Tenant promises about how the space will be used.

  • Tenant promises about how the space will be used.
  • Use clause, hours of operation, signage rights, parking allocations, after-hours HVAC.

Operating covenants

Legal · Global

Short definition

Tenant promises about how the space will be used.

Full definition

Use clause, hours of operation, signage rights, parking allocations, after-hours HVAC. Negotiate explicit rights, not landlord 'reasonable' approvals.

Why this matters for Class A leasing

Operating covenants is part of the legal vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.