Common use of Use of Land Clause in Contracts

Use of Land. Lessee has obtained all Consents required in connection with the use of the Land and the granting to Lessor of the rights under this Agreement, and shall obtain such additional Consents necessary or appropriate for the grant of the Hynix Easement Right and the registration thereof in accordance with Section 7 (“Lessee Easement Rights Consents”). As of Partition Date, Lessee has provided Lessor with copies of all such Consents and shall provide Lessor with the Lessee Easement Rights Consents on or before the Partition Date, including those listed on Exhibit C. The condition and use of the Access Areas as of the Partition Date by Lessee complies with all Applicable Laws in all material respects.

Appears in 3 contracts

Sources: Land Lease and Easement Agreement (Magnachip Semiconductor LLC), Land Lease and Easement Agreement (Magnachip Semiconductor LLC), Land Lease and Easement Agreement (MagnaChip Semiconductor LTD (United Kingdom))