Building Separation Clause Samples

Building Separation. After execution of the Early Entry Agreement by Landlord and Tenant and in accordance with its terms, Landlord shall permit Tenant to cap the then-existing distilled water, steam and gas pipes and take such other reasonable action to make a closed system for Tenant. In the event that the Premises are substantially and physically separated from the other rentable spaces in the Building during the Term, Tenant shall maintain, operate and repair, at no cost to Landlord, the backup electric generator and shall be entitled to collect from the other tenants in the Building that elect to use the backup electric generator, the other tenants’ reasonable share of the cost of such maintenance, operation and repairs based upon the parties’ respective uses. In the event other tenants in the Building elect not to use the backup electric generator, Tenant may, at Tenant’s sole cost and expense, and subject to Landlord’s prior written approval in accordance with Section 6 of this Lease, separate the backup electric generator service from the spaces in the Building occupied by tenants electing not to use it. By: RREEF Management Company, a Delaware corporation, Its Manager By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: District Manager Title: Chief Executive Officer Dated: 9/21/05 Dated: 09/19/2005 ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ) ) ss. COUNTY OF KING ) On this as 21st day of September, 2005 before me, the undersigned, a Notary Public in and for the State of Washington personally appeared ▇▇▇▇▇ ▇▇▇▇▇▇▇, to be known or shown through satisfactory evidence to be the District Manager of RREEF Management Company, a Delaware corporation, and acknowledged to me that he executed the same on behalf of said corporation freely and voluntarily for the uses and purposes therein mentioned. Witness my hand and official seal the day and year in this certificate first above written. /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ [SEAL] ▇▇▇▇ ▇. ▇▇▇▇▇▇ Notary Public in and for the State of Washington residing at King county My commission expires: February 1, ▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ) ) ss. COUNTY OF KING ) On this as 19 day of September, 2005 before me, the undersigned, a Notary Public in and for the State of Washington personally appeared ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, to be known or shown through satisfactory evidence to be the Chief Executive Officer of Alder Biopharmaceuticals, a Delaware corporation, and acknowledged to me that he executed the same on behalf of said corporation fre...

Building Separation. The Buyer acknowledges that the Property is currently connected to a building located at ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, via an aboveground tunnel. The Buyer, as a material condition of this Agreement, agrees within sixty (60) days after Closing, at its sole expense, to demolish the tunnel, separate the buildings, repair any damage caused by such actions, reconstruct the tunnel openings to create appropriate barrier walls on both buildings, and establish independent building systems as necessary for both buildings, including but not limited to electrical and sprinkler systems (collectively the “Separation Work”). If Buyer fails to complete the Separation Work within ninety (90) days following Closing, Seller, after providing Buyer with ten (10) days prior written notice, may perform such work. If applicable, Buyer agrees to pay costs and expenses of the Separation Work incurred by Seller upon demand.

Building Separation. Buyer shall be satisfied with the cost and obligations associated with performing the work required to separate the buildings pursuant to Section 20 below. If any of the Contingencies have not been satisfied, as determined by Buyer in Buyer’s sole discretion, on or before the date that is ninety (90) days after the Effective Date (the “Contingency Date”), then this Agreement may be terminated, at Buyer’s option, by written notice from Buyer to Seller delivered on or before the Contingency Date and thereupon the ▇▇▇▇▇▇▇ Money and any interest earned thereon, shall be immediately paid to Buyer and upon such return, neither party will have any further rights or obligations to the other regarding this Agreement or the Property, except Buyer’s obligations under Section 6 shall survive such termination. After the expiration of the Contingency Date, the ▇▇▇▇▇▇▇ Money shall be non-refundable and deemed earned by Seller.

Building Separation a. Clarifies that at this time the building is not classified for any other ancillary uses or for future space programming changes like restaurants, night clubs or other venue that may require the stadium to be open and operated in a manner that differs from the current intended use as a stadium and events center.

Building Separation. Separation between structures shall not be less than 24 feet. There shall be a zero foot setback for individual lots which utilize common walls to form a “townhouse” type structure.