Purpose of Rent Clause Samples

Purpose of Rent. To provide a season of ice time to the Cheyenne Capitals Youth Hockey Association for games, practices, and tournaments. The Events Center gives the Cheyenne Capitals official written approval to conduct the following fundraising activities during the Cheyenne Capitals use of the facility. City is not responsible for accidents or incidents associated with any of the following items. City will not collect or hold funds for any fundraising events sponsored by the Cheyenne Capitals. Renter will notify the City in writing two weeks (14 days) prior if any of the following activities are to take place. City reserves the right to approve location and times for the following activities: 1. Sale of Cheyenne Capitals brand merchandise 2. Sale of pro shop equipment not sold by the City in the Events Center – (A complete list of which can be made available upon request) 3. Raffle tickets for annual fundraiser

Purpose of Rent. The parties agree that the rent to be paid pursuant to this lease is an amount that compensates the Land Council for the fact that the Land Council does not have the full use and enjoyment of the lands. This clause means that the rent is compensation to the Land Council for the fact that the Cobar Local Aboriginal Land Council does not have complete control over the use of the Mt ▇▇▇▇▇▇▇▇ lands.

Purpose of Rent. 6.1 The Tenant warrants and undertakes that it rents the Leasehold solely for the purpose of offices and research and development labs of the Tenant in the field of biotechnology, and not for any other purpose (the above purpose shall be referred to hereunder as: “the Purpose of Rent”). The breach of the provision of this Section 6.1 above constitutes a material breach of the agreement. 6.2 The Tenant undertakes to operate its business in the Leasehold within the realm of the Purpose of Rent only, without any deviation and digression of any kind and form from the Purpose of Rent. Any change to or expansion of the Purpose of Rent are subject to receiving the advance, written consent of the Renter that shall be entitled not to agree to the performance of any such change or expansion for any reason, at the Renter’s reasonable discretion. The breach of the provision of this Section 6.2 above constitutes a material breach of the agreement. [***] = Information that has been omitted and submitted separately to the Securities and Exchange Commission and for which confidential treatment has been requested. 6.3 Without derogating from the generality of the foregoing, the Tenant confirms that it knows that operating the Leasehold while derogating or digressing from the Purpose of Rent, apart from being a material breach of this agreement as aforesaid, may result in a breach of other rental and/or authorization agreements between the Renter and other tenants in the Commercial Center and/or in Building F and/ in the Building as well as causing other damages to the Renter, including damages to its reputation and good name, and therefore the Renter may, in any case where the Business is operated in the Leasehold with a derogation or digression from the Purpose of Rent, receive, inter alia, an injunction against such operation. The Tenant shall evacuate the Renter immediately upon receipt of a first written request to do so accompanied by references, for any damage and/or expense and/or loss caused to the Renter as a result from any claim on the part of any tenant and/or authorized person and/or other any such damage (hereinafter in this section: “Other”) resulting from any change to or deviation from the Purpose of Rent by the Tenant, everything without derogating from any relief and/or remedy and/or right afforded to the Renter pursuant to the agreement and/or any law. 6.4 The Tenant warrants and undertakes that it has the knowledge, experience and ability to operate it...

Purpose of Rent. 9.1 The Tenant hereby declares and undertakes that the Leasehold shall only use for the Purpose of Rent and not for any other purpose, without the Renter's prior written approval. The Tenant undertakes not to make and not to allow others to make other uses in the Leasehold, which are not indicated in this agreement. 9.2 Without derogating from the aforesaid, the Tenant shall not: 9.2.1 Carry out in the Leasehold any work which causes unreasonable noise or smoke. 9.2.2 Use the Leasehold for uses which are forbidden by any law. 9.3 If using the Leasehold according to the Purpose of Rent requires a legal permit, the Tenant undertakes to obtain such permit at its own expense. The Tenant shall bear any liability due to the management of an unlicensed business in the Leasehold in case such license in required.

Purpose of Rent. 3.1 The tenant shall use the rented property as a production and warehouse building and as office building with canteen. The lessor guarantees that the rented property is suitable for the intended purposes and shall at its own expense obtain any public law authorisations required. 3.2 Any modification of the purpose of use shall require the lessor's prior written consent, which will only be refused for good cause.