Tenants Covenant to Operate. Tenant agrees to complete Tenant's work and open the Premises for business to the public adequately fixtured, stocked and staffed on the Rent Commencement Date, and, thereafter throughout the Term of this Lease, to continuously operate in one hundred percent (100%) of the sales space within the Premises the business described in Article I, Section 1.0(s), Mondays through Saturdays from 10:00 A.M. to 9:00 P.M. and on Sundays from 12:00 Noon until 6:00 P.M., or such other operating days and hours as may be reasonably determined by Landlord for the operation of the Shopping Center. Tenant agrees it will not open earlier or close later than such hours without Landlord's prior written consent. Landlord's consent may be conditioned on Tenant's payment of additional costs incurred by Landlord as a result of Tenant's extended hours of operation. Notwithstanding anything to the contrary contained in this Lease, in no event shall Tenant be required to be open for business in the Premises, at any time unless at such time at least two (2) "Major Department Stores" (as hereinafter defined) and tenants occupying at least seventy percent (70%) of the Shopping Center GLA (excluding the GLA of the Major Department Stores) shall also be open for business to the public. "
Tenants Covenant to Operate. Subject to Article XXII, Tenaxx xxxees to complete Tenaxx'x xork and open the Premises for business to the public fully fixtured, stocked and staffed on the RCD, and, thereafter throughout the Term of this Lease, to continuously operate in one hundred percent (100%) of the useable space within the Premises the business prescribed in Article I, Section 1.0(t), Mondays through Sundays during such hours as may be reasonably determined by Landlord for the operation of the Shopping Center; provided, however, that notwithstanding the foregoing, Tenant shall not be required to initially open the Premises for business until the Occupied Center GLA is at least seventy percent (70%) of the aggregate Shopping Center GLA (excluding second level space). Tenaxx xxxees it will not open earlier or close later than such hours without Landxxxx'x xrior consent. Notwithstanding anything to the contrary herein contained, Tenant shall have the right to close the Premises one (1) day each Lease Year (which day shall be mutually acceptable to Landlord and Tenant) for purposes of conducting a physical inventory in the Premises and up to two (2) days each Lease Year in the event, through no fault of Tenant, that Tenant's insurance coverage would not otherwise be met.
Tenants Covenant to Operate. Tenant agrees to complete Tenant's work and open the Premises for business to the public fully fixtured, stocked and staffed on the RCD, and, thereafter throughout the Term, to continuously operate in one hundred percent (100%) of the space within the Premises the business prescribed in Article I, Section 1.0(t), Mondays through Saturdays from 11:30 A.M. to 9:00 P.M. and on Sundays from 12:00 Noon until 6:00 P.M., or such other operating days and hours as may be reasonably determined by Landlord for the operation of the Shopping Center. Tenant agrees it will not open earlier or close later than such hours without Landlord's prior written consent. Tenant acknowledges and agrees that it is difficult to assess damages resulting from its failure to comply with the terms and conditions contained in this Section 8.2. Consequently, Tenant agrees to pay Landlord $100 on demand as and for liquidated damages and additional rent under this Lease for each such failure, and if there occurs three (3) such failures during any consecutive twelve (12) month period during the Term, an Event of Default shall then be deemed to have occurred hereunder. Notwithstanding anything to the contrary contained in this Section 8.2, Tenant may be open for additional hours in excess of those provided above provided that Tenant coordinates such requests for additional hours with Landlord's Mall Manager and receives the Mall Manager's written approval therefore, which approval shall not be unreasonably withheld, delayed or conditioned. In addition, Tenant may close for business on Christmas, Thanksgiving and Easter. Landlord shall not unreasonably withhold, delay or condition any reasonable requests by Tenant to be closed for business for the purpose of repairing and/or remodeling the Premises, provided, however, that Landlord must agree in writing to the exact number of days when Tenant may be closed for business.
