Existing Buildings Sample Clauses
The 'Existing Buildings' clause defines the rights and responsibilities of parties regarding structures already present on a property at the time of a transaction or agreement. It typically outlines whether such buildings are included in the sale, their condition, and any obligations for repair, maintenance, or demolition. This clause ensures both parties are clear about what is being transferred and helps prevent disputes over the status or treatment of existing structures on the property.
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Existing Buildings. Those buildings currently situated within the Project and commonly known as ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇-▇▇▇ ▇▇▇▇▇▇▇▇, 575-595 Broadway, ▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇ ▇▇▇▇; provided, however, that if at any time Landlord sells, exchanges, disposes of, or otherwise transfers its interest in any such building, then effective upon the date of such sale, exchange, disposition, or other transfer, the building shall cease to be an Existing Building for the purposes of this Lease; and provided further, that if at any time Landlord demolishes any Existing Building, neither the demolished building nor any new building constructed on or about the location of the demolished building (even if such new building uses the same address as the demolished building) shall be considered to be an Existing Building for the purposes of this Lease.
Existing Buildings. There are a number of other supporting auxiliary structures around the property providing services to the main structure as under: • Mosque: A small mosque is situated to the rear of the main building and has praying capacity for a small number of people. • Bungalows: The bungalows are currently serving as residences, providing living spaces for individuals or families. They are presently occupied and used for the purpose of housing residents.
Existing Buildings. Lessee shall have no obligation to insure ------------------ existing buildings.
Existing Buildings. Loans under the Program shall only be issued for retrofits, renovations, modifications, or alterations within the existing footprint of existing buildings, and shall under no circumstances be issued for new construction.
Existing Buildings. Provided that Tenant is not then in default under the Lease, and subject to the relocation, expansion and term extension rights of now existing tenants in the Project and Landlord's right to renew the lease of any existing tenant in its existing space, Tenant shall have a right of first negotiation for any space(s) which become available in any of the four (4) buildings in the Project identified as "Option Buildings" in Exhibit "B" to the Form Lease. If from time to time during the Lease Term, including any extensions thereof, there becomes available .for lease in the Project any space(s) located in any of the Option Buildings, then before leasing such space(s) to a third party Landlord shall first notify Tenant in writing of the availability of such space(s) and of the basic business terms on which Landlord is willing to lease such space(s). If Tenant, within ten (10) days after receipt of Landlord's notice of availability, notifies Landlord in writing of Tenant's agreement to lease such space(s) on the specified business terms, then Landlord shall lease such space to Tenant on the basic business terms set forth in Landlord's notice and otherwise on the terms and conditions set forth in the Form Lease, and the parties shall enter into a separate lease for such space(s) agreement incorporating such terms and conditions. If Tenant notifies Landlord that it does not wish to lease such spaces or if Tenant fails to commit to lease such space as provided above in writing within such ten (10)-day period, then Landlord shall have the right over the following six (6) month period to market and lease such space(s) to third parties on basic business terms which, on a net basis, are not materially more favorable to the prospective tenant(s) than those basic business terms set forth in Landlord's original notice of availability. The provisions of this Section 3 shall continue to apply to any additional space(s) in the Option Buildings that may subsequently become available for lease during the Lease Term, including any extensions thereof.
Existing Buildings a. In order for Engineering Ventures to document existing conditions, removal of finishes will be required. It is assumed that cutting of holes in the existing building to observe the existing structure and repair of these holes and openings will be provided by others.
b. Where existing conditions drawings, reports, or other information related to the work is available, copies shall be made available to Engineering Ventures.
c. Review of the existing structure for new snow drift loads by proposed additions is/ is not (CHOOSE ONE) included.
d. Design of reinforcing of the existing structure to support new snow drift loads will be provided as an additional service, if needed.
e. Review of the impact of additions and renovations on the existing structure for conformance with the current seismic code is/ is not (CHOOSE ONE) included.
f. Design of reinforcing of the existing structure to meet current seismic code requirements will be provided as an additional service, if needed.
Existing Buildings. Notwithstanding anything to the contrary in Sections 4.1, 4.4, 4.8, 4.9 and 4.10, no alterations or changes shall be required any Buildings located in the Shopping Center on November 29, 1994, to conform to the requirements or specifications in such Sections; provided, however, that the foregoing shall not be deemed to constitute a waiver of any of the requirements of such Sections with regard to the construction of any new Buildings or the modification of any Building existing on November 29, 1994.
Existing Buildings a. In order for Engineering Ventures to document existing conditions, removal of finishes may be required. It is assumed that cutting of holes in the existing building to observe the existing structure and repair of these holes and openings will be provided by others.
b. Where existing conditions drawings, reports, or other information related to the work is available, copies shall be made available to Engineering Ventures.
c. The impact of additions and renovations will be evaluated and designed in accordance with the Existing Building Code (IEBC 2015).
Existing Buildings. Site is 3.8+/- acres and the existing buildings are majority single story with a two-story building at the rear of the property. The total existing square feet is approximately 47,652 +/-SF between retail and office space. AU of the existing improvements will be demolished for the proposed redevelopment. Please see Project Information (A-0.01) for proposed building use information.