Common use of Monument Sign Clause in Contracts

Monument Sign. There is an existing monument sign at the Building (the “Monument Sign”). Subject to Tenant obtaining any required governmental permits, Tenant shall be entitled to place its name on the Monument Sign, at Tenant’s sole cost and expense. Landlord shall have the right to approve the size, design, location and color of Tenant’s name on the Monument Sign, in Landlord’s sole discretion. Tenant shall maintain its name in good condition, at Tenant’s sole cost and expense. Prior to the termination of the Lease, Tenant shall remove its name from the Monument Sign and repair any damages caused by such removal. The Monument Sign will include spaces for the names of multiple tenants, and Tenant acknowledges that Landlord may elect to add additional names to the Monument Sign. If at any time Tenant has assigned this Lease or has subleased more than fifty percent (50%) of the usable square feet in the Premises, Landlord shall have the right, at Landlord’s option, at any time, upon not less than ninety (90) days advance written notice to Tenant, to require Tenant to permanently remove the its name from the Monument Sign and to repair any damage to the Monument Sign caused by such removal, at Tenant’s sole cost and expense. From and after the date of such removal, Tenant shall no longer have the right to place its name on the Monument Sign, and except for Tenant’s obligation to repair any damage to the Monument Sign, this Section shall be of no further force or effect. If Tenant has not placed its name on the Monument Sign on or before October 31, 2013, Tenant’s shall no longer have the right to place its name on the Monument Sign, and this Section shall be of no further force or effect.

Monument Sign. There is an existing Tenant shall also have the non-exclusive right, at Tenant's sole cost and expense, to have the name "Wafergen" placed (1) on one sign panel on the monument sign at for the Building Project located on Paseo Padre (the “"Monument Sign”"). Subject to Tenant obtaining any required governmental permits, The location of Tenant's panel on the Monument Sign will be determined by Landlord. Tenant shall be entitled solely responsible for payment of all costs and expenses related to place its name Tenant's panel on the Monument Sign, including, without limitation, all design, fabrication and permitting costs, license fees, installation, maintenance, repair and removal costs. Landlord shall maintain and repair Tenant's sign panel at Tenant’s 's expense. Upon the expiration or earlier termination of this Lease, Landlord shall, at Tenant's sole cost and expense. Landlord shall have the right expense (except as otherwise set forth hereinabove), (i) cause Tenant's sign to approve the size, design, location and color of Tenant’s name on be removed from the Monument Sign, in Landlord’s sole discretion. Tenant shall maintain its name in good condition(ii) repair any damage caused by the removal of Tenant's sign, at Tenant’s sole cost and expense. Prior (iii) restore the underlying surfaces to the termination condition existing prior to the installation of the Lease, Tenant shall remove its name from the Monument Sign and repair any damages caused by such removalTenant's sign. The Monument Sign will include spaces for the names of multiple tenants, and Tenant acknowledges that Landlord may elect to add additional names rights granted herein are personal to the Monument Sign. If at any time original Tenant has assigned executing this Lease and may not be assigned, voluntarily or has subleased more than fifty percent (50%) of the usable square feet in the Premises, Landlord shall have the right, at Landlord’s option, at any time, upon not less than ninety (90) days advance written notice to Tenantinvoluntarily, to require any person or entity. The rights granted to the original Tenant to permanently remove the its name hereunder are not assignable separate and apart from the Monument Sign and to repair Lease, nor may any damage to right granted herein be separated from the Monument Sign caused Lease in any manner, either by such removal, at Tenant’s sole cost and expense. From and after the date of such removal, Tenant shall no longer have the right to place its name on the Monument Sign, and except for Tenant’s obligation to repair any damage to the Monument Sign, this Section shall be of no further force reservation or effect. If Tenant has not placed its name on the Monument Sign on or before October 31, 2013, Tenant’s shall no longer have the right to place its name on the Monument Sign, and this Section shall be of no further force or effectotherwise.