Common use of BASE, SHELL AND CORE Clause in Contracts

BASE, SHELL AND CORE. Landlord has previously constructed the base, shell and core (i) of the Premises and (ii) of the floor(s) of the Building on which the Premises are located (collectively, the “Base, Shell and Core”), and Tenant shall accept the Base, Shell and Core in its current “As-Is” condition existing as of the date of the Lease and the Lease Commencement Date. Except for Landlord’s Common Area Work (described below) and except for Landlord’s construction of the Tenant Improvements and the Additional Allowance, Landlord shall not be obligated to make or pay for any alterations or improvements to the Premises, the Building or the Project. In addition to Tenant Improvement Work, Landlord shall, using Building-Standard materials and as soon as reasonably possible following the full execution and delivery of this Lease by Landlord and Tenant, perform the following common area work in the Project: (i) remodel both main common area lobbies in the Building utilizing finishes and furnishings at or better quality level as those used in the Other Building located at 00000 Xxxxxxx Xxxxxx Xxxxx; (ii) install one (l) common area passenger elevator to a pre-designated location near the main common area lobby that is next to the Premises; and (iii) add new landscaping to the areas in the back of the Building near the main common area lobby that is next to the Premises, (which landscaping will be similar in quality to the balance of the Project) (collectively, “Landlord’s Common Area Work”).