By Owners of Burdened Parcels Sample Clauses

By Owners of Burdened Parcels. Notwithstanding anything to the contrary set forth elsewhere in this Agreement, but subject to Section 4(f) below, no Owner shall construct, allow to be constructed, or suffer to remain any building, wall, median, or other obstruction, or otherwise modify the improvements on any portion of any Parcel owned by such Owner that is subject to the Parking Easement in such a way as to prevent or unreasonably interfere with the free flow of traffic to and from, and the use of, the designated parking spaces therein, or to reduce the number of such spaces, and no Owner shall reserve or otherwise designate any parking space outside of an Exclusive Parking Zone for the use of any particular person or group of persons without the prior written approval of Manager, which approval may be withheld or conditioned in Manager's sole and absolute discretion; provided, however, (i) the foregoing shall not be construed to prohibit (A) reasonable temporary restrictions or detours required in connection with refurbishment, maintenance and/or repair of the improvements within the easement area, or (B) any modification of the Appurtenant Pedestrian Facilities that does not materially reduce or eliminate access to the remainder of the Parking Easement area; (ii) any Owner may modify the improvements on its Parcel so as to reduce the number of parking spaces on such Parcel that are subject to the Parking Easement and outside of the Exclusive Parking Zone for such Parcel if (A) the Owner provides at least an equal number of legally compliant parking spaces at another location outside of the Exclusive Parking Zone(s) on such Parcel or at another location outside of the Exclusive Parking Zone(s) on an immediately adjacent Parcel, (B) the Owner's plan to modify improvements on its Parcel(s) and to relocate any parking spaces as described in the preceding clause (A) shall be subject to the reasonable prior review and approval of Manager, and (C) the Owner does not reduce the number of Parking Spaces on such Parcel at any one time by more than fifteen (15) parking spaces; provided, however, the foregoing clause (C) shall only apply to any Parcel for so long as Cisco Systems, Inc. or any "Tenant Affiliate" (as defined below) continues as a tenant on such Parcel pursuant to its existing lease, dated September 16, 2013, pertaining to such Parcel. For the purposes hereof, the term "Tenant Affiliate", as to any Parcel, has the same meaning herein as in the lease with Cisco Systems, Inc, dated ...
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By Owners of Burdened Parcels. Notwithstanding anything to the contrary set forth elsewhere in this Agreement, but subject to Section 4(c) below, no Owner shall construct, allow to be constructed, or suffer to remain any building, wall, median, or other obstruction, or otherwise modify the improvements on any portion of any Parcel owned by such Owner that is subject to the Parking Easement in such a way as to prevent or unreasonably interfere with the free flow of traffic to and from, and the use of, the designated parking spaces in therein, or to reduce the number of such spaces, provided, however, that the foregoing shall not be construed to prohibit either (i) reasonable temporary restrictions or detours required in connection with refurbishment, maintenance and/or repair of the improvement within the easement area, or (ii) any modification of the Appurtenant Pedestrian Facilities that does not materially reduce or eliminate access to the remainder of the Parking Easement area. For avoidance of doubt, this Section 4(b) is intended to prohibit the reservation or other designation of any designated parking space outside of an Exclusive Parking Zone for the use of any particular person or group of persons without the prior written approval of Manager, which approval may be withheld or conditioned in Manager's sole and absolute discretion.
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By Owners of Burdened Parcels. Notwithstanding anything to the contrary set forth in this Agreement, no Owner shall construct, allow to be constructed, or suffer to remain any obstruction on such Owner's property that would prevent or unreasonably interfere with the Manager's effective use of any Site Signage Easement in accordance with the provisions hereof. Each Site Signage Easement shall be deemed to include such right of passage across the burdened parcel as may be reasonably necessary to permit the installation, maintenance, repair and replacement of permitted Campus Identification Signage or other signs that are consistent with the Master Signage Program.
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By Owners of Burdened Parcels. Notwithstanding anything to the contrary set forth in this Agreement, no Owner shall construct, allow to be constructed, or suffer to remain any building, wall, median, or other obstruction, or otherwise modify the improvements, on any portion of the Ring Road Easement area defined on Exhibit RR that is located on any Parcel owned by such Owner, in such a way as to prevent or unreasonably interfere with the free flow of traffic over, across, and through such area, provided, however, that the foregoing shall not be construed to prohibit reasonable temporary restrictions or detours required in connection with refurbishment, maintenance and/or repair of the improvement within such Ring Road Easement areas.
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By Owners of Burdened Parcels. Notwithstanding anything to the contrary set forth in this Agreement, no Owner shall construct, allow to be constructed, or suffer to remain any building, wall, median, or other obstruction, or otherwise modify the improvements, on any portion of the Ring Road Easement area defined on Exhibit RR that is located on any Parcel owned by such Owner, in such a way as to prevent or unreasonably interfere with the free flow of traffic over, across, and through such area, provided, however, that the foregoing shall not be construed to prohibit reasonable temporary restrictions or detours required in connection with refurbishment, maintenance and/or repair of the improvement within such Rinx Xxxx Xxxxxxxx xxxxx. XXXX XXXXXX XXMPUS RECIPROCAL EASEMENT AGREEMENT
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Related to By Owners of Burdened Parcels

