Common use of COMPARABLE BUILDINGS Clause in Contracts

COMPARABLE BUILDINGS. For purposes of the Second Amendment, the term “Comparable Buildings” shall mean other first-class institutionally-owned office buildings which are comparable to the Building in terms of age (based upon the date of completion of construction or major renovation as to the building containing the portion of the Premises in question), quality of construction, level of services and amenities (including, but not limited to, the type (e.g., surface, covered, subterranean) and amount of parking), size and appearance, and are located in the “Comparable Area,” which is the area bounded by ▇▇▇▇▇▇ to ▇▇▇ ▇▇▇▇▇▇ and King to the Embarcadero.