Covenant to Operate. The Tenant shall throughout the whole of the Term continuously operate, occupy and utilize the entire Premises and conduct its business therein complying strictly with the provisions of this Lease. The Tenant acknowledges that the Landlord is executing this Lease in reliance upon the Tenant’s covenant herein contained and that such covenant is a material element inducing the Landlord to execute this Lease.
Covenant to Operate. The Tenant shall throughout the Term continually operate, occupy and utilize the entire Leased Premises and conduct its business in accordance with the provisions of this Lease. The Tenant acknowledges that the Landlord is executing this Lease in reliance upon this covenant and that it is a material element inducing the Landlord to execute this Lease. The Tenant shall operate and conduct its business upon the whole of the Premises in an up-to-date, first class and reputable manner befitting the character of the Building and shall act diligently and use all proper and reasonable efforts consistent with good business practice. The Tenant agrees not to make any material change in the nature or character of the business carried on by the Tenant in or from the Leased Premises or in the quality of goods and services offered by the Tenant in or from the Leased Premises without the written consent of the Landlord.
Covenant to Operate. Subject to the provisions of Section 5.3 and Section 12.4.2 hereof, commencing on Substantial Completion of the Project Improvements Work and continuing thereafter during the remainder of the Term, Tenant covenants, at Tenant’s sole cost and expense to:
Covenant to Operate. Each day during the Term, commencing upon and at all times from and after the Term Commencement Date, Lessee shall operate and have open for business, or cause to be operated and kept open for business, the Hotel as a Luxury Hotel; provided that the foregoing covenant (i) shall be subject to interruptions due to Force Majeure Events and any disruptions pursuant to any Casualty or Appropriation referred to in Section 17 (provided that Lessee shall use all commercially reasonable efforts to mitigate and minimize the impact of any Force Majeure Event, Casualty or Appropriation on the Hotel and the Hotel Business); and (ii) shall be subject to the provisions of Section 11.5(g) with respect to limited temporary closures of certain portions of the Hotel to the extent expressly permitted by Section 11.5(h). In the event that any dispute arises between Lessee and Lessor as to whether the Hotel is being operated at any given time as a Luxury Hotel, such dispute shall, upon the request of either party, be resolved by arbitration pursuant to Section 18.
Covenant to Operate. The Parties acknowledge Landlord presently operates a hospital within the Restricted Area for the purpose of furnishing health care and/or wellness services to the general public. If, at any time hereafter, Landlord or Landlord’s successor or assign or another entity ceases to continuously operate a hospital on the Campus for a period in excess of one hundred eighty (180) days, then Tenant shall be released from the use restrictions contained in this ARTICLE 5 and in Sections 7.3 and 7.4 below, and Tenant may engage in any lawful use of the Land and the MOB; provided, however, that such use shall otherwise comply with this Lease. The provisions of the preceding sentence shall not apply to closures during any periods of construction, reconstruction or remodeling undertaken to repair, replace, expand or modify the hospital, or any portion thereof, or to any cessation of hospital operations due to casualty or other force majeure.
Covenant to Operate. [The Tenant shall throughout the Term continually operate, occupy and utilize the entire Leased Premises and conduct its business in accordance with the provisions of this Lease. If the Tenant acknowledges that the Landlord is executing this Lease in reliance upon this covenant and that it is a material element inducing the Landlord to execute this Lease.] [Language in brackets struck out in original] If the Tenant shall operate and conduct its business upon the whole of the Premises, then the Tenant shall do so in an up-to-date, first class and reputable manner befitting the character of the Building and shall act diligently and use all proper and reasonable efforts consistent with good business practice. The Tenant agrees not to make any material change in the nature or character of the business carried on by the Tenant in or from the Leased Premises or in the quality of goods and services offered by the Tenant in or from the Leased Premises without the written consent of the Landlord, which consent shall not be unreasonably withheld.
Covenant to Operate. Commencing on the Commencement Date and thereafter for the balance of the Term, Tenant hereby covenants that it shall continuously occupy and use the Premises solely for conducting the Permitted Use, as defined herein.
Covenant to Operate. The Greenhouse Operator shall use and ------------------- operate the Greenhouse Site for the permitted purposes described in paragraph 1 hereof. Such operations shall be conducted in accordance with the terms and conditions of a certain Thermal Supply Lease Agreement dated as of March 15, 1993, under which Declarant is the lessor and Greenhouse Operator is the lessee (the "Thermal Supply Agreement"); provided however that the term of Greenhouse Operator's leasehold estate shall not commence until the occurrence of the Commencement Date as provided in the Thermal Supply Lease and that this Declaration of Covenants shall not be construed to have effected any demise of the Greenhouse Site or to constitute actual or constructive notice of any such demise. In connection with the operation of the Greenhouse Site, the Greenhouse Operator shall, subject to the terms of the Thermal Supply Agreement and conditions of Force Majeure as therein provided, accept a quantity of thermal energy from the Cogeneration Site of not less than Two Hundred Billion (200,000,000,000) BTU measured on an annual calendar year basis, which thermal energy shall be received through a heat transfer system. To the fullest extent reasonably practicable, thermal energy prepared on the Cogeneration Site shall be utilized on the Greenhouse Site in lieu of thermal energy obtained from alternate sources. In addition, no other source of thermal energy (except solar generated radiant energy) shall be utilized on the Greenhouse Site in connection with the operation of the permitted use so long as thermal energy sufficient to satisfy the needs of the operation is produced and made available from the Cogeneration Site.
Covenant to Operate. Subject to the provisions of Section 6.5 hereof, commencing on the first day of the Initial Occupancy (as that term is defined in the Economic Development Performance Agreement) and continuing thereafter (except for Down Times) during the remainder of the Term, Lessee covenants, at Lessee's sole cost and expense to:
Covenant to Operate. Commencing on the first day after Substantial Completion and continuing thereafter during the remainder of the Term, Tenant covenants, at Tenant’s sole cost and expense (except as otherwise expressly provided herein) (i) to operate the Project Improvements, and cause the same to be operated in accordance with the Permitted Uses and the Operating Standard and (ii) to conduct or cause to be conducted all elements of any Additional Work, as and when applicable, diligently and continuously, subject only to interruptions and delays caused by Excusable Tenant Delay and/or Landlord Delay, and in a manner consistent with the requirements of this Lease.
