Common use of OCCUPANCY OF THE LEASED PREMISES Clause in Contracts

OCCUPANCY OF THE LEASED PREMISES. The Lessee shall occupy the Leased Premises and shall continuously and actively operate its business in the entire area of the Leased Premises during the whole Term; the Lessee shall not leave the Leased Premises vacant or unoccupied at any time during the Term, and shall keep therein the moveable property which is normally used in the operation of its business, the whole at all times throughout the Term. The Lessee acknowledges that its obligations pursuant to this Article 7.3 are of the utmost importance to the Lessor in order to avoid the appearance and impression generally created by vacant space, to facilitate the leasing of space in the Building, and to maintain the character, quality and image of the Building. Furthermore, the Lessee acknowledges that the Lessor shall suffer important, serious and irreparable damages if the Lessee does not conform to the provisions of the present Article 7.3, and this, even if the Lessee continues to promptly pay all Rent and Additional Rent herein provided.

Appears in 6 contracts

Samples: Agreement of Lease (Sword Comp Soft Corp), Agreement of Lease (Millenia Hope Inc), Lease (Millenia Hope Inc)

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