Common use of Exterior Building Signage Clause in Contracts

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.5, as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ above, Tenant shall have the right to install signage on the exterior of the Building, identifying the name and/or logo of the Original Tenant (i.e., “Recursion Pharmaceuticals”) in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘Exterior Building Signage”). The graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage shall also comply with and be subject to all applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building Signage. fol]owing the initial construction and installation of the Exterior Building Signage, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s sole cost and expense, to the new name and/or logo adopted by Original Tenant, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage in good condition and repair. The signage rights granted to Tenant under this Section 23.5 are personal to the Original Tenant and may only be exercised by the Original Tenant (and not any assignee, or any sublessee or other Transferee of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.5, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 3 contracts

Samples: Office Lease (Recursion Pharmaceuticals, Inc.), Office Lease (Recursion Pharmaceuticals, Inc.), Office Lease (Recursion Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.5, as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ 8 above, Tenant shall have the right to install signage on the exterior of the Building, identifying the name and/or logo of the Original Tenant (i.e., “Recursion Pharmaceuticals”) in the approximate locations shown and as depicted on Exhibit F attached hereto (the Exterior Building Signage”). The graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage shall also comply with and be subject to all applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building Signage. fol]owing Following the initial construction and installation of the Exterior Building Signage, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s sole cost and expense, to the new name and/or logo adopted by Original Tenant, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage in good condition and repair. The signage rights granted to Tenant under this Section 23.5 are personal to the Original Tenant and may only be exercised by the Original Tenant (and not any assignee, or any sublessee or other Transferee of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.5, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 2 contracts

Samples: Office Lease (Recursion Pharmaceuticals, Inc.), Office Lease (Recursion Pharmaceuticals, Inc.)

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.517.2, as a Alterations in accordance with Article VIII above (or as part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ aboveLetter), Tenant shall have the right right, at Tenant’s sole cost and expense (subject to the Allowance, as defined below), to install Building signage on the northeast corner of the exterior of the BuildingBuilding (facing First Street), identifying the name and/or logo of the Original Tenant (i.e.e.g, “Recursion PharmaceuticalsEargo”) in the approximate locations shown and as depicted on Exhibit F attached hereto or any Permitted Transferee (the Exterior Building SignageSign”). The All aspects of the Exterior Sign, including, without limitation, the location, graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage Sign shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage Sign shall also comply with and be subject to all applicable Restrictions and Applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City San Xxxx (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage Sign be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in (i) obtaining applicable permits from the City in connection with the installation of the Exterior Building SignageSign and (ii) coordinating Tenant’s installation of the Exterior Sign. fol]owing Following the initial construction and installation of the Exterior Building SignageSign, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s sole cost and expense, to the new name and/or logo adopted by Original TenantTenant or a Permitted Transferee, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building, or which would otherwise reasonably offend a landlord of comparable buildings. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage Sign in good condition and repair. The signage rights granted to Tenant under this Section 23.5 17.2 are personal to the Original Tenant and may only be exercised by the Original Tenant or a Permitted Transferee (and not any other assignee, or any sublessee or other Transferee transferee of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.517.2, in no event shall Tenant have any right to the Exterior Building Signage Sign if the Original Tenant or a Permitted Transferee is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the entire Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 2 contracts

Samples: Office Lease (Eargo, Inc.), Office Lease (Eargo, Inc.)

