Use of the Leasehold Sample Clauses

Use of the Leasehold. Section 401 Uses
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Use of the Leasehold. 11.1. The Lessee is required to obtain from the competent authorities all of the licenses required to manage the business in the Leasehold within the purpose of the lease and undertakes to conduct it only according to such licenses and the requirements of the law and any competent authority. The Lessee declares that it has checked and is aware that the licenses in this section are obtainable and that under no circumstances is the Lessor liable in the event that the Lessee fails to obtain them.
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Use of the Leasehold. 9.1 The lessee undertakes to run its business in the leasehold solely within the purpose of the rental, without any exceptions and without any deviations, of any type or sort, from the purpose of the rental. It is hereby clarified that in any event, and without derogating from the generality of this agreement, it is forbidden to carry out any deeds or acts which involve air pollution while violating the stipulations of the law or any other offense in violation of environmental laws. Without derogating from the generality of the above-stated, indeed the lessee confirms that it is aware that the responsibility for getting a fire extinguishing approval rests with it and it undertakes to employ a security consultant in order to attain this approval. Any additional adjustment or suitability work which is required for the needs of the lessee shall be carried out by the lessee and at its expense. Any change or expansion of the rental purpose is subject to getting the consent, in advance and in writing, from the lessor, who shall be eligible also not to agree to carry out any such said change or expansion, be the reason what it may, based on the absolutely exclusive discretion of the lessor, and the lessee shall be restrained from raising any arguments or claims and he shall have no complaints and / or claims and / or demands in respect of the refusal of the lessor to two provided with approval for the said change or expansion. Without derogating from the generality of the above stated, the lessee confirms that it is aware that operating the leasehold while making changes or in an exceptional way from the purpose of the rental, aside from being a fundamental breach of this contract, as stated above, is liable to constitute a deviating usage in violation of the law as well as to cause additional damages to the leasehold, and therefore the lessor shall be eligible, and any and all events in which the business in the leasehold will be ran in such a way as to deviate or be exceptional to the purpose of the rental, to attain, among other things, a restraining order against such a deviating management or operation, and likewise the lessee shall indemnify and compensate the lessor, immediately upon receiving a demand to do so, in respect of any and all damages and / or direct expenses brought about to the lessor (if indeed any are inflicted) as a result of a demand on the part of the authorities in respect of a deviating usage in violation of the law, and this without de...
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Use of the Leasehold. 5.1 The lessee shall have the right to use the leasehold in a reasonable manner set forth this contract. The lessor guarantees the rights of the lessee to use any public areas and equipments and facilities of the SOHO (hereinafter refereed to as the “Mansion”) covered by the property management fees, but the lessee shall comply with all applicable regulations for the use of the public equipments and facilities of the mansion formulated and issued by the property management company.
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Use of the Leasehold. Use of the Leasehold other than for the Purpose will constitute a material breach of this agreement by the Lessee.
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Use of the Leasehold. 2.1 Party B pledges to Party A that the tenements shall be used as offices in accordance with related regulations and rules concerning the use of tenements made by the state and the municipality.
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Related to Use of the Leasehold

  • Use of the Leased Property (a) Lessee covenants that it will proceed with all due diligence and will exercise reasonable efforts to obtain and to maintain all Licenses and other approvals needed to use and operate the Leased Property and the Hotel under applicable local, state and federal law.

  • USE OF THE LEASED PREMISES Use of the Leased Premises is limited to aeronautical uses. The Lessee may use the Leased Premises, at its own risk, for the following purposes and for no other purpose (including commercial or business use) without the prior written approval of the Airport Director:

  • Use of the Property The Tenant agrees with the Landlord as follows:-

  • Use of the Premises 8.1. To use the Premises only as a private residence for the occupation of the Tenant and his immediate family.

  • Use of Leased Premises The Lessor is leasing the Premises to the Lessee and the Lessee is hereby agreeing to lease the Premises for the following use and purpose: . Any change in use or purpose the Premises other than as described above shall be upon prior written consent of Lessor only.

