Facilities Occupancy Requirement Sample Clauses

The Facilities Occupancy Requirement clause establishes the obligation for a party, typically a tenant or licensee, to occupy and use the specified premises or facilities as outlined in the agreement. This clause may set minimum occupancy levels, require continuous use, or specify the types of activities permitted within the space. For example, it might mandate that a retail tenant must open for business within a certain timeframe and remain operational during agreed-upon hours. The core function of this clause is to ensure that the facilities are actively used as intended, preventing vacancies and maintaining the value and utility of the property for both parties.
Facilities Occupancy Requirement. The School acknowledges that its facility must meet all educational occupancy standards required by applicable New Mexico Construction Codesxxxiii. The School’s facilities shall be certified for occupancy as a public school prior to commencing operations in the new building, including the approval of the director or designee of the New Mexico Public Schools Facilities Authority (“PSFA”)xxxiv. The School further acknowledges that if it is renewed on or after July 1, 2015, that its facilities must meet the requirements as set forth in Subsection D of Section 22-8B-4.2 ▇▇▇▇ ▇▇▇▇ (2011). The School shall comply with all state and federal health and safety requirements applicable to public schools, including those health and safety codes relating to educational building occupancy.
Facilities Occupancy Requirement. The School acknowledges that its facility must meet all educational occupancy standards required by applicable New Mexico Construction Codes31. The School’s facilities shall be certified for occupancy as a public school prior to commencing operations in the new building, including the approval of the director or designee of the New Mexico Public Schools Facilities Authority (“PSFA”)32. The School further acknowledges that if it is renewed on or after July 1, 2015, that its facilities must meet the requirements as set forth in Subsection D of Section 22-8B-4.2 NMSA 1978 (2011). 29 Section 22-8B-6 NMSA 1978 (2011). 30 Section 22-8B-6(D) NMSA 1978 (2011). 31 Section 22-8B-4.2(A) NMSA 1978 (2011). 32 Section 22-8B-4.2 NMSA 1978 (2011). The School shall comply with all state and federal health and safety requirements applicable to public schools, including those health and safety codes relating to educational building occupancy.