Tenants Covenant to Operate. (a) HOURS AND MANNER OF OPERATION. TENANT agrees to complete TENANT'S work and open the PREMISES for business to the public fully fixtured, stocked and staffed on the Rent Commencement Date, and thereafter throughout the term of this lease, to continuously operate in one hundred percent (100%) of the space within the PREMISES the business prescribed in Article 1, Section 1(m) on all business days during the hours of 10:00 a.m. until 9:30 p.m., Monday through Saturday and 12:00 noon until 5:30 p.m. on Sundays or such other hours as LANDLORD shall establish, from time to time, as the standard Shopping Center business hours. TENANT agrees it will not open earlier or close later than the hours established by LANDLORD as the standard Shopping Center business hours except that TENANT may open at 9:00 a.m. for the convenience of pedestrians in the Enclosed Mall provided that LANDLORD has opened the Enclosed Mall to pedestrian traffic at such earlier hour and TENANT agrees to observe such hours as LANDLORD may prescribe during special events, seasonal shopping periods, or such other times that LANDLORD determines that the standard hours should be modified. In operating its business, TENANT agrees to carry sufficient merchandise in the PREMISES at all times, but to warehouse, store and/or stock only such quantities of merchandise as are reasonably required to facilitate sales from the PREMISES. TENANT agrees to fully and adequately staff the PREMISES with sufficient sales personnel and to use for office, clerical or other non-selling purposes only such space in the PREMISES as is reasonably required for TENANT'S business therein (not including any other business of TENANT in locations other than the PREMISES). TENANT recognizes that the covenants of TENANT in this Article 8, Section 2 are a material consideration to LANDLORD in order that TENANT might produce the maximum Gross Sales possible from the PREMISES during the lease term.
Tenants Covenant to Operate. Tenant agrees to complete Tenant's work and open the Premises for business to the public adequately fixtured, stocked and staffed on the Rent Commencement Date, and, thereafter throughout the Term of this Lease, to continuously operate in one hundred percent (100%) of the space within the Premises the business prescribed in Section 1.0(t), Mondays through Sundays during such hours as may be reasonably determined by Landlord for the operation of the Shopping Center. Tenant agrees it will not open earlier or close later than such hours without Landlord's prior consent. Notwithstanding anything to the contrary contained herein, Tenant shall be permitted to close the Premises for up to two (2) days per Lease Year for the purpose of taking inventory, provided such days are approved in advance and in writing by Landlord, which approval Landlord shall not unreasonably withhold. In no event shall Tenant be permitted to close the Premises on any day that banks in Nevada are required or permitted, under the state or federal law, to be closed for business ("Holiday"), or within three (3) days of any Holiday.
Tenants Covenant to Operate. (A) Tenant will, except when prevented from so doing by Force Majeure or by other causes beyond its reasonable control (including the unavailability of film), during Tenant's Operating Period, continuously operate or cause to be operated a first class (but not necessarily first run) multiplex cinema ("Theater") in Tenant's Facility and utilizing at least 50% of the auditoriums located therein for the showing of first run film product (subject to the general availability of first run films in the marketplace) (such covenant being herein called "TENANT'S OPERATION COVENANT"). In accordance with the foregoing, Tenant agrees that at all times during the continuance of Tenant's Operating Covenant, Tenant shall operate and maintain the Theatre with due diligence and efficiency and in conformance with Tenant's operation of its similar first run theaters in the Denver metropolitan area, including observing substantially the same hours and days of operation.
Tenants Covenant to Operate. (A) Tenant will, except when prevented from so doing by Force Majeure or by other causes beyond its reasonable control (including the unavailability of film), during Tenant's Operating Period, continuously operate or cause to be operated a first class (but not necessarily first run) multi-plex cinema ("Theater") in Tenant's Facility and utilizing at least 50% of the auditoriums located therein for the showing of first run film product (subject to the general availability of first run films in the marketplace) (such covenant being herein called "TENANT'S OPERATING COVENANT"). In accordance with the foregoing, Tenant agrees that at all times during the continuance of Tenant's Operating Covenant, Tenant shall operate and maintain the Theatre with due diligence and efficiency and in conformance with Tenant's operation of its similar first-run Theaters in the Denver metropolitan area, including observing substantially the same hours and days of operation. (B) Nothing contained in this Lease or in rules or regulations (if any) promulgated by Landlord shall be deemed in any way to (i) regulate the manner of operation by Tenant of its business in Tenant's Facility (other than as required by Paragraph(Al), or (ii) require Tenant to operate all its theatre auditoriums (but Tenant shall, subject to Force Majeure, operate at least 12 auditoriums during the continuance of Tenant's Operating Covenant), or (iii) give Landlord any right, express or implied, of censorship over any attractions exhibited in Tenant's Facility or over the content of Tenant's advertising. (C) If Tenant shall breach the covenant to continuously operate set forth in SECTION 1.6 of the MVC/AMC Deed, Tenant shall be responsible for and shall timely pay the Two Hundred Fifty Thousand Dollar ($250,000.00) liquidated damage
Tenants Covenant to Operate. Xxxxxx agrees to complete Xxxxxx’s work and open the Premises for business to the public fully fixtured, stocked and staffed on the Rent Commencement Date, and, thereafter throughout the Term of this Lease, to continuously operate in one hundred percent (100%) of the space within the Premises the business prescribed in Section 1.0(r), Mondays through Sundays during such hours as may be reasonably determined by Landlord. Xxxxxx agrees it will not open earlier or close later than such hours.
Tenants Covenant to Operate
