Common use of Landlord’s Right to Develop Clause in Contracts

Landlord’s Right to Develop. 1. After the first sentence of Section 2.01 (a) of the Lease, the following is hereby inserted: Tenant expressly agrees that Landlord shall have the right, but shall have no obligation, to demolish, renovate, remodel, reconstruct or otherwise alter or develop in any manner the Entire Premises or any portion thereof for any and all uses beyond the Permitted Use (the “Development”) without Tenant’s consent; provided, however, that the Development shall not materially interfere with the Permitted Use or Tenant’s access to the Premises. In addition to developing some or all of the Entire Premises that

Appears in 2 contracts

Samples: Lease (Cinemark Holdings, Inc.), Lease Agreement (Cinemark Holdings, Inc.)

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Landlord’s Right to Develop. 1. After the first sentence of Section 2.01 (a) of the Lease, the following is hereby inserted: Tenant expressly agrees that Landlord shall have the right, but shall have no obligation, to demolish, renovate, remodel, reconstruct or otherwise alter or develop in any manner the Entire Premises or any portion thereof for any and all uses beyond the Permitted Use (the “Development”) without Tenant’s consent; provided, however, that the Development shall not materially interfere with the Permitted Use or Tenant’s access to the Premises. In addition to developing some or all of the Entire Premises thatthat are outside of the Building, Landlord’s Development rights set forth above shall include all roof-top and other exterior communication and

Appears in 1 contract

Samples: Lease (Cinemark Holdings, Inc.)

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Landlord’s Right to Develop. 1. After the first The second sentence of Section 2.01 (a) of the Lease, the following Lease is hereby inserteddeleted in its entirety and replaced with the following: Tenant expressly agrees that Landlord shall have the right, but shall have no obligation, to demolish, renovate, remodel, reconstruct or otherwise alter or develop in any manner the Entire Premises or any portion thereof for any and all uses beyond the Permitted Use (the “Development”) without Tenant’s consent; provided, however, that the Development shall not materially interfere with the Permitted Use or Tenant’s access to the Premises. In addition to developing some or all of the Entire Premises that.

Appears in 1 contract

Samples: Lease (Cinemark Holdings, Inc.)

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