Common use of Building Alterations and Management Clause in Contracts

Building Alterations and Management. 20. Owner shall have the right at any time without the same constituting an eviction and without incurring liability to Tenant therefor, to change the arrangement and/or location of public entrances, passageways, doors, doorways, corridors, elevators, stairs, toilets or other public parts of the building, and to change the name, number or designation by which the building may be known. There shall be no allowance to Tenant for diminution of rental value and no liability on the part of Owner by reason of inconvenience, annoyance or injury to business arising from Owner or other Tenants making any repairs in the building or any such alterations, additions and improvements. Owner will perform any such repairs, alterations, additions and improvements with reasonable diligence and with a reasonable effort to minimize interference with the permitted use. Furthermore, Tenant shall not have any claim against Owner by reason of Owner’s imposition of such controls of the manner of access to the building by Tenant’s social or business visitors as the Owner may deem necessary for the security of the building and its occupants.

Appears in 6 contracts

Samples: Agreement of Sublease (Liquid Holdings Group, Inc.), Office Lease (Liquid Holdings Group, Inc.), Office Lease (Liquid Holdings Group LLC)

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Building Alterations and Management. 20. Owner shall have the right at any time without the same constituting an eviction and without incurring liability to Tenant therefor, therefor to change the arrangement and/or location of public entrances, passageways, doors, doorways, corridors, elevators, stairs, toilets or other public parts of the building, building and to change the name, number or designation by which the building may be known. There shall be no allowance to Tenant for diminution of rental value and no liability on the part of Owner by reason of inconvenience, annoyance or injury to business arising from Owner or other Tenants Tenant making any repairs in the building or any such alterations, additions and improvements. Owner will perform any such repairs, alterations, additions and improvements with reasonable diligence and with a reasonable effort to minimize interference with the permitted use. Furthermore, Tenant shall not have any claim against Owner by reason of Owner’s 's imposition of such any controls of the manner of access to the building by Tenant’s 's social or business visitors as the Owner may deem necessary for the security of the building and its occupants. Such building alterations shall not materially affect Tenant's rights hereunder and Owner hereby agrees to use its reasonable efforts to minimize its interference with the operation of Tenant's business at the demised premises.

Appears in 1 contract

Samples: Agreement of Lease (Logimetrics Inc)

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