Common use of Rental; Compliance Clause in Contracts

Rental; Compliance. The Developer shall rent the Project to tenants who will use the leased space solely for commercial, office, industrial, manufacturing and/or warehouse distribution purposes and space necessary for and related to commercial, office, industrial, manufacturing and/or warehousing and distribution (the "Use Restrictions"). The Developer shall include language in the lease agreement which requires the tenants to comply with the Use Restrictions. The Developer shall annually submit on or before May 1 of each year commencing May 1, 2025 a Compliance Certificate that all tenants of the Project are in compliance with this Section.

Appears in 3 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Rental; Compliance. The Developer shall rent the Project to tenants the Tenant who will use the leased space solely for commercialmanufacturing, officewarehouse, industrial, manufacturing office and/or warehouse distribution research and development purposes and space necessary for and related to commercialmanufacturing, office, industrial, manufacturing warehousing and/or warehousing research and distribution development (the "Use Restrictions"). The Developer shall include language in the lease agreement which requires the tenants Tenant to comply with the Use Restrictions. The Developer shall annually submit on or before May 1 of each year commencing May 1, 2025 2026 a Compliance Certificate that all tenants of the Project are Tenant is in compliance with this Section.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Rental; Compliance. The Developer shall rent the Project to tenants who will use the leased space solely for commercial, office, industrial, manufacturing and/or warehouse distribution purposes and space necessary for and related to commercial, office, industrial, manufacturing and/or warehousing and distribution (the "Use Restrictions"). The Developer shall include language in the lease agreement which requires the tenants to comply with the Use Restrictions. The Developer shall annually submit on or before May 1 of each year commencing May 1, 2025 2024 a Compliance Certificate that all tenants of the Project are in compliance with this Section.

Appears in 1 contract

Samples: Development Agreement

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