Common use of RIGHTS RESERVED BY LESSOR Clause in Contracts

RIGHTS RESERVED BY LESSOR. Clause I: Public facility owners have the right to enable any and all relevant supplies or service pipelines capable of supplying to the Tower or its neighboring buildings to extend across the Premises without interruption; and such public facility owners or their staff shall, subject to prior consent of the Lessor, have the right to enter the Premises for checking, repairing, replacing and building new service pipelines in order to connect to the Tower or provide public facilities to its neighboring buildings. Clause II: Within the Lease Term, the Lessor shall have the right to change the name of the Tower or of a part thereof. The Lessor bears no responsibility for the costs and expenses that the Tenant may occur as result of the name change, provided that it shall give a three-month notice to the Tenant prior to the name change. Clause III: If the Tenant has breached any clause herein and failed to cure it within ten days after receiving the Lessor’s written notice, the Lessor shall have the right to suspend services to the Premises or take other measures as it deems appropriate (such as cutting off water, power, cooling and heat supply, etc.) without bearing any responsibility, until the Tenant corrects the breach and pays off all resulting reasonable costs and expenses (including, without limitation to, penalties). Clause IV: After the Lessor transfers the Premises to a third person other than the Tenant, the rights and obligations of the Lessor hereunder will be transferred to such third person from the date of the transfer. Such title transfer shall not adversely affect any rights of the Tenant under this agreement. Clause V: The Lessor or a third person authorized by the Lessor (subject to Power of Attorney from the Lessor) shall have the right to collect rent, management fee and other miscellaneous fees from the Tenant as agreed herein, and to charge penalty and compensation of losses from the Tenant in the event of the Tenant’s delay in payment of the foregoing fees. The Lessor shall have the right to appoint a third party to perform the obligations to be fulfilled by it and collect rent and other fees on its behalf, provided that the Lessor shall issue a requisite Power of Attorney and other appropriate documents.