Exterior Building Signage. 23.5.1 Subject Tenant will have exclusive monument and building signage rights for the Building subject to applicable laws, statutes, rules, codes, ordinances and regulations of governmental authorities, and Landlord’s reasonable and timely approval of Tenant’s signage designs. Landlord agrees that no signage will be affixed to the terms of this Section 23.5, as a part exterior of the Building or in the Building’s main lobby level unless agreed to by Tenant Improvements and that all signage will be consistent with a Class “A” office building in accordance with terms downtown Richmond, Virginia. Without limiting the generality of the Tenant Work Letter foregoing, the following types of signs are prohibited: (i) paper signs, cardboard signs, hanging signs and stickers utilized as signs, and (ii) moving signs or as Alterations in accordance signs with Article $ aboveflashing, moving, flickering or blinking illumination. Tenant shall have the exclusive right throughout the Lease Term to install install, at its sole cost, signage on the exterior sides of the Building, identifying the name and/or logo of the Original Tenant (i.e., “Recursion Pharmaceuticals”) Building and monument signage in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘Exterior Building Signage”)Project. The graphics, materials, color, design, letteringexact location, size, quality specifications and specifications color of the Exterior Building Signage such exterior signs shall comply with all applicable laws, statutes, rules, codes, ordinances and regulations of governmental authorities and shall be subject to the prior written Landlord’s approval of Landlord, which approval shall not to be unreasonably withheld, conditioned or delayed. The Exterior Building Signage shall also comply with and be subject Prior to all applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building Signage. fol]owing the initial construction and installation of the Exterior Building Signageany such signs, Tenant shall be entitled to modify the name and/or logo for such signageshall, at Tenant’s sole cost and expense, obtain any and all necessary licenses, permits and easements therefor, and shall submit plans and specifications for the same for Landlord’s written approval. If any such signs are exhibited without first obtaining Landlord’s written consent, Landlord shall have the right to remove the new name and/or logo adopted same, and Tenant shall be liable for any and all expenses incurred by Original TenantLandlord in connection with such removal. All signs displayed in, provided that on or about the new name and/or logo Demised Premises by Tenant shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated consistent with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building. Tenant shall, at its sole cost shall maintain and expense, maintain keep the Exterior Building Signage same in good repair and condition and repairin compliance with all applicable statutes, ordinances, rules, regulations and other restrictions of all applicable governmental or quasi-governmental entities at all times. All signs erected by Tenant pursuant to the provisions hereof shall be erected at Tenant’s own risk and expense and shall contain only the name of Tenant. Tenant shall save Landlord harmless from any loss, cost or damage as a result of the erection, maintenance, existence or removal of the same, and Tenant shall repair any damage which may have been caused by the erection, Subject to a request for confidential treatment, certain portions of this agreement have been intentionally omitted. The signage rights granted to Tenant under this Section 23.5 are personal omitted portions subject to the Original confidential treatment request are designated by three asterisks [***]. A complete version of this agreement has been separately filed with the Securities and Exchange Commission. existence, maintenance or removal of such signs. To the extent Tenant and may only be exercised by the Original Tenant (and elects not to install exterior signage, any assignee, or any sublessee or other Transferee of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.5, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in alternative exterior signage for the Building (must have the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination prior written approval of Tenant’s right , such approval to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, be at Tenant’s sole cost and expense and repair and restore to good condition discretion, it being hereby agreed that the areas of exterior signage rights for the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof as set forth in this Article shall be exclusive to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 2 contracts

Samples: Deed of Lease Agreement, Deed of Lease Agreement (Newmarket Corp)

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.517.3, as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ VIII above, Tenant shall have the right right, at Tenant's sole cost and expense, to install Building signage on the exterior of the Building, identifying the name and/or logo of the Original Tenant (i.e., “Recursion Pharmaceuticals”"8x8, Inc.") in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘the" Exterior Building Signage”Sign"). The All aspects of the Exterior Sign, including, without limitation, the location, graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage Sign shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage Sign shall also comply with and be subject to all applicable Restrictions and Applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City San Xxxx ("City") (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage Sign be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s 's and Tenant’s 's other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in (i) obtaining applicable permits from the City in connection with the installation of the Exterior Building SignageSign and (ii) coordinating Tenant's installation of the Exterior Sign. fol]owing Following the initial construction and installation of the Exterior Building SignageSign, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s 's sole cost and expense, to the new name and/or logo adopted by Original Tenant, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). "Objectionable Name or Logo" shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building, or which would otherwise reasonably offend a landlord of comparable buildings. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage Sign in good condition and repair. The signage rights granted to Tenant under this Section 23.5 17.3 are personal to the Original Tenant and may only be exercised by the Original Tenant (and not any assignee, or any sublessee or other Transferee transferee of the Original Tenant’s ' s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.517.2, in no event shall Tenant have any right to the Exterior Building Signage Sign if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the entire Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 1 contract

