Inspections by Landlord. Landlord and its engineers, technicians, and consultants (collectively the “Auditors”) may, from time to time as Landlord deems appropriate and upon reasonable advance notice to Tenant, conduct periodic tests and examinations (“Audits”) of the Premises to confirm and monitor Tenant’s compliance with this paragraph. Landlord will hold in confidence any information learned during such Audits concerning Tenant’s operations, except with respect to any required reports to environmental authorities. Such Audits shall be conducted in such a manner as to minimize the interference with Tenant’s permitted activities on the Premises; however, in all cases, the Audits shall be of such nature and scope as shall be reasonably required by then existing technology to confirm Tenant’s compliance with this paragraph. Tenant shall fully cooperate with Landlord and its Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord unless an Audit shall disclose a material failure of Tenant to comply with this paragraph, in which case, the cost of such Audit, and the cost of all subsequent Audits made during the Lease Term and within thirty (30) days thereafter (not to exceed two (2) such Audits per calendar year), shall be paid for on demand by Tenant.
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Samples: Lease (Targacept Inc), Lease Agreement (Targacept Inc)
Inspections by Landlord. Upon reasonable prior notice to Tenant, Landlord and its engineers, technicians, and consultants (collectively the “Auditors”) may, from time to time as Landlord deems appropriate and upon reasonable advance notice to Tenantappropriate, conduct periodic tests and examinations (“Audits”) of the Premises to confirm and monitor Tenant’s compliance with this paragraph. Landlord will hold in confidence any information learned during such Audits concerning Tenant’s operations, except with respect to any required reports to environmental authoritiesSection 20. Such Audits shall be conducted in such a manner as to minimize the interference with Tenant’s permitted activities on the Premisesbusiness; however, however in all cases, the Audits shall be of such nature and scope as shall be reasonably required by then existing technology to confirm Tenant’s compliance with this paragraphSection 20. Tenant shall fully cooperate with Landlord and its Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord unless an Audit shall disclose a material failure of Tenant to comply with this paragraphSection 20, in which case, the cost of such Audit, and the cost of all subsequent Audits made during the Lease Term and within thirty (30) days thereafter (not to exceed two (2) such Audits per calendar year), shall be paid for on demand by Tenant. The covenants contained in this Section 20 shall survive the expiration or termination of this Lease, and shall continue for so long as Landlord and its successors and assigns may be subject to any expense, liability, charge, penalty, or obligation against which Tenant has agreed to indemnify Landlord under this Section 20.
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Samples: Lease (Alynx, Co.)
Inspections by Landlord. Landlord and its engineers, technicians, and ------------------------ consultants (collectively the “"Auditors”") may, from time to time as Landlord deems appropriate upon prior notice and upon reasonable advance notice to in no event in any way that will materially interfere with Tenant, 's business operations conduct periodic tests and examinations (“"Audits”") of the Premises to confirm and monitor Tenant’s 's compliance with this paragraph. Landlord will hold in confidence any information learned during such Audits concerning Tenant’s operations, except with respect to any required reports to environmental authoritiesSection 35. Such Audits shall be conducted in such a manner as to minimize the interference with Tenant’s 's permitted activities on the Premises; however, in all cases, the Audits shall be of such nature and scope as shall be reasonably required by then existing technology to confirm Tenant’s 's compliance with this paragraphSection 35. Tenant shall fully cooperate with Landlord and its Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord unless an Audit shall disclose a material failure of Tenant to comply with this paragraphSection 35, in which case, case the cost of such Audit, and the cost of all subsequent Audits made during the Lease Term term and within thirty (30) days thereafter (not to exceed two (2) such Audits per calendar year), ) shall be paid for on demand by Tenant.
Appears in 1 contract
Samples: Lease (Inspire Pharmaceuticals Inc)
Inspections by Landlord. Landlord and its engineers, technicians, and consultants (collectively the “Auditors”) may, from time to time as Landlord deems appropriate and appropriate, upon reasonable advance notice to Tenant, conduct periodic tests and examinations (“Audits”) of the Demised Premises to confirm and monitor Tenant’s compliance with this paragraph. Landlord will hold in confidence any information learned during such Audits concerning Tenant’s operations, except with respect to any required reports to environmental authoritiesSection. Such Audits shall be conducted in such a manner as to minimize the interference with Tenant’s permitted activities on the Demised Premises; however, in all cases, the Audits shall be of such nature and scope as shall be reasonably required by then existing technology to confirm Tenant’s compliance with this paragraphSection. Tenant shall fully cooperate with Landlord and its the Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord unless a Default has occurred under this Lease, or unless an Audit shall disclose a material failure of Tenant to comply with this paragraphSection, in either of which case, cases the cost of such Audit, and the cost of all subsequent Audits made during the Lease Term and within thirty (30) days thereafter (not to exceed two ([2) ] such Audits per calendar yearin any consecutive twelve [12] month period), shall be paid for on demand by TenantTenant within thirty (30) days of receipt by Tenant of invoices for such audits.
