Continuous Operation Clause
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
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FAQ
A clause in an oil & gas lease that keeps the lease in force beyond the primary term even when there is no production in paying quantities if the lessee is continuing a program of drilling.
A full planning application can demonstrate to the local planning authority that the occupancy condition is no longer needed. First, it needs to be demonstrated that there is no need for 'tied' property on the holding at the time of the application, nor will there be a need in the future.
Continuous Occupancy, refers to the maintenance of an average occupancy of at least sixty-five percent (65%) for the Commercial Space.
Your occupancy limits clause should specify that the tenant may not move anyone else into the rental unit or add a roommate without your consent, and that doing so will be considered a breach of the agreement; violation of the occupancy limits clause gives you grounds to terminate the tenancy.
Continuous operations clauses are covenants commonly found in commercial leases that compel tenants to operate efficiently and profitably by requiring them to conduct regular business at all times during the lease term.
Continuous Operations Clause A type of Business Hours clause in a retail lease that obligates the tenant to remain open for business throughout the term of its lease. This is not to be confused with a Business Hours clause, which specifies the hours during which a tenant is required to remain open for business.
The Tenant shall carry on business at the Demised Premises on a regular basis and not leave the Demised Premises unoccupied for a period of Fifteen (15) days or longer without the prior written consent of the Landlord.
A continuous operations clause in a lease is a requirement that obligates the tenant to continuously operate its business throughout the term of the lease. This type of provision is commonly found in a commercial lease for retail space within shopping centers.
