Common Area and Parking. 15.1 Common Area. "Common Area" means all areas and improvements within ----------- the Project, as it now exists or as it exists in the future, not held or designated for the exclusive use or occupancy of Landlord, Tenant, or other tenants or prospective tenants. Tenant may use the Common Area on a nonexclusive basis during this Lease. Landlord reserves all rights in connection with the Common Area, including, without limitation, the right to change, relocate, improve or demolish portions, promulgate rules and regulations for its use, limit the use of any portion of the Common Area by Tenant or its Affiliates, and place certain portions of the Common Area off limits to Tenant and its Affiliates, including, without limitation, janitorial, maintenance, equipment and storage areas, and entrances, loading docks, corridors, elevators and parking areas. Except during emergencies or necessary maintenance, repair or construction, Landlord's exercise of these rights will not ever prevent Tenant from having access to the Premises and a loading dock in each Building in which a portion of the Premises may be located, either now or in the future, but will not require Landlord to compensate Tenant in any way, result in any Liabilities to Landlord, entitle Tenant to ▇▇▇▇▇ rent, or reduce Tenant's Lease obligations.
Appears in 1 contract
Sources: Lease (Cmgi Inc)
Common Area and Parking. 15.1 Common Area. "Common Area" means all areas and improvements within ----------- the Project, as it now exists or as it exists in the future, not held or designated for the exclusive use or occupancy of Landlord, Tenant, or other tenants or prospective tenants. Tenant may use the Common Area on a nonexclusive basis during this Lease. Landlord reserves all rights in connection with the Common AreaArea and the rest of the Project, including, without limitation, the right to change, relocate, add to, improve or demolish portions, portions of the land and/or improvements and the layout thereof and promulgate rules and regulations for its usewith respect thereto, limit the use of any portion of the Common Area by Tenant or its Affiliates, and place certain portions of the Common Area off limits to Tenant and its Affiliates, including, without limitation, janitorial, maintenance, equipment and storage areas, and entrances, loading docks, corridors, elevators and parking areas. Landlord reserves the space above hung ceilings, below the floor and within the walls of the Premises, and the right to install, relocate, remove, use, maintain, repair and replace Systems and Equipment within or serving the Premises or other parts of the Building or the Project. Except during emergencies or by reason of force majeure or necessary maintenance, repair or construction, Landlord's exercise of these the rights in this Article will not ever prevent Tenant from having access to the Premises and a loading dock in each Building in Premises, which a portion of the Premises may be locatedis granted 24 hours per day, either now or in the future7 days per week, but such exercise will not under any circumstances require Landlord to compensate Tenant in any way, result in any Liabilities to Landlord, entitle Tenant to ▇▇▇▇▇ rent, or reduce Tenant's Lease obligations.
Appears in 1 contract
Sources: Lease (Applied Micro Circuits Corp)