Common use of Common Rights Clause in Contracts

Common Rights. The Premises are leased subject to, and with the benefit of, the non-exclusive right to use in common with others at any time entitled thereto the Common Areas and Common Facilities for all such purposes as such areas may be reasonably designated, but only in connection with the use of the Premises for the Permitted Use in accordance with the Rules and Regulations. Landlord shall have the right from time to time to designate or change the locations, size or configuration of the Common Areas, and to modify or replace the Common Facilities, and to permit expansion of construction and new construction therein; provided, however, such changes shall not have a material adverse impact on Tenant’s access to, or use and enjoyment of, the Premises. Tenant shall not have the right to use those portions of the Common Areas designated from time to time by Landlord as for the exclusive use of one or more other tenants. Included herein is the right to use the Common Area conference center and conference rooms when not otherwise booked by the Landlord or others also entitled to use same, which use by Tenant shall be subject to Landlord’s allocation of such availability among such parties in Landlord’s reasonable discretion.

Appears in 3 contracts

Samples: Lease (Morphic Holding, Inc.), Lease (Morphic Holding, Inc.), Lease (Morphic Holding, Inc.)

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Common Rights. (a) The Premises are leased subject to, and with the benefit of, the non-exclusive right to use in common with others at any time entitled thereto the Common Areas and Common Facilities for all such purposes as such areas may be reasonably designated, but only in connection with the use of the Premises for the Permitted Use in accordance with the Rules and Regulations. Landlord shall have the right from time to time to designate or change the locations, size or configuration of the Common Areas, and to modify or replace the Common Facilities, and to permit expansion of construction and new construction therein; provided, however, such changes shall not have a material adverse impact on Tenant’s access to, or use and enjoyment of, the Premises. Tenant shall not have the right to use those portions of the Common Areas designated from time to time by Landlord as for the temporary exclusive use of one or more other tenants, provided that such areas shall not constitute any area which this Lease specifically provides Tenant the exclusive right to use or where the temporary inability to use such Common Areas would materially adversely affect Tenant’s access to, or use and enjoyment of, the Premises. Included herein is at the right discretion of the Landlord to use the Common Area conference center and or conference rooms when not otherwise booked by the Landlord or others also entitled to use same, which use by Tenant shall be subject to Landlord’s allocation of such availability among such parties in Landlord’s reasonable discretion.

Appears in 1 contract

Samples: Lease (Cerulean Pharma Inc.)

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