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Inspections by Landlord. Landlord and its engineers, technicians, and consultants (collectively the “"Auditors”") may, from time to time as Landlord deems appropriate and upon reasonable advance notice to Tenantappropriate, but no more than once every two years, conduct periodic tests and examinations (“"Audits”") of the Premises to confirm and monitor Tenant’s 's compliance with this paragraph. Landlord will hold in confidence any information learned during such Audits concerning Tenant’s operations, except with respect to any required reports to environmental authoritiesParagraph 23. Such Audits shall be conducted in such a manner as to minimize the interference with Tenant’s 's permitted activities on the Premises; however, however in all cases, the Audits shall be of such nature and scope as shall be reasonably required by then existing technology to confirm Tenant’s 's compliance with this paragraphParagraph 23. Tenant shall fully cooperate with Landlord and its Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord unless an Audit shall disclose a material failure of Tenant to comply with this paragraphParagraph 23, in which case, the cost of such Audit, and the cost of all subsequent Audits where Tenant is found to be in non-compliance made during the Lease Term and within thirty (30) days thereafter (not to exceed two ([2) ] such Audits per calendar year), shall be paid for on demand by Tenant.
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Samples: Office Lease (Capital Bank Corp)
Inspections by Landlord. Landlord and its engineers, technicians, and consultants (collectively the “Auditors”) may, from time to time as Landlord deems appropriate and upon reasonable advance notice to Tenantappropriate, conduct periodic tests and examinations (“Audits”) of the Premises to confirm and monitor Tenant’s compliance with this paragraphSection 21. Landlord will hold Notwithstanding the foregoing, neither Landlord, nor any of its engineers, technicians, consultants or other agents nor any other third parties shall be permitted to enter the Premises unless each such person shall have executed and delivered to Tenant a confidential disclosure agreement in confidence any information learned during such Audits concerning the form attached hereto as Exhibit D or otherwise reasonably satisfactory to Tenant’s operations, except with respect to any required reports to environmental authorities. Such Audits shall be conducted during normal business hours following prior written notice (which in no event shall be less than two (2) full business days) and in such a manner as to minimize the interference with Tenant’s permitted activities on the PremisesPermitted Use and to allow Tenant to protect its confidential and proprietary processes and information; however, in all caseshowever subject to such limitations, the Audits shall be of such nature and scope as shall be reasonably required by then existing technology to confirm Tenant’s compliance with this paragraphSection 21. Tenant shall fully reasonably cooperate with Landlord and its Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord unless an Audit shall disclose a material failure of Tenant to comply with this paragraphSection 21, in which case, the cost of such Audit, and and, until such failure has been remedied by Tenant, the cost of all subsequent Audits made during the Lease Term and within thirty (30) days thereafter (not to exceed two (2) such Audits per calendar year), shall be paid for on demand by Tenant.
Appears in 1 contract
Samples: Lease Agreement (Tengion Inc)
Inspections by Landlord. Landlord and its engineers, technicians, and consultants (collectively the “"Auditors”") may, from time to time as Landlord deems appropriate and upon reasonable advance notice to Tenantappropriate, conduct periodic tests and examinations (“"Audits”") of the demised Premises to confirm and monitor Tenant’s 's compliance with this paragraph. Landlord will hold in confidence any information learned during such Audits concerning Tenant’s operations, except with respect to any required reports to environmental authoritiesSection. Such Audits shall be conducted in such a manner as to minimize the interference with Tenant’s 's permitted activities on the demised Premises; however, in all cases, the Audits shall be of such nature and scope as shall be reasonably required by then existing technology to confirm Tenant’s 's compliance with this paragraphSection. Tenant shall fully cooperate with Landlord and its the Auditors in the conduct of such Audits. The cost of such Audits shall be paid by Landlord unless a Default has occurred under this Lease, or unless an Audit shall disclose a material failure of Tenant to comply with this paragraphSection, in either of which case, cases the cost of such Audit, and the cost of all subsequent Audits made during the Lease Term and within thirty (30) days thereafter (not to exceed two ([2) ] such Audits per calendar yearin any consecutive twelve [ 12] month period), shall be paid for on demand by TenantTenant within thirty (30) days of receipt by Tenant of invoices for such audits.
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