Common use of HazMat Storage Area Clause in Contracts

HazMat Storage Area. Pursuant to a Change Request requested by Tenant under the Work Letter, Landlord has, as part of Landlord’s Work under the Work Letter, created an exterior hazardous materials storage area (‘HazMat Storage Area”) as shown on Exhibit A attached to this First Amendment. The design and specifications for the HazMat Storage Area have been approved by Tenant and Tenant acknowledges and agrees that all costs for the design and construction of the HazMat Storage Area shall be paid for out of the Tenant Improvement Allowance. Notwithstanding anything to the contrary contained in the Lease, commencing on the Commencement Date, Tenant shall have the right to use the HazMat Storage Area, for the storage of Tenant’s Hazardous Materials. Tenant shall have all of the obligations under the Lease with respect to the HazMat Storage Area as though the HazMat Storage Area were part of the Premises. Tenant shall maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, and take or cause to be taken all other actions necessary or required under applicable Legal Requirements in connection with the use of the HazMat Storage Area. Other than in connection with Landlord’s Work, Landlord shall have no obligation to make any repairs or other improvements to the HazMat Storage Area and Tenant shall maintain the same, at Tenant’s sole cost and expense, in substantially the same condition as received during the term as though the same were part of the Premises. Tenant shall not make any alterations, additions, or improvements to the HazMat Storage Area of any kind whatsoever without the prior written approval to Landlord, which approval shall not be unreasonably withheld. Tenant shall, at Tenant’s sole cost and expense, surrender the HazMat Storage Area upon the expiration or earlier termination of the Term, free of any debris and trash and free of any Hazardous Materials in accordance with the requirements of Section 28 of the Lease.

Appears in 1 contract

Sources: Lease Agreement (Twist Bioscience Corp)

HazMat Storage Area. Pursuant to a Change Request requested by Tenant under the Work Letter, Landlord has, as part of Landlord’s Work under the Work Letter, created an exterior hazardous materials storage area (‘HazMat Storage Area”) as shown on Exhibit A attached to this First Amendment. The design and specifications for the HazMat Storage Area have been approved by Tenant and Tenant acknowledges and agrees that all costs for the design and construction of the HazMat Storage Area shall be paid for out of the Tenant Improvement Allowance. Notwithstanding anything to the contrary contained in the this Lease, commencing on the Commencement Date, Tenant shall have the right to use the Hazardous Materials storage area described on Exhibit I attached hereto (“HazMat Storage Area”), for the storage of Tenant’s Hazardous MaterialsMaterials (not including flammable materials, which may in no event be stored in the HazMat Storage Area). Tenant shall have all of the obligations under the Lease with respect to the HazMat Storage Area as though the HazMat Storage Area were part of the Premises, excluding the obligation to pay Base Rent. Tenant shall maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, and take or cause to be taken all other actions necessary or required under applicable Legal Requirements in connection with the use of the HazMat Storage Area. Other than in connection with Landlord’s Work, Landlord shall have no obligation to make any repairs or other improvements to the HazMat Storage Area and Tenant shall maintain the same, at Tenant’s sole cost and expense, in substantially the same good repair and condition as received during the term Term as though the same were part of the Premises. Tenant shall not make any alterations, additions, or improvements to the HazMat Storage Area of any kind whatsoever without whatsoever. The number of parking spaces which Tenant has the right to use pursuant to Section 10 of the Lease shall be reduced by 1 parking space during the term of the Lease with respect to the HazMat Storage Area. The term of the Lease with respect to the HazMat Storage Area shall expire on the expiration date of the Term of the Lease; provided, however, that either Landlord or Tenant may terminate Tenant’s right to use the HazMat Storage Area before such date upon 60 days prior written approval notice to Landlord, which approval shall not be unreasonably withheldthe other. Tenant shall, at Tenant’s sole cost and expense, surrender the HazMat Storage Area upon at the expiration or earlier termination of the TermTerm of the Lease with respect to the HazMat Storage Area free of any screening or other improvements, free of any debris and trash and free of any Hazardous Materials in accordance with the requirements of Section 28 of the Lease.

Appears in 1 contract

Sources: Lease Agreement (ONCOSEC MEDICAL Inc)

HazMat Storage Area. Pursuant to a Change Request requested by Tenant under the Work Letter, Landlord has, as part of Landlord’s Work under the Work Letter, created an exterior hazardous materials storage area (‘HazMat Storage Area”) as shown on Exhibit A attached to this First Amendment. The design and specifications for the HazMat Storage Area have been approved by Tenant and Tenant acknowledges and agrees that all costs for the design and construction of the HazMat Storage Area shall be paid for out of the Tenant Improvement Allowance. Notwithstanding anything to the contrary contained in the Lease, commencing on in connection with Tenant’s use and occupancy of the Commencement DatePremises, Tenant shall have the right to use install a Hazardous Materials storage shed (the HazMat Storage Area, Shed”) for the storage of Tenant’s Hazardous MaterialsMaterials at the Project in a location mutually acceptable to Landlord and Tenant. Tenant shall also install, at Tenant’s cost, any related screening required by Legal Requirements and/or any related screening reasonably required by Landlord with respect to the HazMat Storage Shed. Tenant shall have all of the obligations under the Lease with respect to the HazMat Storage Area Shed as though the HazMat Storage Area Shed were part of the Premises, excluding the obligation to pay Base Rent or additional Operating Expenses. Tenant shall maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, and take or cause to be taken all other actions necessary or required under applicable Legal Requirements in connection with the use of the HazMat Storage AreaShed. Other than If the HazMat Storage Shed is located in connection with Landlord’s Workthe parking area serving the Building, then the number of parking spaces which Tenant has the right to use pursuant to Section 10 shall be reduced by the number of parking spaces impacted by the HazMat Storage Shed. Landlord shall have no obligation to make any repairs or other improvements to the HazMat Storage Area Shed and Tenant shall maintain the same, at Tenant’s sole cost and expense, in substantially the same condition as received during the term as though the same were part of the Premises. Tenant shall not make any alterations, additions, or improvements to the HazMat Storage Area of any kind whatsoever without the prior written approval to Landlord, which approval shall not be unreasonably withheld. Tenant shall, at Tenant’s sole cost and expense, surrender the HazMat Storage Area upon Shed at the expiration or earlier termination of the Term, term of the Lease free of any debris and trash and free of any Hazardous Materials in accordance with the requirements of Section 28 of the this Lease.

Appears in 1 contract

Sources: Lease Agreement (Beam Therapeutics Inc.)