  • TENANT'S USE OF THE PREMISES Tenant shall use the Premises solely for the purposes set forth in Tenant's Use Clause. Tenant shall not use or occupy the Premises in violation of law or any covenant, condition or restriction affecting the Building or Project or the certificate of occupancy issued for the Building or Project, and shall, upon notice from Landlord, immediately discontinue any use of the Premises which is declared by any governmental authority having jurisdiction to be a violation of law or the certificate of occupancy. Tenant, at Tenant's own cost and expense, shall comply with all laws, ordinances, regulations, rules and/or any directions of any governmental agencies or authorities having jurisdiction which shall, by reason of the nature of Tenant's use or occupancy of the Premises, impose any duty upon Tenant or Landlord with respect to the Premises or its use or occupation. A judgment of any court of competent jurisdiction or the admission by Tenant in any action or proceeding against Tenant that Tenant has violated any such laws, ordinances, regulations, rules and/or directions in the use of the Premises shall be deemed to be a conclusive determination of that fact as between Landlord and Tenant. Tenant shall not do or permit to be done anything which will invalidate or increase the cost of any fire, extended coverage or other insurance policy covering the Building or Project and/or property located therein, and shall comply with all rules, orders, regulations, requirements and recommendations of the Insurance Services Office or any other organization performing a similar function. Tenant shall

  • Condition of the Leased Property Lessee acknowledges receipt and delivery of possession of the Leased Property. Lessee has examined and otherwise has knowledge of the condition of the Leased Property and has found the same to be satisfactory for its purposes hereunder. Lessee is leasing the Leased Property “as is” in its present condition. Lessee waives any claim or action against Lessor in respect of the condition of the Leased Property. LESSOR MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IN RESPECT OF THE LEASED PROPERTY, OR ANY PART THEREOF, EITHER AS TO ITS FITNESS FOR USE, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR PURPOSE OR OTHERWISE, AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, LATENT OR PATENT, IT BEING AGREED THAT ALL SUCH RISKS ARE TO BE BORNE BY LESSEE. LESSEE ACKNOWLEDGES THAT THE LEASED PROPERTY HAS BEEN INSPECTED BY LESSEE AND IS SATISFACTORY TO IT. Provided, however, to the extent permitted by law, Lessor hereby assigns to Lessee all of Lessor’s rights to proceed against any predecessor in title (other than any Affiliate of Lessee, which conveyed the Property to Lessor) for breaches of warranties or representations or for latent defects in the Leased Property. Lessor shall fully cooperate with Lessee in the prosecution of any such claim, in Lessor’s or Lessee’s name, all at Lessee’s sole cost and expense. Lessee hereby agrees to indemnify, defend and hold harmless Lessor from and against any claims, obligations and liabilities against or incurred by Lessor in connection with such cooperation.

  • Ownership of the Leased Property Lessee acknowledges that the Leased Property is the property of Lessor and that Lessee has only the right to the possession and use of the Leased Property upon the terms and conditions of this Lease.

  • Leaseholds If the Mortgage Loan is secured by a long-term residential lease, (1) the lessor under the lease holds a fee simple interest in the land; (2) the terms of such lease expressly permit the mortgaging of the leasehold estate, the assignment of the lease without the lessor's consent and the acquisition by the holder of the Mortgage of the rights of the lessee upon foreclosure or assignment in lieu of foreclosure or provide the holder of the Mortgage with substantially similar protections; (3) the terms of such lease do not (a) allow the termination thereof upon the lessee's default without the holder of the Mortgage being entitled to receive written notice of, and opportunity to cure, such default, (b) allow the termination of the lease in the event of damage or destruction as long as the Mortgage is in existence, (c) prohibit the holder of the Mortgage from being insured (or receiving proceeds of insurance) under the hazard insurance policy or policies relating to the Mortgaged Property or (d) permit any increase in rent other than pre-established increases set forth in the lease; (4) the original term of such lease is not less than 15 years; (5) the term of such lease does not terminate earlier than five years after the maturity date of the Mortgage Note; and (6) the Mortgaged Property is located in a jurisdiction in which the use of leasehold estates in transferring ownership in residential properties is a widely accepted practice;

  • Subleases of Tenant Whether or not Landlord elects to terminate this Lease on account of any default by Tenant, as set forth in this Article 19, Landlord shall have the right to terminate any and all subleases, licenses, concessions or other consensual arrangements for possession entered into by Tenant and affecting the Premises or may, in Landlord’s sole discretion, succeed to Tenant’s interest in such subleases, licenses, concessions or arrangements. In the event of Landlord’s election to succeed to Tenant’s interest in any such subleases, licenses, concessions or arrangements, Tenant shall, as of the date of notice by Landlord of such election, have no further right to or interest in the rent or other consideration receivable thereunder.

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