TO HAVE AND TO HOLD for Sample Clauses

TO HAVE AND TO HOLD for a term of five years beginning with the first day of July, 1992 (the "Commencement Date") and ending on the thirtieth day of June, 1997 (the "Expiration Date"), both dates inclusive. If Lessor fails to deliver possession of the Premises at the Commencement Date, the Lessor shall not be liable for any damages caused thereby, nor shall this lease be void or voidable, but the Commencement Date shall be extended and no rent shall be due until Lessor delivers possession. Provided, however, that notwithstanding the fact that the Commencement Date has been so extended, the Expiration Date shall remain the same and all the other terms and conditions of this lease, including, without limitation, all dates and time periods contained herein, shall also remain as stated herein. If this lease is extended or renewed, all references to "term" herein shall refer to the extension or renewal terms unless specifically designated otherwise. Notwithstanding the preceding language, if Lessor has not delivered the Premises to Lessee with those improvements required by Addendum #2 (the "Improvements") substantially completed within eight (8) weeks of the execution date of this Lease, and if Lessor has not completed work on at least fifty (50%) percent of the Improvements by the end of said eight week period, then Lessee may terminate this Lease without further recourse by giving Lessor written notice of termination; said notice to be given prior to substantial completion and delivery of the Premises by Lessor.
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TO HAVE AND TO HOLD for a term of ten (10) years subject to the terms herein, commencing as provided below, unless sooner terminated or extended as hereinafter provided (the "Initial Term"). The Initial Term of this Lease shall commence on or about November 1, 2000 (the "Commencement Date"). Lease will not commence until Landlord has received a Certificate of Occupancy from the Municipal Building Authority, which certificate may be of a temporary nature if only minor work is required to be completed. If the Commencement Date is a day other than the first day of a calendar month, the Initial Term shall be extended for a period of days equal to the number of days between the Commencement Date and the first day of the next calendar month after the Commencement Date (the "Interim Period"). The rent due for the Interim Period shall be the total of the number of days in the Interim Period multiplied by the per diem base annual rental amount to be paid during the first year of the Initial Term, and said rent shall be due and payable to Landlord on the Commencement Date of the Lease. Landlord herein grants Tenant the right and option to extend the term of this Lease for one (1) additional period of five (5) years from the expiration date of the Initial Term or applicable extension period. The Term of this Lease shall be extended for the forthcoming extension period provided: (a) written notice of Tenant's election to exercise its right and option to extend the term of this Lease as set forth herein is given to the Landlord at least one (1) year prior to the expiration of the Initial Term or each applicable extension period; and (b) no default exists under the Lease and Landlord has not elected to deny the Tenant the option to extend the term of this Lease due to the existence of any default. If the Tenant has properly given notice of its intent to exercise its option to extend the term of this Lease as aforesaid and Landlord has not elected to deny the Tenant the option to extend the term of this Lease based on occurrence of an event of default hereunder, then the term of this Lease shall be duly extended for the applicable extension period upon all of the same terms, provisions and conditions, except as hereinafter provided and all references contained in this Lease to the term hereof shall be construed to refer to the Initial Term as extended, whether or not specific reference thereto is made in this Lease.
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TO HAVE AND TO HOLD for a term beginning on the Commencement Date, which shall be the earlier of (a) the date on which the work to be performed by Landlord pursuant to Exhibit C and the Final Plans has been substantially completed or (b) the opening by Tenant of its business in the Premises, and ending on the Expiration Date, unless sooner terminated as hereinafter provided. The term "substantially completed" as used herein shall mean that (a) the work to be performed by Landlord pursuant to Exhibit C and the Final Plans has been completed with the exception of minor items which can be fully completed without material interference with Tenant and other items which because of the season or weather or the nature of the item are not practicable to do at the time, provided that none of said items is necessary to make the Premises tenantable for the Permitted Uses, and (b) a temporary certificate of occupancy has issued. When the dates of the beginning and end of the term have been determined, such dates shall be evidenced by a document, in the form attached hereto as Exhibit B, which Landlord shall complete and deliver to Tenant, and which shall be deemed conclusive unless Tenant shall notify Landlord of any disagreement therewith within ten (10) days of receipt.
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TO HAVE AND TO HOLD for a term (the “original term”) beginning on the Commencement Date and ending on the Expiration Date, unless sooner terminated as hereinafter provided.
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TO HAVE AND TO HOLD for a term beginning January 1, 2002 ("the Commencement Date") and ending December 31, 2003, ("the Lease Expiration Date"), excepting that the Tenant shall have the option to terminate this Lease early if Tenant provides Landlord with ninety (90) days notice and upon termination pays a penalty of three (3) months rent.
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Related to TO HAVE AND TO HOLD for

