Common use of Radius Clause in Contracts

Radius. Tenant is restricted from opening a business similar to or competing with the business authorized to be conducted in the leased premises within _____ miles of the Shopping Center. Confirmation of Business Terms for (TRADE NAME) Date: Center: (CENTER, SPACE #) Condition of Premises - (SPACE IS CURRENTLY OR PREVIOUSLY OCCUPIED OR NEW). Cooling - (SPACE HAS CENTRAL PLANT OR CENTRAL CONDENSOR WATER OR ROOFTOP UNIT; ADDRESSES INITIAL CONNECTION FEE IF APPLICABLE). Building Facility Charges - A fee of $ ____ per square foot of floor area in the leased premises will be charged to the Tenant for the following list of items which will be provided by the Landlord. (Proforma is $ /SF.) As applicable depends on the building design.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Taubman Centers Inc), Purchase and Sale Agreement (Taubman Centers Inc)