Restriction of Leasing Sample Clauses

Restriction of Leasing. An Owner shall be prohibited from leasing the Lot unless the Lot is being leased at the time of adoption of this Amendment; said Lot shall be prohibited from leasing upon the earlier of the lease term expiring or the current tenants vacate. The Trustees may waive the limitation on leasing in this Section 28(b) for a reasonable period of time in the event of personal hardship or unanticipated circumstances such as military service, sabbatical, job transfer, or medical conditions. Any such waiver shall be in writing and signed by the Owner and the Trustees. In the event a waiver is granted, the Owner may lease the Unit for the term granted in accordance with the regulations in Section 28(c) below.
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Related to Restriction of Leasing

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  • Uses and Restrictions You may:

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  • TENANCIES AND RESTRICTIVE COVENANTS The Property is believed to be and shall be taken to be correctly described and is sold subject to all express conditions, restrictions-in-interest, caveats, leases, tenancies, easements, liabilities, encumbrances and rights, if any, subsisting thereon or thereover without the obligation to define the same respectively and the Purchaser is deemed to have full knowledge thereof.

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