Permitted Use of Leased Premises. Tenant shall be entitled to use the Leased Premises solely for the "Permitted Use" set forth in Article 1 and for no other purpose whatsoever. Notwithstanding the foregoing, Tenant shall have the right to change the Permitted Use to include any use permitted by Law which is reasonably approved by Landlord or light manufacturing which does not interfere with Landlord's use of the remainder of the Building, provided that in the event of any such change in the Permitted Use, in addition to the Expense Rent due under this Lease, Tenant shall also pay fifty percent (50%) of fair market base rent for the Leased Premises (the determination of which shall take into account Tenant's obligation to pay Expense Rent hereunder).
Appears in 2 contracts
Sources: Lease Agreement (Jazz Semiconductor Inc), Lease Agreement (Jazz Semiconductor Inc)