Permitted Uses definition

Permitted Uses means a use, listed in a permitted use table, that shall be approved with or without conditions provided the requirements and regulations of Zoning By-law No. 4404, as amended, are satisfied;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Permitted Uses shall have the meaning set forth in Section 7.1.2.

Permitted Uses. See Exhibit A.

Examples of Permitted Uses in a sentence

Borrower will continue to engage in the businesses presently conducted by it or the Permitted Uses as and to the extent the same are necessary for the ownership, maintenance, management, leasing and operation of the Property, and it being understood and agreed that a temporary closure or minimization of operations at the Property as a result of a Force Majeure event shall not be deemed a breach of this covenant.
Borrower shall not enter into any line of business other than as set forth in clause (i) of the definition of “Special Purpose Entity” (and any ancillary business related to such activities), or make any material change in the scope or nature of its business objectives, purposes or operations if such change would cause the use of the Property to no longer be a Permitted Use, or undertake or participate in activities other than the continuance of its present business or the Permitted Uses.
Borrower shall keep and maintain all Licenses necessary for the operation of the Property for the Permitted Uses, to the extent the failure to not have such Licenses would have a Material Adverse Effect.

More Definitions of Permitted Uses

Permitted Uses. Tenant’s use of the Premises shall be limited to general office use and storage incidental thereto. Tenant’s rights to use the Premises shall be subject to all applicable laws and governmental rules and regulations and to all reasonable requirements of the insurers of the Building.

Permitted Uses means making, using, selling, offering for sale, importing or distributing any implementation of the Specification 1) only to the extent it implements the Specification and 2) so long as all required portions of the Specification are implemented. Permitted Uses do not extend to any portion of an implementation that is not included in the Specification.

Permitted Uses. As defined in Section 1.1.

Permitted Uses includes: (i) using the Software only in the furtherance of the internal operations of the User and not for the use or benefit of third parties; and (ii) using the Software for cardiovascular image analysis only at Designated Site.

Permitted Uses has the meaning described in Section 2.

Permitted Uses means the use of the proceeds of the Loans hereunder to fund any of the following: (i) to acquire Portfolio Investments as permitted under the Governing Documents and/or Permitted Investments, pending their use to fund the acquisition of Portfolio Investments and purposes described in clauses (ii) and (iii) below; (ii) Borrower Expenses (including to pay fees payable to the Investment Manager or any Credit Party’s affiliates pursuant to the Governing Documents and/or Investment Management Agreement); and (iii) other general purposes of the Credit Parties (including to pay Distributions) to the extent permitted under the Governing Documents.

Permitted Uses means, the use of the proceeds of the Loans solely: (a) in the case of the Loans (other than Additional Loans), to finance (i) the Refinancing, (ii) fees and expenses related to the transactions contemplated by the Loan Documents and (iii) general corporate purposes and (b) in the case of Additional Loans, for the purposes described in Section 2.15(a)(iii).