The Continuous Occupancy Clause is a lease provision mandating that tenants, especially anchor ones, must keep their retail spaces open and operational to maintain the shopping center's viability.
A recapture clause is a provision in a contract that allows the party granting an interest (such as a lease) to take it back under specific conditions. Common in commercial leases, this clause provides a landlord the option to retake leased premises if the tenant's performance—usually measured by sales or revenue—falls below a defined threshold.
