Common use of Possession and Use of the Property Clause in Contracts

Possession and Use of the Property. The Property shall be used as a ---------------------------------- managed residential community with assisted living services in a manner consistent with the standards applicable to properties of a similar nature in the geographic area in which the Property is located and in any event not less than the standards applied by Affiliates of the Lessee for other comparable properties of the Lessee or such Affiliates in such geographic area. The Lessee shall pay, or cause to be paid, all charges and costs required in connection with the use of the Property as contemplated by this Lease. The Lessee shall not intentionally commit or permit any waste of the Property or any part thereof.

Appears in 3 contracts

Sources: Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc), Lease (Brookdale Living Communities Inc)

Possession and Use of the Property. The Property shall be used as a ---------------------------------- managed residential community with assisted living services or congregate care in a manner consistent with the standards applicable to properties of a similar nature in the geographic area in which the Property is located and in any event not less than the standards applied by Affiliates of the Lessee for other comparable properties of the Lessee or such Affiliates in such geographic area. The Lessee shall pay, or cause to be paid, all charges and costs required in connection with the use of the Property as contemplated by this Lease. The Lessee shall not intentionally commit or permit any waste of the Property or any part thereof.

Appears in 1 contract

Sources: Lease (Brookdale Living Communities Inc)