Tenants Covenant to Operate Sample Clauses

Tenants Covenant to Operate. Tenant agrees to complete Tenant's work and open the Premises for business to the public adequately fixtured, stocked and staffed on the Rent Commencement Date, and, thereafter throughout the Term of this Lease, to continuously operate in one hundred percent (100%) of the sales space within the Premises the business described in Article I, Section 1.0(s), Mondays through Saturdays from 10:00 A.M. to 9:00 P.M. and on Sundays from 12:00 Noon until 6:00 P.M., or such other operating days and hours as may be reasonably determined by Landlord for the operation of the Shopping Center. Tenant agrees it will not open earlier or close later than such hours without Landlord's prior written consent. Landlord's consent may be conditioned on Tenant's payment of additional costs incurred by Landlord as a result of Tenant's extended hours of operation. Notwithstanding anything to the contrary contained in this Lease, in no event shall Tenant be required to be open for business in the Premises, at any time unless at such time at least two (2) "Major Department Stores" (as hereinafter defined) and tenants occupying at least seventy percent (70%) of the Shopping Center GLA (excluding the GLA of the Major Department Stores) shall also be open for business to the public. "
Sample 1
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Tenants Covenant to Operate. Subject to Article XXII, Tenaxx xxxees to complete Tenaxx'x xork and open the Premises for business to the public fully fixtured, stocked and staffed on the RCD, and, thereafter throughout the Term of this Lease, to continuously operate in one hundred percent (100%) of the useable space within the Premises the business prescribed in Article I, Section 1.0(t), Mondays through Sundays during such hours as may be reasonably determined by Landlord for the operation of the Shopping Center; provided, however, that notwithstanding the foregoing, Tenant shall not be required to initially open the Premises for business until the Occupied Center GLA is at least seventy percent (70%) of the aggregate Shopping Center GLA (excluding second level space). Tenaxx xxxees it will not open earlier or close later than such hours without Landxxxx'x xrior consent. Notwithstanding anything to the contrary herein contained, Tenant shall have the right to close the Premises one (1) day each Lease Year (which day shall be mutually acceptable to Landlord and Tenant) for purposes of conducting a physical inventory in the Premises and up to two (2) days each Lease Year in the event, through no fault of Tenant, that Tenant's insurance coverage would not otherwise be met.
Sample 1
Tenants Covenant to Operate. Tenant agrees to complete Tenant's work and open the Premises for business to the public fully fixtured, stocked and staffed on the RCD, and, thereafter throughout the Term, to continuously operate in one hundred percent (100%) of the space within the Premises the business prescribed in Article I, Section 1.0(t), Mondays through Saturdays from 11:30 A.M. to 9:00 P.M. and on Sundays from 12:00 Noon until 6:00 P.M., or such other operating days and hours as may be reasonably determined by Landlord for the operation of the Shopping Center. Tenant agrees it will not open earlier or close later than such hours without Landlord's prior written consent. Tenant acknowledges and agrees that it is difficult to assess damages resulting from its failure to comply with the terms and conditions contained in this Section 8.2. Consequently, Tenant agrees to pay Landlord $100 on demand as and for liquidated damages and additional rent under this Lease for each such failure, and if there occurs three (3) such failures during any consecutive twelve (12) month period during the Term, an Event of Default shall then be deemed to have occurred hereunder. Notwithstanding anything to the contrary contained in this Section 8.2, Tenant may be open for additional hours in excess of those provided above provided that Tenant coordinates such requests for additional hours with Landlord's Mall Manager and receives the Mall Manager's written approval therefore, which approval shall not be unreasonably withheld, delayed or conditioned. In addition, Tenant may close for business on Christmas, Thanksgiving and Easter. Landlord shall not unreasonably withhold, delay or condition any reasonable requests by Tenant to be closed for business for the purpose of repairing and/or remodeling the Premises, provided, however, that Landlord must agree in writing to the exact number of days when Tenant may be closed for business.
Sample 1
