Additions to the Property. Landlord may at any time or from time to time construct additional improvements in all or any part of the Property (hereinafter defined), including, without limitation, adding additional buildings or changing the location or arrangement of any improvement in or on the Property or all or any part of the common areas thereof, or add or deduct any land to or from the Property; provided that there shall be no material increase in Tenant’s obligations or material interference with Tenant’s rights under this Lease in connection with the exercise of the foregoing reserved rights.
Additions to the Property. Landlord may at any time or from time to time construct additional buildings and related site improvements (collectively, the “Future Development”) in the portion of the Property comprised of the Common Parking areas shown on Exhibit 1B and the undeveloped land to the west-north-west of the Building, provided that Future Development shall not require use of the Premises or any portion of the Building connected to or serving the Premises. In addition, but subject to Section 1.3 above, Landlord may change the location or arrangement of any improvement outside the Building in or on the Property or all or any part of the Common Areas, or add or deduct any land to or from the Property. There shall be no increase in Tenant’s obligations or interference with Xxxxxx’s rights under this Lease in connection with the exercise of the foregoing reserved rights (other than de minimis impacts not inconsistent with occupied first class office and laboratory buildings). In connection with any Future Development, in no event shall Tenant be denied reasonable access to the parking required under Section 1.3(b), as such parking may be relocated pursuant thereto. Landlord agrees, in connection with any such development or redevelopment, to utilize all commercially reasonable efforts to mitigate the impacts of earthwork and other construction activities on Tenant’s business operations consistent with standards for occupied first-class suburban office, laboratory and research and development projects. Landlord shall prepare and deliver a reasonable construction mitigation plan after consulting with Tenant, which plan shall incorporate such measures as are reasonably required to maintain and operate Tenant’s business in the Premises in a manner consistent with first class office and laboratory use. Tenant shall have the right to approve such mitigation plan, such approval not to be unreasonably withheld, conditioned or delayed (and any objections to such plan must be specifically described in writing so that Landlord may respond to them). Landlord will cause all blasting, pile driving or other work resulting in vibrations within the Premises in excess of customary levels of activity in an occupied first class office and laboratory building to take place during normal business hours unless required by Legal Requirements (including without limitation the Town of Lexington), Landlord hereby agreeing not to request that the Town or any other governmental authority require that such b...
Additions to the Property. The Local Agency shall have the right during the term of this Local Agency Financing Lease, at its cost and expense, to make additions, betterments and improvements to the Property, and to attach fixtures, structures and signs thereto; provided, that such additions, betterments and improvements and fixtures, structures and signs (i) shall be constructed and installed in accordance with applicable laws and regulations, and not in violation of any easements, restrictions, conditions or covenants affecting title to the Property; and
Additions to the Property. (a) Landlord may at any time or from time to time (i) construct additional improvements and related site improvements (collectively, “Future Development”) in all or any part of the Property and/or (ii) change the location or arrangement of any improvement outside the Building in or on the Property or all or any part of the Common Areas, or add or deduct any land to or from the Property; provided that there shall be no increase in Tenant’s obligations other than in a de minimis manner or interference with Tenant’s rights under this Lease other than in a de minimis manner in connection with the exercise of the foregoing reserved rights.
(b) Landlord and Tenant each hereby acknowledges and agrees that, in connection with any Future Development, (i) Landlord shall have the right to subject the Land and the improvements located now or in the future located thereon to a commercial condominium regime (“Condominium”) on terms and conditions consistent with first class office and laboratory buildings; (ii) upon Landlord’s request in connection with the recording of the Master Deed for the Condominium and the Unit Deed for the Building, Tenant shall execute a reasonable instrument in recordable form making this Lease subject and subordinate to the Master Deed and other documents evidencing the Condominium (collectively, the “Condo Documents”) provided that such Condo Documents continue to provide Tenant with all of the rights and obligations contained in this Lease (e.g. the appurtenant right to use all Common Areas) and the Condo Documents comply with the provisions of this Section 2.2; (iii) Landlord shall have the right to enter into, and subject the Property to the terms and conditions of, a reciprocal easement agreement with any one or more of the neighboring property owners in order to create a commercial campus-like setting (“REA”) provided that such REA continues to provide Tenant with all of the rights and obligations contained in this Lease as of the Execution Date (e.g. the appurtenant right to use all Common Areas) and the REA complies with the provisions of this Section 2.2; (iv) Landlord shall submit to Tenant for Tenant’s approval drafts of the Condo Documents and the REA (and any amendments thereto) prior to their execution; (v) Tenant shall have the right to notify Landlord within twenty (20) days after receipt of the draft Condo Documents and/or REA (or any amendments thereto) of Tenant’s objection(s) thereto, but only to the extent such draft(s) (...
Additions to the Property. 22.1 An area of mutual interest outside and inside of the current boundaries of the Property as it will be constituted after completion of the Fill in Staking will apply and is defined as the area extending 5 kilometers beyond the northernmost, southernmost, easternmost and westernmost limits of the current boundaries of the Property and all of the area surrounded by the inside boundaries of the property.
