PURPOSE OF LEASING Clause Samples
The "Purpose of Leasing" clause defines the specific use or activities for which the leased property may be utilized by the tenant. Typically, it outlines whether the premises can be used for commercial, residential, retail, or other specified purposes, and may restrict certain activities that are not permitted. By clearly stating the intended use, this clause helps prevent disputes over unauthorized activities and ensures that both landlord and tenant have a mutual understanding of how the property will be used.
PURPOSE OF LEASING. Bên A ký kết thuê NHÀ XƯỞNG cùng MÁY MÓC THIẾT BỊ này với mục đích sản xuất, kinh doanh.
PURPOSE OF LEASING. 1. The fire rating of the property is [Class C II], and Party B confirms that it has made an independent judgment on whether the property is suitable for Party B to conduct business before signing this contract.
2. Party B warrants that the property is only for [Production] purposes, and Party B shall not change the use without the prior written consent of Party A during the lease period.
PURPOSE OF LEASING. Bên A ký kết thuê NHÀ XƯỞNG cùng MÁY MÓC THIẾT BỊ này với mục đích sản xuất, kinh doanh. Party A signs this Agreement to lease the FACTORY, MACHINERY and EQUIPMENT with the production, business.
PURPOSE OF LEASING. Party B undertakes that Property shall be used as the company's design, production, processing, sales, commerce, office and other purposes, and Party B shall abide by the relevant provisions on the use and property management in accordance with the principle of who operates in the Property should also manage it, and conduct business in a civilized way. If Party B needs to increase the use of other projects or change the use of the Property, Party B must obtain written consent of Party A and approvals from other relevant regulatory bodies. Otherwise it could be a breach of the Contract and Party A has the right to terminate this Contract before its expiry.