Common use of Improper Use Clause in Contracts

Improper Use. Use, maintain, operate or occupy, or allow the use, maintenance, operation or occupancy of, any portion of the Site or Facility for any purpose which: (a) may be dangerous, unless safeguarded as required by any Legal Requirement or Government Instrumentality; (b) may constitute a public or private nuisance resulting in a Material Adverse Effect; or (c) may make void, voidable or cancelable, or materially increase the premium of, any insurance then in force with respect to the Site or Project or any part thereof.

Appears in 8 contracts

Samples: Shareholder Loan Agreement (Panda Global Holdings Inc), Shareholder Loan Agreement (Panda Global Holdings Inc), Shareholder Loan Agreement (Panda Global Holdings Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.