Approved Use definition

Approved Use means the use of the Project for the operation of a Healthcare Facility as a ___ ____ [insert type of facility] with __ __ [beds/units] [of which not less than __ ___ [beds/units] are [to be] in use] and such other uses as may be approved in writing from time to time by HUD based upon a request made by the Borrower, Operator, or Master Tenant, but excluding any uses that are discontinued with the written approval of HUD. Master Tenant shall ensure that use of the Healthcare Facility is in accordance with the Approved Use.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Approved Use means use of Content in a way that doesn't infringe the Rights of others;

Approved Use means the use of each Healthcare Facility, as set forth on Schedule 1, and such other uses as may be approved in writing from time to time by HUD based upon a request made by a Landlord, Master Tenant or an Operator, but excluding any uses that are discontinued with the written approval of the HUD.

Examples of Approved Use in a sentence

• Borrower shall suitably equip, or cause to be equipped, the Project for the Approved Use.

• Such Collateral shall be known as the “Consumed Property.” Operator shall promptly replace the Consumed Property with other property of reasonably equivalent value as necessary or appropriate to maintain the operation of the Healthcare Facility for the Approved Use in compliance with applicable law and Program Obligations.

• Operator shall cooperate in any legal and lawful manner necessary or required, to permit Lender or its successors and assigns, or its nominee to continue to operate and maintain the Healthcare Facility for the Approved Use in Operator’s name, place and stead.

• Permit the use of the Project, including any portion of the Healthcare Facility, for any other purpose except the Approved Use, or permit commercial use greater than that originally approved by HUD.

• Operator shall not use any portion of the Project for any purpose except the Approved Use.

More Definitions of Approved Use

Approved Use of the Premises means use by the Tenant as a single private residence for occupation by the Tenant personally, and his family, in accordance with this Agreement.

Approved Use means the use of the Project for the operation of the Healthcare Facility as a __________ [insert type of facility – include all types of care] [with __________ licensed [beds/units – insert total beds/units after completion of the 241(a)] [of which not less than __________ licensed [beds/units] are [to be] in use] and such other uses as may be approved in writing from time to time by HUD based upon a request made by Borrower [, Master Tenant] or Operator, but excluding any uses that are discontinued with the written approval of HUD. Operator shall operate the Healthcare Facility in accordance with the Approved Use.

Approved Use means use of an Asset as set out in the Project Specific Conditions.

Approved Use. , for land, means a use of land approved under section 84(4) of the Act.

Approved Use means the use of the Project for the operation of the Healthcare Facility as a __________ [insert type of facility – include all types of care] [with __________ [beds/units – insert total beds/units after the completion of the 241(a)] [of which not less than __________ [beds/units] are [to be] in use] and such other uses as may be approved in writing from time to time by HUD based upon a request made by Borrower [, Master Tenant] or Operator, but excluding any uses that are discontinued with the written approval of HUD.

Approved Use means the use of the Project for the operation of the Healthcare Facility as a __ __ [insert type of facility] [with __ __ [beds/units] [of which not less than __ __ [beds/units] are [to be] in use] and such other uses as may be approved in writing from time to time by HUD based upon a request made by Borrower, Master Tenant, if applicable, or Operator, but excluding any uses that are discontinued with the written approval of HUD.

Approved Use means the use of the Project for the operation of a Healthcare Facility as a ___ ____ [insert type of facility – include all types of care] with __ __ [beds/units – insert total after completion] [of which not less than __ ___ [beds/units] are [to be] in use] and such other uses as may be approved in writing from time to time by HUD based upon a request made by the Borrower, Operator, or Master Tenant, but excluding any uses that are discontinued with the written approval of HUD. Master Tenant shall ensure that use of the Healthcare Facility is in accordance with the Approved Use.