Common use of Existing Governmental Regulations Clause in Contracts

Existing Governmental Regulations. If any federal, state or local laws, ordinances, orders, rules, regulations or requirements (collectively, "Governmental Requirements") in existence as of the date of the Lease require an alteration or modification of the Leased Premises (a "Code Modification") and such Code Modification (i) is not made necessary as a result of the specific use being made by Tenant of the Leased Premises (as distinguished from an alteration or improvement which would be required to be made by the owner of any warehouse-office building comparable to the Building irrespective of the use thereof by any particular occupant), and (ii) is not made necessary as a result of any alteration of the Leased Premises by Tenant, such Code Modification shall be performed by Landlord, and the cost thereof shall be included in Operating Expenses without being subject to any applicable cap on expenses set forth herein.

Existing Governmental Regulations. If any federal, state or local laws, ordinances, orders, rules, regulations or requirements (collectively, "“Governmental Requirements"”) in existence as of the date of the Lease require an alteration or modification of the Leased Premises (a "“Code Modification"”) and such Code Modification (i) is not made necessary as a result of the specific use being made by Tenant of the Leased Premises (as distinguished from an alteration or improvement which would be required to be made by the owner of any warehouse-office building comparable to the Building irrespective of the use thereof by any particular occupant), and (ii) is not made necessary as a result of any alteration of the Leased Premises by Tenant, such Code Modification shall be performed by Landlord, at Landlord’s sole cost and the cost thereof shall be included in Operating Expenses without being subject to any applicable cap on expenses set forth hereinexpense.

Existing Governmental Regulations. If any federal, state or local laws, ordinances, orders, rules, regulations or requirements (collectively, "“Governmental Requirements"”) in existence as of the date of the Lease require an alteration or modification of the Leased Premises (a "“Code Modification"”) and such Code Modification (i) is not made necessary as a result of the specific use being made by Tenant of the Leased Premises (as distinguished from an alteration or improvement which would be required to be made by the owner of any warehouse-office building comparable to the Building irrespective of the use thereof by any particular occupant), and (ii) is not made necessary as a result of any alteration of the Leased Premises by Tenant, such Code Modification shall be performed by Landlord, at Landlord’s sole cost and the cost thereof shall be expense, and not included in Operating Expenses without being subject to any applicable cap on expenses set forth hereinExpenses.

Existing Governmental Regulations. If any federal, state or local laws, ordinances, orders, rules, regulations or requirements (collectively, "“Governmental Requirements"”) in existence as of the date of the Lease require an alteration or modification of the Leased Premises (a "“Code Modification"”) and such Code Modification (i) is not made necessary as a result of the specific use being made by Tenant of the Leased Premises (as distinguished from an alteration or improvement which would be required to be made by the owner of any warehouse-office building comparable to the Building irrespective of the use thereof by any particular occupant), and (ii) is not made necessary as a result of any alteration of the Leased Premises by TenantTenant (excluding the Tenant Improvements and excluding any subsequent alterations to the Leased Premises installed by or under the supervision of Landlord or its affiliates to the extent not included in the cost of such alteration), such Code Modification shall be performed by Landlord, at Landlord’s sole cost and the cost thereof shall be included in Operating Expenses without being subject to any applicable cap on expenses set forth hereinexpense.