Examples of Permitted Occupant in a sentence
Landlord hereby agrees that the provisions of this Article 17 shall not apply to the shared occupancy of individual offices in the Premises with Tenant by individuals renting not more than one (1) such office (the “Permitted Occupant”), provided that the space occupied by the Permitted Occupant shall not be separately demised or contain separate entrances, demarcations, or reception areas and the occupancy by the Permitted Occupant shall be upon and subject to all of the terms and conditions of this Lease.
Permitted Occupant: the person or organisation actually occupying the Property including the Tenant.
Tenant acknowledges that Landlord shall have no responsibility or liability for the allocation or use of the Premises between Tenant and any Permitted Occupant.
Failure to comply with this provision shall entitle the University to exercise its rights and remedies set forth in Section “J” above, including without limitation the eviction of and/or judicial action against the Resident, the Permitted Occupant, or their respective guests.
The right of a Permitted Occupant to occupy the Premises are governed by the terms of this Agreement and shall expire or terminate at the same time as Lessee’s rights expire or terminate hereunder.
In the event that the Resident cancels this Contract with the authorization of the University prior to taking occupancy of the Premises, the University shall be put to a certain amount of expense in securing a replacement occupant or reassigning the Permitted Occupant who was previously to be assigned to the Premises, the precise amount of which is difficult and impracticable to ascertain.
No disputes among Tenant and any Permitted Occupant shall in any way affect the obligations of Tenant hereunder.
However, nothing in this Section 8.3 shall diminish Landlord’s rights under the Lease or imply that Landlord has any duties to any Permitted Occupant.
Provided Tenant complies with the Permitted Occupant Conditions (as defined below), then, notwithstanding anything to the contrary set forth in this Lease, Tenant shall have the right to allow employees of one or more entities with whom Tenant has a business relationship (“Tenant Venturers”) to use designated portions of the Premises without execution and approval by Landlord of a separate sublease for such use.
Acceptance of any portion of a rent payment from any person other than a Permitted Occupant is also an unpermitted sublease that constitutes a breach of this Agreement and may result in immediate eviction.