Use of Demised Premises. Section 4.1. Lessee shall use the Demised Premises or cause the Demised Premises to be used for constructing, operating and maintaining an energy storage facility as set forth in Sections 3.1.6 (Installation, Operation and Maintenance) and 3.27.1 (Role of Seller) of the BOOT Contract (the "Project", as defined in the BOOT Contract). Any improvements currently located or being constructed on, and repairs, alterations or modifications to the Demised Premises, including the Project, shall be referred to herein as the "Improvements". Lessee may not use the Demised Premises or permit the Demised Premises to be used for any other purposes. Section 4.2. Lessee shall at all times conduct its activities on the Demised Premises in full compliance with: (a) Lessee's obligations as "Seller" under the BOOT Contract and (b) all Legal Requirements relating to or affecting the Demised Premises. The Project to be sited on the Demised Premises by Lessee shall for the Term be owned by Lessee as set forth in Sections 3.18 (Seller as Owner of the Project) and 3.27.1(i) (Role of Seller) of the BOOT Contract and operated and maintained by Lessee in compliance with the provisions set forth in Sections 3.1.6 (Installation, Operation and Maintenance) and 3.27.1 (Role of Seller) of the BOOT Contract.
Appears in 4 contracts
Sources: Build Own Operate Transfer Agreement, Build Own Operate Transfer Agreement, Build Own Operate Transfer Agreement