Common use of SIGNAGE/DIRECTORY Clause in Contracts

SIGNAGE/DIRECTORY. Provided Tenant is not in default hereunder, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” and made part hereof), Tenant shall have the right to (i) one (1) line in the lobby directory during the Term and (ii) Project-standard suite entry signage. In addition, provided Tenant is not in default hereunder, Tenant shall have the right, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” and made part hereof), to install (i) a strip on the Project’s “monument” sign (“Monument Signage”) and (ii) one (1) building-top sign at the top of the Project (“Building-Top Signage”). The Monument Signage and the Building-Top Signage may be collectively referred to herein as “Tenant’s Signage”. The graphics, materials, size, color, design, lettering, lighting (if any), specifications and exact location of Tenant’s Signage (collectively, the “Signage Specifications”) shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld. In addition, Tenant’s Signage and all Signage Specifications therefore shall be subject to Tenant’s receipt of all required governmental permits and approvals, shall be subject to all applicable governmental laws and ordinances, and all covenants, conditions and restrictions affecting the Project. Tenant hereby acknowledges that, notwithstanding Landlord’s approval of Tenant’s Signage and/or the Signage Specifications therefor, Landlord has made no representations or warranty to Tenant with respect to the probability of obtaining such approvals and permits. In the event Tenant does not receive the necessary permits and approvals for Tenant’s Signage, Tenant’s and Landlord’s rights and obligations under the remaining provisions of this Lease shall not be affected. The cost of installation of Tenant’s Signage, as well as all costs of design and construction of Tenant’s Signage and all other costs associated with Tenant’s Signage, including, without limitation, permits, maintenance and repair, shall be the sole responsibility of Tenant. Notwithstanding anything to the contrary contained herein, in the event that at any time during the Term of this Lease, Tenant fails to occupy at least 15,000 square feet of the Premises, Tenant’s right to the Building-Top Signage shall thereupon terminate and Tenant shall remove the Building-Top Signage as provided in this Article 31 below. The rights to Tenant’s Signage shall be personal to the originally named Tenant and may not be transferred. Should the Signage require maintenance or repairs as determined in Landlord’s reasonable judgment, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause such repairs and/or maintenance to be performed within thirty (30) days after receipt of such notice from Landlord at Tenant’s sole cost and expense. Should Tenant fail to perform such maintenance and repairs within the period described in the immediately preceding sentence, Landlord shall have the right to cause such work to be performed and to charge Tenant, as Additional Rent, for the cost of such work. Upon the expiration or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage right as described above), Tenant shall, at Tenant’s sole cost and expense, cause the Tenant’s Signage to be removed from the monument and the exterior of the Project and shall cause the monument and the exterior of the Project to be restored to the condition existing prior to the placement of Tenant’s Signage. If Tenant fails to remove Tenant’s Signage and to restore the monument and the exterior of the Project as provided in the immediately preceding sentence within thirty (30) days following the expiration or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage as provided above), then Landlord may perform such work, and all costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within ten (10) days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or earlier termination of this Lease.

Appears in 2 contracts

Samples: Standard Office Lease (Vital Therapies Inc), Standard Office Lease (Vital Therapies Inc)