  • Project The Land and all improvements thereon, including the Building, the Parking Facilities, and all Common Areas.

  • Premises Parking and Common Areas 2.1 Letting Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental, and upon all of the terms covenants and conditions set forth in this Lease. Unless otherwise provided herein, any statement of square footage set forth in this Lease, or that may have been used in calculating rental and/or Common Area Operating Expenses, is an approximation which Lessor and Lessee agree is reasonable and the rental and Lessee's Share (as defined in Paragraph 1.6(b)) based thereon is not subject to revision whether or not the actual square footage is more or less.

  • Building and Improvements Lessor shall obtain and keep in force during the term of this Lease a policy or policies in the name of Lessor, with loss payable to Lessor and to any Lender(s), insuring against loss or damage to the Premises. Such insurance shall be for full replacement cost, as the same shall exist from time to time, or the amount required by any Lender(s), but in no event more than the commercially reasonable and available insurable value thereof if, by reason of the unique nature or age of the improvements involved, such latter amount is less than full replacement cost. Lessee-Owned Alterations and Utility Installations, Trade Fixtures and Lessee's personal property shall be insured by Lessee pursuant to Paragraph 8.4. If the coverage is available and commercially appropriate, Lessor's policy or policies shall insure against all risks of direct physical loss or damage (except the perils of flood and/or earthquake unless required by a Lender), including coverage for any additional costs resulting from debris removal and reasonable amounts of coverage for the enforcement of any ordinance or law regulating the reconstruction or replacement of any undamaged sections of the Building required to be demolished or removed by reason of the enforcement of any building, zoning, safety or land use laws as the result of a covered loss, but not including plate glass insurance. Said policy or policies shall also contain an agreed valuation provision in lieu of any co-insurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor of not less than the adjusted U.S. Department of Labor Consumer Price Index for All Urban Consumers for the city nearest to where the Premises are located.