  • TO HAVE AND TO HOLD the above granted and conveyed Property unto and to the proper use and benefit of Trustee, its successors and assigns, in trust, forever, to secure the payment and performance of the Liabilities. IN TRUST, WITH THE POWER OF SALE, to secure payment and performance to Beneficiary of the Liabilities at the time and in the manner provided for its payment in the Credit Agreement and in this Deed of Trust. PROVIDED, HOWEVER, these presents are upon the express condition that, if Grantor shall well and truly perform and pay to Beneficiary the Liabilities at the time and in the manner provided in the Credit Agreement, this Deed of Trust and the Other Documents, and shall well and truly perform the Liabilities as set forth in the Credit Agreement, this Deed of Trust and the Other Documents and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Credit Agreement and the Other Documents, these presents and the estate hereby granted shall cease, terminate and be void and Beneficiary shall release the lien and security interest created by this Deed of Trust upon the request of and at the sole cost and expense of Grantor; provided, however, that any obligation of Grantor to indemnify and hold harmless Beneficiary pursuant to the Credit Agreement, this Deed of Trust and/or the Other Documents, to the extent specified herein or therein to survive, and any other obligation that is specifically agreed to survive such full repayment, performance and release and shall survive any such payment, performance or release. All capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Tranche A Security Agreement. To the extent of any inconsistency between the terms hereof and the terms of the Tranche A Security Agreement, the terms of the Tranche A Security Agreement shall control, except that with respect to the remedies of a Trustee under the law of the State of Texas, the terms of this Deed of Trust shall govern; provided, however, that Grantor and Trustee expressly agree that no conflict shall be deemed to exist where one document imposes a stricter obligation than another, so long as compliance with the stricter obligation does not make compliance with the less strict obligation impossible. This Deed of Trust, the Tranche A Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and any other instrument given to evidence or further secure the payment and performance of any of the Liabilities are sometimes hereinafter collectively referred to as the “Other Documents”. The present principal amount of the Liabilities secured hereby is $92,600,000; the maximum principal amount, including present and future Liabilities, which may be secured hereby at any one time is $92,600,000, plus interest, plus prepayment premium, if any, plus any disbursements and taxes and insurance on the Property and any other sums advanced in accordance with the terms hereof or the Credit Agreement or any of the Other Documents to protect the security of this Deed of Trust, the Credit Agreement or any of the Other Documents, plus interest on such disbursements and advances at the rates set forth in the Credit Agreement (the “Secured Amount”). For purposes of this Deed of Trust, so long as the aggregate principal balance of the Liabilities outstanding equals or exceeds the Secured Amount, the amount of the Liabilities secured by this Deed of Trust shall at all times equal only the Secured Amount. The Secured Amount shall be reduced only by the last and final sums that are repaid with respect to the Liabilities so as to make the aggregate principal balance of the Liabilities equal to an amount less than the Secured Amount, and shall not be reduced by any intervening repayments of the Liabilities. The parties acknowledge and agree that this Deed of Trust does not secure the Tranche B Loans as evidenced by the Tranche B Notes or the obligations of the Guarantors under the Credit Agreement with respect to the Tranche B Loans. AND Grantor covenants and agrees with and represents to Trustee as follows:

  • Right to Have ▇▇▇▇▇▇▇ Present ‌ (a) An employee shall have the right to have their ▇▇▇▇▇▇▇ present at any discussion with supervisory personnel which the employee believes might be the basis of disciplinary action. Where a supervisor intends to interview an employee for disciplinary purposes, the supervisor shall make every effort to notify the employee in advance of the purpose of the interview in order that the employee may contact their ▇▇▇▇▇▇▇, providing that this does not result in an undue delay of the appropriate action being taken. This clause shall not apply to those discussions that are of an operational nature and do not involve disciplinary action. (b) A ▇▇▇▇▇▇▇ shall have the right to consult with a staff representative of the Union and to have a local union representative present at any discussion with supervisory personnel which the ▇▇▇▇▇▇▇ believes might be the basis of disciplinary action against the ▇▇▇▇▇▇▇, providing that this does not result in an undue delay of the appropriate action being taken.

  • Requirement to Have a Single Audit The Subrecipient will complete the Subrecipient Annual Report annually within 45 days after its fiscal year end, informing the State of Vermont whether or not a Single Audit is required for the prior fiscal year. If a Single Audit is required, the Subrecipient will submit a copy of the audit report to the granting Party within 9 months. If a single audit is not required, only the Subrecipient Annual Report is required.

  • PROFESSORS AND TEACHERS A professor or teacher who makes a temporary visit to a Contracting State for a period not exceeding two years for the purpose of teaching or conducting research at a university, college, school or other educational institution, and who is, or immediately before such visit was, a resident of the other Contracting State shall be exempt from tax in the first-mentioned Contracting State in respect of remuneration for such teaching or research.

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