Common use of Facilities Team Clause in Contracts

Facilities Team. Landlord and Tenant hereby acknowledge that Tenant’s in-house facilities management department (collectively, the “Facilities Team”) is comprised of a multi-disciplined staff of competent professional facilities maintenance, repair and management personnel. Tenant shall cause, throughout the Lease Term, its Facilities Team to maintain requisite levels of capability and expertise, and apply such Facilities Team to the Project, as reasonably required to satisfy the Management Standard.

Appears in 1 contract

Sources: Lease Agreement (Fate Therapeutics Inc)

Facilities Team. Landlord and Tenant hereby acknowledge that Tenant’s 's in-house facilities management department (collectively, the "Facilities Team") is comprised of a multi-disciplined staff of competent trained and professional facilities maintenance, repair and management personnelpersonnel (from time to time, however, Tenant may elect to “outsource” some or all of the Facilities Team, in accordance with the Management Standard). Tenant shall cause, throughout the Lease Term, its Facilities Team to maintain requisite materially consistent levels of capability and expertise, and apply such Facilities Team to the Project, as reasonably required to satisfy the Management Standard.

Appears in 1 contract

Sources: Office Lease (Penumbra Inc)

Facilities Team. Landlord and Tenant hereby acknowledge that Tenant’s in-house facilities management department (collectively, the “Facilities Team”) is comprised of a multi-disciplined staff of competent trained and professional facilities maintenance, repair and management personnelpersonnel (from time to time, however, Tenant may elect to “outsource” some or all of the Facilities Team, in accordance with the Management Standard). Tenant shall cause, throughout the Lease Term, its Facilities Team to maintain requisite materially consistent levels of capability and expertise, and apply such Facilities Team to the Project, as reasonably required to satisfy the Management Standard.

Appears in 1 contract

Sources: Lease (Penumbra Inc)