Commercial Space. Tenant will require that all nonresidential tenants' liability insurance policies include Tenant and the City as additional insureds, as their respective interests may appear. Throughout the term of any lease of Commercial Space, Tenant will require commercial tenants to maintain insurance as follows:
(a) to the extent the tenant has "employees" as defined in the California Labor Code, workers' compensation insurance with employer's liability limits not less than One Million Dollars ($1,000,000) each accident;
(b) commercial general liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including coverage for contractual liability; personal injury; advertisers' liability; including coverage for loss of income due to an insured peril for twelve (12) months; owners' and contractors' protective; broadform property damage; explosion, collapse and underground (XCU); products and completed operations coverage;
(c) business automobile liability insurance, with limits not less than One Million Dollars ($1,000,000) each occurrence, combined single limit for bodily injury and property damage, including owned, hired and non-owned auto coverage, as applicable;
(d) with respect to any tenant who has (or is required by Law to have) a liquor license and who is selling or distributing alcoholic beverages and/or food products on the leased premises, to maintain liquor and/or food products liability coverage with limits not less than One Million Dollars ($1,000,000), as appropriate;
(e) special form coverage insurance, including vandalism and malicious mischief, in the amount of 100% of the full replacement cost thereof, covering all furnishings, fixtures, equipment, leasehold improvements, alterations and property of every kind of the tenant and of persons claiming through the tenant; and
(f) full coverage plate glass insurance covering any plate glass on the commercial space.
Commercial Space. Subject to City approval, Tenant will either i) use the Commercial Space as programming space for PSH Residents at the Premises and in accordance with PSH Program Rules, or ii) sublease the Commercial Space to a commercial tenant for commercial services, which sublease will be subject to City’s approval in its sole discretion.
Commercial Space. That portion of the Facility which is owned by BAHA and leased or available for lease to commercial office users.
Commercial Space. The City will lease to the District for one dollar per year an adequate amount of space in the area designated in Exhibit B to allow the District to construct up to 40,000 square feet of commercial building for harbor related or compatible uses, based on a two-story structure. The District or its sublessee shall be responsible for all costs associated with obtaining permits and constructing the building to include tenant improvements within the leased area. City agrees that if the Bay Conservation and Development Condition imposes a requirement for replacement recreational/open space, City agrees that the new recreation/open space constructed as part of the Oyster Point Redevelopment Project may be identified and used as replacement/open space. The district shall retain 100% of the revenues generated by the 40,000 sq. ft. commercial space.
Commercial Space. The Project will contain, in the aggregate, approximately 24,940 square feet of non-residential, commercial space that will be comprised of 4,250 square feet of creative office/production space (provided that such space could be converted to retail space, depending on market conditions) and not less than 20,700 square feet of neighborhood-serving retail. 9,260 square feet of the neighborhood- serving retail space will front Colorado Avenue.
Commercial Space. The Commercial Space includes approximately156,000 square feet of office space that may include corporate offices, research and development, and education and medical facilities.
Commercial Space. The Project shall include approximately 22,870 square feet of retail space with active commercial uses on both Park Boulevard and Market Street, a minimum of 50,000 sf of office space generating uses such as corporate offices, research and development, and education and medical facilities, and approximately 14,638 sf of ground floor retail space.
Commercial Space. The approximately 16,000 square feet of commercial space to be built on the ground level of the Phase II residential building will be one or more condominium units within Metropolitan Place Residential Condominium, and shall be subject to assessments on the same basis as set forth in Section 5.02, 6.06, and 6.07 of the First Amendment to Declaration of Condominium for Metropolitan Place Condominium (the "Residential Declaration"). However, the commercial unit(s) will be responsible for contracting and paying for its/their own trash and garbage removal, and for snow removal and maintenance in the public parking areas and around the commercial space.
Commercial Space. The COLLEGE will continue to allow commercial use in the building at the southwest corner of West Street and Green Street until July 1, 2015. After that date, if the COLLEGE no longer wishes to maintain that location for commercial use, the COLLEGE will engage in a planning process with the CITY to locate 10,000 square feet of replacement commercial space in the Area if it is deemed commercially viable, or in another agreed upon location. The CITY and the COLLEGE agree to reach a mutually acceptable solution before the COLLEGE proceeds with development of its campus. If the Mayor and the COLLEGE agree, commercial space may be replaced by other publicly accessible space designed to add vibrancy to the street.
Commercial Space. With respect to the initial occupants of the Commercial Space, and for a period of fifteen (15) years after the date on which the Commercial Space is first open for business to members of the general public, Developer and City shall work cooperatively and in good faith to locate commercial or retail tenants that are interested in operating in the Commercial Space. Notwithstanding the foregoing, Developer shall not be obligated to accept as an occupant any tenant that is unable to pay Minimum Rent for its use of the Commercial Space; provided that, if there is a tenant with respect to which the City agrees to provide financial aid to facilitate such organization paying Minimum Rent for premises within the Commercial Space, then, barring any reasonable objection of Developer with respect to the identity or nature of the tenant, and so long as there is unoccupied space in the Commercial Space that is suitable for such tenant, Developer shall make such space available to such tenant.
