Common use of Art Clause in Contracts

Art. Landlord acknowledges that Tenant stores and/or displays within the Buildings, multiple works of art, including paintings, textiles, sculptures, and other forms of artwork (the “Art”) that are an integral part of the Bank of America Art Collection. The Art may be located within areas leased by and under control of Tenant, or in Common Areas, including lobbies or other public spaces within the Buildings or outdoor plaza areas. (a) The Art that is located within the Properties as of the date hereof is listed in the attached Schedule 4 hereto. Tenant may hereafter locate additional pieces of Art within the Buildings and/or Leased Premises, and any of such Art shall also be considered part of the Bank of America Art Collection, unless it cannot be removed from the Building without damaging the Art Tenant shall have the right at any time during the Term of the lease and for a period of 60 days following the Term of the lease, as to any such Building, to remove any of the Art at Tenant’s sole cost and expense. In the event any Art is removed from either Leased Premises or Common Areas, Tenant shall repair any damage caused by its removal. To the extent Art is removed from the Common Areas, Tenant shall notify Landlord in writing not less than 30 days prior to the anticipated removal date that the Art shall be removed. Tenant agrees to indemnify Landlord against any claims made by the artist or putative right holder pursuant to VARA arising out of Tenant’s removal or subsequent treatment of the Art, and such indemnity shall survive the termination or expiration of this Lease. (b) Landlord agrees that (i) Landlord shall not remove any Art from any Common Areas or public spaces of the Buildings during the Term hereof or within a period of sixty (60) days following the Term hereof, and Landlord acknowledges that any such removal in violation of this paragraph may cause damage to the Art, for which Landlord shall bear sole responsibility; and (ii) Landlord’s removal of any Art during the Term or thereafter shall not be within the scope of Tenant’s VARA indemnification. (c) Tenant shall have the right at any time or from time to time, to erect plaques or markers, subject to Landlord’s approval (not to be unreasonably withheld) identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection. To the extent Tenant elects not to remove any Art at the termination of the Lease, Landlord agrees that any plaques or markers installed by Tenant identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection shall remain in place for so long as the Art is displayed within the Building or Common Areas.

Art. Landlord acknowledges that Tenant stores may store and/or displays display within the BuildingsBuilding, multiple works of art, including paintings, textiles, sculptures, and other forms of artwork (the “"Art”") that are an integral part of the Bank of America Art Collection. The Art may be located within areas leased by and under control of Tenantthe Leased Premises, or with Landlord's approval, in Common Areas, including lobbies or other public spaces within the Buildings Building or outdoor plaza areas. (a) The Art that is located within the Properties Project as of the date hereof is listed in the attached Schedule 4 [___] hereto. Tenant may hereafter locate additional pieces of Art within the Buildings and/or Leased PremisesPremises or, with Landlord's approval, in the Common Areas within or outside the Building, and any of such Art shall also be considered part of the Bank of America Art Collection, unless it cannot be removed from the Building without damaging the Art Art. Tenant shall have the right at any time during the Term of the lease Lease and for a period of 60 thirty (30) days following the Term of the lease, as to any such BuildingLease, to remove any of the Art at Tenant’s 's sole cost and expense. In the event any Art is removed from either Leased Premises or Common Areas, Tenant shall repair any damage caused by its removal. To the extent Art is removed from the Common Areas, Tenant shall notify Landlord in writing not less than 30 thirty (30) days prior to the anticipated removal date that the Art shall be removed. Tenant agrees to indemnify Landlord against any claims made by the artist or putative right holder pursuant to VARA arising out of Tenant’s 's removal or subsequent treatment of the Art, and such indemnity shall survive the termination or expiration of this Lease. (b) Landlord agrees that (i) Landlord shall not remove any Art from any Common Areas or public spaces of the Buildings Building during the Term hereof or within a period of sixty thirty (6030) days following the Term hereof, and Landlord acknowledges that any such removal in violation of this paragraph may cause damage to the Art, for which Landlord shall bear sole responsibility; and (ii) Landlord’s 's removal of any Art during the Term or thereafter shall not be within the scope of Tenant’s 's VARA indemnification. The foregoing provisions of this subsection 5.8(b) shall not be construed as Landlord's approval of the placement of Art in Common Areas within or outside the Building. (c) Tenant shall have the right at any time or from time to time, to erect plaques or markers, subject to Landlord’s 's approval (not to be unreasonably withheld) identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection. To the extent Tenant elects not to remove any Art at the termination of the Lease, Landlord agrees that any plaques or markers installed by Tenant identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection shall remain in place for so long as the Art is displayed within the Building or Common Areas.

Art. Landlord acknowledges that Tenant stores may store and/or displays display within the BuildingsBuilding, multiple works of art, including paintings, textiles, sculptures, and other forms of artwork (the “Art”) that are an integral part of the Bank of America Art Collection. The Art may be located within areas leased by and under control of Tenantthe Leased Premises, or with Landlord’s approval, in Common Areas, including lobbies or other public spaces within the Buildings Building or outdoor plaza areas. (a) The Art that is located within the Properties Property as of the date hereof is listed in the attached Schedule 4 3 hereto. Tenant may hereafter locate additional pieces of Art within the Buildings and/or Leased PremisesPremises or, with Landlord’s approval, in the Common Areas within or outside the Building, and any of such Art shall also be considered part of the Bank of America Art Collection, unless it cannot be removed from the Building without damaging the Art Art. Tenant shall have the right at any time during the Term of the lease Lease and for a period of 60 thirty (30) days following the Term of the lease, as to any such BuildingLease, to remove any of the Art at Tenant’s sole cost and expense. In the event any Art is removed from either Leased Premises or Common Areas, Tenant shall repair any damage caused by its removal. To the extent Art is removed from the Common Areas, Tenant shall notify Landlord in writing not less than 30 thirty (30) days prior to the anticipated removal date that the Art shall be removed. Tenant agrees to indemnify Landlord against any claims made by the artist or putative right holder pursuant to VARA arising out of Tenant’s removal or subsequent treatment of the Art, and such indemnity shall survive the termination or expiration of this Lease. (b) Landlord agrees that (i) Landlord shall not remove any Art from any Common Areas or public spaces of the Buildings Building during the Term hereof or within a period of sixty thirty (6030) days following the Term hereof, and Landlord acknowledges that any such removal in violation of this paragraph may cause damage to the Art, for which Landlord shall bear sole responsibility; and (ii) Landlord’s removal of any Art during the Term or thereafter shall not be within the scope of Tenant’s VARA indemnification. The foregoing provisions of this subsection 5.7(b) shall not be construed as Landlord’s approval of the placement of Art in Common Areas within or outside the Building. (c) Tenant shall have the right at any time or from time to time, to erect plaques or markers, subject to Landlord’s approval (not to be unreasonably withheld) identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection. To the extent Tenant elects not to remove any Art at the termination of the Lease, Landlord agrees that any plaques or markers installed by Tenant identifying the Art as commissioned by Bank of America or on loan from the Bank of America Art Collection shall remain in place for so long as the Art is displayed within the Building or Common Areas.