Compliance With Laws Premises Condition. Landlord shall at all times during the Term cause, at its cost, any work it performs on the Premises [and to the Excluded Premises,] to be in compliance with all applicable federal, state, local and administrative laws, rules, regulations, orders and requirements (collectively, “Laws”), including, without limitation, the Environmental Laws. To the extent any work Tenant is required to perform under this Lease or in accordance with Laws requires the correction of any non-compliance of the Premises with applicable Laws in existence as of the Commencement Date of which Tenant did not have actual knowledge of as of the Commencement Date, Tenant shall provide Landlord with a written notice so advising Landlord of the condition and the corrective work Tenant intends to perform. Upon receipt of any such notice, Landlord shall have ten (10) business days within which to object to the work described in Tenant’s notice by delivering written notice to Tenant. If Landlord does not timely object, Tenant may proceed with the subject work. If, however, Landlord does timely object, Landlord and Tenant shall meet and confer in good faith to reach agreement on whether and/or how any such corrective work should be completed and the cost to complete such work. If Landlord and Tenant are not able to agree within ten (10) business days after delivery of Landlord’s notice of objection, then either party may elect, by delivering written notice to the other party, to have Landlord assume the responsibility for performing such work, in which event, Landlord shall cause such corrective work to be completed in accordance with applicable Laws at Landlord’s cost and expense. Absent either party making such election, Tenant may cause such work to be completed in accordance with applicable Laws, and Landlord will reimburse Tenant for Tenant’s reasonable out-of-pocket costs and expenses (exclusive of internal handling costs, fees and overhead cost allocations) of completing such corrective work and/or reasonable costs paid to a third party vendor for performing such work, and any administrative fee due to Tenant to which the parties may have mutually agreed prior to Tenant’s performing such work. Such reimbursement shall be made by Landlord to Tenant within thirty (30) days after receiving evidence of the completion of such work and invoices or comparable evidence of payment of such costs and expenses by Tenant. To the extent that the corrective work is done in conjunction with other Alte...
Compliance With Laws Premises Condition
