Cooperative Integration. The Parties acknowledge and agree that as a result of the inter-relationship of the Retail Component with other Components and the Urban Park, both physically and functionally, various Easements and licences, potential reasonable rules and regulations and cost sharing matters will be required to be resolved between the Retail Component and such other Components and/or the Urban Park, and the Parties and each of the Subtenants shall cooperate and act reasonably to effect the cooperative integration, subject to the Approval of the City and the Approval of OSEG under the Project Agreement (the “Cooperative Integration”). For this purpose, the Landlord and/or the Tenant shall, contemporaneously with the execution of this Lease, enter into: (a) the Parking Reciprocal Agreement; (b) one or more other Reciprocal Agreements with the owner, tenant and/or subtenant of one or more other Components and/or the City, as the owner of the Urban Park, as required to implement and achieve the Cooperative Integration, including with respect to the Stadium Retail Component, the Office Retail Component and for the development of the Residential Component and the Office Component above portions of the Retail Component; and (c) one or more construction procedures agreements with the owner, tenant and/or subtenant of one or more other Components and/or the City, as the owner of the Urban Park, respecting construction related matters among one or more Components and/or the Urban Park, including licences and/or temporary Easements to be contemplated therein and a dispute resolution procedure among the parties thereto.
Appears in 2 contracts
Samples: Retail Lease, Retail Lease
Cooperative Integration. The Parties acknowledge and agree that as a result of the inter-relationship of the Retail Stadium Component with other Components and the Urban Park, both physically and functionally, various Easements and licences, potential reasonable rules and regulations and cost sharing matters will be required to be resolved between the Retail Stadium Component and such other Components and/or the Urban Park, and the Parties and each of the Subtenants shall cooperate and act reasonably to effect the cooperative integration, subject to the Approval of the City and the Approval of OSEG under the Project Agreement (the “Cooperative Integration”). For this purpose, the Landlord and/or the Tenant shall, contemporaneously with the execution of this Lease, enter into:
(a) the Parking Reciprocal Agreement;
(b) one or more other Reciprocal Agreements with the owner, tenant and/or subtenant of one or more other Components and/or the City, as the owner of the Urban Park, as required to implement and achieve the Cooperative Integration, including with respect to the Stadium Retail Component, the Office Retail Component and for the development of the Residential Component and the Office Component above portions of the Retail Component; and;
(c) one or more construction procedures agreements with the owner, tenant and/or subtenant of one or more other Components and/or the City, as the owner of the Urban Park, respecting construction related matters among one or more Components and/or the Urban Park, including licences and/or temporary Easements to be contemplated therein and a dispute resolution procedure among the parties thereto;
(d) a project management agreement with OSEG as project manager in respect of coordinating and managing construction related matters at the Site; and
(e) a parking management agreement as provided for in Section 9.10(b).
Appears in 2 contracts
Samples: Stadium Lease, Stadium Lease