Common use of Fiber Vault Construction Clause in Contracts

Fiber Vault Construction. Tenant may, from time to time and at any time, request that Landlord allow Tenant, at Tenant’s sole cost and expense, to construct and/or install fiber vaults to serve the Premises (and/or the equipment of Tenant and/or its customers in the Premises) within rights of way adjacent to or underneath adjacent streets provided that in Landlord’s reasonable determination space for the proposed vault is available and Tenant satisfies and otherwise complies with all Special Use Conditions with respect to the use and operation thereof for space outside the Premises and/or above the ceilings in the Premises, which use shall also be upon market terms, and subject to Tenant’s payment of then market charges to Landlord for the use thereof. To the extent reasonably requested by Tenant, Landlord shall assist Tenant, at no cost to Landlord, in procuring applicable approvals necessary for the construction, at Tenant’s cost, of any such fiber vaults.

Appears in 2 contracts

Sources: Lease Agreement (CoreSite Realty Corp), Lease (CoreSite Realty Corp)