Exterior Common Areas means those areas of the Project which are not located within the Building and which are provided and maintained for the common use and benefit of Landlord and Tenants of the Building generally and the employees, invitees and licensees of Landlord and such Tenants; including without limitation all parking areas, enclosed or otherwise, all streets, sidewalks and landscaped areas located within the Project.
Exterior Common Areas means those areas of the Complex which are not located within the buildings comprising the Complex and which are provided and maintained for the common use and benefit of Landlord and tenants of the Complex generally and the employees, invitees and licensees of Landlord and such tenants; including without limitation all parking areas, enclosed or otherwise; all streets, sidewalks and landscaped areas located within the Complex.
Exterior Common Areas shall have the meaning assigned in Section 1.1(a)(viii).
Examples of Exterior Common Areas in a sentence
The maintenance of the Exterior Common Areas shall be at the sole discretion of Lessor and all costs incurred by Lessor in good faith shall be deemed conclusively binding on Lessee.
Notwithstanding the foregoing or anything to the contrary herein, Lessee shall pay the cost of repairs for any damage to the Structural Elements, elements which would comprise items of Capital Work or the Exterior Common Areas caused by Lessee’s negligence, willful misconduct or the installation of any Alterations, to the extent (if any) not covered by the property insurance required to be carried by Lessor under the Lease.
Lessor shall also provide in reasonable detail the calculation of Lessee’s Percentage of the Operating Expenses for the Building and the Exterior Common Areas and Lessee’s Percentage of the Taxes for the Exterior Common areas with respect to the period covered by such Expense Statement, as said calculations are specified in the applicable provisions of the Second Amendment to which this Addendum is attached and this Addendum.
Notwithstanding item (A)(y) above, if Lessee does not lease at least two hundred fifty thousand (250,000) rentable square feet within the Building, at any time, then thereafter Lessee shall only have a nonexclusive right to erect and maintain signage with its corporate name or logo on the exterior of the Building and monuments within the Exterior Common Areas, in each case, in size and location appropriately reflecting Lessee’s proportional occupancy of Levi’s Plaza and the Building.
Lessor shall show by account the total Operating Expenses for the Building and the Exterior Common Areas, the Taxes for the Exterior Common Areas and all adjustments corresponding to the requirements set forth in the Lease, the Second Amendment to which this Addendum is attached, and this Addendum.
More Definitions of Exterior Common Areas
Exterior Common Areas as used in this Lease, shall mean the portions of the Common Areas not located within the Building, and may include, without limitation, any parking facilities, fixtures, systems, signs, facilities, lakes, gardens, parks, or other landscaping used in connection with the Office Complex, and may include any city sidewalks adjacent to the Office Complex, pedestrian walkway system, whether above or below grade, park or other facilities open to the general public and roadways, sidewalks, walkways, parkways, driveways and landscape areas appurtenant to the Office Complex. The term “Building Common Areas,” as used in this Lease, shall mean the portions of the Common Areas located within the Building and may include, without limitation, the common entrances, lobbies, atrium areas, restrooms, elevators, elevator shafts, stairways and accessways, loading docks, ramps, platforms, passageways, serviceways, common pipes, flues, stacks, pipe shafts, conduits, wires, equipment, loading and unloading areas, machine rooms, fan rooms, janitors’ closets, electrical closets, telephone closets and trash areas servicing the Building. The manner in which the Common Areas are maintained and operated shall be at the sole discretion of Landlord.
Exterior Common Areas means all areas, structures, parking areas, access driveways, roadways, sidewalks, plazas, landscaped areas, traffic lights, storm drainage facilities, sanitary sewer, domestic and fire water systems, fire protection installations, electric power and telephone cables and lines and other utility connections, facilities and other improvements (above and below ground) which now exist or hereafter are constructed on the Property for use in common by Landlord, Tenant and other tenants located in the Building.
Exterior Common Areas is defined in Section 2.4(a) herein.
Exterior Common Areas means those areas of the Property which are not located within the Building and its immediate proximity and which are provided and maintained for the common use and benefit of Landlord and tenants of the Building generally and the employees, invitees and licensees of Landlord and such tenants, including, without limitation, sidewalks and landscapes. Basic Costs shall not include (i) the cost of capital improvements (except as above set forth), (ii) depreciation, (iii) interest, (iv) lease commissions, (v) principal payments on mortgage and other non-operating debts of Landlord, (vi) costs of repairs, restoration, replacements or other work occasioned by the exercise by a governmental authority of the right of eminent domain; (vii) attorneys' fees, costs, disbursements and other expenses incurred in connection with negotiations or disputes with tenants, prospective tenants, management agents, purchasers or mortgagees of the Building; (viii) allowances, concessions and other costs and expenses incurred in completing, renovating or otherwise improving, decorating or redecorating space for tenants, or prospective tenants, or vacant, leasable space in the Building; (ix) any cost that should be capitalized in accordance with generally accepted accounting principals except non-structural capital improvements made to reduce operating expenses in an annual amortization over the actual useful life with a reasonable salvage value, not to exceed the actual cost savings, and non-structural capital improvements made by Landlord to comply with changes in laws after the date hereof, amortized on a straight line basis over the actual useful life; (x) rental payments made under any ground or underlying lease or leases; (xi) costs incurred in connection with the sale, financing, refinancing, mortgaging, selling or change of ownership of the Building; (xii) costs or expenses of utilities directly metered to tenants of the Building and payable separately by such tenants and costs of additional electrical equipment installed in premises of other tenants of the Building; (xiii) costs of repairs, restoration, replacements or other work occasioned by the gross negligence or intentional tort of Landlord, or any representative, employee, agent or affiliate of Landlord; (xiv) costs of repairing, replacing or otherwise correcting defects in construction of the Building, the Tenant Improvements, the leasehold improvements of other tenants of the Building, or in the Building equipment; ...
Exterior Common Areas means those areas of the Property which are riot located within the Building and its immediate proximity and which are provided and maintained for the common use and benefit of Landlord and tenants of the Building generally and the employees, invitees and licensees of Landlord and such tenants, including, without limitation, sidewalks and landscapes. Basic Costs shall not include the cost of capital improvements (except as above set forth), depreciation, interest, lease commissions, and principal payments on mortgage and other non-operating debts of Landlord. Basic Costs shall not include: (i) costs of repairs, restoration, replacement or other work occasioned by the exercise by a governmental authority of the right of eminent domain; (H) attorney's fees, costs, disbursements and other expenses incurred in connection with negotiations or disputes with tenants, prospective tenants, consultants, management agents, purchasers or mortgagees of the Building; (iii) allowances, concessions and other costs and expenses incurred in completing, renovating or otherwise improving, decorating or redecorating space for tenants, or prospective tenants, or vacant, leasable space in the Building; (iv) any cost that should be capitalized in accordance with generally accepted accounting principles except capital improvements made to (a) reduce operating expenses base in an annual amortization including interest over the estimated useful life, not to exceed the actual cost savings, EXHIBIT 10.7
Exterior Common Areas set forth in Article 17 of the Xxxxxxxxx for purposes of this Sublease shall mean the Exterior Sublease Premises and the exterior areas of the premises demised to Sublandlord pursuant to the Xxxxxxxxx. As more particularly described in Article 17 of the Xxxxxxxxx, Subtenant shall be responsible for the prompt removal of snow, ice and rubbish (including litter) accumulation from the Exterior Sublease Premises. Subtenant shall obtain a reputable contractor(s) to perform such service which contractor(s) Subtenant shall advise to Sublandlord. Additionally, at Sublandlord's election, Subtenant shall require such contractor to provide a quote for service to the Sublandlord's Exterior Premises (defined hereinafter) and if satisfactory to Sublandlord, such contractor shall remove snow, ice and rubbish (including litter) accumulation in the parking areas, sidewalks and areas immediately surrounding the Building demised to Sublandlord pursuant to the Xxxxxxxxx excluding the Exterior Sublease Premises (depicted as the area crosshatched on Exhibit D) (the "Sublandlord's Exterior Premises"). If Subtenant's contractor provides the services described in this paragraph to both the Exterior Sublease Premises and the Sublandlord's Exterior Premises, then in the event that any snow or ice accumulates from Monday 8:00 a.m. to Friday at 6:00 p.m., Subtenant shall be required to contact the contractor to perform such services for the Exterior Sublease Premises as well as the Sublandlord's Exterior Premises (the "Snow Contract Areas"). In the event that any snow or ice accumulates from Friday at 6:01 p.m. to Monday 7:59 a.m., Sublandlord shall be required to contact the contractor to remove such accumulation from the Snow Contract Areas. If Sublandlord elects to have Subtenant's contractor provide the services described in this paragraph, Subtenant shall be required to promptly pay its contractor for the services described herein and Sublandlord shall be required to reimburse to the Subtenant its share of the invoices rendered therefor for the Sublandlord's Exterior Premises.
Exterior Common Areas mean those areas of the Project and/or the Property which are not located within the Buildings or any other building and which are provided and maintained for the use and benefit of Landlord and tenants of the Building (if any) and/or the Project generally and the employees, invitees and licensees of Landlord and such tenants, including, without limitation, any parking garage, artificial lakes, walkways, plaza, roaxx, xxxxxxxxx, xxxxxxxxx, xxxxxce parking and landscapes, if any, and any recreation areas, including, but not limited to, that certain recreation area (the "Recreational Area") which is maintained by Landlord in the area between Shoreline Technology Park Building 3 and Shoreline Technology Park Building 5. As of the date of this Lease, the Recreational Areas include the following: a tennis court, basketball court, softball diamond, barbecue area and picnic tables. Notwithstanding the foregoing to the contrary, the tenants' right to use the Recreational Area shall be subject to the right of the City of Mountain View ("City") to require, pursuant to that certain Deferred Parking Agreement by and between WRC Properties, Inc. a Delaware corporation and the City of Mountain View dated as of June 1, 1989 (the "City Parking Agreement"), that a portion of the Recreational Area be paved and used for parking purposes at a time to be determined at the discretion of the City.