Common use of Monument Signage Clause in Contracts

Monument Signage. The monument sign currently located on Blacxxxxx Xxxveway is encumbered by the rights of another tenant. Landlord also may use such monument sign for purposes of identifying the Building generally. Tenant shall be entitled to the non-exclusive use of the Tenant Portion of such sign as identified on Exhibit 5, provided all uses thereof, including the signage placed thereon, are approved by Landlord in all respects in Landlord's reasonable discretion. In addition, to the extent of the portion of the sign used by Tenant (but in no event less than 50%), Tenant shall pay its proportionate share (but in no event less than 50%) of all costs in connection therewith, provided Landlord will pay the costs of causing the monument sign to comply with applicable law, Tenant acknowledging that such sign or the use thereof may not currently comply with such laws and may have to be moved or reconfigured to so comply. Landlord shall have the right to add the names of other tenants and signage identifying the Building generally to such monument sign before or after Tenant uses such monument sign and/or causes such monument sign to comply with applicable laws, provided Tenant shall be entitled to use at least 50% of the Tenant Portion of the signage surface area. Landlord shall have the right to use the Landlord Portion of such sign, as identified on Exhibit 5, to identify the Building generally. Landlord shall have the right to determine whether the names of Tenant and other tenants are side by side (horizontal), on top of each other (vertical), and the order of names.