Common use of Premises Use Clause in Contracts

Premises Use. Tenant has agreed with Landlord to use the Premises exclusively to operate a low-income housing apartment community on the Premises which will xxxxxx low- income housing which will benefit persons of low and moderate income for a period of forty (40) years from the date on which the Premises are placed in service.

Appears in 3 contracts

Samples: Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement

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Premises Use. Tenant has agreed with Landlord to use the Premises exclusively to operate a low-income housing apartment community on the Premises which will xxxxxx low- low-income housing which will benefit persons of low and moderate income for a period of forty (40) years from the date on which the Premises are placed in service.

Appears in 1 contract

Samples: Cooperative Endeavor Lease Agreement

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