Common use of Continuous Use Clause in Contracts

Continuous Use. In the event the Premises are not used to conduct the business permitted herein for a commercially reasonable number of hours per day for a period of at least thirty (30) days (other than due to circumstances beyond the control of Tenant), Landlord may notify Tenant of Landlord’s intent to retake the Premises, and after passage of fourteen (14) days may retake possession and shall use its best efforts to relet said Premises for such rent and upon such terms as it may deem fit, holding Tenant responsible for all rent due herein until such time as rents are received under a replacement lease. Upon the re-rental, if a sufficient sum shall not be thus realized monthly after reasonable expenses of reletting to satisfy the rent owing under this Lease by T▇▇▇▇▇, T▇▇▇▇▇ agrees to satisfy and pay such monthly deficiency during each month of the remaining period of this Lease.

Appears in 3 contracts

Sources: Restaurant Lease Agreement (Divall Insured Income Properties 2 Limited Partnership), Restaurant Lease Agreement (Divall Insured Income Properties 2 Limited Partnership), Restaurant Lease Agreement (Divall Insured Income Properties 2 Limited Partnership)