22.2 If during the term of this agreement any party hereto, or an affiliate thereof, as defined in the Securities Act (British Columbia) acquires an interest in any mineral claim, permits, authorities to prospect, claim blocks, development licenses, mining leases, net smelter return royalties or other mineral tenures of whatsoever nature, kind or interest falling in whole or in part within the Area of Interest (the “Acquisition”), then within 30 days of making the Acquisition, the acquiring party shall deliver a written notice to the non-acquiring party which sufficiently describes the Acquisition, including the cost thereof within the 30 days of receiving such notice, the non-acquiring party shall notify the acquiring party in writing as to whether or not it intends that the Acquisition should become part of the Property. If the non-acquiring party fails to so notify the acquiring, party within 30 days receipt of the notice of the Acquisition, then the Acquisition shall be for the sole interest of the acquiring party and not subject to the terms of this agreement;
22.3 If the acquiring party is the Optionor and the Optionee has notified the Optionor of its intention that the Acquisition should become part of the Property, the Optionee shall pay to the Optionor within 30 days, the cost of the acquisition. Upon payment of the cost of the Acquisition by the Optionee, the Optionor and the Optionee shall each become the beneficial owner of an interest in the Acquisition (in the proportions set forth in this Agreement) and the Acquisition will become part of the Property and subject to the terms of this agreement, save and except for the provisions of this Article 22;
22.4 If the acquiring party is the Optionee and the Optionor has notified the Optionee of the intention that the Acquisition should become part of the Property, the Optionor and the Optionee shall each become the beneficial owner of an interest in the Acquisition (in the proportions set forth in this Agreement) and the Acquisition shall become part of the Property and subject to the terms of this...
Additions to the Property. (a) Landlord may, at any time after the Initial Term and from time to time thereafter, (i) construct additional improvements and related site improvements (collectively, “Future Development”) in all or any part of the Property including additional floors to the Building, (ii) change the location or arrangement of (A) any improvement outside the Building in or on the Property and/or (B) all or any part of the Common Areas and/or Parking Area, and/or (iii) add or deduct any land to or from the Property; provided that there shall be no material increase in Tenant’s obligations under this Lease in connection with the exercise of the foregoing reserved rights.
(b) Landlord and Tenant each hereby acknowledges and agrees that, in connection with any Future Development, (i) Landlord shall have the right to subject the Land and the improvements located now or in the future located thereon to a commercial condominium regime (“Condominium”) on terms and conditions consistent with first-class office and laboratory buildings; (ii) upon Landlord’s request in connection with the recording of the Master Deed for the Condominium and the Unit Deed for the Building, Tenant shall execute a reasonable instrument in recordable form making this Lease subject and subordinate to the Master Deed and other documents evidencing the Condominium (collectively, the “Condo Documents”) provided that such Condo Documents continue to provide Tenant with all of the rights and obligations contained in this Lease (e.g. the appurtenant right to use all Common Areas) and the Condo Documents comply with the provisions of this Section 2.2; (iii) Landlord shall have the right to enter into, and subject the Property to the terms and conditions of, a reciprocal easement agreement with any one or more of the neighboring property owners (including any owner of any portion of the Property that may be divided from the whole) (“REA”); provided that such REA continues to provide Tenant with all of the rights and obligations contained in this Lease with respect to the Building as of the Execution Date (e.g. the appurtenant right to use all Common Areas in the Building) and the REA complies with the provisions of this Section 2.2; (iv) Landlord shall submit to Tenant for Tenant’s review drafts of the Condo Documents and the REA (and any amendments thereto) prior to their execution; (v) Tenant shall have the right to notify Landlord within twenty (20) days after receipt of the draft Condo Documents and/or REA...
Additions to the Property. (a) Landlord may, at any time and from time to time, (i) construct additional improvements and related site improvements (collectively, “Future Development”) in all or any part of the Property, (ii) change the location or arrangement of (A) any improvement outside the Building in or on the Property and/or (B) all or any part of the Common Areas, and/or (iii) add or deduct any land to or from the Property; provided that there shall be no material increase in Tenant’s obligations or no material loss of any of Tenant’s rights under this Lease in connection with the exercise of the foregoing reserved rights.
Additions to the Property. The Authority may unilaterally add additional land to the definition of the "Property" herein, by amendment to Deed of Restrictions.
Additions to the Property. Upon the acquisition by Developer of a legal or equitable interest in XXX (“Additional Property”) shown on Exhibit C , attached hereto and incorporated herein by this reference, and included in the Specific Plan, the Additional Property shall become part of the Property automatically upon execution and recordation by City and Developer of an operating memorandum (in accordance with Section 29(b) herein), in substantially the form set forth in Exhibit D, attached hereto and incorporated herein by this reference, solely to amend the legal description of the Property attached hereto as Exhibits A-1 and A-2 and/or Exhibits B-1 and B- 2, as applicable, to add the Additional Property.
Additions to the Property. Upon the acquisition by Developer of a legal or equitable interest in all or any of APN 000-000-000 (Army), APN 000-000-000 (Housing Authority), 000-000-000 (MST), 000-000-000 (Diocese of Monterey), APN 000-000-000 (Hostel), and/or APN 031-151-038 (USA) (“Additional Property”) shown on Exhibit C , attached hereto and incorporated herein by this reference, and included in the Specific Plan, the Additional Property shall become part of the Property automatically upon execution and recordation by City and Developer of an operating memorandum (in accordance with Section 29(b) herein), in substantially the form set forth in Exhibit D, attached hereto and incorporated herein by this reference, solely to amend the legal description of the Property attached hereto as Exhibits A-1 and A-2 and/or Exhibits B-1 and B-2, as applicable, to add the Additional Property. Application of Agreement» . This Agreement shall apply to the development and use of the Property. Such development shall be in accordance with the Project Approvals (including this Agreement), as the same may lawfully be amended from time to time in accordance with this Agreement. Term» .
