Use clause

A lease provision defining how a tenant is permitted to use leased premises.

A use clause defines how a tenant is permitted to use leased premises. It may allow a broad category of activities or restrict the premises to a very specific business operation.

Why it matters

Use restrictions can affect:

New business activities.
Remodels.
Assignments and subleases.
Exclusivity provisions.
Regulatory approvals.
Portfolio strategy.

Upstream cap

All terms

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