Samples: Form Office Lease (8x8 Inc /De/)

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.5, as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ 8 above, Tenant shall have the right to install Building top signage on the exterior of the Building, identifying the name and/or logo of the Original Tenant (i.e., “Recursion PharmaceuticalsZS Pharma”) in the approximate locations shown and as depicted on Exhibit F G attached hereto (the Exterior Building Signage”). The graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage shall also comply with and be subject to all applicable Applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City San Mateo (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building Signage. fol]owing Following the initial construction and installation of the Exterior Building Signage, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s sole cost and expense, to the new name and/or logo adopted by Original Tenant, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage in good condition and repair. The signage rights granted to Tenant under this Section 23.5 are personal to the Original Tenant and may only be exercised by the Original Tenant (and not any assignee, or any sublessee or other Transferee of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.5, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 1 contract

Samples: Office Lease (ZS Pharma, Inc.)

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.517.2, as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ VIII above, Tenant shall have the right to install Building top signage on the exterior of the Building, identifying the name and/or logo of the Original Tenant (i.e., “Recursion Pharmaceuticals”"Adept Technology") in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘the" Exterior Building Signage”Sign"). The All aspects of the Exterior Sign, including, without limitation, the location, graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage Sign shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage Sign shall also comply with and be subject to all applicable Restrictions and Applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City San Xxxxx ("City") (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage Sign be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s 's and Tenant’s 's other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building SignageSign. fol]owing Following the initial construction and installation of the Exterior Building SignageSign, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s 's sole cost and expense, to the new name and/or logo adopted by Original Tenant, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). "Objectionable Name or Logo" shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office industrial building, or which would otherwise reasonably offend a landlord of comparable buildings. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage Sign in good condition and repair. The signage rights granted to Tenant under this Section 23.5 17.2 are personal to the Original Tenant and may only be exercised by the Original Tenant (and not any assignee, or any sublessee or other Transferee transferee of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.517.2, in no event shall Tenant have any right to the Exterior Building Signage Sign if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building entire Premises (the "Occupancy Threshold"). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 1 contract

Samples: Form Lease (Adept Technology Inc)