  • Phase II The parties acknowledge that this Agreement is not exclusive and GPPC shall have the right to provide consulting services regarding the marketing of the DCC services of Member, GPPC, any of GPPC’s Affiliates, or of any third party, subject to the provisions of Section 5.4 above. During the Term of this Agreement, GPPC may choose to develop the functionality of its own processing platform, or use a third person’s processing platform to enable GPPC to support certain functions in the clearing and settlement of DCC Transactions (“Phase II”). At such time as it is ready to begin implementing Phase II, GPPC shall inform Planet Payment of its plans and the parties shall discuss how Phase II may be integrated into the Acquirer Program. Nothing herein shall prohibit GPPC from implementing Phase II, and Planet Payment agrees that it will use its commercially reasonable efforts to provide assistance to GPPC to implement Phase II, provided that Planet Payment shall not have any obligation whatsoever to assist GPPC in any way in specifying, designing or implementing functions similar to any of Planet Payment’s functions provided hereunder relating to the conversion, calculation, reporting or reconciliation of cross-currency Transactions. Nothing herein shall oblige Planet Payment to disclose, transfer or license any of its IP to GPPC for the purposes of Phase II. Planet Payment shall not charge GPPC for such assistance, unless GPPC requests modifications or enhancements to the Planet Payment Platform to facilitate Phase II, in which case Planet Payment shall only charge GPPC for its actual and out of pocket costs incurred in connection with such modifications or enhancements. The parties shall use good faith efforts to modify the parties’ respective obligations under this Agreement relating to processing of Transactions (but without any change to their respective Revenue Shares) to reflect the reallocation of their respective functions following implementation of Phase II.

  • CC&Rs Tenant shall comply with all recorded covenants, conditions, and restrictions currently affecting the Project. Additionally, Tenant acknowledges that the Project may be subject to any future covenants, conditions, and restrictions (the “CC&Rs”) which Landlord, in Landlord’s discretion, deems reasonably necessary or desirable, which do not materially adversely affect Tenant’s rights, or materially increase Tenant’s obligations under this Lease, and of which Tenant is given prior written notice, and Tenant agrees that this Lease shall be subject and subordinate to such CC&Rs. Landlord shall have the right to require Tenant to execute and acknowledge, within fifteen (15) business days of a request by Landlord, a “Recognition of Covenants, Conditions, and Restriction,” in a form substantially similar to that attached hereto as Exhibit I, agreeing to and acknowledging the CC&Rs.

  • Landlord and Storage Agreements Upon request, provide Agent with copies of all existing agreements, and promptly after execution thereof provide Agent with copies of all future agreements, between an Obligor and any landlord, warehouseman, processor, shipper, bailee or other Person that owns any premises at which any Collateral may be kept or that otherwise may possess or handle any Collateral.

  • Condominium This Lease and all rights of Tenant hereunder are and shall be subject and subordinate in all respects to any condominium declaration and any other documents (collectively, the “Declaration”) which are or shall be recorded in order to convert the Land and the improvements erected thereon to a condominium form of ownership in accordance with the provisions of Article 9-B of the Real Property Law, or any successor thereto, provided the Declaration does not include other terms which increase Tenant’s obligations (in any material respect) or decrease Tenant’s rights (in any material respect). If any such Declaration is to be recorded, Tenant, upon the request of Landlord, shall enter into an amendment of this Lease confirming such subordination and modifying the Lease in such respects as shall be necessary to conform to such condominiumization, including, without limitation, appropriate adjustments to Tenant’s Tax Share and Tenant’s Operating Share and appropriate reductions in the Operating Expenses for the Base Operating Year and the Base Tax Amount; provided, that, such amendment shall not reduce Tenant’s rights or increase Tenant’s obligations under this Lease (in either case in any material respect) or increase Tenant’s monetary obligations under the Lease.

  • Condominium Documents Mezzanine Lender shall have received copies of all Condominium Documents;

  • Scope of Covenants The Company and the Executive further acknowledge that the time, scope, geographic area and other provisions of this Section 5 have been specifically negotiated by sophisticated commercial parties and agree that all such provisions are reasonable under the circumstances of the activities contemplated by this Agreement. In the event that the agreements in this Section 5 shall be determined by any court of competent jurisdiction to be unenforceable by reason of their extending for too great a period of time or over too great a geographical area or by reason of their being too extensive in any other respect, they shall be interpreted to extend only over the maximum period of time for which they may be enforceable and/or over the maximum geographical area as to which they may be enforceable and/or to the maximum extent in all other respects as to which they may be enforceable, all as determined by such court in such action.

  • Land The real property described in Exhibit A attached hereto and made a part hereof (the “Land”);

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