Common use of Misuse of Property Clause in Contracts

Misuse of Property. In the event that Entity shall use or attempt to use the Facility for any purpose other than that specified in Section 1.2(a), or in the event that Entity shall in any other respect fail to observe and fulfill its agreements herein contained, or if any use or proposed use of the said Facility shall, in the reasonable judgment of University, be in any way contrary to law or adverse to the academic objectives or the polices of University, or otherwise improper or detrimental to the reputation of University, then University without notice to Entity shall have the right, at its option, to cancel this Agreement and take immediate possession of the Facility and all rights of Entity shall thereupon terminate.

Appears in 2 contracts

Sources: Facility Rental Agreement, External Facility Rental Agreement