Self-Management of Building Services Sample Clauses

Self-Management of Building Services. If, prior to the end of the first three (3) Lease Years, Tenant reasonably determines that the failure by Landlord to provide Building Services (other than those provided by Tenant under subparagraph (iii) above) in accordance with the First-Class Service Standard has continued for more than ninety (90) days after notice from Tenant without Landlord undertaking and implementing appropriate remedial actions that restore such services to the First-Class Service Standard (either at Landlord’s own direction through its property management company or by retaining a replacement property management company meeting the First-Class Service Standard), then Tenant may elect to require Landlord to terminate its existing property management company on not less than thirty (30) days’ notice to Landlord. In addition, after the first three (3) Lease Years, either Tenant or Landlord may elect, with or without cause, on not less than ninety (90) days’ prior written notice to the other party, for Tenant to provide all Building Services hereunder. In the event that Landlord’s property manager is terminated under this subparagraph (v), Tenant shall engage, at its sole cost and expense, a reputable third party property management company that is experienced in the management of comparable first-class suburban office buildings, subject to Landlord’s reasonable approval, who shall provide all such Building Services in accordance with the First-Class Service Standard. Any such property management company engaged by Tenant shall perform such Building Services pursuant to service plans and service contracts reasonably approved by Landlord, provide Landlord with evidence of appropriate insurance for the property management company engaged by Tenant and for the service contractors engaged thereunder, coordinate such Tenant-provided service activities with Landlord’s property management staff, and provide such regular periodic reports as Landlord may reasonably require (such as reports of the type described under Section 10.4(c) for equipment servicing) to ensure that the Premises, the Building’s base building systems, and the Building Site are being maintained and serviced by Tenant in accordance with the First-Class Service Standard, together with immediate reporting of any incidents or conditions adversely affecting any base building systems or equipment, structural or building shell elements (including the roof), or any exterior elements of the Building or the Building Site. Notwit...
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Related to Self-Management of Building Services

  • Building Services To install, use and maintain through the Premises, pipes, conduits, wires and ducts serving the Building, provided that such installation, use and maintenance does not unreasonably interfere with Tenant's use of the Premises.

  • Personnel, Office Space, and Facilities of Manager The Manager at its own expense shall furnish or provide and pay the cost of such office space, office equipment, office personnel, and office services as the Manager requires in the performance of its investment advisory and other obligations under this Agreement.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Property Management Borrower will provide for professional management of the Mortgaged Property by the Property Manager at all times under a property management agreement approved by Lender in writing. Borrower will not surrender, terminate, cancel, modify, renew or extend its property management agreement, or enter into any other agreement relating to the management or operation of the Mortgaged Property with Property Manager or any other Person, or consent to the assignment by the Property Manager of its interest under such property management agreement, in each case without the consent of Lender, which consent will not be unreasonably withheld.

  • Standard Tenant Services Landlord shall provide the following services on all days (unless otherwise stated below) during the Lease Term.

  • Premises Parking and Common Areas 2.1 Letting Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental, and upon all of the terms covenants and conditions set forth in this Lease. Unless otherwise provided herein, any statement of square footage set forth in this Lease, or that may have been used in calculating rental and/or Common Area Operating Expenses, is an approximation which Lessor and Lessee agree is reasonable and the rental and Lessee's Share (as defined in Paragraph 1.6(b)) based thereon is not subject to revision whether or not the actual square footage is more or less.

  • Landlord Services Any services provided by, or on behalf of, Landlord will not prevent any amounts received or accrued from qualifying as "Rents from real property" (within the meaning of Section 856(d)(2) or Section 512(b)(3) of the Code).

  • LANDLORD'S SERVICES Provided Tenant is not in default hereunder, Landlord shall, at Landlord's expense, except as provided to the contrary in this Lease, furnish to Tenant the following services:

  • Construction Management Landlord or its Affiliate or agent shall supervise the Work, make disbursements required to be made to the contractor, and act as a liaison between the contractor and Tenant and coordinate the relationship between the Work, the Building and the Building’s Systems. In consideration for Landlord’s construction supervision services, Tenant shall pay to Landlord a construction supervision fee equal to three percent (3%) of Tenant’s Costs specified in Section 7.

  • Utility Services The Owner represents that, to the best of its knowledge, all utility services required to construct and operate the Project (including, without limitation, public water, sewer and electricity) are currently available to the Property in the capacities required to operate the Project. No work need be performed by or on behalf of the Developer to make such utilities available to the Property for the construction or operation of the Project, except for the matters, if any, set forth on Exhibit "D". Copies of letters from the providers of such utility services confirming such availability are annexed hereto as Exhibit "G".

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