Existing Building Sample Clauses
The 'Existing Building' clause defines the status, condition, and responsibilities related to a structure already present on a property at the time of a contract or agreement. It typically outlines which party is responsible for inspecting, maintaining, or making improvements to the building, and may specify any known defects or limitations. This clause ensures both parties are clear about the expectations and liabilities associated with the existing structure, thereby reducing disputes over property condition and maintenance obligations.
Existing Building. Landlord confirms that the Existing Building has been constructed and/or renovated so that it complies with Applicable Laws and applicable Deed Restrictions. As used herein, the “Existing Building” shall mean Building A and Building C of the Office Complex, including, all base, shell and core improvements, all improvements to the common areas of the Building A and Building C, and all above-ceiling improvements to the Premises including the installed and finished ceiling. As used herein, the term “Applicable Laws” shall mean any and all laws, ordinances and zoning regulations of any federal, state or local governmental authority having jurisdiction with respect to the Premises. As used herein, the term “Deed Restriction” shall mean any and all restrictive covenants, agreements or other encumbrances of record in the Register’s Office for ▇▇▇▇▇▇▇▇▇▇ County, Tennessee, encumbering the Premises, including without limitation the Protective Covenants.
Existing Building i. Current Floor Plan; and
ii. Approved (Lessee and FMD) Drawing(s) of Planned Renovations, as applicable.
Existing Building. Tenant's Build-Out Allowance as to Tenant's Build-Out of its space in the Existing Building shall be calculated on the basis of $ 4.20 per rentable square foot, not to exceed Two Hundred Fifty Thousand ($250,000.00) Dollars.
Existing Building. If no improvements are to be constructed to the Premises, the commencement date shall be _______________. Lessee acknowledges that (i) it has inspected and accepts the Premises, (ii) the buildings and improvements comprising the same are suitable for the purpose for which the Premises are leased, (iii) the Premises are in good and satisfactory condition, and (iv) no representations as to the repair of the Premises, nor promises to alter, remodel or improve the Premises have been made by Lessor (unless otherwise expressly set forth in this Lease).
Existing Building. If no improvements are to be constructed to the Premises, the commencement date shall be March 1, 1998, regardless of construction. Lessee acknowledges that (i) it has inspected and accepts the Premises, (ii) the buildings and improvements comprising the same are suitable for the purpose of which the Premises are leased, (iii) the Premises are in good and satisfactory condition, and (iv) no representations as to the repair of the Premises, nor promises to alter, remodel or improve the Premises have been made by Lessor (unless otherwise expressly set forth in this Lease).
Existing Building. If no improvements are to be constructed to the Premises, the commencement date shall be February 1, 2003. Tenant acknowledges that, (i) it has inspected and accepts the Premises, (ii) the buildings and improvements comprising the same are suitable for the purpose for which the Premises are leased, (iii) the Premises are in good and satisfactory condition, and (iv) no representations as to the repair of the Premises, nor promises to alter, remodel or improve the Premises have been made by Landlord (unless otherwise set forth in the Lease). In no event shall Landlord be liable for any defects in the Premises or for any limitation on its use (this limitation of liability shall not relieve landlord of its obligations set forth in Paragraph 4). Upon request by Landlord, Tenant shall execute and deliver to Landlord a Letter of Acceptance of delivery of the Premises.
Existing Building. Lessee acknowledges that (i) it has inspected and accepts the Premises "AS IS," "WHERE IS," and "WTTH ALL FAULTS", (ii) the buildings and improvements comprising the same are suitable for the purpose for which the Premises are leased, (iii) the Premises are in good and satisfactory condition, and (iv) the Premises shall be leased on an "AS IS," "WHERE IS," and "WITH ALL FAULTS" basis, and no representations as to the repair of the Premises, nor promises to alter, remodel or improve the Premises have been made by Lessor except those expressly set forth in Paragraph 26 of this Lease. To the ------ best of Lessee's knowledge, no structural or material defects exist at Premises. ------------------------------------------------------------------------------- Unless mutually altered in writing by Lessee and Lessor or pursuant to the provisions of Paragraph 1 hereinabove, or Paragraphs 1.B or 1.C, hereinbelow, the commencement date shall be June 1, 2000. Upon request by Lessor, Lessee shall execute and deliver to Lessor a Letter of Acceptance of delivery of the Premises.
Existing Building. If no improvements are to be constructed to the Premises, the commencement date shall be October 15, 1994, Tenant acknowledges that (i) it has inspected and accepts the Premises, (ii) the buildings and improvements comprising the same are suitable for the purpose for which the Premises are leased, (iii) the Premises are in good and satisfactory condition, and (iv) no representations as to the repair of the Premises, nor promises to alter, remodel or improve the Premises have been made by Landlord (unless otherwise expressly set forth in this Lease). If this lease is executed before the Premises become vacant or otherwise available and ready for occupancy, or if any present Tenant or occupant of the Premises holds over, and Landlord cannot, using good faith efforts, acquire possession of the Premises prior to the date above recited as the commencement date of this lease, Landlord shall not be deemed to be in default hereunder nor in any way liable to Tenant because of such failure, and Tenant agrees to accept possession of the Premises at such time as Landlord is able to tender the same, which date shall thenceforth be deemed to be the "commencement date"; and the term of this lease automatically shall be extended so as to include the full number of months hereinbefore provided for, except that if the commencement date is other than the first day of a calendar month such term also shall be extended for the remainder of the calendar month in which possession is tendered. Landlord hereby waives payment of rent covering any period prior to such tendering of possession. After the commencement date, Tenant shall, upon demand, execute and deliver to Landlord a letter of acceptance of delivery of the Premises. Notwithstanding anything contained in Para▇▇▇▇▇ ▇.▇, ▇▇▇▇▇▇▇▇ ▇▇▇l diligently pursue the substantial completion of the following improvements to the Premises on behalf of Tenant prior to October 15, 1994: *Enlarge three (3) overhead dock doors to a 9' wide x 10' high. *Clean carpet in the office and clean washroom area. *Deliver heating, ventilation, and air conditioning, and all mechanicals in good working condition. *Power scrub warehouse floor. *Provide two (2) 24' wide x 24' high sized openings in the existing demising wall that separates the warehouses.
Existing Building. Member States shall take the necessary measures to ensure that when buildings with a total useful floor area over 1000 m2 undergo major renovation, their energy performance is upgraded in order to meet minimum requirements in so far as this is technically, functionally and economically feasible. Member States shall derive these minimum energy performance requirements on the basis of the energy performance requirements set for buildings […]. The requirements may be set either for the renovated building as a whole or for the renovated systems or components when these are part of a renovation to be carried out within a limited time period, with the abovementioned objective of improving the overall energy performance of the building.
Existing Building. (A) For the period from the Rent Modification Date through May 31, 2015, $2.16 per RSF for the Existing Building (excluding the Storage Space), and as increased by three point four percent (3.4%) per year on June 1, 2015, and on June 1 of each subsequent year (each such June 1 referred to herein as an “Adjustment Date”) thereafter through end of the stated Term (subject to Exhibit “J” for the Extension Periods), and (B) for the period from Rent Modification Date through the first Adjustment Date, $0.81 per RSF of the Storage Space, and as increased by three point four percent (3.4%)) per year on the first (1st) and each subsequent Adjustment Date thereafter through the end of the stated Term (subject to Exhibit “J” for the Extension Periods.