Common use of Use and Management of Demised Premises Clause in Contracts

Use and Management of Demised Premises. (1) The Tenant shall use, manage and operate the Demised Premises solely, continuously and actively for the sole purpose of providing Affordable Housing, together with all ancillary uses related thereto, or benefitting or contributing to the principal use, in each case, in accordance with the requirements of the Contribution Agreement and this Lease. The Tenant shall not use or permit the use of the Demised Premises or any part thereof for any other business or purpose except as may be permitted under the Contribution Agreement and this Lease or as otherwise consented to by the Landlord, in its sole discretion.

Use and Management of Demised Premises. (1) The Tenant shall use, manage and operate the Demised Premises solely, continuously and actively for the sole purpose of providing Affordable Housing, together with all ancillary uses related thereto, or benefitting or contributing to the principal use, in each case, in accordance with the requirements of the Contribution Agreement and this LeaseSublease. The Tenant shall not use or permit the use of the Demised Premises or any part thereof for any other business or purpose except as may be permitted under the Contribution Agreement and this Lease Sublease or as otherwise consented to by the Landlord, in its sole discretion.

Use and Management of Demised Premises. (1) The Tenant shall use, manage and operate the Demised Premises solely, continuously and actively for the sole purpose of providing Affordable Housingaffordable rental housing, together with all ancillary uses related thereto, or benefitting or contributing to the principal use, in each case, in accordance with the requirements of the Contribution Agreement and this Lease. The Tenant shall not use or permit the use of the Demised Premises or any part thereof for any other business or purpose except as may be permitted under the Contribution Agreement and this Lease or as otherwise consented to by the Landlord, in its sole discretion.