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SIGNAGE/DIRECTORY. Provided Tenant is not in default hereunder, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” Tenant, at Tenant’s sole cost and made part hereof)expense, Tenant shall have the right to (i) one (1) line have its business name and corresponding suite number listed in the lobby directory during the Term and (ii) Project-standard suite entry signageTerm. In addition, provided Provided Tenant is not in default hereunder, Tenant shall have the right, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” at Tenant’s sole cost and made part hereof), expense to install (i) a strip Project standard sign on the Project’s “monument” sign (“Monument Signage”) and (ii) one (1) building-top sign at the top entrance of the Project Premises in conformity with all applicable laws and ordinances (“Building-Top Signage”). The Monument Signage and the Building-Top Signage may be collectively referred to herein as “Tenant’s Signage”). The Tenant’s Signage shall be subject to Landlord’s approval as to, without limitation, size, design, location, graphics, materials, size, color, colors and similar specifications and shall be consistent with the exterior design, lettering, lighting (if any), specifications materials and exact location appearance of Tenantthe Project and the Project’s Signage (collectively, the “Signage Specifications”) signage program and shall be further subject to the prior written approval all matters of Landlord, which approval shall not be unreasonably withheld. In addition, Tenant’s Signage record and all Signage Specifications therefore shall be subject to applicable governmental laws, rules, regulations, codes and Tenant’s receipt of all required governmental permits and approvals, shall be subject to all other governmental approvals and any applicable governmental laws and ordinances, and all covenants, conditions and restrictions affecting the Projectrestrictions. Tenant hereby acknowledges that, notwithstanding Landlord’s approval of Tenant’s Signage and/or the Signage Specifications therefor, Landlord has made no representations or warranty to Tenant with respect to the probability of obtaining such approvals and permits. In the event Tenant does not receive the necessary permits and approvals for Tenant’s Signage, Tenant’s and Landlord’s rights and obligations under the remaining provisions of this Lease shall not be affected. The cost of installation of Tenant’s Signage, as well as all costs of design and construction of Tenant’s Signage and all other costs associated with Tenant’s Signage, including, without limitation, permits, maintenance and repair, shall be the sole responsibility of Tenant. Notwithstanding anything to the contrary contained herein, in the event that at any time during the Term of this Lease, Tenant fails to occupy at least 15,000 square feet of the Premises, Tenant’s right to the Building-Top Signage shall thereupon terminate and Tenant shall remove the Building-Top Signage as provided in this Article 31 below. The rights to Tenant’s Signage shall be personal to the originally named Tenant and may not be transferredassigned to any assignee or sub lessee, or any other person or entity. Should Landlord has the right, but not the obligation, to oversee the installation of Tenant’s Signage. The cost to maintain and operate, if any, Tenant’s Signage require maintenance or repairs as determined in Landlord’s reasonable judgmentshall be paid for by Tenant, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause be separately metered for such repairs and/or maintenance to be performed within thirty expense (30) days after receipt of such notice from Landlord at Tenant’s sole cost and expense. Should Tenant fail to perform such maintenance and repairs within the period described in the immediately preceding sentence, Landlord shall have the right to cause such work to be performed and to charge Tenant, as Additional Rent, for the cost of such workseparately metering any utility usage shall also be paid for by Tenant). Upon the expiration of the Term, or other earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage right as described above)Lease, Tenant shall, at Tenant’s sole cost and expensecost, cause the removal of Tenant’s Signage (provided that Landlord shall have the right, at its election, to be removed from the monument and the exterior of the Project and shall cause the monument and the exterior of the Project to be restored to the condition existing prior to the placement perform such removal on behalf of Tenant’s Signage. If Tenant fails to remove , at Tenant’s Signage and to restore the monument and the exterior of the Project as provided in the immediately preceding sentence within thirty expense). Such costs shall (30i) days following the expiration or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage as provided above), then Landlord may perform such work, and all costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord payable within ten (10) business days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive following written demand therefor from Landlord, and (ii) include, without limitation, the expiration or earlier termination of this Leasecost to repair and restore the Project to its original condition, normal wear and tear excepted.

Appears in 1 contract

Samples: Standard Office Lease (Wowio, Inc.)

