Common use of TENANT'S INTERIOR SIGNAGE RIGHTS Clause in Contracts

TENANT'S INTERIOR SIGNAGE RIGHTS. Tenant shall have the right to locate in the Building lobby a Building directory board ("DIRECTORY BOARD") the size, location, design, materials, color and quality of which shall be subject to Tenant's reasonable discretion, except that if, at any time, the Building is not one hundred percent (100%) leased by Tenant, the size, location, design, material, color and quality of the Directory Board shall be subject to Landlord's reasonable approval. The cost of the Directory Board shall be included in the Base, Shell and Core for the Building and the cost of Tenant's listings shall be borne by Tenant. Tenant shall have exclusive use of any such Directory Board so long as Tenant's lease covers one hundred percent (100%) of the rentable square footage in the Building; provided, however, Landlord shall have the right to identify Landlord (or its successor) as owner and/or manager of the Project on any such Directory Board. In the event Tenant no longer leases and occupies one hundred percent (100%) of the rentable square footage of the Building, Tenant and its Permitted Transferees shall be entitled to its Building pro rata share of the space on such Directory Board. Tenant shall also have the right to install other signage identifying Tenant within the Building, which interior signage shall be in compliance with the Signage Criteria.

TENANT'S INTERIOR SIGNAGE RIGHTS. Tenant shall have the right to locate in the Building lobby a Building directory board ("DIRECTORY BOARD") the size, location, design, materials, color and quality of which shall be subject to Tenant's reasonable discretion, except that if, at any time, the Building is not one hundred percent (100%) leased by Tenant, the size, location, design, material, color and quality of the Directory Board shall be subject to Landlord's reasonable approval. The cost of the Directory Board shall be included in the Base, Shell and Core for the Building and the cost of Tenant's listings shall be borne by Tenant. Tenant shall have exclusive use of any such Directory Board so long as Tenant's lease covers one hundred percent (100%) of the rentable square footage in the Building; provided, however, Landlord shall have the right to identify Landlord (or its successor) as owner and/or manager of the Project on any such Directory Board. In the event Tenant no longer leases and occupies one hundred percent (100%) of the rentable square footage of the Building, Tenant and its Permitted Transferees shall be entitled to its Building pro rata share of the space on such Directory Board. Tenant shall also have the right to install other signage identifying Tenant within the Building, which interior signage shall be in compliance with the Signage Criteria.. PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems]