The Purpose of the Lease. 8.1 The Lessee hereby leases the leased premises with the sole purpose of using it to operate a Biotechnology business.
The Purpose of the Lease. The Lessee undertakes not to use the leased premises for any purpose whatsoever in any way whatsoever except for the purpose of the lease as specified in Appendix A. The instructions of this section represent a fundamental condition to this contract and a breach of them will represent a fundamental breach of the contract.
The Purpose of the Lease. 6.1. The Tenant declares and undertakes that it is a tenant of the premises solely for the purpose of the lease as detailed and defined in Appendix A to this contract, and solely for this purpose.
The Purpose of the Lease. 3.1 The Tenant is leasing the Demised Premises in order to operate / manage offices therein (hereinafter: the "LEASE PURPOSE"), and for no other purpose.
The Purpose of the Lease. 7.1. The Leased Premises are hereby leased to the Tenant for the purpose of management of its business which includes development of medical devices. The Tenant has available thereto the right to sublet part of the area of the Leased Premises to any other subtenant, including companies that are directly or indirectly connected to the Tenant, provided that the Landlord shall not object to the identity of the subtenant, except on reasonable grounds.
The Purpose of the Lease a. Without derogating the aforesaid, the tenancy’s purpose is a “Know How” industry; all this provided that it does not cause inconvenience to the other residents in the building and/or the environment and provided that the use will not exceed the structure’s building permit. The Lessor undertakes and declares that the lease’s purpose complies with the TPS and the building rights applicable to the real estate. The Tenant is obliged to get all the necessary licenses for the running of his business in the Tenancy and to post signs, if necessary. Not obtaining them will not be considered a cause to shorten the Lease or for a delay or diminishing the rent even in the case of the business closure as a result of the lack of a said license. That, subject to the Lessor having carried out all his undertakings as the Tenancy’s owner toward the relevant authorities and by this Agreement and unless not getting the said license is a direct and exclusive result of the lack of fulfilling the Lessor’s undertaking, subject to the Tenant having posted in writing the Lessor a reasonable warning to correct the breach and in the meantime the breach was not fixed. It is hereby agreed, that if, for any reason, deriving from this Agreement’s terms or as a result of legal directives, the Lessor’s agreement or signing will be required to obtain the licenses and permits detailed in this above section in the frame of the law applying to the Tenant by this Agreement, the Lessor will abide by this request, and will fully cooperate with the Tenant including signing on every request and/or document connected to getting the licenses, provided that this does not impose on the Lessor responsibility and/or liabilities and/or expenses. The Tenant hereby declares, that he is aware that using the Tenancy not for the leasing purpose, or without the required certificates and/or permits might cause very heavy damages to the Lessor, including the breach of tenancies agreements with other residents in the tenancy and therefore the Lessor will be entitled, in addition to other aid, to receive injunctions against the said operation. The Tenant is aware that the Lessor may grant uniqueness and/or exclusivity to certain businesses in the structure and/or to prevent the existence of certain businesses and so to create a certain balance, at his discretion. The Tenant declares, that no said uniqueness and/or exclusiveness was granted to him in connection to the Tenancy and to the business that will proceed...
The Purpose of the Lease. A. Without derogating from the foregoing, the purpose of the Lease is the management of a business for the development, production, and sale of electronic communications products, and on condition that no disturbance is caused to the other tenants of the building and that the usage shall not deviate from the building's building permit. The Lessee shall be responsible for acquiring all necessary licenses for managing its businesses on the Premises, if necessary. Failure to acquire them shall not be a pretext for shortening the Lease or delaying or reducing leasing fees, even if the business shall close as a result of losing its license.
The Purpose of the Lease. The purpose of the lease is for the purpose of a manufacturing plant and accompanying uses such as offices and storage only.
The Purpose of the Lease. 4.1 The property is being let to A.C.S for the purpose of performing the activity.
The Purpose of the Lease. The lessee shall use the Premises for the manufacturing of the flex circuit assemblies, precision electro-mechanical assemblies, micro component assemblies and other electronic circuit assemblies manufacuring.