Exterior Building Signage. 23.5.1 Subject to the terms and conditions of this Section 23.5, as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ above, Tenant shall have the right right, at Tenant's sole cost and expense, to install and maintain signage (the "Exterior Sign") identifying the Original Tenant's name on the exterior façade of the Building, identifying the name and/or logo as approximately shown on Exhibit G attached hereto. All aspects of the Original Tenant (i.e.Exterior Sign, “Recursion Pharmaceuticals”) in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘Exterior Building Signage”). The graphicsincluding, materialsbut not limited to, quality, design, color, designstyle, letteringlighting, sizesize and specifications, quality as applicable, shall be (i) subject to Landlord's prior written approval, which approval shall not be unreasonably withheld, conditioned or delayed, and specifications (ii) in compliance with all applicable laws, codes, rules and regulations and any covenants, conditions and restrictions affecting the Project. Tenant shall be responsible, at Tenant's sole cost and expense, for the fabrication, installation, maintenance, repair, replacement and removal of the Exterior Sign as more particularly described below, and for the repair of any damage to the Building or the Project, whether inside or outside, resulting from the erection, maintenance, repair or removal of the Exterior Sign. The Exterior Sign shall be kept and maintained at all times in a good, clean and safe order, condition and repair consistent with the tier one nature of the Project. Upon the expiration or earlier termination of this Lease, the Exterior Sign shall be removed from the Building. Tenant, at Tenant's sole cost and expense, shall be responsible for obtaining, and shall use its commercially reasonable, good faith efforts to obtain, all necessary approvals from the applicable governmental authorities for the Exterior Sign (the "Exterior Signage Approvals"). Tenant shall provide Landlord with copies of any applications or requests for the Exterior Signage Approvals and notices of hearings and meetings with any applicable governmental authority regarding such applications or requests. Upon request by Tenant from time to time, Landlord agrees to reasonably cooperate with Landlord in connection with Tenant's efforts to obtain the Exterior Signage Approvals. Tenant shall make or approve such modifications and revisions to the Exterior Sign and to the plans and specifications therefor as any applicable governmental authority may reasonably require as a condition to the granting of the Exterior Signage Approvals; provided that, all such modifications and revisions shall be subject to the Landlord's prior written approval of Landlordapproval, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage shall also comply Tenant hereby acknowledges that Landlord has made no representation or warranty to Tenant with respect to the probability of obtaining all necessary governmental permits and be subject to all applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of approvals for the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, Sign. All costs and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease shall not be affected thereby. expenses reasonably incurred by Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation Exterior Sign or this Section 23.5 shall be reimbursed by Tenant by a separate charge or charges billed by Landlord, and payable by Tenant within thirty (30) days after receipt of an invoice therefor. The rights contained in this Section 23.5 with respect to the Exterior Building SignageSign shall be personal to the Original Tenant and may only be exercised by the Original Tenant if the Original Tenant then physically occupies the entire Premises. fol]owing the initial construction and installation of the Exterior Building SignageShould Tenant's name be legally changed to another name or Tenant's logo be updated ("Tenant's New Name or Logo"), Tenant shall be entitled have the right to modify the name and/or logo for such signagerequest that Landlord, at Tenant’s 's sole cost and expense, modify the Exterior Sign to the new name and/or logo adopted by Original reflect Tenant's New Name or Logo, provided that the new name and/or logo shall not be an Objectionable Tenant's New Name or Logo (defined below). “Objectionable Name or Logo” shall mean is not any name or logo which that relates to an entity which that is of a character or reputation, or is associated with a political orientation or faction, which that is inconsistent with the quality of the Building as a first-class office building. Tenant shall, at its sole cost and expense, maintain or the Exterior Building Signage in good condition and repair. The signage rights granted to Tenant under this Section 23.5 are personal to the Original Tenant and may only be exercised by the Original Tenant (and not any assigneeProject, or any sublessee or other Transferee which would otherwise reasonably offend a landlord of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.5, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, incComparable Buildings.

Appears in 1 contract

Samples: Office Lease (Wageworks, Inc.)

AutoNDA by SimpleDocs

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.5, as a part of the 23.2 and provided that Tenant Improvements is not in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ abovedefault hereunder after any applicable notice and cure period, Tenant shall have the right be entitled to install signage install, at its sole cost and expense, one (1) building top sign on the exterior of the Building, Building facing El Camino Real identifying the name and/or logo of the Original Tenant (i.e.the, “Recursion Pharmaceuticals”) in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘Exterior Building Signage”). Within six (6) months of the Lease Commencement Date, Tenant shall notify Landlord, in writing, as to whether or not Tenant will install the Signage in accordance with the provisions of this Section 23.2. Tenant’s failure to deliver such notice within such six (6) month period shall be deemed to be Tenant’s election not to install the Signage. If Tenant elects (or is deemed to have elected) not to install the Signage, the rights described in this Section 23.2 shall terminate and be of no further force and effect. The exact position of the Signage shall be designated by Landlord. The graphics, materials, size, color, design, lettering, size, quality lighting (if any) and specifications of the Exterior Building Signage (collectively, the “Signage Specifications”) shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building In addition, the Signage and all Signage Specifications therefor shall also comply with be subject to Tenant’s receipt of all required governmental permits and approvals, shall be subject to all applicable Lawsgovernmental laws and ordinances and the CC&R’s affecting the Real Property. Tenant hereby acknowledges that, including, but not limited to, all requirements notwithstanding Landlord’s approval of the City Signage and/or the Signage Specifications therefor, Landlord has made no representations or warranty to Tenant with respect to the probability of Salt Lake City (“City”) (or other applicable governmental authorities)obtaining such approvals and permits. In the event Tenant does not receive the necessary permits and approvals for the Signage, all applicable Declarations (as defined below), Tenant’s and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, rights and if such approval is not obtained, Landlord’s and Tenant’s other obligations under the remaining provisions of this Lease shall not be affected therebyaffected. Landlord shallThe cost of installation of the Signage, at no out-of-pocket cost as well as all costs of design and construction of such Signage and all other costs associated with such Signage, including, without limitation, permits, maintenance and repair, shall be the sole responsibility of Tenant. The rights to Landlordthe Signage shall be personal to the Original Tenant, reasonably cooperate with Tenant any Affiliated Assignee, or any other Transferee of Tenant’s entire interest in obtaining applicable permits from the City this Lease in connection with a Transfer of this Lease to which Landlord consents pursuant to Article 14 above and may not otherwise be transferred. Should the installation of Signage require maintenance or repairs as determined in Landlord’s reasonable judgment, Landlord shall have the Exterior Building Signage. fol]owing the initial construction right to provide written notice thereof to Tenant and installation of the Exterior Building Signage, Tenant shall cause such repairs and/or maintenance to be entitled to modify the name and/or logo for performed within thirty (30) days after receipt of such signage, notice from Landlord at Tenant’s sole cost and expense. Should Tenant fail to perform such maintenance and repairs within the period described in the immediately preceding sentence, Landlord shall have the right to cause such work to be performed and to charge Tenant, as Additional Rent, for the cost of such work. Upon the expiration or earlier termination of this Lease, Tenant shall cause any damage resulting from such removal to be repaired. If Tenant fails to remove the Signage and to repair the Building as provided in the immediately preceding sentence within thirty (30) days following the expiration or early termination of this Lease, then Landlord may perform such work, and all costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within ten (10) business days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease. Should the name of the Original Tenant change, or should this Lease be assigned to an Affiliated Assignee, then the Signage may be modified at Tenant’s sole cost and expense to reflect the new name and/or logo adopted by Original Tenantname, provided that the new name and/or logo shall not be an Objectionable Name or Logo is reasonably acceptable to Landlord, and without limiting other reasonable grounds for which Landlord may disapprove the new name, Landlord may disapprove the new name if it (defined below). “Objectionable Name or Logo” shall mean any name or logo which i) relates to an entity which that is of a character or reputation, or is associated with a political orientation or a faction, which that is inconsistent with the quality of the Building as a first-class or would otherwise reasonably offend an institutional landlord of an office building. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage in good condition and repair. The signage rights granted to Tenant under this Section 23.5 are personal project comparable to the Original Tenant Building, taking into consideration the level and may only be exercised by the Original Tenant (and not any assignee, or any sublessee or other Transferee visibility of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.5, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or (ii) causes Landlord to be in default under any lease or license with another tenant of the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, incReal Property.

Appears in 1 contract

Samples: Lease (Maxlinear Inc)