SIGNAGE/DIRECTORY. [Provided Tenant is not in default hereunder, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” Tenant, at sole cost and made part hereof)expense, Tenant shall have the right to (i) one (1) line in the lobby directory during the Term and (ii) Project-standard suite entry signageTerm. In addition, provided Provided Tenant is not in default hereunder, Tenant shall have the right, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” at Tenant’s sole cost and made part hereof)expense, to install (i) a [an “eyebrow” sign on the Project’s exterior][a strip on the Project’s “monument” sign sign] (“Monument Signage”) and (ii) one (1) building-top sign at the top of the Project (“Building-Top Signage”). The Monument Signage and the Building-Top Signage may be collectively referred to herein as “Tenant’s Signage”). The [ADD THE FOLLOWING LANGUAGE IF THERE IS A CHARGE FOR TENANT’S SIGNAGE: Tenant shall furthermore pay to Landlord, on or before the first day of each month during the Term, without demand, offset or deduction, an amount equal to $ as consideration for the right to maintain Tenant’s Signage.] Tenant’s Signage shall be subject to Landlord’s approval as to, without limitation, size, design, location, graphics, materials, size, color, colors and similar specifications and shall be consistent with the exterior design, lettering, lighting (if any), specifications materials and exact location appearance of Tenantthe Project and the Project’s Signage (collectively, the “Signage Specifications”) signage program and shall be further subject to the prior written approval all matters of Landlord, which approval shall not be unreasonably withheld. In addition, Tenant’s Signage record and all Signage Specifications therefore shall be subject to applicable governmental laws, rules, regulations, codes and Tenant’s receipt of all required governmental permits and approvals, shall be subject to all other governmental approvals and any applicable governmental laws and ordinances, and all covenants, conditions and restrictions affecting the Projectrestrictions. Tenant hereby acknowledges that, notwithstanding Landlord’s approval of Tenant’s Signage and/or the Signage Specifications therefor, Landlord has made no representations or warranty to Tenant with respect to the probability of obtaining such approvals and permits. In the event Tenant does not receive the necessary permits and approvals for Tenant’s Signage, Tenant’s and Landlord’s rights and obligations under the remaining provisions of this Lease shall not be affected. The cost of installation of Tenant’s Signage, as well as all costs of design and construction of Tenant’s Signage and all other costs associated with Tenant’s Signage, including, without limitation, permits, maintenance and repair, shall be the sole responsibility of Tenant. Notwithstanding anything to the contrary contained herein, in the event that at any time during the Term of this Lease, Tenant fails to occupy at least 15,000 square feet of the Premises, Tenant’s right to the Building-Top Signage shall thereupon terminate and Tenant shall remove the Building-Top Signage as provided in this Article 31 below. The rights to Tenant’s Signage shall be personal to the originally named Original Tenant and may not be transferredassigned to any assignee or sublessee, or any other person or entity. Should Landlord has the right, but not the obligation, to oversee the installation of Tenant’s Signage. The cost to maintain and operate, if any, Tenant’s Signage require maintenance or repairs as determined in Landlord’s reasonable judgmentshall be paid for by Tenant, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause be separately metered for such repairs and/or maintenance to be performed within thirty expense (30) days after receipt of such notice from Landlord at Tenant’s sole cost and expense. Should Tenant fail to perform such maintenance and repairs within the period described in the immediately preceding sentence, Landlord shall have the right to cause such work to be performed and to charge Tenant, as Additional Rent, for the cost of such workseparately metering any utility usage shall also be paid for by Tenant). Upon the expiration of the Term, or other earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage right as described above)Lease, Tenant shall, at Tenant’s sole cost and expensecost, cause the removal of Tenant’s Signage (provided that Landlord shall have the right, at its election, to perform such removal on behalf of Tenant, at Tenant’s expense). Such costs shall (i) be removed payable within three (3) business days following written demand therefor from Landlord, and (ii) include, without limitation, the monument cost to repair and the exterior of the Project and shall cause the monument and the exterior of restore the Project to be restored to the condition existing prior to the placement of Tenant’s Signage. If Tenant fails to remove Tenant’s Signage its original condition, normal wear and to restore the monument and the exterior of the Project as provided in the immediately preceding sentence within thirty (30) days following the expiration or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage as provided above), then Landlord may perform such work, and all costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within ten (10) days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or earlier termination of this Leasetear excepted.]

Appears in 1 contract

Samples: Transfer and Substitution of Indemnitor (Hudson Pacific Properties, Inc.)

