Office Sharing definition

Office Sharing means the use of portions of the Premises as “desk space” for uses permitted under this Lease only and otherwise in compliance with the terms, covenants and conditions of this Lease, not to exceed twenty-five (25) “desk spaces” at any given time, and which “desk spaces” shall not be separately demised and shall not have separate means of ingress to or egress from the public corridors of the Building, by occupants that have an on-going business relationship with Tenant such as current clients, vendors and contractors of Tenant (the “Shared User(s)”) pursuant to a written license or other written occupancy agreement, which agreement, by its express terms, shall be subject and subordinate to this Lease and shall terminate automatically upon the termination of this Lease. Tenant shall provide Landlord with a copy of each such license or occupancy agreement together with Xxxxxx’s prior written notice of such Office Sharing. Xxxxxx agrees to notify Landlord, promptly upon Xxxxxxxx’s written request therefor from time to time, as to the amount (which shall not exceed twenty-five (25) at any given time) and the identities of the Shared User(s) then in occupancy. In no event shall the use of any portion of the Premises by any such Shared User create or be deemed to create any right, title or interest of such Shared User in any portion of the Premises or this Lease, and any such Office Sharing shall not give rise to a landlord-tenant relationship between Landlord and any Shared User. Tenant’s commercial general liability insurance pursuant to Section 13 shall cover each Shared User and Tenant shall indemnify and hold Landlord harmless from and against any and all claims, actions, suits, liabilities, losses, damages, costs, charges, attorneys’ fees, and other expenses of every nature and character which Landlord shall or may sustain or incur by reason of any claim or demand that may be made as a result of, or in any way related to, any Shared User’s use or occupancy of “desk space” in the Premises. Under no circumstances shall any persons or entities engaged in Office Sharing have any right to exterior Building signage or any separate identification in the elevator lobby or any entrance to the Premises.
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Office Sharing means the use of portions of the Premises by Clients and Business Partners, if, with respect to such Clients and Business Partners, such use is in connection with the services being provided to Tenant by the applicable Clients and Business Partners, the services being provided to the applicable Clients and Business Partners by Tenant, or the services being jointly provided by Tenant and the applicable Clients and Business Partners.
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Office Sharing has the meaning set forth in Section 7.2(c).
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Examples of Office Sharing in a sentence

  • Agency shall utilize the services of its own employees to collect the Portfolio and shall utilize Client's Euless collection center location pursuant to an Office Sharing Agreement of even date herewith for purposes of performing a substantial portion of the services to be provided hereunder.

  • Notwithstanding anything in this Article 5 to the contrary, provided no Event of Default has occurred and is continuing, Tenant may, without Landlord’s consent but upon at least ten (10) days’ prior notice to Landlord, permit up to ten percent (10%) of the total leasable area of the Premises to be used for Office Sharing by Clients and Business Partners, without the same constituting a Transfer.

  • Upon Landlord’s request, Clients and Business Partners who are Office Sharing shall provide to Landlord satisfactory evidence of insurance covering their activities within the Premises.

  • Notwithstanding the foregoing, Tenant shall not have the right to engage in Office Sharing with respect to any particular Clients and Business Partners as aforesaid if such Clients and Business Partners are engaged in a business, or the Premises will be used in a manner, that is inconsistent with the Permitted Use.

  • These shared locations and the exemptions applicable are listed in our Office Sharing Register (R.2).

  • By reasonable prior written notice provided to Tenant, Landlord shall have the right to impose such additional reasonable rules and regulations as Landlord reasonably deems appropriate in connection with any such Office Sharing or Lab Sharing.

  • Tenant shall provide Landlord with a copy of each such license or occupancy agreement together with Tenant’s prior written notice of such Office Sharing and/or Lab Sharing.

  • Notwithstanding anything in this Article 18 to the contrary, without being subject to Landlord’s rights and Tenant’s obligations set forth in this Article 18, upon not less than thirty (30) days’ prior written notice thereof to Landlord, but without Landlord’s consent, Tenant may permit Office Sharing (as hereinafter defined) by Business Partners (as hereinafter defined), without the same constituting a subletting within the meaning of this Article 18.

  • It is comprised of collateralized and FHLB LoC backed bank deposits, FDIC insured certificates of deposit and US government securities.

  • As such, CMBCI is a connected person of the Company and the transactions contemplated under the Renewed Office Sharing Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules.


More Definitions of Office Sharing

Office Sharing shall have the meaning ascribed to it in Section 18.11 of this Lease.
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Office Sharing means the use of portions of the Premises, without separate demising of walls (nor shall any Shared User(s) be permitted to maintain a separate reception area in the Premises), by occupants that have an on-going business relationship with Tenant such as current clients, vendors and contractors of Tenant (the “Shared User(s)”) pursuant to a written license or other written occupancy agreement. Notwithstanding the foregoing, Tenant shall not have the right to engage in Office Sharing with any entity (i) if the proposed Shared User is engaged in a business, or if it would result in the Premises being used in a manner, that is inconsistent with character of the Building as a first-class office and laboratory project; or (ii) the proposed use of the Premises is not in compliance with the Permitted Use; or (iii) any entity that would result in a material increase in traffic in the common areas of the Project over the amount of such traffic that would be generated if Tenant itself occupied such portion of the Premises. For purposes of this Lease, the acts or omissions of the employees or other personnel of persons or entities engaged in Office Sharing shall be deemed to be the acts or omissions (as applicable) of Tenant’s employees. However, any Office Sharing which would result in an aggregate amount of space which is greater than ten percent (10%) of the rentable square feet of the Premises to be subject to Office Sharing, shall require Landlord’s prior written consent and shall be deemed a Transfer under this Article 15 (unless otherwise deemed to not be a Transfer pursuant to the express terms of Subsection (g) of this Lease above).
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Office Sharing means the use of portions of the Premises by Affiliates and/or Clients and Business Partners, if, with respect to such Clients and Business Partners, such use is in connection with the services being provided to Tenant by the applicable Clients and Business Partners, the services being provided to the applicable Clients and Business Partners by Tenant, or the services being jointly provided by Tenant and the applicable Clients and Business Partners; provided, however, that no Affiliates, Clients and Business Partners shall be deemed to be engaging in Office Sharing if such Affiliates, Clients and Business Partners enter into a sublease with Tenant or has any written leasehold interest in the Premises or any portion thereof, Tenant agrees to notify Landlord, promptly upon Landlord’s written request therefor, as to the approximate amount of Office Sharing by Affiliates, Clients and Business Partners and to certify to Landlord that such use or occupancy constitutes Office Sharing by Affiliates, Clients and Business Partners and does not constitute a sublease, assignment or other leasehold interest. Notwithstanding the foregoing, Tenant shall not have the right to engage in Office Sharing with respect to any particular Affiliates, Clients and Business Partners as aforesaid if such Affiliates, Clients, and Business Partners are engaged in a business, or the Premises will be used in a manner, that is inconsistent with the primary use set forth in Article VI. For purposes of this Lease, including, without limitation, Xxxxxx’s indemnification obligations hereunder, the acts or omissions of the employees or other personnel of Affiliates, Clients and Business Partners shall be deemed to be the acts or omission (as applicable) of Tenant’s employees. Under no circumstances shall any Clients and Business Partners have any right to exterior Building signage in connection with this Lease.
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Office Sharing means the use of portions of the Sublet Premises, not to exceed ten (10%) of the rentable areas of the Sublet Premises in the aggregate, by Office Share Occupants, if such use is in connection with services being provided to BroadSoft by the applicable Office Share Occupants, the services being provided to the applicable Office Share Occupants by BroadSoft, or the services being jointly provided by BroadSoft and the applicable Office Share Occupants to third parties. Prior to allowing an Office Sharing by any Office Share Occupant, BroadSoft shall notify MIASI, which notice shall identify the Office Share Occupant and the approximate amount of Office Sharing by such Office Share Occupant. Notwithstanding the foregoing, BroadSoft shall not have the right to engage in Office Sharing with respect to any particular Office Share Occupants as aforesaid if such Office Share Occupants are Prohibited Users or are engaged in a business, or the Sublet Premises will be used in a manner, that is inconsistent with the use permitted under the Lease or this Sublease. For purposes of this Sublease, the acts or omissions of the employees or other personnel of Office Share Occupants shall be deemed to be the acts or omissions (as applicable) of BroadSoft’s employees.
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Office Sharing means the use of portions of the Premises (including use of the Tenant’s receptionist and conference rooms), without separate demising of walls by Tenant’s consultants, strategic partners, clients, advisors, other professionals, or other third parties who have an ongoing professional or business relationship with Tenant (the “Shared Users”). Tenant agrees to notify Landlord, promptly upon Landlord’s written request therefor, as to the approximate amount and the identity of the Shared Users. Each such Shared User shall be deemed an invitee of Tenant, and in no event shall the use or occupancy of any portion of the Premises by any Shared User be deemed to create a landlord/tenant relationship between Landlord and any Shared User or be deemed to vest in any Shared User any right or interest in this Lease, and Shared Users shall have no recourse directly against Landlord for any failure by Landlord to perform any of its obligations under this Lease. In no event shall Landlord be required to send any notices to any Shared User.
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Related to Office Sharing

