Common use of INTENDED USE OF THE PREMISES Clause in Contracts

INTENDED USE OF THE PREMISES. The statement in this Lease of the nature of the business to be conducted by Tenant in the Premises does not constitute a representation or guaranty by the Landlord as to the present or future suitability of the Premises for the conduct of such business in the Premises, or that it is lawful or permissible under the Certificate of Occupancy issued for the Building, or is otherwise permitted by law. Tenant’s taking possession of the Premises shall be conclusive evidence, as against Tenant, that, at the time such possession was taken, the Premises were satisfactory for Tenant’s intended use, subject to completion of any construction of any construction punch list items. Punch list items are incidental, incomplete construction items which do not materially, adversely affect the conduct of the Tenant’s business at the Premises. Subject to force majeure, Landlord shall remedy any punch list items with continuous diligence as soon as reasonably possible following the delivery of possession. Thereafter, any temporary certificate of occupancy shall be promptly converted to a final certificate of occupancy.