SIGNAGE/DIRECTORY. Provided Tenant is not in default hereunder, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” Tenant, at Tenant’s sole cost and made part hereof)expense, Tenant shall have the right to (i) one (1) line a building standard number of lines in the lobby directory during the Term and Lease Term, (ii) building standard multi-tenant floor signage, (iii) “Alliance Bank Customer Parking” directional signage at the entrance to the “Monthly only” surface lot to the south of the Project-standard suite entry signage; and (iv) lobby signs in the ground floor lobby directing bank customers to the branch at the east side of the Project. In addition, provided Provided Tenant is not in default hereunder, Tenant shall also have the right, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” and made part hereof), to install (i) a strip on the Project’s “monument” sign (“Monument Signage”) and (ii) one (1) building-top sign at the top of the Project (“Building-Top Signage”). The Monument Signage and the Building-Top Signage may be collectively referred to herein as “Tenant’s Signage”. The graphics, materials, size, color, design, lettering, lighting (if any), specifications and exact location of Tenant’s Signage (collectively, the “Signage Specifications”) shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld. In addition, Tenant’s Signage and all Signage Specifications therefore shall be subject to Tenant’s receipt of all required governmental permits and approvals, shall be subject to all applicable governmental laws and ordinances, and all covenants, conditions and restrictions affecting the Project. Tenant hereby acknowledges that, notwithstanding Landlord’s approval of Tenant’s Signage and/or the Signage Specifications therefor, Landlord has made no representations or warranty to Tenant with respect to the probability of obtaining such approvals and permits. In the event Tenant does not receive the necessary permits and approvals for Tenant’s Signage, Tenant’s and Landlord’s rights and obligations under the remaining provisions of this Lease shall not be affected. The cost of installation of Tenant’s Signage, as well as all costs of design and construction of Tenant’s Signage and all other costs associated with Tenant’s Signage, including, without limitation, permits, maintenance and repair, shall be the sole responsibility of Tenant. Notwithstanding anything to the contrary contained herein, in the event that at any time during the Term of this Lease, Tenant fails to occupy at least 15,000 square feet of the Premises, Tenant’s right to the Building-Top Signage shall thereupon terminate and Tenant shall remove the Building-Top Signage as provided in this Article 31 below. The rights to Tenant’s Signage shall be personal to the originally named Tenant and may not be transferred. Should the Signage require maintenance or repairs as determined in Landlord’s reasonable judgment, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause such repairs and/or maintenance to be performed within thirty (30) days after receipt of such notice from Landlord at Tenant’s sole cost and expense. Should Tenant fail to perform such maintenance and repairs within the period described in the immediately preceding sentence, Landlord shall have the right to cause such work to be performed and to charge Tenant, as Additional Rent, for the cost of such work. Upon the expiration or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage right as described above), Tenant shall, at Tenant’s sole cost and expense, cause to install a strip on each of the existing monument sign located on Burbank Boulevard and the monument sign located at the entrance of the parking lot (collectively, “Tenant’s Signage”). Tenant’s Signage shall be subject to Landlord’s approval as to size, design, location, graphics, materials, colors and similar specifications and shall be removed from the monument and consistent with the exterior design, materials and appearance of the Project and the Project’s signage program and shall cause be further subject to all applicable local governmental laws, rules, regulations, codes and other approvals. Tenant’s Signage may be assigned to an affiliate of Tenant. Landlord has the monument and right, but not the exterior of obligation, to oversee the Project to be restored to the condition existing prior to the placement installation of Tenant’s Signage. If Tenant fails The cost to remove operate, if any, Tenant’s Signage shall be paid for by Tenant, and to restore Tenant shall be separately metered for such expense (the monument and cost of separately metering any utility usage shall also be paid for by Tenant). Upon the exterior expiration of the Project as provided in the immediately preceding sentence within thirty (30) days following the expiration Lease Term, or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage as provided above), then Landlord may perform such work, and all costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within ten (10) days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or other earlier termination of this Lease, Tenant shall be responsible for any and all costs associated with the removal of Tenant’s Signage, including, but not limited to, the cost to repair and restore the Project to its original condition, normal wear and tear excepted.

Appears in 1 contract

Samples: Standard Office Lease (Alliance Bancshares California)

