Building B Clause Samples

The 'Building B' clause designates a specific building, typically within a larger property or development, as a subject of the agreement. This clause clarifies which structure is being referenced for obligations such as maintenance, leasing, or construction, ensuring that all parties understand the exact location and scope of their responsibilities. By clearly identifying 'Building B,' the clause prevents confusion or disputes over which building is covered by the contract, thereby ensuring clarity and precision in the agreement.
Building B. Building B would contain approximately 167,290 gross square feet and range in height from 36 to 57 feet. The ground floor would include approximately 13,420 square feet of commercial space. Portions of the ground floor and the second through fifth floors of Building B would be comprised of 170 residential condominium units containing, in the aggregate, approximately 153,880 square feet of space. Building B will also include a rooftop deck with multiple seating areas to serve as common area amenities for the residents of Buildings A, B and C.
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Building B. The term “Building B” shall mean that 6-story building containing approximately one hundred fifty thousand one hundred twenty eight (150,128) rentable square feet and all improvements owned by Landlord and installed therein, shown as Building B on Exhibit “A” attached hereto and commonly known as ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇.
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Building B. At Settlement, Purchaser shall pay the Building B Purchase Price as follows: (i) One-half (1/2) of the Deposit shall be credited for the benefit of Purchaser against the Building B Purchase Price; and (ii) Purchaser shall use its good faith efforts to obtain a commercial first leasehold deed of trust loan from Fauquier Bank, or another financial institution of Purchaser’s choice, in the approximate sum of Four Million Two Hundred Thousand and 00/100 Dollars ($4,200,000.00) (the “Building B Bank Loan”); and (iii) The balance of the Building B Purchase Price shall be paid by Purchaser to Seller at Settlement by bank wire or certified check.
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Building B. The parking garage (Building B) shall be constructed on the DDA Evergreen Property currently owned by the DDA. Developer will purchase the DDA Evergreen property from the DDA in accordance with the terms of this agreement and the Purchase Agreement attached hereto as Exhibit E (additional terms to be negotiated) with occupancy by developer no earlier than May 9, 2018. The purchase price shall be the total amount of principal due and owning by DDA for the Evergreen properties currently estimated to be Five Million Six Hundred and Five Thousand Dollars ($5,605,000.00) at the end of 2017 in accordance with the purchase agreement described in Section III, Paragraph a, of this agreement. Building B will be 5 levels, have 425 parking spaces and will address the additional parking requirements of the Development not satisfied in Building A, compensate for the surface parking eliminated with the extension of ▇▇▇▇▇▇ Avenue and provide additional public parking for downtown East Lansing. Building B will be constructed by Developer and managed by and ultimately sold to the City for the cost of property acquisition and construction pursuant to the terms of the purchase agreement attached hereto as Exhibit E (additional terms to be negotiated). Development costs for Building B (parking garage) are estimated at Eleven Million Three Hundred Seventy Four Thousand One Hundred Twenty Five Dollars ($11,374,125) exclusive of land costs. City shall reimburse Developer for the costs incurred by Developer for land acquisition and construction costs as part of the ▇▇▇▇▇▇▇▇▇▇ Plan in an amount not to exceed Twenty Million Six Hundred Twenty Two Thousand Six Hundred Seventy Five Dollars ($20,622,675.00). When Building B is completed it and the land upon which it is located shall be deeded to the City except for the land upon which building C2 is located, which shall remain with the developer. The Developer and the City will enter into a parking agreement, attached hereto as Exhibit F (terms to be negotiated), that will detail the number of spaces that the developer will lease from the City and the terms of the lease.
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Building B. Landlord and Tenant herby agree to include in Tenant Premises an area in Building B totaling 3,221 square feet (the “Expansion Space”) as shown and attached hereto as Exhibit A.
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Building B 
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Related to Building B

  • Building With respect to each parcel of Real Estate, all of the buildings, structures and improvements now or hereafter located thereon. Business Day. Any day on which banking institutions located in the same city and State as the Agent’s Head Office are located are open for the transaction of banking business and, in the case of LIBOR Rate Loans, which also is a LIBOR Business Day.

  • Building Name Landlord reserves the right at any time and from time to time to change the name by which the Building is designated.

  • Building Use Agency facilities may be used for Union activities according to current building use policies, so long as the facility is available and proper scheduling has been arranged.

  • Building Renovations It is specifically understood and agreed that Landlord has made no representation or warranty to Tenant and has no obligation and has made no promises to alter, remodel, improve, renovate, repair or decorate the Premises, Building, or any part thereof and that no representations respecting the condition of the Premises or the Building have been made by Landlord to Tenant except as specifically set forth herein or in the Work Letter Agreement. However, Tenant hereby acknowledges that Landlord is currently renovating or may during the Lease Term renovate, improve, alter, or modify (collectively, the "Renovations") the Project, the Building and/or the Premises including without limitation the parking structure, common areas, systems and equipment, roof, and structural portions of the same, which Renovations may include, without limitation, (i) installing sprinklers in the Building common areas and tenant spaces, (ii) modifying the common areas and tenant spaces to comply with applicable laws and regulations, including regulations relating to the physically disabled, seismic conditions, and building safety and security, and (iii) installing new floor covering, lighting, and wall coverings in the Building common areas, and in connection with any Renovations, Landlord may, among other things, erect scaffolding or other necessary structures in the Building, limit or eliminate access to portions of the Project, including portions of the common areas, or perform work in the Building, which work may create noise, dust or leave debris in the Building. Tenant hereby agrees that such Renovations and Landlord's actions in connection with such Renovations shall in no way constitute a constructive eviction of Tenant nor entitle Tenant to any abatement of Rent. Landlord shall have no responsibility or for any reason be liable to Tenant for any direct or indirect injury to or interference with Tenant's business arising from the Renovations, nor shall Tenant be entitled to any compensation or damages from Landlord for loss of the use of the whole or any part of the Premises or of Tenant's personal property or improvements resulting from the Renovations or Landlord's actions in connection with such Renovations, or for any inconvenience or annoyance occasioned by such Renovations or Landlord's actions.

  • Premises Building Project and Common Areas 1.1 Premises, Building, Project and Common Areas.