Common use of Compliance with Private Restrictions Clause in Contracts

Compliance with Private Restrictions. Tenant shall not use, occupy or improve the Property, or permit the Property or the Improvements or any part thereof, to be used, occupied or improved, so as to violate any condominium declaration (or similar documentation) that the Property may be subject to, if any, or any terms, conditions or covenants of any other development-related documentation (including, without limitation, zoning declarations, community benefits agreements, or reciprocal easement agreements), and any recorded easements, restrictions, covenants, or agreements now or hereafter (subject to the terms hereof) affecting the Property (“Private Restrictions”). Tenant shall at all times comply with all affirmative obligations, if any, imposed on Landlord by any Private Restrictions; provided, however, Tenant shall not be responsible for the performance of obligations with which Tenant cannot comply because Tenant is not the fee owner of the Property. After the Commencement Date, Landlord shall not enter into any Private Restrictions affecting the Property without Tenant’s prior written consent (which shall not be unreasonably withheld, conditioned, or delayed only if the proposed Private Restrictions or amendment do not increase the cost to Tenant to develop or operate the Improvements or interfere with Tenant’s development or operation of the Improvements for the Allowable Uses).

Appears in 12 contracts

Samples: Master Lease Agreement (Aimco OP L.P.), Master Lease Agreement (Aimco OP L.P.), Master Leasing Agreement (Aimco OP L.P.)

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