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SIGNAGE/DIRECTORY. Provided Tenant is not in default hereunder, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” Tenant, at Tenant's sole cost and made part hereof)expense, Tenant shall have the right to (i) one (1) line in the lobby directory during the Term and (ii) Project-standard suite entry signageTerm. In addition, provided Provided Tenant is not in default hereunder, the Original Tenant shall have the right, as a charge at Tenant's sole cost and expense, to continue to use and maintain the existing monument sign located in front of the entrance to the Improvement Allowance Premises and currently used by Tenant pursuant to the Existing Lease (as defined in the Tenant Work Letter attached hereto as Exhibit “D” and made part hereof), to install below) (i) a strip on the Project’s “monument” sign (“Monument "Tenant's Signage”) and (ii) one (1) building-top sign at the top of the Project (“Building-Top Signage”"). The Monument Tenant's Signage and the Building-Top Signage may shall be collectively referred subject to herein Landlord's approval as “Tenant’s Signage”. The to, without limitation, size, design, location, graphics, materials, size, color, colors and similar specifications and shall be consistent with the exterior design, lettering, lighting (if any), specifications materials and exact location appearance of Tenant’s Signage (collectively, the “Signage Specifications”) Project and the Project's signage program and shall be further subject to the prior written approval all matters of Landlord, which approval shall not be unreasonably withheld. In addition, Tenant’s Signage record and all Signage Specifications therefore shall be subject to applicable governmental laws, rules, regulations, codes and Tenant’s 's receipt of all required governmental permits and approvals, shall be subject to all other governmental approvals and any applicable governmental laws and ordinances, and all covenants, conditions and restrictions affecting the Projectrestrictions. Tenant hereby acknowledges that, notwithstanding Landlord’s approval of Tenant’s Signage and/or the Signage Specifications therefor, Landlord has made no representations or warranty to Tenant with respect to the probability of obtaining such approvals and permits. In the event Tenant does not receive the necessary permits and approvals for Tenant’s Signage, Tenant’s and Landlord’s rights and obligations under the remaining provisions of this Lease shall not be affected. The cost of installation of Tenant’s Signage, as well as all costs of design and construction of Tenant’s Signage and all other costs associated with Tenant’s Signage, including, without limitation, permits, maintenance and repair, shall be the sole responsibility of Tenant. Notwithstanding anything to the contrary contained herein, in the event that at any time during the Term of this Lease, Tenant fails to occupy at least 15,000 square feet of the Premises, Tenant’s right to the Building-Top Signage shall thereupon terminate and Tenant shall remove the Building-Top Signage as provided in this Article 31 below. The rights to Tenant’s 's Signage shall be personal to the originally named Original Tenant and may not be transferredassigned to any assignee or sublessee, or any other person or entity. Should Landlord has the right, but not the obligation, to oversee the installation of Tenant's Signage. The cost to maintain and operate, if any, Tenant's Signage require maintenance or repairs as determined in Landlord’s reasonable judgmentshall be paid for by Tenant, Landlord shall have the right to provide written notice thereof to Tenant and Tenant shall cause be separately metered for such repairs and/or maintenance to be performed within thirty expense (30) days after receipt of such notice from Landlord at Tenant’s sole cost and expense. Should Tenant fail to perform such maintenance and repairs within the period described in the immediately preceding sentence, Landlord shall have the right to cause such work to be performed and to charge Tenant, as Additional Rent, for the cost of such workseparately metering any utility usage shall also be paid for by Tenant). Upon the expiration of the Term, or other earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage right as described above)Lease, Tenant shall, at Tenant’s 's sole cost, cause the removal of Tenant's Signage (provided that Landlord shall have the right, at its election, to perform such removal on behalf of Tenant, at Tenant's expense). Such costs shall (i) be payable within three (3) business days following written demand therefor from Landlord, and (ii) include, without limitation, the cost to repair and restore the Project to its original condition, normal wear and tear excepted. On or prior to the Commencement Date, Tenant shall be required, at Tenant's sole cost and expense, cause the Tenant’s Signage to be removed from the monument and the exterior remove any signage installed by or on behalf of the Project and shall cause the monument and the exterior of the Project to be restored Tenant pursuant to the condition existing prior to the placement of Tenant’s Signage. If Tenant fails to remove Tenant’s Signage and to restore the monument and the exterior of the Project as provided in the immediately preceding sentence within thirty (30) days following the expiration or earlier termination of this Existing Lease (or the termination of other than Tenant’s Building-Top Signage as provided above), then Landlord may perform 's Signage) and repair any damage resulting from such work, and all costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within ten (10) days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or earlier termination of this Leaseremoval.

Appears in 1 contract

Samples: Standard Office Lease (Alliance Fiber Optic Products Inc)