Tenants Covenant to Operate. (a) HOURS AND MANNER OF OPERATION. TENANT agrees to complete TENANT'S work and open the PREMISES for business to the public fully fixtured, stocked and staffed on the Rent Commencement Date, and thereafter throughout the term of this lease, to continuously operate in one hundred percent (100%) of the space within the PREMISES the business prescribed in Article 1, Section 1(m) on all business days during the hours of 10:00 a.m. until 9:30 p.m., Monday through Saturday and 12:00 noon until 5:30 p.m. on Sundays or such other hours as LANDLORD shall establish, from time to time, as the standard Shopping Center business hours. TENANT agrees it will not open earlier or close later than the hours established by LANDLORD as the standard Shopping Center business hours except that TENANT may open at 9:00 a.m. for the convenience of pedestrians in the Enclosed Mall provided that LANDLORD has opened the Enclosed Mall to pedestrian traffic at such earlier hour and TENANT agrees to observe such hours as LANDLORD may prescribe during special events, seasonal shopping periods, or such other times that LANDLORD determines that the standard hours should be modified. In operating its business, TENANT agrees to carry sufficient merchandise in the PREMISES at all times, but to warehouse, store and/or stock only such quantities of merchandise as are reasonably required to facilitate sales from the PREMISES. TENANT agrees to fully and adequately staff the PREMISES with sufficient sales personnel and to use for office, clerical or other non-selling purposes only such space in the PREMISES as is reasonably required for TENANT'S business therein (not including any other business of TENANT in locations other than the PREMISES). TENANT recognizes that the covenants of TENANT in this Article 8, Section 2 are a material consideration to LANDLORD in order that TENANT might produce the maximum Gross Sales possible from the PREMISES during the lease term.
Sample 1
Tenants Covenant to Operate. Tenant agrees to complete Tenant's work and open the Premises for business to the public adequately fixtured, stocked and staffed on the Rent Commencement Date, and, thereafter throughout the Term of this Lease, to continuously operate in one hundred percent (100%) of the space within the Premises the business prescribed in Section 1.0(t), Mondays through Sundays during such hours as may be reasonably determined by Landlord for the operation of the Shopping Center. Tenant agrees it will not open earlier or close later than such hours without Landlord's prior consent. Notwithstanding anything to the contrary contained herein, Tenant shall be permitted to close the Premises for up to two (2) days per Lease Year for the purpose of taking inventory, provided such days are approved in advance and in writing by Landlord, which approval Landlord shall not unreasonably withhold. In no event shall Tenant be permitted to close the Premises on any day that banks in Nevada are required or permitted, under the state or federal law, to be closed for business ("Holiday"), or within three (3) days of any Holiday.
Sample 1
Tenants Covenant to Operate. (A) Tenant will, except when prevented from so doing by Force Majeure or by other causes beyond its reasonable control (including the unavailability of film), during Tenant's Operating Period, continuously operate or cause to be operated a first class (but not necessarily first run) multiplex cinema ("Theater") in Tenant's Facility and utilizing at least 50% of the auditoriums located therein for the showing of first run film product (subject to the general availability of first run films in the marketplace) (such covenant being herein called "TENANT'S OPERATION COVENANT"). In accordance with the foregoing, Tenant agrees that at all times during the continuance of Tenant's Operating Covenant, Tenant shall operate and maintain the Theatre with due diligence and efficiency and in conformance with Tenant's operation of its similar first run theaters in the Denver metropolitan area, including observing substantially the same hours and days of operation.
Sample 1
Tenants Covenant to Operate. (A) Tenant will, except when prevented from so doing by Force Majeure or by other causes beyond its reasonable control (including the unavailability of film), during Tenant's Operating Period, continuously operate or cause to be operated a first class (but not necessarily first run) multi-plex cinema ("Theater") in Tenant's Facility and utilizing at least 50% of the auditoriums located therein for the showing of first run film product (subject to the general availability of first run films in the marketplace) (such covenant being herein called "TENANT'S OPERATING COVENANT"). In accordance with the foregoing, Tenant agrees that at all times during the continuance of Tenant's Operating Covenant, Tenant shall operate and maintain the Theatre with due diligence and efficiency and in conformance with Tenant's operation of its similar first-run Theaters in the Denver metropolitan area, including observing substantially the same hours and days of operation. (B) Nothing contained in this Lease or in rules or regulations (if any) promulgated by Landlord shall be deemed in any way to (i) regulate the manner of operation by Tenant of its business in Tenant's Facility (other than as required by Paragraph(Al), or (ii) require Tenant to operate all its theatre auditoriums (but Tenant shall, subject to Force Majeure, operate at least 12 auditoriums during the continuance of Tenant's Operating Covenant), or (iii) give Landlord any right, express or implied, of censorship over any attractions exhibited in Tenant's Facility or over the content of Tenant's advertising. (C) If Tenant shall breach the covenant to continuously operate set forth in SECTION 1.6 of the MVC/AMC Deed, Tenant shall be responsible for and shall timely pay the Two Hundred Fifty Thousand Dollar ($250,000.00) liquidated damage
Sample 1
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Tenants Covenant to Operate 
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Related to Tenants Covenant to Operate

  • TENANT'S COVENANTS The Tenant covenants with the Landlord:

  • Landlord’s Covenant Upon payment by the Tenant of the rents and other charges herein provided, and upon the observance and performance of all the covenants, terms and conditions on Tenant’s part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the Premises for the term hereby demised without hindrance or interruption by Landlord or any other person or persons lawfully or equitably claiming by, through or under the Landlord, subject, nevertheless, to the terms and conditions of this Lease.

  • LESSEE'S COVENANTS The Lessee hereby covenants with the Lessor as follows:

  • LANDLORD'S COVENANTS The Landlord covenants with the Tenant:

  • LANDLORD'S RIGHT TO PERFORM TENANT'S COVENANTS Tenant covenants and agrees that, if it shall at any time fail to make any payment or perform any other act on its part to be made or performed as in this Lease provided, then Landlord, in its sole discretion may after due notice to, or demand upon, Tenant and subject to the limitations set forth below, make any payment or perform any other act on the part of Tenant to be made and performed as in this Lease provided, in such manner and to such extent as Landlord may reasonably deem desirable, and in exercising any such rights, Landlord may pay necessary and incidental costs and expenses, employ counsel, and incur and pay reasonable attorneys’ fees. The making of any such payment or the performing of any other act by Landlord pursuant to this Article shall not waive, or release Tenant from, any obligations of Tenant in this Lease contained. All sums so paid by Landlord and all reasonably necessary and incidental costs and expenses in connection with the performance of any such act by Landlord shall, except as otherwise in this Lease expressly provided, be payable to Landlord on demand, and Tenant covenants to pay any such sum or sums promptly, and Landlord shall have (in addition to any other right or remedy of Landlord) the same rights and remedies in the event of the non-payment thereof by Tenant as in the case of default by Tenant in the payment of the Base Rent. Whenever practicable, Landlord, before proceeding as provided in this Section 12.4, shall give Tenant notice in writing of the failure of Tenant which Landlord proposes to remedy, and shall allow Tenant such length of time as may be reasonable in the circumstances, consistent with any grace periods contained herein, but not exceeding 30 days from the giving of notice, to remedy the failure itself and, if Tenant shall not remedy the failure in the time so allowed, Landlord shall be deemed to have given “due notice” and may proceed as provided in this Section 12.4; provided that nothing in this Section shall prevent Landlord from acting without notice to Tenant in case of any emergency wherein there is danger to property or person or where there may exist any violation of legal requirements including but not limited to the presence of Hazardous Materials, in which event no notice shall be required.

  • TENANT COVENANTS The Tenant covenants during the Term and for such further time as the Tenant occupies any part of the Premises:

  • Lessor's Covenants The Lessor covenants and agrees that, unless the Agent and the Lenders shall have otherwise consented in writing:

  • Landlord’s General Conditions for Tenant’s Agents and Tenant Improvement Work Tenant’s and Tenant’s Agent’s construction of the Tenant Improvements shall comply with the following: (i) the Tenant Improvements shall be constructed in strict accordance with the Approved Working Drawings; (ii) Tenant’s Agents shall submit schedules of all work relating to the Tenant’s Improvements to Contractor and Contractor shall, within five (5) business days of receipt thereof, inform Tenant’s Agents of any changes which are necessary thereto, and Tenant’s Agents shall adhere to such corrected schedule; and (iii) Tenant shall abide by all rules made by Landlord’s Building manager with respect to the use of freight, loading dock and service elevators, storage of materials, coordination of work with the contractors of other tenants, and any other matter in connection with this Tenant Work Letter, including, without limitation, the construction of the Tenant Improvements.

  • Tenant’s Contractors If Tenant should desire to enter the Premises or authorize its agent to do so prior to the Commencement Date of the Lease, to perform approved work not requested of the Landlord, Landlord shall permit such entry if:

  • Landlord Covenants Landlord covenants and agrees to the following during the Term

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