Common use of Control Areas Clause in Contracts

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premises), as designated by the applicable building code, for chemical use or storage. As used in the preceding sentence, Tenant’s pro rata share of any control areas or zones located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s pro rata share of such control area would be 20%.

Appears in 3 contracts

Samples: Attornment Agreement (AltheaDx, Inc.), Attornment Agreement (AltheaDx, Inc.), Attornment Agreement (AltheaDx, Inc.)

AutoNDA by SimpleDocs

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premisesareas of the Premises designated on Exhibit G), as designated by the applicable building code, for chemical use or storage. As used in the preceding sentence, Tenant’s 's pro rata share of any control areas or zones located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s 's premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s 's pro rata share of such control area or zone would be 20%.

Appears in 2 contracts

Samples: Lease Agreement (Kymera Therapeutics, Inc.), Lease Agreement (Kymera Therapeutics, Inc.)

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premises), as designated from time to time by the applicable building codecode or other Legal Requirement, for chemical Hazardous Materials use or storage. As used in the preceding sentence, Tenant’s Tenants pro rata share of any control areas area or zones zone located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s pro rata share of such control area or zone would be 20%.

Appears in 2 contracts

Samples: Lease Agreement (NextCure, Inc.), Lease Agreement (NextCure, Inc.)

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premises), as designated by the applicable building code, for chemical use or storage. As used in the preceding sentence, Tenant’s pro rata share of 8800 Technology Forest/Nurix Therapeutics - Page 28 any control areas or zones located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s pro rata share of such control area would be 20%.

Appears in 1 contract

Samples: Lease Agreement (Nurix Therapeutics, Inc.)

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premises), as designated from time to time by the applicable building codecode or other Legal Requirement, for chemical Hazardous Materials use or storage. As used in the preceding sentence, Tenant’s pro rata share of any control areas area or zones zone located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s tenants premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s tenants pro rata share of such control area or zone would be 20%.

Appears in 1 contract

Samples: Lease Agreement (Genvec Inc)

AutoNDA by SimpleDocs

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premises), as designated from time to time by the applicable building codecode or other Legal Requirement, for chemical Hazardous Materials use or storage. As used in the preceding sentence, Tenant’s pro rata share of any control areas area or zones zone located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s pro rata share of such control area or zone would be 20%.

Appears in 1 contract

Samples: Lease Agreement (REGENXBIO Inc.)

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premises), as designated by the applicable building code, for chemical use or storage. As used in the preceding sentence, Tenant’s pro rata share of any control areas or zones located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s pro rata share of such control area would be 20%.,

Appears in 1 contract

Samples: Extension Option Rider (Turning Point Therapeutics, Inc.)

Control Areas. At Landlord’s option and discretion, Tenant shall be allowed to utilize up to its pro rata share of the Hazardous Materials inventory within any control area or zone (located within the Premises), as 455 Mission Bay/Nurix Therapeutics - Page 27 designated by the applicable building code, for chemical use or storage. As used in the preceding sentence, Tenant’s pro rata share of any control areas or zones located within the Premises shall be determined based on the rentable square footage that Tenant leases within the applicable control area or zone. For purposes of example only, if a control area or zone contains 10,000 rentable square feet and 2,000 rentable square feet of a tenant’s premises are located within such control area or zone (while such premises as a whole contains 5,000 rentable square feet), the applicable tenant’s pro rata share of such control area would be 20%.

Appears in 1 contract

Samples: Lease Agreement (Nurix Therapeutics, Inc.)

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