Purpose of Lease Sample Clauses

Purpose of Lease. This lease is for the benefit of both parties. Nonetheless, the terms of the Lease are material to the Landlord’s ability to provide space to those businesses that Landlord determines in its sole discretion are capable of developing or growing into successful enterprises which will not need the lower-than-market benefits and other services offered by the Landlord and not traditionally found in other leasehold arrangements (with the possible exception of other business incubator leases). As a result, the Landlord will continue to possess, during and after the termination of this Lease, without threat of liability, claim or legal action of any sort, all the rights retained by it and set forth herein which include but are not limited to the right to review all business and financial records of the Tenant, and to right to terminate the Lease at any time. The Tenant accepts such conditions, although they may prove onerous to its operations. Tenant hereby waives any and all rights that it may have or assert to have to make any claim or file any legal action against the Landlord, its directors, agents, officers or other representatives for any decision made or which it fails to make regarding the financial promise of the Tenant’s business, its ability to be financially successful, or its rights to terminate the Lease. This exemption from liability extends to any advice received by the Tenant from the Landlord or from third party consultants provided by the Tenant.
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Purpose of Lease. The Tenant undertakes that during the entire period of the lease, the apartment (and any part of it) shall be used solely for residential purposes.
Purpose of Lease. The Lessee has a need to lease space in Helena, Montana for office purposes. The Lessor has space available for lease in Helena, Montana, suitable for the stated purpose.
Purpose of Lease. 7.1. The Lessee declares and undertakes that it leases the Leased Premises for the purpose as stated and as defined in Appendix F of this Agreement and solely for that purpose.
Purpose of Lease. The Purpose of Lease is offices and laboratory only.
Purpose of Lease. 1. Pursuant to M.G.L. c.30B, the Town solicited proposals for the construction, operation, and maintenance of an ice skating rink. The Town hereby leases to the Lessee the Leased Premises described in Article III below for the purposes of providing for the professional services necessary to construct and for the day-to-day management and operation, in the best interests of the Town of Belmont, of the ice skating rink, and appurtenant facilities, (together, the “Facility”) located in Belmont, MA. Said Facility shall not be used for any other purpose by the Lessee or its employees, agents and representatives without the prior written approval of the Town.
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Purpose of Lease. 2.1 Party B promises to Party A that the Property will be leased for office use in compliance with applicable national and municipal provisions on property use and property management.
Purpose of Lease. Lessee desires to lease ground at the [AIRPORT NAME] Airport from Lessor for the purpose of construction of an aircraft hangar building [when appropriate], or occupancy of an existing aircraft hangar building [when appropriate]. Lessee agrees to use this building (“hangar”) for the purpose of housing an aircraft for personal use only.
Purpose of Lease. The County covenants that during the term of this Facilities Lease, except as hereinafter provided, (a) it will use, or cause the use of, the Facilities for public purposes and for the purposes for which the Facilities are customarily used, (b) it will not vacate or abandon the Facilities or any part thereof, and (c) it will not make any use of the Facilities which would jeopardize in any way the insurance coverage required to be maintained pursuant to Article V hereof.
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