Common use of Environmental Objectives Clause in Contracts

Environmental Objectives. The Landlord and the Tenant agree that this Lease is to be interpreted in a manner consistent with the intention of the Landlord and the Tenant to facilitate the achievement of the Environmental and Sustainability Objectives, and the Tenant acknowledges that in the event that the Landlord makes a decision pertaining to the Lease and is required by the provisions of the Lease to make such decision acting reasonably, then if such decision is motivated by the Landlord’s desire to achieve or facilitate the achievement of the Environmental and Sustainability Objectives, then such decision will be deemed prima facie to have been made reasonably.

Appears in 2 contracts

Sources: Lease of Industrial Space (Above Food Ingredients Inc.), Lease Agreement (Dirtt Environmental Solutions LTD)