Common use of Landlord Reservation Clause in Contracts

Landlord Reservation. Landlord may (but shall not have the obligation to): (i) install new Lines at the Building (ii) create additional space for Lines at the Building, and (iii) reasonably direct, monitor and/or supervise the installation, maintenance, replacement and removal of, the allocation and periodic re-allocation of available space (if any) for, and the allocation of excess capacity (if any) on, any Lines now or hereafter installed at the Building by Landlord, Tenant or any other party (but Landlord shall have no right to monitor or control the information transmitted through such Lines). Such rights shall not be in limitation of other rights that may be available to Landlord by Governmental Requirements or otherwise. If Landlord exercises any such rights, Landlord may charge Tenant for the costs attributable to Tenant, or may include those costs and all other costs in Operating Expenses (including without limitation, costs for acquiring and installing Lines and risers to accommodate new Lines and spare Lines, any associated computerized system and software for maintaining records of Line connections, and the fees of any consulting engineers and other experts); provided, any capital expenditures included in Operating Expenses hereunder shall be amortized (together with reasonable finance charges) over the useful life of such item (but in no event longer than five years).

Appears in 4 contracts

Samples: Office Lease (I Trax Com Inc), Radnor Technology and Research Center Office and Cafeteria Lease (BioMed Realty Trust Inc), Office Lease (Magainin Pharmaceuticals Inc)

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