Cooperative Restrictions Clause Samples

Cooperative Restrictions. Tenant shall not use or occupy the Premises nor permit the Premises or any part thereof to be used or occupied for any purpose other than as a private dwelling or by anyone other than Tenant, unless such others shall have been approved for occupancy by the Cooperative’s Board of Directors. Tenant’s right to use and occupy the Premises shall be subject and subordinate to the provisions of the Cooperative’s Bylaws, the Proprietary Lease between the Cooperative and Landlord and the House Rules of the Cooperative (collectively, the “Cooperative Documents”). The Cooperative Documents are attached hereto and incorporated herein by reference. Failure to comply with any provision of the Cooperative Documents shall constitute a material breach of this Sublease. ▇▇▇▇▇▇ further agrees that the Sublease conveys rights of use and occupancy only, and that Tenant shall have no voting rights or any other membership rights in the Cooperative.