Required Use. During the term of this Agreement, following the date of Completion of Construction of the Improvements and continuing thereafter for a period of at least five (5) years thereafter the Improvements shall not be used for any purpose other than the Required Use, and the operation and occupancy of the Improvements in conformance with the Required Use shall not cease for more than thirty (30) days, except in connection with and to the extent of an event of Force Majeure.
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Samples: Development Incentive Agreement
Required Use. During the term of this Agreement, Agreement following the date of Completion of Construction of the Improvements Commencement Date and continuing thereafter for a period of at least five (5) years thereafter until the Expiration Date, the Improvements shall not be used for any purpose other than the Required Use, and the operation and occupancy of the Improvements in conformance with the Required Use shall not cease for more than thirty (30) days, except in connection with and to the extent of an event of Force Majeure.
Appears in 1 contract
Samples: Economic Development Incentive Agreement (Hartman Short Term Income Properties XX, Inc.)
Required Use. During the term of this Agreement, following the date of Completion of Construction of the Improvements and continuing thereafter for a period of at least five (5) years thereafter until the Improvements shall not be used for any purpose other than the Required Use, and the operation and occupancy of the Improvements in conformance with the Required Use shall not cease for more than thirty (30) days, except in connection with and to the extent of an event of Force Majeure.
Appears in 1 contract
Samples: Development Incentive Agreement
Required Use. During the term of this Agreement, Agreement following the date of Completion of Construction of the Improvements Effective Date and continuing thereafter for a period of at least five (5) years thereafter until the Expiration Date, the Improvements shall not be used for any purpose other than the Required Use, and the operation and occupancy of the Improvements in conformance with the Required Use shall not cease for more than thirty (30) days, except in connection with and to the extent of an event of Force Majeure.
Appears in 1 contract
