Operation of the Premises. SECTION 1. Lessor and its agents and employs agree to manage and operate the Premises in a manner consistent with proper professional management and operation of similar facilities including, without limitation, providing for the operation, cleaning, maintenance, landscaping, repair, replacement and upkeep of the Premises necessary to keep the Premises in reasonably good working order, repair, appearance and condition and providing heating, ventilating and air conditioning and building and grounds maintenance and repair. Responsibility for the operation and upkeep of the Demised Premises is further outlined in Article VIII Section 1 hereto.
Operation of the Premises. Throughout the Extended Term, Lessee shall continue to comply with all of the terms and requirements of Section 7.1 of the Original Lease in connection with the repair, maintenance and operation of the Premises.
Operation of the Premises.
7.1 Management and Lease Start-up
1. Initial meeting with Lessor. At least two weeks prior to the Commencement Date, Lessor will arrange a meeting with Xxxxxx to provide an opportunity for Xxxxxx to obtain general information regarding the Premises. Lessor will provide Lessee with certain information regarding the Premises, including but not limited to residential tenant contact information, sublease agreements for assignment, security deposits transfer, current Repair and Maintenance Plan, status of pending or planned repair and maintenance tasks, parking permit information, and subtenant management issues. Following Prior Xxxxxx’s transition notification letter to subtenants, Xxxxxx will draft an introduction letter to the Sublessees further informing them of the change in lease management and providing contact information and a sublease application form for each occupant on the sublease agreement. Lessor to approve content of letter and Xxxxxx to deliver letter to each subtenant at least one week prior to the Commencement Date.
Operation of the Premises. The Lessee shall be obliged to properly operate the Premises, which means in particular (but not limited) that
a) The Lessee shall not fail (for any reasons whatsoever) to operate the Premises for longer than three calendar days during 180 days (exceptions e.g. for reasons of redevelopment of the Premises shall be agreed in writing before with the Lessor, and, exceptions because of an breakdowns shall not represent such failure to operate);
Operation of the Premises. (a) During the period between the Effective Date and the earlier to occur of the Closing Date, or the termination of this Agreement, Seller shall operate the Property and conduct its business thereon in the same manner as the Property has been operated by Seller immediately prior to the acceptance and delivery of this Agreement (including, without limitation, keeping the Property insured at the current level of insurance maintained thereon and continuing all marketing/advertising/leasing efforts). After the Effective Date the Seller shall, in the ordinary course of business, put, maintain and keep the Premises, in the same working order and condition as exists on the expiration of the Inspection Period (including, without limitation, keeping the Property insured at the current level of insurance maintained thereon), so that the same shall be in such condition on the Closing Date, reasonable wear and tear excepted. Additionally, Seller shall promptly (1) notify Purchaser in writing of any litigation, arbitration, condemnation or administrative hearing before any court or governmental agency concerning Seller or the Property that is instituted after the Effective Date, other than eviction or unlawful detainer actions that will be completed prior to Closing, (2) provide to Purchaser copies of any Contracts or amendments/modifications thereto entered into after the Effective Date (subject to the terms of this Section 5), and any documents or materials received by Seller from and after the Effective Date that would have been included in Evaluation Materials if received prior to such date, (3) within two (2) business days after Seller’s receipt of request therefor, provide to Purchaser an updated Rent Roll, (4) provide to Purchaser copies of all written notices given or received by Seller after the Effective Date asserting (i) any breach or default under the Contracts, (ii) any violation of any matters of record affecting the Property (“Recorded Exceptions”), (iii) any material breach or material default by Seller under the Leases which will not be cured prior to the Closing Date, (iv) any violation by Seller of any 10722467 covenants, conditions, restrictions, laws, statutes, rules, regulations or ordinances applicable to the Property, and (v) any documents evidencing any actions, proceedings, litigation or governmental investigations against Seller or the Premises or any portion thereof, together with a summary of all such matters, and (5) provide to Purchaser...
Operation of the Premises. When Fifth Pocket uses the Premises for storage, Fifth Pocket will be responsible for operation of the Premises. In addition to the requirements set forth at Paragraph 5, Fifth Pocket will ensure that its employees and representatives may access the Premises in a safe and orderly manner. Fifth Pocket acknowledges that its use of the Premises is further subject to the limitations set forth in Paragraph 1. Fifth Pocket shall not permit unauthorized persons from access any other portion of the Building except as required to access the Premises.
