Common use of Shared Occupancy Clause in Contracts

Shared Occupancy. 7.1 Where the Minister in his absolute discretion forms the opinion that the Demised Premises are not being utilised to their full capacity, he may give three months notice in writing to the Patron of his intention to make such arrangements as he thinks fit for the use and occupancy by additional parties of part or all of the 7.2 Notwithstanding any discussions that may take place between the Minister and the Patron during the three months specified within the aforesaid notice served by the Minister the Minister shall be entitled on its expiry to make such arrangements as he thinks fit for the use and occupancy by the additional parties of all or of part of the Demised Premises for the purposes specified in the notice or which are from time to time thereafter specified by the Minister unless the Dispute Resolution Procedure under Clause 7.6 is invoked. 7.3 The Patron hereby covenants with the Minister that if and when it may be so required to do by the Minister the Patron will grant a Licence in the terms of the draft set forth in the schedule hereto to such persons for the purposes of education including purposes ancillary thereto as the Minister shall specify and likewise the Patron with the prior written consent in writing of the Minister may grant a Licence for the said purposes to such person or persons as the Patron may determine. 7.4 In the event of a Licence being granted pursuant to this Clause but it being subsequently decided by the Minister that the Licencee or the Patron or both of them do not require the entire of the property available to it or them comprised in such Licence or in the Lease the Patron and if appropriate the Licensee shall when so required by the Minister surrender to the Minister such parts or portions of the Demised Premises and/ or Licensed Premises as may not be required for the purpose of this Lease and such Licence ( if any ) and further the Minister shall be entitled to grant a further Lease or Licence for purposes specified in this Clause, the Licence being in the terms of the draft set forth in the schedule hereto to such person or persons as the Minister shall nominate and only for such purposes. 7.5 Any Licence granted pursuant to the provisions of this Clause shall be in the form set forth in the schedule hereto or such other form as may be specified by the Minister.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement