Common use of Tenant’s Right to Building Signage Clause in Contracts

Tenant’s Right to Building Signage. Subject to the terms of this Section 4, from and after the Commencement Date, Tenant shall have the right to install, maintain, repair, replace and operate the Building Signage (defined below). As used herein, “Building Signage” means, collectively, a sign that (i) bears the Tenant Name (defined below) and is located on the exterior side of the Building facing West Santa Xxxxx Street (i.e., the north side of the Building) in the eyebrow signage location, as more particularly shown in Exhibit F-1 attached hereto. As used herein, “Tenant Name” means, at any time, at Tenant’s discretion, (i) the name of Tenant set forth in the first paragraph of this Lease (“Tenant’s Existing Name”), or (ii) if Tenant’s name is not then Tenant’s Existing Name, then Tenant’s name, provided that such name is compatible with a first-class office building, as determined by Landlord in its reasonable discretion, and/or (iii) Tenant’s logo, provided that such logo is then being used by Tenant on a substantially nationwide basis and is compatible with a first-class office building, as determined by Landlord in its reasonable discretion. Notwithstanding any contrary provision hereof, (i) Tenant’s rights to the Building Signage under this Section 4 shall be personal to the party named as Tenant in the first paragraph of this Lease (“Existing Tenant”) and to any successor to Existing Tenant’s interest in this Lease that acquires its interest in this Lease solely by means of one or more Permitted Transfers originating with Existing Tenant, and may not be transferred to any other party; and (ii) if at any time a Signage Default (defined below) occurs or the Minimum Occupancy Requirement (defined below) is not satisfied, then, at Landlord’s option (which shall not be deemed waived by the passage of time), Tenant shall no longer have any further right to the Building Signage under this Section 4, even if such Signage Default is later cured and/or the Minimum Occupancy Requirement later becomes satisfied, as applicable. For purposes of this Section 4, a “Signage Default” shall be deemed to occur if and only if (x) after a Default, Landlord provides Tenant with written notice that Tenant may lose its right to Building Signage under this Section 4 if Tenant fails to cure such Default within five (5) business days after such notice, and (y) such Default is not cured within such 5-business-day period. For purposes of this Section 4, the “Minimum Occupancy Requirement” shall be deemed satisfied if and only if not more than 25% the rentable square footage of the Premises has been subleased for more than 75% of the balance of the term of this Lease.

Tenant’s Right to Building Signage. Subject to the terms of this Section 43, from and after the Commencement Date, Tenant shall have the right to install, maintain, repair, replace and operate the Building Signage (defined below). As used herein, “Building Signage” means, collectively, means a sign (including the rectangular prism on which the lettering of the sign will be mounted) that (i) bears the Tenant Name (defined below) and is located on the exterior west side of the Building facing West Santa Xxxxx Street (i.e., the north side of the Building) in the eyebrow signage locationNotre Dame Avenue, as more particularly shown in Exhibit F-1 F-2 attached hereto. As used herein, “Tenant Name” means, at any time, at Tenant’s discretion, (i) the name of Tenant set forth in the first paragraph of this Lease (“Tenant’s Existing Name”), or (ii) if Tenant’s name is not then Tenant’s Existing Name, then Tenant’s name, provided that such name is compatible with a first-class office building, as determined by Landlord in its reasonable discretion, and/or (iii) Tenant’s logo, provided that such logo is then being used by Tenant on a substantially nationwide basis and is compatible with a first-class office building, as determined by Landlord in its reasonable discretion. Notwithstanding any contrary provision hereof, (i) Tenant’s rights to the Building Signage under this Section 4 3 shall be personal to the party named as Tenant in the first paragraph of this Lease (“Existing Tenant”) and to any successor to Existing Tenant’s interest in this the Lease that acquires its interest in this the Lease solely by means of one or more Permitted Transfers originating with Existing Tenant, and may not be transferred to any other party; and (ii) if at any time a Signage Default (defined below) occurs or the Minimum Occupancy Requirement (defined below) is not satisfied, then, at Landlord’s option (which shall not be deemed waived by the passage of time), Tenant shall no longer have any further right to the Building Signage under this Section 43, even if such Signage Default is later cured and/or the Minimum Occupancy Requirement later becomes satisfied, as applicable. For purposes of this Section 4, a “Signage Default” shall be deemed to occur if and only if (x) after a Default, Landlord provides Tenant with written notice that Tenant may lose its right to Building Signage under this Section 4 if Tenant fails to cure such Default within five (5) business days after such notice, and (y) such Default is not cured within such 5-business-day period. For purposes of this Section 4hereof, the “Minimum Occupancy Requirement” shall be deemed satisfied if and only if not more than 25at least 75% of the rentable square footage of the Premises has not been subleased subleased, in whole or in part, for more than 75% of the balance of the term of this the Lease.

Tenant’s Right to Building Signage. Subject to the terms of this Section 43, from and after the Commencement Date, Tenant shall have the right (without payment of a monthly charge or fee) to install, maintain, repair, replace and operate the Building Signage (defined below). As used herein, “Building Signage” means, collectively, means a sign that (i) bears the Tenant Name (defined below) and is located on at the top of the exterior side of the Building facing West Santa Xxxxx Street the 101 Highway (i.e., the north West side of the Building) in the eyebrow signage location), as more particularly shown in Exhibit F-1 G attached hereto. As used herein, “Tenant Name” means, at any time, at Tenant’s discretion, (i) the name of Tenant set forth in the first paragraph of this Lease (“Tenant’s Existing Name”), or (ii) if Tenant’s name is not then Tenant’s Existing Name, then Tenant’s name, provided that such name is compatible with a first-class office building, as determined by Landlord in its reasonable discretion, and/or (iii) Tenant’s logo, provided that such logo is then being used by Tenant on a substantially nationwide basis and is compatible with a first-class office building, as determined by Landlord in its reasonable discretion. Notwithstanding any contrary provision hereof, (i) Tenant’s rights to the Building Signage under this Section 4 3 shall be personal to the party named as Tenant in the first paragraph of this Lease (“Existing Tenant”) and to any successor to Existing Tenant’s interest in this the Lease that acquires its interest in this the Lease solely by means of one or more Permitted Transfers originating with Existing Tenant, and may not be transferred to any other party; and (ii) if at any time a Signage Default (defined below) occurs or the Minimum Occupancy Requirement (defined below) is not satisfied, then, at Landlord’s option (which shall not be deemed waived by the passage of time), Tenant shall no longer have any further right to the Building Signage under this Section 4, even if such Signage Default is later cured and/or the Minimum Occupancy Requirement later becomes satisfied, as applicable. For purposes of this Section 4, a “Signage Default” shall be deemed to occur if and only if (x) after a Default, Landlord provides Tenant with written notice that Tenant may lose its right to Building Signage under this Section 4 if Tenant fails to cure such Default within five (5) business days after such notice, and (y) such Default is not cured within such 5-business-day period. For purposes of this Section 4, the “Minimum Occupancy Requirement” shall be deemed satisfied if and only if not more than 25% the rentable square footage of the Premises has been subleased for more than 75% of the balance of the term of this Lease.

Tenant’s Right to Building Signage. Subject to the terms of this Section 4, from and after the Commencement Date, Tenant shall have the right to install, maintain, repair, replace and operate the Building Signage (defined below). As used herein, “Building Signage” means, collectively, means a sign that (i) bears the Tenant Name (defined below) and is located on at the top of the exterior side of the Building facing West Santa Xxxxx Street (i.e.in a location approved by Landlord and subject to all other required approvals. Subject to all other required approvals, Landlord hereby approves the north side of the Building) in the eyebrow signage location, as more particularly approximate location shown in Exhibit F-1 I attached hereto. As used herein, “Tenant Name” means, at any time, at Tenant’s discretion, (i) the name of Tenant set forth in the first paragraph of this Lease (“Tenant’s Existing Name”), or (ii) if Tenant’s name is not then Tenant’s Existing Name, then Tenant’s name, provided that such name is compatible with a first-class office building, as determined by Landlord in its reasonable discretion, and/or (iii) Tenant’s logo, provided that such logo is then being used by Tenant on a substantially nationwide basis and is compatible with a first-class office building, as determined by Landlord in its reasonable discretion. Notwithstanding any contrary provision hereof, (i) Tenant’s rights to the Building Signage under this Section 4 shall be personal to the party named as Tenant in the first paragraph of this Lease (“Existing Tenant”) and to any successor to Existing Tenant’s interest in this the Lease that acquires its interest in this the Lease solely by means of one or more Permitted Transfers originating with Existing Tenant, and may not be transferred to any other party; and (ii) if at any time a Signage Default (defined below) occurs or the Minimum Occupancy Requirement (defined below) is not satisfied, then, at Landlord’s option (which shall not be deemed waived by the passage of time), Tenant shall no longer have any further right to the Building Signage under this Section 4, even if such Signage Default is later cured and/or the Minimum Occupancy Requirement later becomes satisfied, as applicable. For purposes of this Section 4hereof, a “Signage Default” shall be deemed to occur if and only if (x) after a DefaultDefault occurs under Section 19.1 of the Lease, Landlord provides Tenant with written notice that Tenant may lose its right to Building Signage under this Section 4 if Tenant fails to cure such Default within five fifteen (515) business days after such noticenotice (in addition to any notice and cure period required to establish the Default), and (y) such Default is not cured within such 515-business-day period. For purposes of this Section 4hereof, the “Minimum Occupancy Requirement” shall be deemed satisfied if and only if not more than 25% the rentable square footage a portion of the Premises containing at least one full floor in the Building has not been subleased for more other than 75% of the balance of the term of this Leaseto an Affiliate.

Tenant’s Right to Building Signage. Subject to the terms of this Section 46, from and after the Commencement Datedate hereof, Tenant shall have the right to install, maintain, repair, replace and operate the Building Signage (defined below). As used herein, “Building Signage” means, collectively, means a sign that (i) bears the Tenant Name (defined below) and is located on at the top of the exterior side of the Building facing West Santa Xxxxx Street East Hillsdale Boulevard and Edgewater Drive (i.e., the north West side of the Building) in the eyebrow signage location), as more particularly shown in Exhibit F-1 I attached hereto. As used hereinin this Section 6, “Tenant Name” means, at any time, at Tenant’s discretion, (i) the name of Tenant set forth in the first paragraph of this Lease (for purposes of this Section 6, “Tenant’s Existing Name”), or (ii) if Tenant’s name is not then Tenant’s Existing Name, then Tenant’s name, provided that such name is compatible with a first-class office building, as determined by Landlord in its reasonable discretion, and/or (iii) Tenant’s logo, provided that such logo is then being used by Tenant on a substantially nationwide basis and is compatible with a first-class office building, as determined by Landlord in its reasonable discretion. Notwithstanding any contrary provision hereof, (i) Tenant’s rights to the Building Signage under this Section 4 6 shall be personal to the party named as Tenant in the first paragraph of this Lease (for purposes of this Section 6, “Existing Tenant”) and to any successor to Existing Tenant’s interest in this the Lease that acquires its interest in this the Lease solely by means of one or more Permitted Transfers originating with Existing Tenant, and may not be transferred to any other party; and (ii) if at any time a Signage Default (defined below) occurs or the Minimum Occupancy Requirement (defined below) is not satisfied, then, at Landlord’s option (which shall not be deemed waived by the passage of time), Tenant shall no longer have any further right to the Building Signage under this Section 4, even if such Signage Default is later cured and/or the Minimum Occupancy Requirement later becomes satisfied, as applicable. For purposes of this Section 4, a “Signage Default” shall be deemed to occur if and only if (x) after a Default, Landlord provides Tenant with written notice that Tenant may lose its right to Building Signage under this Section 4 if Tenant fails to cure such Default within five (5) business days after such notice, and (y) such Default is not cured within such 5-business-day period. For purposes of this Section 4, the “Minimum Occupancy Requirement” shall be deemed satisfied if and only if not more than 25% the rentable square footage of the Premises has been subleased for more than 75% of the balance of the term of this Lease.