Shared Assets definition
Examples of Shared Assets in a sentence
User taking possession of the Shared Space, User Office Space, Shared Assets or any portion thereof will be conclusive evidence against User that the Shared Space, User Office Space and Shared Assets were in good order and satisfactory condition.
User is absolutely prohibited from making any changes or alterations to the User Office Space, Shared Space, Shared Assets or to systems and/or infrastructure supporting such areas, in each instance without Tenant’s prior written consent, which consent may be granted or withheld in Tenant’s sole and absolute discretion.
Notwithstanding any early termination in accordance with the provisions of this Section 7.3, User will be liable for all rent accruing through the User Termination Date, regardless of whether or not User chooses to remain in physical possession of the Shared Space, User Office Space and/or Shared Assets.
User will not utilize more than User’s Share of any loading docks or Shared Assets included in the Shared Space without the prior written consent of Tenant (which consent may be granted or withheld in Tenant’s sole and absolute discretion).
Notwithstanding the foregoing, User is solely responsible for all costs and expenses of any labor, materials or other work to the Shared Space, User Office Space and Shared Assets pursuant to this Section 9 and for all costs and expenses associated with the removal of the User’s Assets and any repairs to or cleaning of the Shared Space and User Office Space that may be required following the removal of the User’s Assets at the end of the Use Period.