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Common use of Exclusive Use Clause in Contracts

Exclusive Use. After the Occupancy Date, Lessee expressly agrees and warrants that the Leased Premises will be used exclusively as a Razzoo's Restaurant or any other casual dining sit-down restaurant. In any other such case, after obtaining Lessor's prior written consent, such consent not to be unreasonably withheld or delayed, Lessee may conduct any lawful business from the Leased Premises. Lessee acknowledges and agrees that any other use without the prior written consent of Lessor will constitute a default under and a violation and breach of this Lease. If Lessee should cease business operations at the Leased Premises, Lessee shall continue to abide by all terms of this Lease and shall continue to pay Base Rent according the to the terms hereof (including scheduled rental increases in Article 4 and any renewal term(s)), and shall continue to pay annually the same amount of annual percentage rent that may have been payable, if any, for the last full Lease Year of operation prior to such cessation of business operations at the Leased Premises.

Appears in 8 contracts

Samples: Net Lease Agreement (Aei Real Estate Fund Xv LTD Partnership), Net Lease Agreement (Aei Net Lease Income & Growth Fund Xix Limited Partnership), Net Lease Agreement (Aei Real Estate Fund Xvii Limited Partnership)

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