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Welfare means that language referring to effects on welfare includes, but is not limited to, effects on soils, water, crops, vegetation, man-made materials, animals, wildlife, weather, visibility and climate, damage to and deterioration of property, and hazards to transportation, as well as effects on economic values and on personal comfort and well-being.

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Group health benefit plan means any health care plan, subscription contract, evidence of

  • Retirement means Normal or Early Retirement.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • pension means a pension or annual allowance paid under the Public Service Superannuation Act (PSSA), R.S., 1985, c. P-36, and any increases paid pursuant to the Supplementary Retirement Benefits Act, R.S., 1985, c. S-24 as it affects the PSSA. It does not include pensions payable pursuant to the Canadian Forces Superannuation Act, R.S., 1985, c. C-17, the Defence Services Pension Continuation Act, 1970, c. D-3, the Royal Canadian Mounted Police Pension Continuation Act , 1970, c. R-10, and the Royal Canadian Mounted Police Superannuation Act, R.S., 1985, c. R-11, the Members of Parliament Retiring Allowances Act, R.S. 1985, c. M-5, and that portion of pension payable to the Canada Pension Plan Act, R.S., 1985, c. C-8.

  • Pharmacy benefits management means the administration or management of prescription drug

  • Dental means of or relating to the teeth and the work of a dentist.

  • Non-Participating Registered Surgical Assistant means a Registered Surgical Assistant who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Scholar means a player aged sixteen or over who has signed a Scholarship with a Premier League or Football League Club or licensed National League Club, and who has completed a registration form for Scholars in accordance with FA Rules and Regulations.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Scholarship means a Scholarship as set out in Rule C 3 (a) (i) of the rules of The FA.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Retiree means any person who has begun accruing a retirement

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Heritage means Heritage Bancorp Ltd.

  • Continuing care retirement community means a residential

  • Medical savings account means an account exempt from federal income taxation pursuant to Section 220 of the United States Internal Revenue Code (26 U.S.C. § 220).

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Stock Ownership means any direct or indirect ownership of Stock, including any ownership by virtue of application of constructive ownership rules, with such direct, indirect, and constructive ownership determined under the provisions of Section 382 of the Code and the regulations thereunder.

  • Participating Registered Surgical Assistant means a Registered Surgical Assistant who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Savings bank means a state banking corporation organized or reorganized under this act.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.