SIGNAGE/DIRECTORY. Provided Tenant is not in default hereunderTenant, as a charge at Tenant’s sole cost and expense, shall have all of the signage rights appurtenant to the Improvement Allowance 2727 Parcel (as defined in the Tenant Work Letter collectively, “Tenant’s Signage”), subject to (i) Tenant’s signage specifications attached hereto as Exhibit “DEand made part hereof(the “Tenant’s Proposed Signage”), Tenant shall have the right to (i) one (1) line in the lobby directory during the Term and (ii) Project-standard suite entry signage. In additionall applicable local governmental laws, provided Tenant is not in default hereunderrules, Tenant shall have the rightregulations, as a charge to the Improvement Allowance (as defined in the Tenant Work Letter attached hereto as Exhibit “D” codes and made part hereof)other approvals, to install (i) a strip on the Project’s “monument” sign (“Monument Signage”) and (iiiii) one (1) building-top sign at the top of the Project (“Building-Top Signage”). The Monument Signage and the Building-Top Signage may be collectively referred to herein as “Tenant’s Signage”. The graphics, materials, size, color, design, lettering, lighting (if any), specifications and exact location of Tenant’s Signage (collectively, the “Signage Specifications”) shall be subject to the prior written approval of Landlord, which approval shall not be unreasonably withheld. In addition, withheld so long as Tenant’s Signage and all Signage Specifications therefore shall be subject does not diminish in any manner whatsoever the signage rights available to Tenant’s receipt Landlord or the occupant of all required governmental permits and approvals, shall be subject to all applicable governmental laws and ordinances, and all covenants, conditions and restrictions affecting the Project. Tenant hereby acknowledges that, notwithstanding Landlord’s approval of Tenant’s Signage and/or the Signage Specifications therefor, Landlord has made no representations or warranty to Tenant 2767 Parcel with respect to the probability of obtaining such approvals and permits. In 2767 Parcel or the event Project; provided, that if Landlord withholds its approval because its signage rights would be so diminished, Tenant does not receive the necessary permits and approvals for Tenant’s Signage, Tenant’s and Landlord’s rights and obligations under the remaining provisions of this Lease shall not thereby be affected. The cost of installation of Tenant’s Signage, as well as all costs of design and construction of Tenant’s Signage and all other costs associated with Tenant’s Signage, including, without limitation, permits, maintenance and repair, shall be the sole responsibility of Tenant. Notwithstanding anything deemed to the contrary contained herein, in the event that at any time during the Term of this Lease, Tenant fails to occupy at least 15,000 square feet of the Premises, Tenant’s have forfeited its right to the Building-Top Signage shall thereupon terminate and Tenant shall remove the Building-Top Signage as provided in this Article 31 belowrepresentation, on a pro rata basis, on any signage rights available to Landlord. The rights to Tenant’s Signage shall be personal to the originally named Original Tenant (and the occupant of the Premises pursuant to a Permitted Transfer) and may not be transferred. Should the Signage require maintenance assigned to any assignee or repairs as determined in sublessee, or any other person or entity without Landlord’s reasonable judgmentprior written approval, Landlord which approval shall not be unreasonably withheld. Tenant’s Signage rights exercised by any approved assignee or sublessee shall be subject to Landlord’s prior written approval, which approval shall not be unreasonably withheld. The cost to operate, illuminate, install, remove, maintain, repair, replace and remove Tenant’s Signage shall be paid for by Tenant; provided, however, that if pursuant to the foregoing restrictions, Tenant has the right, and elects, to install a multi-tenant monument sign on the 2727 Parcel on which Tenant and the occupant of the 2767 Parcel are both represented, then (x) the sign panel for the 2727 Parcel and 2767 Parcel shall be equal in size, (y) Tenant shall have the right to provide written notice thereof to Tenant be in the top priority position thereon, and (z) Tenant shall cause pay fifty percent (50%) of the costs associated with such repairs and/or maintenance to be performed within thirty monument sign, as well as one hundred percent (30100%) days after receipt of such notice from Landlord the costs associated with Tenant’s sign panel(s). Furthermore, at Landlord’s option (but at Tenant’s sole cost and expense. Should ), Tenant fail shall be separately metered for any electrical costs relating to perform such maintenance the operation and repairs within the period described in the immediately preceding sentenceillumination of Tenant’s signage, Landlord shall have the right to cause such work to be performed and to charge Tenant, as Additional Rent, for the cost of such workseparately metering any utility usage shall also be paid for by Tenant (or shared equally with the occupant of the 2767 Parcel, as the case may be, with respect to a multi-tenant monument sign). Upon the expiration or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage right as described above), Tenant shall, at Tenant’s sole cost and expense, cause the Tenant’s Signage to be removed from the monument and the exterior of the Project and shall cause the monument and the exterior of the Project to be restored to the condition existing prior to the placement of Tenant’s Signage. If Tenant fails to remove Tenant’s Signage and to restore the monument and the exterior of the Project as provided in the immediately preceding sentence within thirty (30) days following the expiration Lease Term, or earlier termination of this Lease (or the termination of Tenant’s Building-Top Signage as provided above), then Landlord may perform such work, and all costs and expenses incurred by Landlord in so performing such work shall be reimbursed by Tenant to Landlord within ten (10) days after Tenant’s receipt of invoice therefor. The immediately preceding sentence shall survive the expiration or other earlier termination of this Lease, Tenant shall be responsible for any and all costs associated with the removal of Tenant’s Signage, including, but not limited to, the cost to repair and restore the Project to its original condition, normal wear and tear excepted.

Appears in 1 contract

Samples: Standard Office Lease (Capitalsource Inc)

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