered thereby. With respect to Unencumbered Property subject to a Ground Lease, the Borrower and the applicable Subsidiary Guarantors have no estate, right, title or interest in or to the Unencumbered Property except under and pursuant to the Ground Lease or except as may be otherwise approved in writing by Agent. The Borrower has delivered a true and correct copy of the Ground Lease to the Agent and the Ground Lease has not been modified, amended or assigned, with the exception of written instruments that have been recorded in the applicable real estate records for such Unencumbered Property. (b) The applicable Fee Owner is the exclusive fee simple owner of the Unencumbered Property, subject only to the Ground Lease and all Liens and other matters disclosed in the applicable title policy for such Unencumbered Property subject to the Ground Lease, and the applicable Fee Owner is the sole owner of the lessor’s interest in the Ground Lease. (c) There are no rights to terminate the Ground Lease other than the applicable Fee Owner’s right to terminate by reason of default, casualty, condemnation or other reasons, in each case as expressly set forth in the Ground Lease. (d) Each Ground Lease is in full force and effect and, to Borrower’s knowledge, no breach or default or event that with the giving of notice or passage of time would constitute a breach or default under any Ground Lease (a “Ground Lease Default”) exists or has occurred on the part of a Borrower or a Subsidiary Guarantor or on the part of a Fee Owner under any Ground Lease. All base rent and additional rent, if any, due and payable under each Ground Lease has been paid through the date hereof and neither Borrower nor any Subsidiary Guarantor is required to pay any deferred or accrued rent after the date hereof under any Ground Lease. Neither Borrower nor a Subsidiary Guarantor has received any written notice that a Ground Lease Default has occurred or exists, or that any Fee Owner or any third party alleges the same to have occurred or exist. (e) The Borrower or applicable Subsidiary Guarantor is the exclusive owner of the ground lessee’s interest under and pursuant to each Ground Lease and has not assigned, transferred or encumbered its interest in, to, or under the Ground Lease, except to Agent under the Loan Documents.

  • Operating Lease (i) Each Borrower shall (a) promptly perform and observe all of the covenants required to be performed and observed by it under the Operating Leases and do all things necessary to preserve and to keep unimpaired its material rights thereunder; (b) promptly notify Lender of any material default under any Operating Lease of which it is aware; (c) promptly deliver to Lender a copy of any notice of default or other material notice under any Operating Lease delivered to any Operating Lessee by Borrower; (d) promptly give notice to Lender of any notice or information that Borrower receives which indicates that an Operating Lessee is terminating its Operating Lease or that any Operating Lessee is otherwise discontinuing its operation of the applicable Individual Property; and (e) promptly enforce the performance and observance of all of the material covenants required to be performed and observed by the Operating Lessee under the applicable Operating Lease. (ii) If at any time, (A) an Operating Lessee shall become insolvent or a debtor in a bankruptcy proceeding or (B) Lender or its designee has taken title to an Individual Property by foreclosure or deed in lieu of foreclosure, has become a mortgagee-in-possession, has appointed a receiver with respect to the applicable Individual Property or has otherwise taken title to such Individual Property, Lender shall have the absolute right to (and Borrower and Operating Lessee shall reasonably cooperate and not in any way hinder, delay or otherwise interfere with Lender’s right to), immediately terminate the applicable Operating Lease under and in accordance with the terms of the applicable Subordination, Attornment and Security Agreement. (iii) Borrower shall not, without the prior written consent of Lender, which consent shall not be unreasonably withheld: (a) surrender, terminate or cancel any Operating Lease or otherwise replace any Operating Lessee or enter into any other operating lease with respect to any Individual Property, provided, however, at the end of the term of each Operating Lease, the applicable Borrower may renew such Operating Lease or enter into a replacement Operating Lease with Operating Lessee on substantially the same terms as the expiring Operating Lease except that Lender shall have the right to approve any material change thereto; (b) reduce or consent to the reduction of the term of any Operating Lease; or (c) enter into, renew, amend, modify, waive any provisions of, reduce Rents under, or shorten the term of any Operating Lease.

  • Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.