Commercial Space Sample Clauses
The Commercial Space clause defines the terms and conditions under which a tenant is permitted to use a property for business or commercial purposes. It typically outlines the specific types of businesses allowed, any restrictions on use, and the tenant's obligations regarding maintenance, signage, and compliance with local regulations. By clearly establishing the permitted uses and responsibilities, this clause helps prevent disputes over property usage and ensures that both landlord and tenant have a mutual understanding of acceptable commercial activities within the leased space.
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. That portion of the Facility which is owned by BAHA and leased or available for lease to commercial office users.
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. 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 Owner agrees that, residential units shall equal no less than 51% of the gross floor area of the 40R Project. The total gross floor area devoted to non-residential uses may not exceed 49% of the total gross floor area of the 40R Project.
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. Real property that includes a building or part thereof for which there exists a separate legal title and that has been developed, or is intended to be developed, for use as space for:
Commercial Space. In addition to the proposed residential units, the project includes 17,970 square feet of commercial space, of which 8,100 square feet is conceptually allocated for convenient retail (“Convenient Retail”). SteelWave intends to exert commercially reasonable efforts to offer right of first look of Convenient Retail to local service providers, grocery stores, food producers and other like-kind local businesses, provided that the terms of the commercial leases are consistent with the market. Section 1445 of the Internal Revenue Code provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. To inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest by