Common use of Occupancy of the Premises Clause in Contracts

Occupancy of the Premises. The College hereby grants to Occupant, and Occupant accepts, a license to occupy ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Bedroom #__ (the “Individual Premises”) for residential purposes only and a license to share the common spaces within ▇▇▇▇▇▇▇▇▇ House (the “Shared Premises,” and together with the Individual Premises, the “Premises”), subject to the terms and conditions set forth or referenced herein and in the attached Co- Housing License Agreement Addendum. This Agreement is a license and not a lease. It does not convey any interest in or grant possession of the Premises, but only grants the privilege to use the Premises in connection with and during the period of the Occupant’s employment with the College, subject at all times to the management and control of the Premises by the College. The Shared Premises is partially furnished with basic furniture, kitchen equipment, and linens. All additional furnishings, including all furnishings for the Individual Premises, must be provided by Occupant. The College reserves the right to enter the Premises, upon reasonable notice to Occupant, for purposes of routine inspections and to carry out necessary repairs and renovations. This Agreement may not be assigned.

Appears in 2 contracts

Sources: Co Housing License Agreement Addendum, Co Housing License Agreement