Tenant's Building Clause Samples
The 'Tenant’s Building' clause defines the specific building or structure that is either owned, leased, or occupied by the tenant under the lease agreement. This clause typically identifies the physical boundaries, address, and sometimes the permitted use of the building, ensuring both parties are clear about which property is subject to the lease terms. By precisely specifying the tenant’s building, the clause helps prevent disputes over property rights, maintenance responsibilities, and use restrictions, thereby ensuring clarity and reducing the risk of misunderstandings between landlord and tenant.
Tenant's Building. Top Sign may (but shall not be required to) face SR56 and shall be located on the skin of the Building in the location shown on the Signage Criteria. The specifications, plans and elevations for Tenant's Signs (including the graphics, materials, color, design, lettering, height, lighting, size and quality) shall be subject to Landlord's approval, which shall not be unreasonably withheld or delayed and shall be consistent with the Signage Criteria for the Project. Tenant's Signs shall be installed under the supervision of Landlord by a contractor reasonably approved by Landlord and shall be installed in a lien-free manner in accordance with the provisions of this Lease. Tenant's signs shall be maintained, at the sole cost and expense of Tenant, pursuant to a maintenance program approved by Landlord.
Tenant's Building. I Square Footage shall mean 117,201 rentable square feet (which shall increase to 128,240 rentable square feet if and when the option for the Second Expansion Premises is exercised by Tenant); Total Building I Square Footage of Building I shall mean 128,240 rentable square feet.
Tenant's Building. Signage Right, granted herein, shall be deemed revoked and terminated upon occurrence of any of the following events:
(a) Tenant shall be in default, as defined in Article 26, and shall not have cured said default for a period of sixty (60) days or longer period of time if the nature of said failure would reasonably take a longer period of time to cure, provided Tenant is acting to cure said failure in a diligent “good-faith” manner.
(b) Tenant shall assign this Lease except for an assignment governed by Article 9 hereof.
(c) This Lease shall terminate or otherwise no longer be in effect herein.
Tenant's Building. The building (“Tenant’s Building”) containing approximately 1,214,572 square feet.
Tenant's Building. I Pro Rata Share of any Operating Costs for Building I and Tenant’s Building II Pro Rata Share of any Operating Costs for Building II. For the purposes of the calculation, assessment and payment of any Operating Costs pursuant to this Section 3.3, the term “Building” as used therein shall mean either Building I or Building II, as the case may be.
Tenant's Building. II Pro Rata Share shall mean 17.97%.
Tenant's Building. II Square Footage shall mean 23,163 rentable square feet until the Expansion Premises Termination Date, and thereafter it shall be zero; Total Building II Square Footage of Building II shall mean 128,934 rentable square feet.
Tenant's Building. (a) Tenant has delivered to Landlord its general design elevations which include Tenant's proposed general physical characteristics of the Tenant's Building, exterior materials, exterior color scheme and building heights. Landlord has approved the construction of a restaurant substantially in accordance with the Silver Diner prototype plans identified in Exhibit B-2 ("Tenant's Plans"). Tenant has delivered to Landlord a plan which depicts the location of all utilities entering the Tenant's Building and will deliver detailed plans for the same within thirty (30) days after the date hereof ("Tenant's Utilities Plans"). Tenant's Utilities Plans are subject to Landlord's approval, which approval Landlord shall not unreasonably withhold or delay.
(b) Tenant agrees to build Tenant's Building, exclusive of Tenant's leasehold improvements, furniture and fixtures, on behalf of Landlord. Such work shall be accomplished by Tenant entering into an $800,000.00 fixed price contract ("Construction Contract") with Uniwest Construction, Inc. ("general contractor") to build a Silver Diner building in accordance with Tenant's Plans. Payments under such contract shall not exceed for any reason whatsoever $800,000.00 and shall be made by Landlord in monthly installments based upon the work completed, less a 10% retention, upon receipt by Landlord of (i) written certification from Tenant and the general contractor as to percentage of work that has been completed; and (ii) receipt of partial lien releases from the general contractor and subcontractors having contracts for $10,000. Landlord shall pay the general contractor for the balance of the construction payment upon the happening of the following events: (i) completion of the Building; (ii) receipt by Landlord of a Use and Occupancy Permit or its equivalent which Tenant shall obtain; and (iii) receipt of final lien release from the general contractor and subcontractors having contracts over $10,000. Notwithstanding the fact that Tenant is executing the Construction Contract, ownership of the Building constructed pursuant to the Construction Contract shall belong to the Landlord. If Landlord wrongfully fails to make any payments to the general contractor in accordance with the requirements above, Tenant shall have the right to make such payments after giving Landlord ten (10) days prior written notice and opportunity to cure, and in such event the Rent Commencement Date shall not commence, even if Tenant has opened for busine...
Tenant's Building. I Pro Rata Share shall mean 91.4%.
Tenant's Building. Top Sign shall remain on the west elevation of the Building in such Building Top Sign’s current location. The Building Top Sign shall be maintained, at the sole cost and expense of Tenant, pursuant to a maintenance program approved by Landlord.