OCCUPATION AND USE OF THE PROPERTY Sample Clauses

OCCUPATION AND USE OF THE PROPERTY. The Tenant agrees to continue to occupy the Let Property as his or her home and must obtain the Landlord's written permission before carrying out any trade, business or profession there.
Sample 1Sample 2Sample 3See All (10)
AutoNDA by SimpleDocs
OCCUPATION AND USE OF THE PROPERTY. The Tenant agrees to continue to occupy the Let Property as his or her home and must obtain the Landlord's written permission before carrying out any trade, business or profession there. 8. RENT The rent is £$rent.amount$ $rent.duration$ payable in advance. The first payment will be paid in cleared funds on or before $xxxx.xxxxx.xxxx$ and will be for the sum of £$rent.first.amount$ in respect of the period $xxxx.xxxxx.xxxx$ to $xxxx.xxxxx.xxx_date$ (the maximum amount of rent which can be paid in advance is 6 months' rent). Thereafter payments of £$rent.amount$ must be received on or before $xxxx.xxxxxx.xxxxxxx.xxxx$ and then subsequently on or before the same $rent.day-date$ $rent.duration_each$ thereafter until termination of this tenancy agreement. The rent shall be paid by $rent.method$ to the following bank account: $xxxx.xxxx$, $xxxx.xxxxxxx$ Sort Code: $bank.sort_code$ Account number: $bank.account_number$ ($bank.account_name$). (This is the preferred method but rent may be paid using another method if it is reasonable in the circumstances.) It shall be the Tenant's responsibility to cancel Standing Order payments for rent at the termination of the period of let. The Tenant shall not effect such cancellation until after the last rent payment due hereunder has been received by the Landlord. Interest on late payment of rent may be charged by the Landlord at eight per cent per year from the date on which the rent is due until payment is made. The Tenant shall be held liable for any further reasonable costs incurred by the Landlord through the Tenant’s failure to pay rent on time including, but not limited to, any administrative charges or late fees made by the Landlord’s bank, any expenses incurred by the Landlord in pursuing the Tenant for payment of said unpaid rent, legal or otherwise. 9. RENT RECEIPTS Where any payment of rent is made in cash, the Landlord must provide the Tenant with a dated written receipt for the payment stating: the amount paid, and either (as the case may be) the amount which remains outstanding, or confirmation that no further amount remains outstanding. 10. RENT INCREASES The rent cannot be increased more than once in any twelve-month period and the Landlord must give the Tenant at least three months’ notice before any increase can take place. In order to increase the rent, the Landlord must give the Tenant a rent-increase notice, the content of which is set out in ‘The Private Residential Tenancies (Prescribed Notices and F...
Sample 1Sample 2
OCCUPATION AND USE OF THE PROPERTY. 17.1 Except for any leases, tenancies or other rights of occupation to which the Property is subject, as Disclosed the relevant Group Member is in occupation of the whole of the Property and no other person has any right (actual or contingent) to possession or occupation of the Property, or any interest in it.
Sample 1
OCCUPATION AND USE OF THE PROPERTY. 15.1 Except for any leases, tenancies or other rights of occupation to which the Properties are subject, as disclosed in accordance with paragraph 14, the relevant member of the Target Group is in occupation of the whole of any property in which it has an interest and no other person has notified any member of the Target Group that it has any right (actual or contingent) to possession or occupation of such property.
Sample 1
OCCUPATION AND USE OF THE PROPERTY. 12.1 Each of the Properties are presently used for the purpose(s) stated for that Property.
Sample 1
OCCUPATION AND USE OF THE PROPERTY. 7.1 The Property must not be let or occupied by any person without the Local Authority’s prior written consent, which will not be unreasonably withheld provided that the Property is to be occupied upon an assured shorthold tenancy which enables an order for possession to be obtained, after the expiry of an initial term of no more than 6 months, upon one month’s written notice. If required, any other occupiers who has an interest in the Property may be required to sign an occupier’s waiver form.
Sample 1

