Common use of Conference Facilities Clause in Contracts

Conference Facilities. Subject to availability, and prior reservation in accordance with any reasonable procedures implemented by Landlord and provided in writing to Tenant, Tenant shall have the right to use the meeting and training rooms and the auditorium located in Building 4 (collectively, the “CONFERENCE FACILITIES”) in common with Landlord and other tenants of the Project, to the extent otherwise permitted by Landlord. The use of such facilities shall be subject to such reasonable rules and requirements as Landlord may establish and provide in writing to Tenant, and to all other provisions of this SECTION 1.3. In no event shall Tenant’s right to use such facilities have precedence over Landlord’s use thereof (unless the facilities have been previously reserved by Tenant in accordance with Landlord’s reasonably established rules and requirements). Notwithstanding any other provision herein to the contrary, Landlord reserves the right, upon written notice to Tenant, (a) to retain a third party operator to operate the Conference Facilities, or (b) to lease the Conference Facilities to a third party, provided, however, in either such case, Landlord shall provide for the right of Tenant to rent, or otherwise use, the Conference Facilities listed below on substantially the same basis as set forth in this Lease. Tenant shall pay Landlord a fee for usage of the meeting rooms and auditorium in accordance with the then current schedule set by Landlord, in Landlord’s sole and absolute discretion. The current schedule, which Landlord may change upon written notice to Tenant, is as follows: Meeting/Conference Room Daily Rate Half-Day Rate Xxxxxxx River (Auditorium) $ 375 $ 250 Nashua River $ 250 $ 000 Xxxxxxx (Xxxxxxxx 0 xxxxxxxx xxxx) $ 250 $ 125

Appears in 2 contracts

Samples: Office Lease (Exact Sciences Corp), Office Lease (Exact Sciences Corp)

AutoNDA by SimpleDocs

Conference Facilities. Subject to availability, and prior reservation in accordance with any reasonable procedures implemented by Landlord and provided in writing to Tenant, Tenant shall have the right to use the meeting and training rooms and the auditorium located in Building 4 (collectively, the "CONFERENCE FACILITIES") in common with Landlord and other tenants of the Project, to the extent otherwise permitted by Landlord. The use of such facilities shall be subject to such reasonable rules and requirements as Landlord may establish and provide in writing to Tenant, and to all other provisions of this SECTION 1.3. In no event shall Tenant’s 's right to use such facilities have precedence over Landlord’s 's use thereof (unless the facilities have been previously reserved by Tenant in accordance with Landlord’s 's reasonably established rules and requirements). Notwithstanding any other provision herein to the contrary, Landlord reserves the right, upon written notice to Tenant, (a) to retain a third party operator to operate the Conference Facilities, or (b) to lease the Conference Facilities to a third party, provided, however, in either such case, Landlord shall provide for the right of Tenant to rent, or otherwise use, the Conference Facilities listed below on substantially the same basis as set forth in this Lease. Tenant shall pay Landlord a fee for usage of the meeting rooms and auditorium in accordance with the then current schedule set by Landlord, in Landlord’s 's sole and absolute discretion. The current schedule, which Landlord may change upon written notice to Tenant, is as follows: Meeting/Conference Room Daily Rate Half-Day Rate ----------------------- ---------- ------------- Xxxxxxx River (Auditorium) $ 375 $ 250 Nashua River $ 250 $ 000 Xxxxxxx (Xxxxxxxx 0 xxxxxxxx xxxx) $ 250 $ 125

Appears in 2 contracts

Samples: Office Lease (Exact Sciences Corp), Office Lease (Exact Sciences Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.