Nature Of Occupancy. No legal title or leasehold interest in the Property shall be deemed or construed to be created or vested in Occupant by anything contained herein. Occupant shall occupy the Property, merely as a licensee. It is expressly understood and agreed that Xxxxxxxx is not a tenant or lessee, the Institute is not a landlord, and Occupant does not have such rights as exist at law regarding landlord/tenant rights, including without limitation, N.J.S.A. 2A:18-61.1 et seq. Notwithstanding the forgoing, Occupant expressly confirms that the Institute shall have the rights of removal thereunder, including under N.J.S.A. 2A:18-61.1(m) upon the termination of Occupant’s Member status for any reason.
Appears in 3 contracts
Samples: Use and Occupancy Agreement, Use and Occupancy Agreement, Use and Occupancy Agreement
Nature Of Occupancy. No legal title or leasehold interest in the Property shall be deemed or construed to be created or vested in Occupant by anything contained herein. Occupant shall occupy the Property, merely as a licensee. It is expressly understood and agreed that Xxxxxxxx Occupant is not a tenant or lessee, the Institute is not a landlord, and Occupant does not have such rights as exist at law regarding landlord/tenant rights, including without limitation, N.J.S.A. 2A:18-61.1 et seq. Notwithstanding the forgoing, Occupant expressly confirms that the Institute shall have the rights of removal thereunder, including under N.J.S.A. 2A:18-61.1(m) upon the termination of Occupant’s Member status for any reason.
Appears in 3 contracts
Samples: Use and Occupancy Agreement, Use and Occupancy Agreement, Use and Occupancy Agreement
