exclusive use

Introduction to Exclusive Use Clauses Exclusive use clauses are provisions commonly found in commercial leases, especially within shopping centers, that grant a tenant the right to operate their business without competition from similar businesses within the same property. These clauses serve a vital purpose by ensuring that tenants can enjoy a degree of market exclusivity, … Read more

Introduction to Exclusive Use Clauses Exclusive use clauses are vital components in commercial leases, particularly in the context of shopping centers. These clauses are designed to provide a competitive edge for tenants by prohibiting the landlord from leasing space to other businesses that offer similar products or services. By establishing exclusivity, these clauses play a … Read more