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.5, Effective as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ aboveCommencement Date, Tenant shall have the right to install signage one (1) building top sign on the exterior Building in two (2) separate locations, both of the Building, identifying the name and/or logo of the Original which locations are to be mutually agreed upon by Landlord and Tenant (i.e., “Recursion Pharmaceuticals”) in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘"Exterior Building Signage”Sign"). The graphicsNotwithstanding the foregoing, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage shall be subject to the prior written approval of Landlord, which approval Tenant shall not be unreasonably withheldentitled to install the Exterior Sign if: (a) Tenant has previously assigned its interest in this Lease (except in connection with a Permitted Transfer), conditioned (b) Tenant has previously sublet any portion of the Premises (except in connection with a Permitted Transfer), or delayed(c) Tenant is in default under any monetary or material non-monetary provision of the Lease. The Furthermore, Tenant's right to install the Exterior Building Signage shall also comply with and be Sign is expressly subject to all applicable Laws, including, but not limited to, all requirements of and contingent upon Tenant receiving the approval and consent to the Exterior Sign from the City of Salt Lake City (“City”) (or Irvine, California, its architectural review board, any other applicable governmental authorities)or quasi-governmental governmental agency and any architectural review committee under the covenants, all applicable Declarations (as defined below), conditions and Landlord’s signage criteria; provided, however, that in no event shall restrictions recorded against the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s and Development. Tenant’s other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building Signage. fol]owing the initial construction and installation of the Exterior Building Signage, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s sole cost and expense, to the new name and/or logo adopted by Original Tenant, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building. Tenant shall, at its sole cost and expense, maintain shall obtain all other necessary building permits, zoning, regulatory and other approvals in connection with the Exterior Building Signage in good condition Sign. All costs of approval, consent, design, installation, supervision of installation, wiring, maintaining, repairing and repairremoving the Exterior Sign will be at Tenant's sole cost and expense. Tenant shall submit to Landlord reasonably detailed drawings of its proposed Exterior Sign, including without limitation, the size, material, shape, location, coloring and lettering for review and approval by Landlord. The signage rights granted Exterior Sign shall be subject to Tenant under this Section 23.5 are personal (i) Landlord's prior review and written approval thereof, (ii) the terms, conditions and restrictions of any recorded covenants, conditions and restrictions encumbering the Development and/or the Building and shall conform to the Original Building sign criteria and Development sign criteria, if any, and the other reasonable standards of design and motif established by Landlord for the exterior of the Building and/or the Development. Tenant shall reimburse Landlord for any reasonable out-of-pocket costs associated with Landlord's review and supervision as hereinbefore provided including, but not limited to, engineers and other professional consultants. Tenant will be solely responsible for any damage to the Exterior Sign and any damage that the installation, maintenance, repair or removal thereof may only be exercised by cause to the Original Building or the Development. Tenant agrees upon the expiration date or sooner termination of this Lease, upon Landlord's request, to remove the Exterior Sign and restore any damage to the Building and the Development at Tenant's expense. In addition, Landlord shall have the right to remove the Exterior Sign at Tenant's sole cost and expense, if, at any time during the Term: (and not i) Tenant assigns this Lease (except in connection with a Permitted Transfer), (ii) Tenant sublets any assigneeportion of the Premises (except in connection with a Permitted Transfer), or (iii) Tenant is in default under any sublessee term or other Transferee condition of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained herein, if Tenant fails to install the Exterior Sign on the Building in accordance with the terms of this Section 23.5Paragraph 47 on or before the eighth (8th) month anniversary of the Commencement Date (the "Outside Exterior Sign Installation Date"), in no event shall Tenant have any Tenant's right to the erect any such Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession Sign shall terminate as of the Premises, or the earlier termination Outside Exterior Sign Installation Date and shall thereupon be deemed null and void and of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost no further force and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to timeeffect. ii4965 t.1 1/SF 373398.00076/i 1.13SITE PLAN [To be supplied] EXHIBIT "A-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.I" OUTLINE OF FLOOR PLAN OF PREMISES [To be supplied] EXHIBIT "A-II" RENTABLE SQUARE FEET AND USABLE SQUARE FEET

Appears in 1 contract

Samples: Letter Agreement (California First National Bancorp)

Exterior Building Signage. 23.5.1 Subject to the terms of this Section 23.5, as a part of the Tenant Improvements in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ above, Tenant shall have the right to install signage on the exterior of the Building, identifying the name and/or logo of the Original Tenant (i.e., “Recursion Pharmaceuticals”) in the approximate locations shown and as depicted on Exhibit F attached hereto (the ‘Exterior Building Signage”). The graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage shall also comply with and be subject to all applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this Lease, and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building Signage. fol]owing the initial construction and installation of the Exterior Building Signage, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s sole cost and expense, to the new name and/or logo adopted by Original Tenant, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage in good condition and repair. The signage rights granted to Tenant under this Section 23.5 are personal to the Original Tenant and may only be exercised by the Original Tenant (and not any assignee, or any sublessee or other Transferee of the Original Tenant’s interest in this Lease). Notwithstanding anything to the contrary contained in this Section 23.5, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant is not leasing and occupying at least 49,586 rentable square feet in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by LandlordXxxxxxxx’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 1 contract

Samples: Office Lease (Recursion Pharmaceuticals, Inc.)

