Exchange Currency

continuous operation clause

Provision in a shopping center lease that requires a store to maintain minimum inventory levels, or more commonly, to remain open during certain hours.

Related information about continuous operation clause:
  1. Continuous-Operations Clause Law & Legal Definition
    However, a "continuous operation" clause extends the lease for so long as the lessee-operator exercises due diligence in equipping the well and getting it into ...
     
  2. What is continuous operation clause? definition and meaning
    Definition of continuous operation clause: Provision in a shopping center lease that requires a store to maintain minimum inventory levels, or more commonly, ...
     
  3. Going Dark Aggressively - Nov/Dec 1996 - American Bar Association
    The old lease was for a fixed rent and had no continuous operation clause but did restrict the use to a grocery store operation. The court interpreted the use ...
     
  4. What is a Tenant's Duty to Occupy Its Leased Premises?
    Mar 25, 2008 ... In fact, many retail Tenants refuse to agree to “continuous” operation clause, thus reserving the right to leave their space vacant. In such cases ...
     
  5. continuous operation clauses and going dark i ... - HeinOnline
    A continuous operation clause is "an express covenant requiring the tenant to operate its business in the leased premises continuously throughout the term of ...
     
  6. DD 3/6 Continuous Operation Clauses in Bankruptcy
    There may be one here, but the court's language that breach of the continuous operation clause is not a breach of the lease may suggest even that there is no ...
     
  7. DD 5/3 Two New Continous Operation Cases: One Up; One Down
    There was no continuous operation clause; but the Tenant was limited in its use so ... on the existence of a continuous operation clause in a percentage lease.
     
  8. Arizona Commercial Leasing Blog
    Jul 22, 2011 ... With a continuous operation clause, a tenant must not only pay rent, but also must be open for business. Landlords require continuous ...