Tenant’s Operation of the Premises Sample Clauses

Tenant’s Operation of the Premises. Upon completion of construction of the Facility, Tenant shall operate the Premises in accordance with all laws governing the Premises and this Lease.
Tenant’s Operation of the Premises. Upon completion of construction of the Initial Improvements, Tenant will operate the Premises in accordance with all Laws governing the Premises and this Lease.
Tenant’s Operation of the Premises. Upon completion of construction of the Facility, subject to repair, maintenance, adverse licensure events pursuant to Section 8.5, and Force Majeure Events, Tenant shall cause the Premises to be operated in accordance with all Laws governing the Premises. Tenant may contest the validity of any such Laws at Tenant’s or Operator’s cost provided that no contest proceedings initiated shall be conducted in such a manner as to cause a lien against the Premises or the risk of loss of the Premises through sale or forfeiture or subject Landlord to any fines, penalties or liability, including criminal liability. Except as otherwise expressly set forth herein, as between Landlord and Tenant, Tenant shall bear all costs, expenses and financial risk arising from the operation and maintenance of the Premises. Tenant shall not do, bring, or keep anything in, on or about the Premises that will cause a cancellation of any insurance policies covering the Premises or the activities thereon, and Tenant shall comply with all requirements imposed by any such insurance companies. Tenant shall maintain financial stability, including without limitation access to liquidity reserves sufficient to continuously operate the Facility and fund annual capital expenditures reasonably necessary to maintain the Facility, provide Landlord with quarterly unaudited financial statements within thirty (30) days of each quarter end, annual unaudited financial statements within one hundred twenty (120) days of each fiscal year end, and capital and operating budgets prior to the start of each fiscal year. All financial statements delivered to Landlord will be prepared in accordance with United States generally accepted accounting principles in effect from time to time and applied on a consistent basis throughout the period involved, subject, in the case of the quarterly financial statements, to normal and recurring year-end adjustments (the effect of which will not be material) and, for all financial statements, the absence of notes that, if presented, would not be material. All financial statements will be based on the books and records of Tenant or Operator (if applicable) and will fairly present the financial condition of such entities as of the respective dates they are prepared and the results of the operations for the periods indicated.

Related to Tenant’s Operation of the Premises

  • Condition of the Premises Tenant has examined the Premises, including the appliances and fixtures (☐ and furnishings), and acknowledges that they are in good condition and repair, normal wear and tear excepted, and accepts them in its current condition, except for:

  • The Premises Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the premises set forth in Section 2.2 of the Summary (the “Premises”). The outline of the Premises is set forth in Exhibit A attached hereto and each floor or floors of the Premises has the number of rentable square feet as set forth in Section 2.2 of the Summary. The parties hereto agree that the lease of the Premises is upon and subject to the terms, covenants and conditions herein set forth, and Tenant covenants as a material part of the consideration for this Lease to keep and perform each and all of such terms, covenants and conditions by it to be kept and performed and that this Lease is made upon the condition of such performance. The parties hereto hereby acknowledge that the purpose of Exhibit A is to show the approximate location of the Premises in the “Building,” as that term is defined in Section 1.1.2, below, only, and such Exhibit is not meant to constitute an agreement, representation or warranty as to the construction of the Premises, the precise area thereof or the specific location of the “Common Areas,” as that term is defined in Section 1.1.3, below, or the elements thereof or of the accessways to the Premises or the “Property,” as that term is defined in Section 1.1.2, below. Except as specifically set forth in this Lease and in the Tenant Work Letter attached hereto as Exhibit B (the “Tenant Work Letter”), Landlord shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Premises. Tenant also acknowledges that neither Landlord nor any agent of Landlord has made any representation or warranty regarding the condition of the Premises, the Building or the Property or with respect to the suitability of any of the foregoing for the conduct of Tenant’s business, except as specifically set forth in this Lease and the Tenant Work Letter.

  • Leased Premises Lessor hereby leases to Lessee, and Lessee leases and takes from Lessor, the Leased Premises subject to the conditions of this Lease.

  • Demised Premises The premises leased shall consist of: (Check one)