Exterior Building Signage. 23.5.1 Subject With respect to the Additional Premises, Tenant shall have the signage described in Article 23 of the Original Lease. In addition, subject to the terms of this Section 23.57, as a part of the Tenant Improvements (as defined below) in accordance with terms of the Tenant Work Letter or as Alterations in accordance with Article $ above8 of the Original Lease, Tenant Tenant, at Tenant’s sole cost and expense, shall have the right to install eyebrow signage on the exterior of the BuildingBuilding facing Aries Way (Xxxxxx Square), identifying the name and/or logo of the Original Tenant (i.e., “Recursion PharmaceuticalsCrowdstrike, Inc.”) in the approximate locations shown and as depicted on Exhibit F attached hereto or its Permitted Transferee (the Exterior Building Signage”). The location, graphics, materials, color, design, lettering, size, quality and specifications of the Exterior Building Signage shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld, conditioned or delayed. The Exterior Building Signage shall also comply with and be subject to all applicable Applicable Laws, including, but not limited to, all requirements of the City of Salt Lake City Sunnyvale (“City”) (or other applicable governmental authorities), all applicable Declarations (as defined below), and Landlord’s signage criteria; provided, however, that in no event shall the approval by the City (or other applicable governmental authorities) of the Exterior Building Signage be deemed a condition precedent to the effectiveness of this LeaseAmendment, and if such approval is not obtained, Landlord’s and Tenant’s other obligations under this Lease the Lease, as amended hereby, shall not be affected thereby. Landlord shall, at no out-of-pocket cost to Landlord, reasonably cooperate with Tenant in obtaining applicable permits from the City in connection with the installation of the Exterior Building Signage. fol]owing Following the initial construction and installation of the Exterior Building Signage, Tenant shall be entitled to modify the name and/or logo for such signage, at Tenant’s sole cost and expense, to the new name and/or logo adopted by Original TenantTenant or its Permitted Transferee, provided that the new name and/or logo shall not be an Objectionable Name or Logo (defined below). “Objectionable Name or Logo” shall mean any name or logo which relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which is inconsistent with the quality of the Building as a first-class office building, or which would otherwise reasonably offend a landlord of the Comparable Buildings. Tenant shall, at its sole cost and expense, maintain the Exterior Building Signage in good condition and repair. The signage rights granted to Tenant under this Section 23.5 7 are personal to the Original Tenant and may only be exercised by the Original Tenant or its Permitted Transferee (and not any other assignee, or any sublessee or other Transferee of the Original Tenant’s interest in this the Lease). Notwithstanding anything to the contrary contained in this Section 23.57, in no event shall Tenant have any right to the Exterior Building Signage if the Original Tenant or its Permitted Transferee is not not, at any particular time, leasing and occupying at least 49,586 the first or second most rentable square feet footage in the Building (the “Occupancy Threshold”). 23.5.2 Upon the expiration or earlier termination of this Lease or Tenant’s right to possession of the Premises, or the earlier termination of Tenant’s right to the Exterior Building Signage by reason of Tenant’s failure to meet the requirements applicable thereto pursuant to this Section 23.5, or by Landlord’s written notice to Tenant by reason of Tenant’s failure to meet the Occupancy Threshold, Tenant shall remove the Exterior Building Signage, at Tenant’s sole cost and expense and repair and restore to good condition the areas of the Building on which the Exterior Building Signage was located or that was otherwise affected by such signage or the removal thereof, or at Landlord’s election with prior written notice thereof to Tenant, Landlord may perform any such removal and/or repair and restoration and Tenant shall pay Landlord the reasonable cost thereof within thirty (30) days after Landlord’s demand from time to time. ii4965 t.1 1/SF 373398.00076/i 1.13-17/arb/jll 3 1 Recursion Pharmaceuticals, inc.

Appears in 1 contract

Samples: Office Lease (CrowdStrike Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.