(Criteria for commencing business Sample Clauses

The 'Criteria for commencing business' clause defines the specific conditions that must be met before a business can officially begin its operations under an agreement. Typically, this clause outlines requirements such as obtaining necessary licenses, regulatory approvals, or fulfilling certain contractual obligations. By clearly stating these prerequisites, the clause ensures that both parties understand when business activities may lawfully and contractually start, thereby preventing premature actions and reducing the risk of non-compliance or disputes.
(Criteria for commencing business. Not to use occupy the Premises to commence business or operation (whether temporarily or otherwise), the Landlord may at its discretion refuse to provide the necessary facilities and services to the Premises including the electricity and air-conditioning unless and until the Tenant (i) has obtained all necessary unconditional completion/approval certificate(s) duly issued by the competent authorities in respect of all works and installation to the Premises which shall be legally required for commencing business or operation at or in the Premises; and (ii) has deposited with the Landlord at all times during the Term the relevant valid completion/approval certificate(s) therefor; failing which the Landlord may at its discretion refuse to provide the necessary facilities and services to the Premises including the electricity supply and air-conditioning facility.
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(Criteria for commencing business. Not to use or occupy the Premises for the commencement of or operation of business (whether temporarily or otherwise) unless and until the Tenant (i) has obtained all necessary unconditional completion/approval certificate(s) duly issued by the competent authorities in respect of all works and installation to the Premises which is/are legally required for commencing business or operation of business at or in the Premises; and (ii) has deposited with the Landlord at all times during the Term the relevant valid completion/approval certificate(s); failing which the Landlord may at its discretion refuse to provide the necessary facilities and services to the Premises including the electricity supply and air-conditioning services.
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Related to (Criteria for commencing business

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