continuous operations clause

continuous operations clause

Similar to a continuous occupancy clause, but with better drafting. The continuous operations clause in the lease of a shopping center anchor tenant requires the tenant to remain open at a contractually defined level of operations sufficient to generate the traffic flow necessary to attract ample customers for the other shopping center tenants.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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