Common use of Cannabis Prohibition Clause in Contracts

Cannabis Prohibition. BUYER shall not allow any Asset, Space or Premises to be used for the use, growing, producing, processing, storing (short or long term), distributing, transporting, or selling of marijuana, cannabis, cannabis derivatives, or any cannabis containing substances ("Cannabis"), nor shall BUYER permit, allow or suffer, any of BUYER's officers, employees, agents, servants, licensees, drivers, contractors or invitees to bring onto the Space or Premises, any Cannabis. Without limiting the foregoing, the prohibitions in this paragraph shall apply to all Cannabis, whether such Cannabis is legal for any purpose whatsoever under state or federal law or both. Notwithstanding anything to the contrary, any failure by BUYER to comply with each of the terms, covenants, conditions and provisions of this Section shall automatically and without the requirement of any notice be a material breach of this Reservation Agreement that is not subject to cure, and BUYER agrees that upon the occurrence of any such breach, SUPPLIER may elect, in its sole discretion, to exercise all of its rights and remedies under this Reservation Agreement, at law or in equity with respect to such breach. Furthermore BUYER is prohibited from engaging or permitting others to engage in any activity which would be a violation of any state and/or federal laws relating to the use, sale, possession, cultivation and/or distribution of any controlled substances (whether for commercial or personal purposes) regulated under any applicable law or other applicable law relating to the medicinal use and/or distribution of marijuana/Cannabis (otherwise known as the Compassionate Use Act of 1996, as may be amended).

Appears in 4 contracts

Samples: Reservation Agreement, Reservation Agreement, Reservation Agreement

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Cannabis Prohibition. BUYER shall not allow any Asset, Space or Premises to be used for the use, growing, producing, processing, storing (short or long term), distributing, transporting, or selling of marijuana, cannabis, cannabis derivatives, or any cannabis containing substances ("Cannabis"), nor shall BUYER permit, allow or suffer, any of BUYER's officers, employees, agents, servants, licenseesBUYERs, drivers, contractors or invitees to bring onto the Space or Premises, any Cannabis. Without limiting the foregoing, the prohibitions in this paragraph shall apply to all Cannabis, whether such Cannabis is legal for any purpose whatsoever under state or federal law or both. Notwithstanding anything to the contrary, any failure by BUYER to comply with each of the terms, covenants, conditions and provisions of this Section 5 shall automatically and without the requirement of any notice be a material breach of this Reservation Agreement that is not subject to cure, and BUYER agrees that upon the occurrence of any such breach, SUPPLIER may elect, in its sole discretion, to exercise all of its rights and remedies under this Reservation Agreement, at law or in equity with respect to such breach. Furthermore BUYER is prohibited from engaging or permitting others to engage in any activity which would be a violation of any state and/or federal laws relating to the use, sale, possession, cultivation and/or distribution of any controlled substances (whether for commercial or personal purposes) regulated under any applicable law or other applicable law relating to the medicinal use and/or distribution of marijuana/Cannabis (otherwise known as the Compassionate Use Act of 1996, as may be amended).

Appears in 1 contract

Samples: Reservation Agreement

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Cannabis Prohibition. BUYER shall not allow any Asset, Space or Premises to be used for the use, growing, producing, processing, storing (short or long term), distributing, transporting, or selling of marijuana, cannabis, cannabis derivatives, or any cannabis containing substances ("Cannabis"), nor shall BUYER permit, allow or suffer, any of BUYER's officers, employees, agents, servants, licensees, drivers, contractors or invitees to bring onto the Space or Premises, any Cannabis. Without limiting the foregoing, the prohibitions in this paragraph shall apply to all Cannabis, whether such Cannabis is legal for any purpose whatsoever under state or federal law or both. Notwithstanding anything to the contrary, any failure by BUYER to comply with each of the terms, covenants, conditions and provisions of this Section shall automatically and without the requirement of any notice be a material breach of this Reservation Agreement that is not subject to cure, and BUYER agrees that upon the occurrence of any such breach, SUPPLIER may elect, in its sole discretion, to exercise all of its rights and remedies under this Reservation Agreement, at law or in equity with respect to such breach. Furthermore BUYER is prohibited from engaging or permitting others to engage in any activity which would be a violation of any state and/or federal laws relating to the use, sale, possession, cultivation and/or distribution of any controlled substances (whether for commercial or personal purposes) regulated under any applicable law or other applicable law relating to the medicinal use and/or distribution of marijuana/Cannabis (otherwise known as the Compassionate Use Act of 1996, as may be amended).for

Appears in 1 contract

Samples: Reservation Agreement

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