Common use of Changed Use Clause in Contracts

Changed Use. Should the use of all or any portion of the Premises or the Improvements materially change at any time during the Term of this Lease in a manner which is inconsistent with the requirements set forth in this Lease, and should this change not be approved in writing by Landlord, such change in use shall constitute a default hereunder and, subject to Section 15.2 (regarding notice and opportunity to cure such default), Landlord may immediately terminate this Lease upon delivery of notice to Tenant. Upon delivery of such notice, all right, title and interest to the Premises, including the Improvements, shall vest solely in Landlord, without further cost or expense to Landlord, subject only to rights of Lenders as provided in Article XIV.

Appears in 4 contracts

Samples: Ground Lease Template, Ground Lease Template, Ground Lease Template

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