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designated, by a written certificate furnished to the County and signed on the Board of <br />Education's behalf by its Chairman, to act on the Board of Education's behalf for the purpose of <br />performing any act under this Lease. <br />All references to articles or sections are references to articles or sections of this Lease, <br />unless the context clearly indicates otherwise. <br />ARTICLE II <br />REPRESENTATIONS, COVENANTS AND WARRANTIES <br />The County and the Board of Education each represent, covenant and warrant for the <br />other's benefit as follows: <br />(1) Neither the execution and delivery of this Lease nor the fulfillment of or <br />compliance with its terms and conditions nor the consummation of the transactions contemplated <br />hereby, results in a breach of the terms,. conditions and provisions of any agreement or <br />instrument to which either is now a party or by which either is bound, or constitutes a default <br />under any of the foregoing. <br />(2) To the knowledge of each party, there is no litigation or proceeding pending or <br />threatened against such party (or against any other person) affecting the rights of such party to <br />execute or deliver this Lease or to comply with its obligations, under this Lease. Neither the <br />execution and delivery of this Lease by such party nor compliance by such party with its <br />obligations under this Lease, requires the approval of any regulatory body or any other entity, the <br />approval of which has not been obtained. <br />ARTICLE III <br />DEMISING CLAUSE <br />The County hereby leases the Facilities and the Site (the "Leased Property") to the <br />Board of Education, and the Board of Education hereby leases the Leased Property from the <br />County, in accordance with the provisions of this Lease, to have and to hold for the Lease Term. <br />ARTICLE IV <br />LEASE TERM <br />4.1 Commencement. The Lease Term shall commence on 2008 and <br />shall end on , 20_. <br />4.2 Termination. The Lease Term shall terminate upon the earlier of either of the <br />following events: <br />(a) Purchase of the Leased Property by the Board; or <br />~- -~- <br />