Operation of the Premises. (i) The Mortgagor has all ------------ ------------------------- necessary certificates, licenses, authorizations, registrations, permits and/or approvals necessary for the operation of the Premises or any part thereof, and all required environmental permits, all of which as of the date of the signing hereof are in full force and effect and not, to the knowledge of the Mortgagor, subject to any revocation, amendment, release, suspension, forfeiture or the like, (ii) the present use and/or occupancy of the Premises and/or Improvements does not conflict with or violate any such certificate, license, authorization, registration, permit and/or approval, or any applicable law, ordinance, statute, rule, order, requirement or regulation and (iii) the Mortgagor has delivered to the Mortgagee, prior to the signing hereof, duplicate originals or appropriately certified copies of all such certificates, licenses, authorizations, registrations, permits and/or approvals.
Operation of the Premises a. The Historic Boat Shop shall be operated by Tenant under the sole identifying name listed in Exhibit J attached hereto and shall have an identifying graphic logotype to be approved in writing by Landlord prior to use. Any change in the identifying name and or approved logotype of the Historic Boat Shop by Tenant shall be subject to the prior written approval of Landlord. Tenant represents that the identifying name provided on Exhibit J attached hereto will be part of Tenant’s brand in terms of cooperative marketing and advertising, sales and reservations, group benefits, procurement, and systems and operations support.
b. After the Commencement Date, subject to the prior written approval of Landlord, Tenant may at its own expense, install necessary and appropriate identification and directional signs on the exterior of the Premises, consistent with the requirements of the GGNRA Project Handbook and the Tenant Sign Policy provided to Tenant by Landlord. Tenant shall cooperate with Landlord to develop a protocol and standard design, subject to the written approval of Landlord and consistent with the Tenant Sign Policy and any Landlord special event guidelines for Fort Xxxxx, for any and all temporary (removable and demountable) identification and directional signs associated with meetings, conferences, and events managed by the Tenant.
c. Tenant shall implement the Marketing Plan to promote the identity and name recognition of the Historic Boat Shop, and advertise the Historic Boat Shop.
d. The Parties acknowledge and agree that the unique attributes and mission of the Historic Boat Shop make it particularly attractive to nonprofit and international non- governmental organization users and long-term NPS programmatic goals for use as a location for community and low-cost meetings and events. Tenant shall promote the use of the Historic Boat Shop for nonprofit/government events, meetings, workshops, seminars and conferences even if such promotion reduces overall Gross Revenues (due to reduced rates) and Percentage Rent; provided, however, Tenant shall not be required to achieve any specified percentage mix of user category of the Historic Boat Shop.
e. The Parties acknowledge and agree that the San Francisco Bay Area has long enjoyed international acclaim and an identity as a destination for a vibrant environmentally sustainable food and dining culture. Landlord shares these regional values and strives to integrate them into park operations, including foo...
Operation of the Premises. (i) Mortgagor has and will maintain all necessary certificates, licenses, authorizations, registrations, permits and/or approvals necessary for the operation of all or any part of the Premises, and the conduct of Mortgagor's business at the Premises, including, where appropriate, a Permanent Certificate of Occupancy and Board .of Fire Underwriters Certificate for those portions of the improvements which have been completed as of the date hereof and all required zoning ordinance, building code, land use, environmental and other similar permits or approvals, all of which as of the date hereof are in full force and effect and not subject to any revocation, amendment, release, suspension or forfeiture, (ii) the Premises and the present and contemplated use and/or occupancy of the Premises comply with and do not conflict with or violate any of the applicable zoning ordinances, building codes, certificates of occupancy, environmental laws and other similar applicable laws and regulations, and (iii) Mortgagor has access from public roads to the Land and the Improvements.
Operation of the Premises. Section 4.1. As a material inducement to and in consideration of Landlord entering into this Agreement, Tenant shall continuously conduct the business described in Section 8.1 of the Lease in the Premises in a first-class manner and during the hours comparable to other athletic clubs with comparable facilities operated by Tenant or any Affiliate of Tenant as of the date hereof (subject to events of Force Majeure and Temporary Closures).