Related to OCCUPATION AND USE OF THE PROPERTY

  • Operation of the Property During the Term, NAI shall operate the Property in a good and workmanlike manner and substantially in compliance with all Applicable Laws and will pay or cause to be paid all fees or charges of any kind in connection therewith. (If NAI does not promptly correct any failure of the Property to comply with Applicable Laws that is the subject of a written notice given to NAI or BNPLC by any governmental authority, then for purposes of the preceding sentence, NAI shall be considered not to have maintained the Property "substantially in accordance with Applicable Laws" whether or not the noncompliance would be substantial in the absence of the notice.) During the Term, NAI shall not use or occupy, or allow the use or occupancy of, the Property in any manner which violates any Applicable Law or which constitutes a public or private nuisance or which makes void, voidable or cancelable any insurance then in force with respect thereto. During the Term, to the extent that any of the following would, individually or in the aggregate, materially and adversely affect the value of the Property or NAI's use, occupancy or operations on the Property, NAI shall not, without BNPLC's prior consent: (i) initiate or permit any zoning reclassification of the Property; (ii) seek any variance under existing zoning ordinances applicable to the Property; (iii) use or permit the use of the Property in a manner that would result in such use becoming a nonconforming use under applicable zoning ordinances or similar laws, rules or regulations; (iv) execute or file any subdivision plat affecting the Property; or (v) consent to the annexation of the Property to any municipality. If (A) a change in the zoning or other Applicable Laws affecting the permitted use or development of the Property shall occur after the Base Rent Commencement Date that reduces the value of the Property, or (B) conditions or circumstances on or about the Property are discovered after the Base Rent Commencement Date (such as the presence of an endangered species) which substantially impede development and thereby reduce the value of the Property, and if after any such reduction under clause (A) or (B) preceding the Current AS IS Market Value of the Property is less than sixty percent (60%) of Stipulated Loss Value, then NAI shall pay BNPLC upon request the amount by which Current AS IS Market Value is less than sixty percent (60%) of Stipulated Loss Value, for application as a Qualified Prepayment. During the Term, NAI shall not cause or permit any drilling or exploration for, or extraction, removal or production of, minerals from the surface or subsurface of the Property, and NAI shall not do any act whereby the market value of the Property may reasonably be expected to be materially lessened. During the Term, if NAI receives a written notice or claim from any federal, state or other governmental entity that the Property is not in compliance in any material respect with any Applicable Law, or that any action may be taken against the owner of the Property because the Property does not comply with Applicable Law, NAI shall promptly furnish a copy of such notice or claim to BNPLC. Notwithstanding the foregoing, NAI may in good faith, by appropriate proceedings, contest the validity and applicability of any Applicable Law with respect to the Property, and pending such contest NAI shall not be deemed in default hereunder because of the violation of such Applicable Law, if NAI diligently prosecutes such contest to completion in a manner reasonably satisfactory to BNPLC, and if NAI promptly causes the Property to comply with any such Applicable Law upon a final determination by a court of competent jurisdiction that the same is valid and applicable to the Property; provided, however, in any event such contest shall be concluded and the violation of such Applicable Law must be corrected by NAI and any claims asserted against BNPLC or the Property because of such violation must be paid by NAI, all prior to the earlier of (i) the date that any criminal prosecution is instituted or overtly threatened against BNPLC or any of its directors, officers or employees because of such violation, (ii) the date that any action is taken by any governmental authority against BNPLC or any property owned by BNPLC (including the Property) because of such violation, or (iii) a Designated Sale Date upon which, for any reason, NAI or an Affiliate of NAI or any Applicable Purchaser shall not purchase BNPLC's interest in the Property pursuant to the Purchase Agreement for a price to BNPLC (when taken together with any additional payments made by NAI pursuant to Paragraph 1(A)(2) of the Purchase Agreement, in the case of a purchase by an Applicable Purchaser) equal to the Break Even Price.

  • Use of the Property 3.9.1 To use the Property for the purpose of a private residence only in the occupation of the Permitted Occupant and not for business purposes.

  • DESCRIPTION OF THE PROPERTY 13.1 The Property as referred to in the Proclamation of Sale shall be deemed to have been correctly and sufficiently described.

Time is Money Join Law Insider Premium to draft better contracts faster.