THE LESSOR Clause Samples
The "THE LESSOR" clause defines the rights, responsibilities, and identity of the party leasing out property or assets in an agreement. It typically outlines the lessor's obligations, such as maintaining the property, ensuring it is fit for use, and providing necessary documentation or access to the lessee. This clause clarifies the lessor's role in the contractual relationship, ensuring both parties understand who holds ownership and what duties the lessor must fulfill, thereby reducing potential disputes and ensuring smooth operation of the lease.
THE LESSOR. (a) warrants that as at the Delivery Date the Ship and the Lessor’s interest in the Insurances and any Requisition Compensation will be free of all Lessor’s Security Interests; and
(b) undertakes with the Lessee that it will not create or permit to arise during the Lease Period any such Lessor’s Security Interest over the Ship or any part of it or the Lessor’s interest in the Insurances and any Requisition Compensation.
THE LESSOR. SIGNED AND DELIVERED on behalf of the above named DLF Assets Private Limited acting through ▇▇. ▇▇▇▇▇ ▇▇▇▇▇ and ▇▇. ▇▇▇▇ ▇▇▇▇▇▇, its Authorized Signatories: In the presence of: 1.
THE LESSOR. Kalibr Open Joint-Stock Company, located at: ▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇, ▇▇▇▇▇▇ INN/KPP (Taxpayer Identification Number)/KPP (Tax Registration Reason Code): ▇▇▇▇▇▇▇▇▇▇/771701001 with Inspectorate No. 17 of the Federal Tax Service in Northeastern Administrative District, settlement account No. 40702810400190000619 with VTB Bank OJSC, Moscow, BIC 044525187, corr. acc. No. 30101810700000000187.
THE LESSOR. 3.2.1. The Lessor register the Lessee according to the established rules in the SH premises, and accommodate him therein for the period of studies, provide him with the inventory, the key and checks the payments.
THE LESSOR. Name: [________] Head office: [________] Company Registration No: [________] Legal representative: [________] Position: [________] Being the lawful user of [________] Building at [________] and want to rent Room [________] of [________] Building out to Lessee (“Office”). (Hereinafter referred to as the “Lessor”).
THE LESSOR. It is expressly understood and agreed by and among the parties hereto that, except as otherwise provided herein: (a) ▇▇▇▇▇ Fargo Bank Northwest, National Association ("▇▇▇▇▇ Fargo") is entering into this Lease solely in its capacity as Owner Trustee under the Trust Agreement dated October 18, 2002 between ▇▇▇▇▇ Fargo and UBICS Holding Company (the "Trust Agreement") and not in its individual capacity; (b) each and all of the undertakings and agreements herein made on the part of Lessee are all made and intended not as personal undertakings and agreements by ▇▇▇▇▇ Fargo in its individual capacity, or for the purpose or intention of binding ▇▇▇▇▇ Fargo in its individual capacity, but are made and intended for the purpose of binding only the Trust Estate (as defined in the Trust Agreement) unless expressly provided otherwise; (c) nothing contained in the Lease shall be construed as creating any personal liability on ▇▇▇▇▇ Fargo in its individual capacity to perform any covenants either express or implied contained herein, all such liability, if any, being expressly waived by the other parties hereto, and (e) so far as ▇▇▇▇▇ Fargo in its individual capacity is concerned, the other parties hereto shall look solely to the Trust (as defined in the Trust Agreement) and the Trust Estate for the performance of any obligation under this Lease; provided, however, that nothing in this Clause 18 shall be construed to limit in scope or substance the general corporate liability of ▇▇▇▇▇ Fargo in its individual capacity in respect of its gross negligence or wilful misconduct or those representations, warranties and covenants of ▇▇▇▇▇ Fargo made in its individual capacity as contained herein.
THE LESSOR. The Lessee shall have no right, title or interest in or to the Equipment except as expressly set forth in this Agreement. The Lessee shall not hold itself out as owner of the Equipment and the Lessee may not in its accounts or in any other document treat, or account for, the Equipment as assets of the Lessee.
11.2 On each part of Equipment there shall at all times be affixed, and shall not be removed or covered up, a fireproof plate or another permanent marking, specifically approved by the Lessor bearing the inscription in the Language: "This equipment is owned by AB ▇ ▇ ERICSSON FINANS". The Lessee shall ensure that such name plates are not, during the term of this Agreement, at any time obscured or removed.
THE LESSOR. 7.2.1. The LESSOR must maintain, repair and replace at its expense and at appropriate times –
7.2.2. the structure and exterior of the Property, and
7.2.3. the perimeter fence, electric fence, boom gates where applicable.
7.2.4. any geysers and plumbing installations supplying the leased premises
7.2.5. maintain gutters, drains and down pipes and keep clear of all blockages
7.2.6. repair and replace where necessary all appurtenances
7.2.7. fire equipment, sprinklers system, fire detection units and air-conditioning equipment save for split units installed in the LESSEE’s server rooms.
7.2.8. servicing of glass doors where applicable
7.2.9. maintenance of exterior paintwork and in common areas in good order and appearance
7.2.10. maintenance of flooring in common areas in good order and appearance 7.2.11. maintenance of parking areas in good order and appearance 7.2.12. provision of security services for the property.
THE LESSOR. SIGNED AND DELIVERED on behalf of the above named DLF Cyber City Developers Limited acting through M▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and M▇. ▇▇▇▇▇▇ ▇▇▇ Srivastava, its authorized signatories: In the presence of: WITNESSES: DLF Cyber City Developers Limited ( R▇▇▇▇▇ ▇▇▇▇▇▇▇) & ( N▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ )
THE LESSOR. SIGNED AND DELIVERED on behalf of the above named DLF Cyber City Developers Limited acting through ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇, its authorized signatories: In the presence of: WITNESSES For and on behalf ofDLF Cyber City Developers Limited 1. /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇(▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇) & (▇▇▇▇▇▇▇ ▇▇▇▇▇) AUTHORIZED SIGNATORIES 2. SIGNED AND DELIVERED on behalf of the above named MakeMyTrip (India) Private Limited acting through ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, its authorized signatory: In the presence of: WITNESSES For and on behalf ofMakeMyTrip (India) Private Limited 1. /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇(▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇) AUTHORIZED SIGNATORY 2.