Common use of Use and Management of Demised Premises Clause in Contracts

Use and Management of Demised Premises. (1) The Tenant shall use, manage and operate the Demised Premises solely, continuously and actively for the sole purpose of providing Affordable Housing, together with all ancillary uses related thereto, or benefitting or contributing to the principal use, in each case, in accordance with the requirements of the Contribution Agreement and this Lease. The Tenant shall not use or permit the use of the Demised Premises or any part thereof for any other business or purpose except as may be permitted under the Contribution Agreement and this Lease or as otherwise consented to by the Landlord, in its sole discretion. (2) The Tenant shall be permitted to lease, sublease or licence units in the Building and permit occupancy of the Building only in accordance with the terms of this Lease and the Contribution Agreement. (3) The Tenant shall protect all public works services and/or utilities and all easements and rights-of-way in favour of the Landlord on, above, under or affecting the Demised Premises. (4) Notwithstanding the foregoing, the Tenant shall not be in default of its obligations under this Section 5.1 to the extent that it has ceased to operate in connection with any circumstance or delay contemplated by Section 15.12 hereof or any event of Force Majeure (as such term is defined in the Contribution Agreement); in connection with any repair or restoration work after damage or destruction; or any alteration, remodelling, renovation or expropriation.

Use and Management of Demised Premises. (1) The Tenant shall use, manage and operate the Demised Premises solely, continuously and actively for the sole purpose of providing Affordable Housingaffordable rental housing, together with all ancillary uses related thereto, or benefitting or contributing to the principal use, in each case, in accordance with the requirements of the Contribution Agreement and this Lease. The Tenant shall not use or permit the use of the Demised Premises or any part thereof for any other business or purpose except as may be permitted under the Contribution Agreement and this Lease or as otherwise consented to by the Landlord, in its sole discretion. (2) The Tenant shall be permitted to lease, sublease or licence units in the Building and permit occupancy of the Building only in accordance with the terms of this Lease and the Contribution Agreement. (3) The Tenant shall protect all public works services and/or utilities and all easements and rightsright-of-way in favour of the Landlord on, on above, under or affecting the Demised Premises. (4) Notwithstanding the foregoing, the Tenant shall not be in default of its obligations under this Section 5.1 8.1 to the extent that it has ceased to operate in connection with any circumstance or delay contemplated by Section 15.12 hereof or any event of Force Majeure (as such term is defined in the Contribution Agreement); in connection with any repair or restoration work after damage or destruction; or any alteration, remodelling, renovation or expropriationexpropriation or pursuant to any permitted Transfer of this Lease.