Separation of Space Sample Clauses

Separation of Space. This site currently contains two (2) practice groups (PDG General Dentistry and OCS) within the leased premises. ADPI Parties and PDG Parties anticipate (with the landlord’s cooperation) dividing this space into two (2) completely separate and distinct leased areas with their own independent lease. This plan requires the following documents and issues to be addressed in order to transfer this Assigned Lease: (i) PDHC and landlord will enter into a new lease for the space currently occupied by OCS; (ii) PDHC and landlord will execute an amendment to the existing lease removing the space currently occupied by OCS from the existing lease; (iii) PDHC will assign all of PDHC’s interests under the existing lease to PDG and PDG shall assume such interests and obligations arising after such assignment; (iv) PDHC and PDG Parties agree that the existing building signage shall be divided between the parties on the basis of the rented square footage of the separate leases and each Parties’ respective building sign(s) shall only be located over their respective space within the building, provided, however, that PDG shall remove and resize one or both of the existing “Brookpark Dental Center” signs as necessary, to permit PDHC to place the “Orthodontic Care Specialists, Ltd.” identifying sign on the building (which sign shall not exceed PDHC’s pro rata share of the existing building sign square footage) which sign shall be in compliance with the landlord’s and/or any city or municipal requirements, and with respect to the monument signage PDG shall retain the “Brookpark Dental Center” signage and location and PDHC will retain the “Orthodontic Care Specialists, Ltd.” signage and location; and (v) this separation of space will require certain tenant improvements to be installed/modified including but not limited to lockable doors and walls to separate the spaces, one or both new spaces will need to be re-keyed, separate metering/submetering, and separate controls, of water, sewer, gas and electric services to each leased premises (to the extent such metering and/or controlling is feasible in a cost effective manner considering the length of the remainder of the term of the Assigned Lease and possible extensions thereof), re-keying the existing staff bathrooms so that one can be used by PDHC’s patients and one can be used by PDHC and PDG staff, and separate trash receptacles will need to be provided. The Parties acknowledge that the mechanical room, the patient and staff b...
AutoNDA by SimpleDocs

Related to Separation of Space

  • Retention of Services The Company hereby retains the services of Employee, and Employee agrees to furnish such services, upon the terms and conditions hereinafter set forth.

  • Exercise After Termination of Employment (A) Except as otherwise provided in this Agreement, the OPTION shall be exercisable only while the OPTIONEE is in the employment of the COMPANY and then only if the OPTION has become exercisable by its terms, and if not exercisable by its terms at the time the OPTIONEE ceases to be in the employment of the COMPANY, shall immediately expire on the date of termination of employment.

  • Delivery of Materials upon Termination of Employment As requested by the Company from time to time and upon the termination of Executive's employment with the Company for any reason, Executive shall promptly deliver to the Company all copies and embodiments, in whatever form, of all Confidential Information and Intellectual Property in Executive's possession or within his control (including, but not limited to, written records, notes, photographs, manuals, notebooks, documentation, program listings, flow charts, magnetic media, disks, diskettes, tapes and all other materials containing any Confidential Information or Intellectual Property) irrespective of the location or form of such material and, if requested by the Company, shall provide the Company with written confirmation that all such materials have been delivered to the Company.

  • Condition of Subleased Premises (a) Subtenant shall maintain and repair the Subleased Premises in a manner consistent with Sublandlord’s obligations under the Lease. Sublandlord shall have the right to enter the Subleased Premises from time to time upon reasonable prior notice to Subtenant, during normal business hours and escorted by Subtenant (if Subtenant makes such escort reasonably available). Sublandlord’s right of entry shall include the right of inspection to confirm that Subtenant is in compliance with all applicable maintenance and repair obligations set forth in the Lease. In the event that Sublandlord determines, in Sublandlord’s reasonable opinion, that Subtenant is in default of any maintenance and/or repair obligation set forth in the Lease, and such default may incur liability to Sublandlord upon the surrender of the Subleased Premises upon the expiration or earlier termination of the Lease (a “Required Repair Item”), then Sublandlord shall have the right to notify Subtenant of any such Required Repair Items. Subtenant shall be obligated to cure such Required Repair Items within thirty (30) days of such notice from Sublandlord, or, if such Required Repair Items cannot be reasonably completed in such thirty (30) day period, such longer period as reasonably necessary to cure such Required Repair Items, so long as Subtenant has commenced such cure and diligently pursues such cure to completion. In no event shall Sublandlord’s rights hereunder impose any additional and/or greater repair or maintenance standards from those set forth in the Lease. In the event Subtenant fails to cure such Required Repair Items as set forth above, then such failure shall be deemed a default under this Sublease, entitling Sublandlord to exercise any of its rights and remedies herein, including, without limitation, the self help rights set forth in Section 6(b) above.

  • Condition of Expansion Space Tenant has inspected the Expansion Space and agrees to accept the same “as is” without any agreements, representations, understandings or obligations on the part of Landlord to perform any alterations, repairs or improvements, except as may be expressly provided otherwise in this Amendment.

  • EXPIRATION OF EMPLOYMENT TERM; NON-EXTENSION OF AGREEMENT Upon the expiration of the Employment Term due to a non-extension of the Agreement by the Company or the Employee pursuant to the provisions of Section 2 hereof.

  • Termination of Services If the Optionee’s services with the Company and all Related Corporations are terminated for any reason (other than death or disability) prior to the Expiration Date, then this Option may be exercised by Optionee, to the extent of the number of Common Shares with respect to which the Optionee could have exercised it on the date of such termination of services, at any time prior to the earlier of (i) the Expiration Date, or (ii) three months after such termination of services. Any part of the Option that was not exercisable immediately before the termination of Optionee’s services shall terminate at that time.

  • RELOCATION OF PREMISES Landlord shall have the right to relocate the Premises to another part of the Building in accordance with the following:

  • Death After Termination of Employment But Before Benefit Payments Commence If the Executive is entitled to benefit payments under this Agreement, but dies prior to the commencement of said benefit payments, the Company shall pay the benefit payments to the Executive's beneficiary that the Executive was entitled to prior to death except that the benefit payments shall commence on the first day of the month following the date of the Executive's death.

  • Location of Services Officer is required to perform his services under this Agreement at such present or future business location of Company as may be designated by the Chief Executive Officer in the Counties of Los Angeles, Orange or Ventura, California or wherever the Corporate Headquarters of Employer may be located.

Time is Money Join Law Insider Premium to draft better contracts faster.